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Q1 Red Meat Output at 98,800 tons

EghtesadOnline: Iran’s red meat output during the three months to June 21 amounted to 98,800 tons to register a 0.08% decline year-on-year, a new report released by the Statistical Center of Iran said.
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Publish Date: 03/September/2018 | 13:17

Turkey Biggest Exporter of Chewing Gum to Iran

EghtesadOnline: More than 489 tons of chewing gum worth nearly $1.6 million were imported into Iran from five countries during the first four months of the current Iranian year (March 21-July 22), according to data released by the Islamic Republic of Iran Customs Administration.
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Publish Date: 03/September/2018 | 13:16

Under Pressure Irrigation Expanding

EgtesadOnline: More than 2 million hectares of farmlands are now equipped with under pressure irrigation systems in Iran, more than 30% of which were implemented since the beginning of President Hassan Rouhani’s first tenure in August 2013, the deputy agriculture minister for water and soil affairs said.
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Publish Date: 03/September/2018 | 13:15

Rice Cultivation to Be Restricted to 2 Northern Provinces

EghtesadOnline: Rice cultivation is only permitted in the two northern provinces of Gilan and Mazandaran and will be gradually banned in other Iranian provinces over the next three years, as per the directive newly approved by the government and communicated to related bodies after it was approved by the Committee for Adaptability to Water Shortage.
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Publish Date: 03/September/2018 | 13:14

Ice Cream Exports Exceed $70 Million

EghtesadOnline: Iran exported 21,625 tons of ice cream worth $73.97 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 03/September/2018 | 13:13

Iran's Trade Volume With Malaysia Hits 93%

EghtesadOnline: Iran traded 303,607 tons of non-oil commodities worth $152.27 million with Malaysia during the first four months of the current fiscal year (March 21-July 22).
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Publish Date: 03/September/2018 | 13:12

Consumer Goods See Sharpest Decline Among Q1 Imports

EghtesadOnline: Import of consumer goods declined more than those of other types of commodities in the first quarter of the current fiscal year (March 21-June 21) compared with the similar period of last year.
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Publish Date: 03/September/2018 | 13:11

No Ban on Iranian Tea Exports

EghtesadOnline: Tea exports will be permitted as before and no bans will be imposed on its shipments. This was notified by director general of exports affairs with the Islamic Republic of Iran Customs Administration to customs offices across the country on Saturday.
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Publish Date: 03/September/2018 | 07:44

Housing Savings Account Outstrips Deposit Targets

EghtesadOnline: Latest figures from the Housing Savings Account, Iran’s cheapest homeownership initiative, show that it has managed to attract more deposits than it had initially targeted.
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Publish Date: 03/September/2018 | 07:44

Islamic Banking Confab Wraps Up

EghtesadOnline: The 29th edition of the Islamic Banking Conference came to a close with the release of an official statement on Sunday.
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Publish Date: 03/September/2018 | 07:41

Medicinal Plants Expo Scheduled for November

EghtesadOnline: The Fourth Festival and Exhibition of Medicinal Plants is scheduled to be held at Imam Khomeini Grand Mosalla from Nov. 12-15.
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Publish Date: 03/September/2018 | 07:35

Permits for New Industrial Units Up 24 Percent

EghtesadOnline: The Ministry of Industries, Mining and Trade issued 6,696 permits for the establishment of new industrial units during the first four months of the current fiscal year (March 21-July 22), registering an increase of 24% compared with last year’s corresponding period.
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Publish Date: 03/September/2018 | 07:34

Iran's First Int'l Gas Show Opens

EghtesadOnline: The First Iran International Gas Show (IRGS 2018) opened on Saturday at Tehran's Shahr-e-Aftab International Exhibition Complex. The four-day event, with a focus on "domestic capabilities, technology indigenization and the future of gas industry", is hosting 70 local and foreign firms, covering the whole value chain of natural gas sector, the website of IRGS reported.
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Publish Date: 02/September/2018 | 08:14

Renewed Call for Using Domestic Gas Capacity

EghtesadOnline: The equipment needed in South Pars Phase 11 offshore venture, which is expected to be developed by China National Petroleum Corp and Iran’s state-owned firm Petropars, will cost $2.8 billion, chairman of the board of directors of Iranian Petroleum Industries Equipment Manufacturers Association said. "As per the deal, contractors are obliged to meet 51% of their requirements from domestic manufacturers before relying on foreign suppliers," Reza Padidar was also quoted as saying by ILNA on Saturday.
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Publish Date: 02/September/2018 | 08:13

Fars Solar Power Plant Linked to National Grid

EghtesadOnline: A 10-megawatt solar power plant was launched in Kharameh County, Fars Province, on Friday by a domestic firm, marking the southern province's first-ever solar venture.
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Publish Date: 02/September/2018 | 08:02

What to Expect From Tehran Auto Show 2018

EghtesadOnline: While the Iranian automotive sector is facing various headwinds, authorities are moving ahead with plans to hold a new round of Tehran International Auto Show in November, when the annual event is customarily held.
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Publish Date: 02/September/2018 | 07:52

SAIC Motor Operations Take Off in Iran

EghtesadOnline: Despite the reinstatement of US sanctions against Iran's key automotive industry, a joint venture between China's SAIC Motor and Farda Automobile Manufacturing Co (FAM Co) has started operation in Semnan with the inauguration of a production line for the SUV model MG RX5.
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Publish Date: 02/September/2018 | 07:51

Plan to Launch Direct Flights to Tatarstan

EghtesadOnline: Tatarstan and Iran’s ATA Airlines plan to launch direct flights between Tehran and Kazan, which will significantly increase the tourist flow between Iran and Tatarstan, Chairman of the State Committee for Tourism of Tatarstan Sergey Ivanov said.
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Publish Date: 02/September/2018 | 05:12