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UNICEF to Invest in Tech Startups

EghtesadOnline: The UNICEF Innovation Fund is set to make up to $100,000 equity-free investments in early stage (seed) technology startups that have the potential to benefit humanity.
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Publish Date: 20/February/2019 | 13:20

Iran Parliament Allows Gov’t to Borrow $30b Overseas

EghtesadOnline: While debating the March 2019-20 budget bill on Monday, lawmakers allowed the government to borrow $30 billion in foreign finance in the next fiscal (March 2019-20).
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Publish Date: 19/February/2019 | 11:49

Currency Rates Climb in Tehran Market

EghtesadOnline: The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March.
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Publish Date: 19/February/2019 | 11:43

35,000 Barrels of Crude Oil Sold on IRENEX

EghtesadOnline: The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (350,000 barrels) out of the one million offer sold on the stock market.
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Publish Date: 19/February/2019 | 11:38

Iran: Third Phase of Major Refinery Opens in Bandar Abbas

EghtesadOnline: Third phase of the Persian Gulf Star Refinery in Bandar Abbas, Hormozgan Province, was launched Monday in the presence of President Hassan Rouhani and Oil Minister Bijan Namdar Zanganeh.
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Publish Date: 19/February/2019 | 11:36

Iran Petrochem Industry Profit Margins High

EghtesadOnline: Expansion of the petrochemical sector has continued as planned and $24 billion has been invested in development projects since 2014, National Petrochemical Company's deputy for investment said.
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Publish Date: 19/February/2019 | 11:34

Iran's Trade With Australia Grows 26%

EghtesadOnline: Iran traded 89,066 tons of non-oil commodities worth $148.22 million with Australia during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering an 86.46% and 26.02% growth in tonnage and value respectively compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 19/February/2019 | 11:29

Iran Parliament Approves 2m Barrels Oil Offer via IRENEX

EghtesadOnline: Lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran Energy Exchange.
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Publish Date: 18/February/2019 | 14:12

5th Agro IPO on IFB Since March 2018

EghtesadOnline: The initial public offering of FKA Agriculture & Animal Husbandry Company (FKA) has been completed on Iran Fara Bourse Second Market with each share of FKA priced at 8,300 rials.
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Publish Date: 18/February/2019 | 14:09

Online Tracking System for School Transport in Iran

EghtesadOnline: Researchers at Sharif University of Technology in Tehran have developed an online monitoring system that lets parents and school management monitor school transport service.
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Publish Date: 18/February/2019 | 14:05

Iran: 'Comprehensive Taxation Plan' Tipped as Turning Point

EghtesadOnline: Iran is taking the final steps in its transition to a modern, streamlined system of taxation. By implementing the electronic execution of taxation procedures, the "Comprehensive Taxation Plan" aims to help widen the tax base, identify potential taxpayers and minimize tax evasion.
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Publish Date: 18/February/2019 | 13:59

Zarif: Europe Needs to Step Up Efforts to Save Nuclear Deal

EghtesadOnline: Foreign Minister Mohammed Javad Zarif said on Sunday that the newly established mechanism for trade with Iran has fallen short and urged Europe to show more determination to salvage the 2015 nuclear deal following the US exit.
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Publish Date: 18/February/2019 | 13:51

Iran's Non-Oil Trade With Turkey Nears $3.7b

EghtesadOnline: Iran traded 6.93 million tons of non-oil commodities worth $3.69 billion with Turkey during the first nine months of the current fiscal year (March 21-Dec. 21), to register a 29.91% growth in tonnage and 6.63% decline in value compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 18/February/2019 | 13:46

Iran, India Eager to Begin Anti-Terror Cooperation

EghtesadOnline: Iran and India, which have both suffered deadly militant attacks in the past week, agreed on Saturday to cooperate in combating terrorism in the region.
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Publish Date: 18/February/2019 | 13:39

Iran Starts Gasoline Export

EghtesadOnline: The National Iranian Oil Refining and Distribution Company has started exporting gasoline to international markets, CEO of the company said.
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Publish Date: 18/February/2019 | 13:37