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IFX Up 8.7% in February

EghtesadOnline: Iran Fara Bourse main index was up 8.7% in the second month of 2019 as IFX shot up 168.3 points (8.7%) to close at 2,100.3. Market capitalization also increased by 3.4% in February.
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Publish Date: 11/March/2019 | 13:33

Pakistan-Iran Cargo Train Resumes Services

EghtesadOnline: The cargo train between Pakistan and Iran has resumed services after a suspension of one week due to flash floods in Chagai District.
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Publish Date: 10/March/2019 | 13:19

A Closer Look at Bank Mergers in Iran

EghtesadOnline: A senior former banker says the planned merger of five banks affiliated to the armed forces with the government-owned Bank Sepah can be a step in the right direction in that it would cut costs.
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Publish Date: 10/March/2019 | 13:15

Road Mishap Fatalities Rise

EghtesadOnline: Reports published by the Iranian Legal Medicine Organization reveal an alarming picture of road mortality rates. Close to 14,000 people lost their lives in road mishaps in 10 months to January 20.
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Publish Date: 10/March/2019 | 24:58

Iran 6th Biggest Mushroom Producer Worldwide

EghtesadOnline: With a production volume of 150,000 tons, Iran is the world's sixth biggest edible mushroom cultivator, the chairman of Mushroom Growers Union said.
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Publish Date: 09/March/2019 | 15:29

Iran's Biggest Layer Chicken Farm Opens

EghtesadOnline: Iran’s biggest layer chicken farm has been inaugurated in Soltaniyeh, Abhar County, Zanjan Province.
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Publish Date: 09/March/2019 | 15:29

Iran's Capital Market Outperforms Other Sectors

EghtesadOnline: A report by Tehran Chamber of Commerce, Industries, Mines and Agriculture says the value of equities traded in the capital market during first ten months of the current Iranian fiscal to January 20 grew 181%.
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Publish Date: 09/March/2019 | 15:17

Turkey Biggest Exporter of Olive Oil to Iran

EghtesadOnline: About 2,500 tons of olive oil worth 400 billion rials ($9.5 million) were imported into Iran from eight countries during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20), latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 09/March/2019 | 15:06

Golestan to Have Second Desalination Unit

EghtesadOnline: Feasibility studies to build the second desalination unit in the northern Golestan Province are over and construction work will start soon, managing director of the provincial Rural Water and Wastewater Company said.
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Publish Date: 09/March/2019 | 15:03

Disparate Impact of Sanctions on SMEs

EghtesadOnline: Mohsen Salehinia, head of Iran Small Industries and Industrial Parks Organization, says out of the 43,000 small and medium sized enterprises in industrial towns, 20% are facing recession, which means their production has come almost to a halt.
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Publish Date: 06/March/2019 | 13:46

Textile Products Trade Registers $8m Surplus

EghtesadOnline: A total of 260,000 tons of textile products worth $955 million were exported from Iran in the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register an 18.7% and 6.5% increase in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 06/March/2019 | 13:43

75% Rise in Kurdestan Exports

EghtesadOnline: The western Iranian province of Kurdestan exported 1.77 million tons of goods worth $1.65 billion during the first 11 months of the current Iranian year (March 21, 2018-Feb. 19) to register a 44% and 75% growth in tonnage and value respectively compared with last year's corresponding period.
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Publish Date: 05/March/2019 | 13:36

Extra Working Hours for Subway, Bus Service

EghtesdaOnline: With two weeks before Norouz (Persian New Year) holidays and to help facilitate public transportation, working hours of Tehran Metro line 5 has been extended by one hour.
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Publish Date: 05/March/2019 | 13:13

Turkish Chain Restaurant to Open 5 Branches in Iran

EghtesadOnline: One of Turkey's leading food chains, Bursa Kebap House, which started with three branches in 2010, has focused on foreign targets this year after growing through the management strategies of two entrepreneurial brothers as well as a franchising system.
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Publish Date: 02/March/2019 | 24:16

Iran Tea Exports Fetch $18m in 10 Months

EghtesadOnline: Iran exported a total of 13,000 tons of tea worth $18 million during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20).
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Publish Date: 02/March/2019 | 24:05