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Iranian Airports Feel the Heat

EghtesadOnline: Iran Airports Company logged 360,754 takeoffs and landings during the first ten months of the current fiscal that ends in March, down 14% compared to the same period last year.
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Publish Date: 16/February/2019 | 11:39

Progress in Financing Wheat Deal With Russia, Kazakhstan

EghtesadOnline: Iran, Russia and Kazakhstan are making progress on financing a long-delayed wheat deal that could double or triple export to Iran, the secretary general of Iran’s Federation of Food Industry Associations said.
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Publish Date: 16/February/2019 | 11:37

Erdogan: Turkey Ready to Launch Own SPV for Iran

EghtesadOnline: Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions.
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Publish Date: 16/February/2019 | 11:32

TEDPIX Up 63% Y/Y

EghtesadOnline: Tehran Stock Exchange’s main index, TEDPIX, climbed from 95,509 points at the end of the third quarter of the previous fiscal (2017-18) to 156,083 points by the Dec. 21, 2018 -- up 63.4% annually.
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Publish Date: 13/February/2019 | 14:18

Iran Steel Heavyweights See 19% Decline in Exports

EghtesadOnline: Major Iranian steelmakers exported a total of 4.71 million tons of semi-finished and finished steel products during the 10 months to Jan. 20 to register a year-on-year decline of 19%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date: 13/February/2019 | 14:16

Gov't Think Tank Sounds Alarm on Iran Industrial Growth

EghtesadOnline: The Institute for Trade Studies and Research, the research arm of the Ministry of Industries, Mining and Trade, has conducted a study of the industrial sector role in the economy over the span of five-year economic development plans after the 1979 Islamic Revolution.
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Publish Date: 13/February/2019 | 14:12

Iran's Foreign Debt Drops to $10.03 Billion

EghtesadOnline: According to central bank data, Iran’s foreign debt was $10.03 billion by the end of first nine months of the current fiscal on December 21.
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Publish Date: 13/February/2019 | 14:08

Iran, Japan Parliamentarians Meet in Tokyo

EghtesadOnline: Senior Iranian and Japanese parliamentarians called for closer bilateral relations in economic, political and cultural areas during a meeting in Tokyo on Tuesday, as the two countries are celebrating 90 years of diplomatic relations.
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Publish Date: 13/February/2019 | 14:07

Iran's LPG Exports Back on Track

EghtesadOnline: Iran's liquefied petroleum gas shipments, which hit a trough in December at 101,000 tons, increased four-fold in January.
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Publish Date: 13/February/2019 | 13:53

Iran Budget Deficit Grows 17% YOY to Hit $3.8b

EghtesadOnline: Iran’s budget deficit came in bigger than expected in the first nine months of the current fiscal year (March 21-Dec. 21, 2018) to hit 451.1 trillion rials ($3.8 billion), latest data released by the Central Bank of Iran show.
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Publish Date: 12/February/2019 | 13:27

Central Bank of Iran Focus on Stability of Forex Rates

EghtesadOnline: Governor of the Central Bank of Iran says besides the importance for the national currency to regain more of its value, the CBI remains focused also on the stability of the rial.
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Publish Date: 12/February/2019 | 13:25

Iran Reports Higher Gasoline Production

EghtesadOnline: Gasoline inventories show a three-fold increase compared to last year, director of supply and distribution at the National Iranian Oil Products Distribution Company said Sunday.
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Publish Date: 12/February/2019 | 13:20

Zarif Offers Backing for New Lebanon Government

EghtesadOnline: Foreign Minister Mohammed Javad Zarif, who was in Beirut on Sunday and Monday, extended Iran's support for the newly-formed Lebanese government in talks with the country’s top officials.
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Publish Date: 12/February/2019 | 13:19

Iran Will Build Up Defense Despite US Objections

EghtesadOnline: President Hassan Rouhani said on Monday Iran will press on with its defense program with full force in defiance of hostile states that want to rein in its military power, vowing that the country will overcome all challenges through national unity.
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Publish Date: 12/February/2019 | 13:13

New Terms to Motivate Oil Traders in Iran Energy Exchange

EghtesadOnline: After the last two offers of crude oil on the Iran Energy Exchange (IRENEX) ending in vain, officials with the National Iranian Oil Company and capital market say they are determined to continue with the offers by sweetening the trading terms.
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Publish Date: 12/February/2019 | 13:11

Iran's Liquidity Climbs to $150 Billion

EghtesadOnline: A monthly report by the Central Bank of Iran released on Sunday, showed liquidity reached 17,645 trillion rials ($150.8 billion) in the Iranian month of Azar (Nov.22-Dec. 21), up 22.1% compared to the same month last year.
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Publish Date: 12/February/2019 | 13:08