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Bank Maskan Monthly Loans Up 7%

EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, granted more than 60,000 loans worth 27,540 billion rials ($230.46 million) in the last Iranian month (June 22-July 22), indicating an increase of 7% in the value of facilities compared with the same period of last year.
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Publish Date: 10/August/2019 | 24:42

Iranian Steel Sales Nearly Double to $4b

EghtesadOnline: Major Iranian steelmakers sold a total of 477.82 trillion rials ($4 billion) worth of products during the first four Iranian months (March 21-July 22) to register a year-on-year increase of 93%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date: 10/August/2019 | 24:40

Iranian Schools to Go Electronic

EghtesadOnline: In order to expedite the processing of applications, increase transparency and curb paper use, Iranian schools are to record the documents of all primary school students electronically.
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Publish Date: 10/August/2019 | 24:37

Cost of Money Declines 1.5% in Iran

EghtesadOnline: The cost of money has declined up to 1.5% following a government decision to scrap the overnight interest rate policy on deposits in January, head of the Association of Private Banks and Credit Institutions said.
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Publish Date: 10/August/2019 | 24:35

5 Top-Notch Boutique Hotels in Iran

EghtesadOnline: With its history dating back 7,000 years, Iran is home to a large number of spectacular mansions and buildings. To restore the majestic structures and by extension contribute to the economy, tourism authorities have initiated a plan to cede the buildings to private owners so long as they are repurposed into traditional hotels, restaurants and lodges.
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Publish Date: 07/August/2019 | 24:49

Librarianship Innovation Center Planned in Iran

EghtesadOnline: The National Library and Archives of Iran has entered into an agreement with the Vice Presidential Office for Science and Technology to establish an innovation and technology center in library science, digital documents and content.
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Publish Date: 07/August/2019 | 24:46

UK: No Policy Shift on Iran Despite Joining US Hormuz Mission

EghtesadOnline: Britain on Monday joined the United States in a maritime security mission in the Persian Gulf to purportedly protect merchant vessels travelling through the Strait of Hormuz after Iran seized a British-flagged vessel.
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Publish Date: 07/August/2019 | 24:42

Power Growth Rate Slows in Agro Sector

EghtesadOnline: Despite the fact that electricity consumption growth shot up by 2.5% in 2018 compared to the year earlier, it fell by 2.6% in comparison with the average of the last ten years.
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Publish Date: 07/August/2019 | 24:38

Iran's Industrial Landscape Evolving

EghtesadOnline: Approximately 392 trillion rials ($3.28 billion) worth of investments are planned in industrial units for which establishment permits have been issued.
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Publish Date: 07/August/2019 | 24:35

Iran Fara Bourse to Host Four IPOs

EghtesadOnline: The initial public offering of four companies is in the offing in the Iran Fara Bourse, the junior stock market, said the IFB deputy for market affaiars.
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Publish Date: 07/August/2019 | 24:34

Big Boost for South Pars Infrastructure

EghtesadOnline: To boost production in the giant South Pars Gas Field in the Persian Gulf, stability of the gas grid will be raised by the end of this fiscal year in March 2020), managing director of the National Iranian Gas Company said.
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Publish Date: 07/August/2019 | 24:32

Weekly Shipping Service Between Chabahar and Ports in India

EghtesadOnline: Shipping services between Chabahar’s Shahid Beheshti Port and Indian ports are available on a weekly basis, Behrouz Aqaee, director general of the Ports and Maritime Organization of Sistan- Baluchestan Province said on Tuesday.
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Publish Date: 07/August/2019 | 24:30

A Shot in the Arm for Tabriz Tech

EghtesadOnline: Tabriz will soon host a digital economy park as part of efforts to boost technological development, spread awareness, disseminate information and help curb the country’s reliance on highly vulnerable oil export revenue.
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Publish Date: 07/August/2019 | 24:25

Iran: Steel Import, Export Down as Production, Consumption Rise

EghtesadOnline: An estimated 2.2 million tons of finished and semi-finished steel products were exported from Iran in the first three months (March 21-June 20) of the current fiscal year, showing 12.2% year-on-year decrease, according to a report released by the Iranian Steel Producers Association.
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Publish Date: 07/August/2019 | 24:23

Hemmati Supports Toman Against Rial

EghtesadOnline: Governor of the Central Bank of Iran says lopping off four zeros from the national currency will not impose additional costs on the government regarding printing banknotes.
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Publish Date: 07/August/2019 | 24:21

Crypto Mining Rules Expounded

EghtesadOnline: The government says it recognizes mining of cryptocurrencies as an industrial undertaking and sent a directive to the relevant government bodies at the weekend.
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Publish Date: 07/August/2019 | 24:18