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Iran Steel Exports Dip 4%, Imports Decline 53%

EghtesadOnline: A total of 7.09 million tons of finished and semi-finished steel products were exported from Iran during the 11 months to Feb. 19 to register a 4.33% year-on-year decrease, the Iranian Steel Producers Association's latest report showed.
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Publish Date: 08/April/2019 | 15:16

Hemmati Outlines Iran-Iraq Financial Agreements

EghtesadOnline: Governor of the Central Bank of Iran says Iraq has paid a large part of its debt to Iran. The debts are mainly related to Iranian gas and electricity export to the neighboring country.
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Publish Date: 08/April/2019 | 15:13

Floods Ravage Iran Telecom Infrastructure

EghtesadOnline: Communication infrastructure sustained nearly 15 trillion rials ($113 million) in damages from the floods sweeping across much of Iranian provinces during and after the Norouz holidays.
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Publish Date: 08/April/2019 | 15:11

Iran Airport Traffic Down 13%

EghtesadOnline: Iran Airports Company registered 34,178 takeoffs and landings during the 11th month of the last Iranian year (Jan. 21-Feb. 19, 2019), which shows a 13% decline compared with the similar period of last year.
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Publish Date: 08/April/2019 | 15:09

Iran-Iraq Joint Oilfields Spared From Floodwaters

EghtesadOnline: Flooding during the past three weeks in the west and southwest of the country has not disrupted crude oil production in joint oilfields with Iraq, managing director of Petroleum Engineering and Development Company said Saturday.
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Publish Date: 08/April/2019 | 15:07

US Cannot Completely Cut Off Iran Oil Exports

EghtesadOnline: The US is overwhelmingly likely to fail in its attempt to completely halt Iran's oil exports, analysts told CNBC, with President Donald Trump eager to avoid rising gasoline prices ahead of presidential elections next year.
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Publish Date: 08/April/2019 | 15:02

Tehran Stocks Continue Rally

EghtesadOnline: After recording an 86% return on investment during the previous financial year (ended March 20) for its main index TEDPIX, the Tehran Stock Exchange continues to grow in the Persian New Year.
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Publish Date: 08/April/2019 | 14:56

Larijani Urges Closer Int’l Parliamentary Coop.

EghtesadOnline: Parliament Speaker Ali Larijani has called for closer cooperation between parliaments to cope with the challenges of an increasingly interlinked world.
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Publish Date: 08/April/2019 | 14:53

Iran Inflation: Consumer Prices Rise 26.9% in Fiscal 2018-19

EghtesadOnline: The goods and services Consumer Price Index in the 12-month period ending March 20, which marks the end of last Iranian year, increased by 26.9% compared with last year’s corresponding period, the Statistical Center of Iran reported.
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Publish Date: 06/April/2019 | 15:12

New Astan Quds Custodian Appointed

EghtesadOnline: In a decree on Thursday, Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei appointed Hojjatoleslam Sheikh Ahmad Marvi as the new custodian of Astan Quds Razavi, a charitable organization that manages economic enterprises endowed to the holy shrine of Imam Reza (PBUH), the eighth Shia Imam.
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Publish Date: 06/April/2019 | 15:08

Iran Awaiting India’s Decision on Farzad B Gas Field

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said on Saturday negotiations are underway with an Indian consortium led by ONGC Videsh Ltd, the foreign investment arm of India’s Oil and Natural Gas Corp. to expand Farzad B Gas Field in the Persian Gulf.
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Publish Date: 06/April/2019 | 15:06

Hemmati Sees Positive Side of Things

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati says by implementing the tenets of the Resistance Economy in the new fiscal year (started March 21), the country can reduce the negative impact of unilateral US sanctions on the economy.
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Publish Date: 06/April/2019 | 15:03

IME Trading Shows 52% Growth in Last Fiscal

EghtesadOnline: The total value of Iran Mercantile Exchange trading in the previous fiscal (March 2018-19) rose 52% compared to the earlier year to reach 1,786 trillion rials ($13.5 billion).
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Publish Date: 06/April/2019 | 15:01

Torrential Rains Fill 70% of Iran Dams

EghtesadOnline: Unprecedented rainfall in the past three weeks across the country has raised water levels in dams and 70% of the dams are now full, the energy minister said.
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Publish Date: 06/April/2019 | 14:57

Iran Installed Power Capacity to Reach 85 GW

EghtesadOnline: Installed power generation capacity will reach 85,000 megawatts by the end of the current fiscal (started March 21), head of Thermal Power Plants Holding Company said.
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Publish Date: 06/April/2019 | 14:56

Iran's Mineral Trade Surplus Tops $5b

EghtesadOnline: Iran's trade in mineral products recorded a surplus of $5.05 billion during the 11 months to Feb. 19.
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Publish Date: 06/April/2019 | 14:54