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Iran’s Gini Index Sees 2.08% Growth

EghtesadOnline: Iran’s Gini index was at 0.3981 in the last fiscal year (March 2017-18), indicating a 2.08% rise compared with the year before (March 2016-17), Fars News Agency cited a report by Plan and Budget Organization as saying.
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Publish Date: 07/January/2019 | 10:04

Zarif to Visit Iraqi Kurdistan Region

EghtesadOnline: Iran’s foreign minister will visit the Kurdistan Region during a trip to Iraq that is aimed at boosting economic ties, a diplomat announced.
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Publish Date: 07/January/2019 | 10:01

1000 MW Solar Farm Planned in Saveh

EghtesadOnline: The largest solar farm, with a capacity to produce 1,000 megawatts of electricity, will be constructed in Markazi Province in central Iran, deputy governor for economic affairs said in the provincial capital Arak at the weekend.
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Publish Date: 07/January/2019 | 09:58

2 Iran-Made Satellites Pass Initial Tests

EghtesadOnline: Two Iran-made satellites have passed pre-launch tests and are ready for launch. The satellites 'Dousti' and 'Payam' (respectively friendship and message in Persian), are to be used to assist water, agriculture and environment management, YJC reported.
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Publish Date: 07/January/2019 | 09:57

Iran: Idea of Lopping Off Zeroes From Rial Reemerges

EghtesadOnline: Governor of the Central Bank of Iran Abdolnaser Hemmati said Sunday the regulator has proposed to the government lopping off four zeros from the rial.
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Publish Date: 07/January/2019 | 09:47

TEDPIX Snaps Winning Streak

EghtesadOnline: Tehran Stock Exchange broke a six-day winning streak as investors shifted their attention away from commodity stocks. The market's main index was able to grow by 2.5% during the past six sessions and pare some of the past heavy losses.
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Publish Date: 14/January/2019 | 24:44

Iran 9-Month Auto Production Report (Dec 2018)

EghtesadOnline: During the nine months to Dec. 21, 2018 Iran’s auto production plunged to 763,519 cars and commercial vehicles -- a 31% year-on-year drop.
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Publish Date: 06/January/2019 | 13:18

CBI Surveys Changes in Iran Export Price Index (Nov 2018)

EghtesadOnline: The Export Price Index in Iran stood at 938.7 for the eighth month of the current fiscal year (Oct. 23-Nov. 21, 2018), registering a 5.9% decrease compared with the preceding month, and a 240.2% rise compared with the similar month of 2017, the Central Bank of Iran’s latest data show.
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Publish Date: 06/January/2019 | 13:17

Iran Insurance Sector to Grow 15% in 5 Years

EghtesadOnline: Fitch, the global ratings agency has predicted that Iran's insurance sector will record an average of 15% growth a year in the next five years, as the partial easing of sanctions against the market in early 2016 helped it grow.
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Publish Date: 06/January/2019 | 13:15

Deputy FM Meets Afghan President

EghtesadOnline: Deputy Foreign Minister Abbas Araqchi met Afghan President Ashraf Ghani on Saturday during a visit to Kabul to hold talks on issues of mutual concern.
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Publish Date: 06/January/2019 | 13:12

Iran Hosts 5.2 Million Foreign Tourists in 9 Months to Dec. 2018

EghtesadOnline: About 5.2 million tourists traveled to Iran during the first eight months of the current Iranian year (March 21-Nov. 21) to register a 57% growth compared with last year's corresponding period, the head of Iran's Cultural Heritage, Handcrafts and Tourism Organization said.
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Publish Date: 06/January/2019 | 13:10

Zarif to Go on Regional Tour for Reinforcing Relations

EghtesadOnline: Foreign Minister Mohammed Javad Zarif is to set off on a tour of regional countries in the coming days to help enhance cooperation and strengthen business, economic and political ties.
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Publish Date: 06/January/2019 | 13:07

Iran ICT Minister Says Instagram Ban Will Not Help

EghtesadOnline: After a deputy attorney general said recently that Instagram should, and will be banned in Iran, the ICT Minister Mohammad Javad Azari Jahromi made known that that would not help.
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Publish Date: 05/January/2019 | 15:21

$2.8b Proposed for Bond Repayment in Iran's Next Budget

EghtesadOnline: Proposed funding in the next year budget plan for the principal amount and interest on bonds issued the by government in the current fiscal (ends March 2019) is 304 trillion rials ($2.8 billion).
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Publish Date: 05/January/2019 | 15:17

Iran's Non-Oil Trade With ECO Members Tops $8 Billion in 9 Months

EghtesadOnline: Iran traded 15.77 million tons of non-oil commodities worth $8.19 billion with member states of Economic Cooperation Organization in the first nine months of the current fiscal year (March 21-Dec. 21) to register a 18.88% and 2.17% rise in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 05/January/2019 | 15:15

Iran-India: Talks Over Farzad B Gas Field Project Lack Momentum

EghtesadOnline: Talks to develop Farzad B gas field in the Persian Gulf are underway between Iran and India, but no decision has yet been taken, India’s outgoing ambassador to Tehran Saurabh Kumar said Wednesday.
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Publish Date: 05/January/2019 | 15:12

Iran Health Minister Quits Over Budget Cuts

EghtesadOnline: President Hassan Rouhani finally accepted Hassan Qazizadeh Hashemi’s resignation as health minister on Thursday, after a week of media speculation on the reasons behind the outgoing official’s move, and named Saeed Namaki as the ministry’s caretaker.
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Publish Date: 05/January/2019 | 15:11

EU Galvanized to Defend Sovereignty Against US

EghtesadOnline: Reaffirming a stance earlier adopted by top European officials, EU’s high representative for foreign affairs and security policy, Federica Mogherini, says the case of US sanctions against Iran has galvanized the European bloc to defend its sovereignty.
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Publish Date: 05/January/2019 | 15:08