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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

UniCredit Near $900m Deal With US Over Iran Sanctions

EghtesadOnline: UniCredit SpA is nearing an agreement with US authorities over allegations that the bank provided dollar-clearing services to Iranian clients in violation of US sanctions, people with the knowledge of the matter said.
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Publish Date: 06/April/2019 | 14:53

Iran Floods Cause Half a Billion Dollar Damage to Agriculture, Roads

EghtesadOnline: Heavy raining and floods sweeping across much of Iranian provinces during Nowruz holidays are estimated to have caused about $470 million to the country’s agriculture and roads infrastructures ($350 million and around $120 million respectively).
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Publish Date: 06/April/2019 | 14:50

Rise in Electricity and Water Tariffs in Iran

EghtesadOnline: A proposal by the Energy Ministry to raise water and electricity tariffs by 7% was ratified by the Cabinet. The new rates will go into effect on April 21, Barq News reported.
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Publish Date: 06/April/2019 | 14:44

Iran’s ‘Flipping Filip’ Wins IMGA Award

EghtesadOnline: Iranian mobile game Flipping Filip, shortlisted for the 15th International Mobile Gaming Awards (IMGA Global), has earned the "Jury's Honorable Mention" award.
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Publish Date: 06/April/2019 | 14:42

Call for Boosting Production in New Year

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the new Iranian year, which began on March 21, the year of "Boosting Production" to help shore up Iran's sanctions-hit economy without reliance on other countries.
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Publish Date: 06/April/2019 | 14:39

Classic Car Rallies in Tehran and Alborz

EghtesadOnline: A daylong rally of vintage cars was held in Tehran and Alborz provinces on Sunday by the Touring and Automobile Club of Iran.
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Publish Date: 19/March/2019 | 24:20

Call for Broadening European Use of INSTEX

EghtesadOnline: Iran’s trade with the European Union through the special purpose vehicle, which is aimed at bypassing American sanctions, should not be restricted to the three founders of the mechanism and must be expanded to all EU states, a lawmaker said.
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Publish Date: 19/March/2019 | 24:18