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Tehran Municipality Subsidizing e-Bikes

EghtesadOnline: As part of efforts to curb air pollution and promote electric motorcycles, Tehran Municipality is offering an incentive to e-bike buyers worth 25 million rials ($208).
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Publish Date: 29/January/2019 | 15:14

Iran's Food Price Inflation Surveyed

EghtesadOnline: The Iranian month of Dey (Dec. 22, 2018-Jan. 20) saw chicken price rise by 15.6% compared with the month before—the highest month-on-month price hike among food items.
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Publish Date: 29/January/2019 | 15:11

Tehran, Damascus to Bolster Economic, Investment Coop.

EghtesadOnline: Syrian Prime Minister Imad Khamis on Sunday discussed with Iranian Roads Minister Mohammad Eslami and an accompanying delegation ways of boosting economic and investment cooperation between Syria and Iran.
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Publish Date: 29/January/2019 | 15:09

Iran's Non-Oil Trade With Africa Hits $600m

EghtesadOnline: Iran traded 1.7 million tons of non-oil commodities worth $607.28 million with the member states of United Nations’ African Group during the first nine months of the current fiscal year (March 21-Dec. 21) to register a 14.27% and 18.38% fall in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 29/January/2019 | 15:07

Iran's Electricity PPI Increases 6.6% YOY in Q3

EghtesadOnline: The overall Producer Price Index of electricity sector (using 2011 as the base year) stood at 120.52 in the third quarter of the current fiscal (Sept. 23-Dec. 21), indicating a 6.64% growth over the same quarter of the last year.
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Publish Date: 29/January/2019 | 15:02

4th Round of Oil Sale on IRENEX Next Week

EghtesadOnline: The Iranian National Oil Company announced in a notice on Monday that the fourth round of crude oil sale will be launched on Iran Energy Exchange on February 4.
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Publish Date: 29/January/2019 | 15:00

MPs Convinced by Zarif’s Answers on Diplomatic Efforts

EghtesadOnline: Foreign Minister Mohammad Javad Zarif managed to convince lawmakers on Monday that his ministry is effectively fulfilling its responsibilities in the area of foreign diplomacy to help overcome challenges confronting the country.
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Publish Date: 29/January/2019 | 14:55

Iran Oil Swap Deals Await Renewal

EghtesadOnline: Crude oil and petroleum products’ swap deals have expired and are not extended yet, managing director of the Iranian Oil Pipeline and Telecommunications Company Abbas-Ali Jafari-Nasab said.
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Publish Date: 29/January/2019 | 14:52

Deputy FM Starts European Tour

EghtesadOnline: Deputy Foreign Minister for Political Affairs Abbas Araqchi on Monday set off on a tour of European countries, which will take him to Austria, Slovakia and Bulgaria.
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Publish Date: 29/January/2019 | 14:45

Iranian Banks Need to Boost Capital: MRC

EghtesadOnline: The Majlis Research Center has called on the government and monetary regulators to boost the capital buffers of banks to help them cope with recession that observers predict will afflict the economy.
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Publish Date: 28/January/2019 | 15:28

Majlis Will Not Tax CBI

EghtesadOnline: Lawmakers on Monday put on hold a decision to tax the foreign exchange revenues of the Central Bank of Iran after the CBI governor asked them to rethink the move.
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Publish Date: 28/January/2019 | 15:02

Iran, Turkey Endeavor to Walk the Mineral Talk

EghtesadOnline: Iran-Turkey Mineral Cooperation Commission has been formed for introducing Iran’s mineral reserves and products to the Turkish side and explore third party countries they can jointly target.
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Publish Date: 28/January/2019 | 14:59

Samsung Revises Smartphone Warranty Terms in Iran

EghtesadOnline: To help uphold consumer rights and some prodding from the Iran Information Technology Organization, Samsung has revised its smartphone warranty conditions.
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Publish Date: 28/January/2019 | 14:55

Iranian Firm to Help Build Dam in Tanzania

EghtesadOnline: An engineering consulting company in Iran won an international tender to help construct a dam and a hydroelectric power plant in Tanzania.
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Publish Date: 28/January/2019 | 13:56

Progress on EU’s Trade Vehicle Can Keep Mutual Trust Alive

EghtesadOnline: Iran’s nuclear chief says progress in efforts by the European Union to facilitate trade with the country despite US sanctions would be an “encouraging” sign that can help keep the trust between Tehran and Europe alive.
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Publish Date: 28/January/2019 | 13:51

Exports via Iran's Amirabad Port Exceed 40%

EghtesadOnline: Close to 485,000 tons of commodities worth more than $26.18 million have been exported from Amirabad Port Customs Office in the northern Mazandaran Province to Caspian Sea littoral states since the beginning of the current Iranian year (March 21, 2018), to register a 42% and 43% rise in weight and value respectively compared with the similar period of last year.
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Publish Date: 27/January/2019 | 14:38

Capital Market Financing at $8.7b in Last Fiscal

EghtesadOnline: According to a report released by the Tehran Chamber of Commerce, Industries, Mines, and Agriculture, in the previous fiscal (March 2017-18), contribution of the capital market to the supply of finance reached 1,000 trillion rials ($8.7 billion).
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Publish Date: 27/January/2019 | 14:37

Iran's Non-Oil Trade With Eastern Europe Rises to $2.2 Billion

EghtesadOnline: Iran traded 3.6 million tons of non-oil commodities worth $2.23 billion with the member states of the United Nations’ Eastern European Group during the first nine months of the current fiscal year (March 21-Dec. 21) to register a 29.69% and 33.04% growth in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 27/January/2019 | 14:35