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Iran's Expediency Council Approves Anti-Money Laundering Law

EghtesadOnline: The Expediency Council, a powerful body that resolves disputes between parliament and a watchdog body, the Guardian Council, on Saturday approved the amendment to Combating Money Laundering Law on the first meeting of the council chaired by its new head Ayatollah Sadeq Amoli Larijani.
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Publish Date: 05/January/2019 | 15:04

Rouhani Raises Hope for Job Creation

EghtesadOnline: President Hassan Rouhani on Wednesday struck an upbeat tone on the economy saying employment for the first time reached close to 24 million in the third quarter to November 22.
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Publish Date: 05/January/2019 | 15:01

Iran Parliament’s Think Tank: Forex Subsidy Policy Impractical

EghtesadOnline: The Majlis Research Center, the parliament’s research arm, has taken a dim view of the preferential forex rate policy of the government in the past months and warned about the perpetuation of failed tried and tested policies in the coming year as seen in the proposed 2019-20 budget bill.
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Publish Date: 02/January/2019 | 13:32

Pakistan Negotiating Extension of Power Import Deal With Iran

EghtesadOnline: Islamabad is willing to renew its electricity import deal with Tehran. Omar Ayub Khan, the water and power minister, made the statement on Tuesday in Islamabad in a meeting with Iran's ambassador, Mehdi Honardoust, IRNA reported.
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Publish Date: 02/January/2019 | 13:24

Iran: Shale Exploration Will Continue in Lorestan and Oman Sea

EghtesadOnline: The exploration arm of National Iranian Oil Company has been authorized by the Oil Ministry to start the second phase of studies on unconventional hydrocarbon basins, head of the R&D department said.
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Publish Date: 02/January/2019 | 13:22

Iran ITO Working to Protect Online Hospitality Startups: Interview

EghtesadOnline: Sixty Iranian online hospitality service providers received calls at the weekend from Iran Cultural Heritage, Handicrafts, and Tourism Organization (ICHHTO) warning them that if they do not discontinue listing non-hotel accommodations, their websites would be blocked. Since then the Information Technology Organization has taken measures to stop the ICHHTO.
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Publish Date: 02/January/2019 | 13:15

Next Tax Structure Eyes Car Owners: Iran Budget 2019-20

EghtesadOnline: In the coming fiscal that begins in March, the government expects to generate 99 trillion rials ($926 million) from taxes and duties on car production and imports along with auto-related services plus traffic and driving tickets.
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Publish Date: 01/January/2019 | 13:12

Energy Subsidies Must Go, But How

EghtesadOnline: Fossil fuel subsidies paid by the Iranian government are 21 times more than its direct subsidy payments, Parliament Speaker Ali Larijani said last week.
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Publish Date: 01/January/2019 | 24:55

Stock Rally Picks Up Pace in Tehran

EghtesadOnline: A rally in Iranian stocks picked up pace on Tuesday, following the lead of commodity shares as nine-monthly reports of refinery, petrochemical and metals companies was interpreted by investors as a sign of bolstering corporate activity.
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Publish Date: 09/January/2019 | 24:38

Tehran Stocks Close Higher

EghtesadOnline: Tehran Stock Exchange main index TEDPIX gained 95.52 points or 0.06% on Monday to end trading at 161,405.3.
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Publish Date: 01/January/2019 | 13:01

Any Civil Aviation Ban Would Violate Nuclear Deal

EghtesadOnline: Any restrictions by European countries on Iran’s civil aviation would be in violation of the 2015 nuclear deal signed between Tehran and major powers, a senior lawmaker said.
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Publish Date: 31/December/2018 | 15:34

Russia: No Grounds for New Anti-Iran UNSC Resolution

EghtesadOnline: The United States may attempt to impose additional restrictions on Iran through the United Nations Security Council, but there are no grounds for it, says Russia’s ambassador to the world body, Vassily Nebenzia.
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Publish Date: 31/December/2018 | 15:31

Rouhani Calls for Action to Consume Less Water

EghtesdaOnline: Water and electricity are indispensible parts of security in today's world and explains why pragmatic approaches to minimize waste must be given top priority.
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Publish Date: 31/December/2018 | 15:29

Expediency Council Chief Appointed

EghtesadOnline: In a decree on Sunday, Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei appointed Judiciary Chief Ayatollah Sadeq Amoli Larijani as chairman of Expediency Council and a member of Guardians Council.
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Publish Date: 31/December/2018 | 15:26

Tehran Stocks Start Week Strongly

EghtesadOnline: Refinery and chemical shares led a broad market rally Saturday, lifting TEDPIX and IFX to their second consecutive day of gains. Stocks began the day in positive territory and steadily climbed higher as investor sentiment was boosted after gains in global oil prices over the weekend.
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Publish Date: 30/December/2018 | 11:19

Iran: Industrial Investment Growing

EghtesadOnline: More than 1.46 trillion rials ($13.12 billion) worth of investments are estimated to have been made in the industrial units, for which establishment permits were issued in the first seven months of the current Iranian year (March 21-Oct. 22), the latest report released by the Ministry of Industries, Mining and Trade shows.
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Publish Date: 30/December/2018 | 11:15

Iran Parliament's Think Tank Forecasts Lower Crude Prices

EghtesadOnline: Forecasting the future of the oil market is crucial, especially for countries where oil export is the lifeblood of the economy and budgets are constructed, deconstructed and reconstructed depending on crude price and production.
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Publish Date: 30/December/2018 | 11:11