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Car Prices Almost Double: SAIPA Joins Price Race

EghtesadOnline: After carmaker Iran Khodro jacked up prices twice over the past few weeks, its archrival SAIPA apparently did not waste precious time! The second biggest carmaker raised the price of three models from 24 to 80% over the weekend.
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Publish Date: 30/December/2018 | 11:09

China-Iran Ties Poised to Prosper

EghtesadOnline: Iran is keen to forge closer ties with China as a rising economic power, Foreign Minister Mohammed Javad Zarif said, while urging the East Asian country to resist US bullying and unilateralism.
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Publish Date: 30/December/2018 | 11:03

Tehran Currency Market Becomes More Stable

EghtesadOnline: After unexpected gains in currency rates over the past week, the market returned to stability on Thursday. On the last trading day of the Iranian week, the US dollar dropped below the psychological resistance level of 110,000 rials after having approached 120,000 rials a day earlier.
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Publish Date: 29/December/2018 | 10:44

Iran ICT Ministry Glum About Proposed 2019-20 Budget

EghtesadOnline: The ICT Ministry and affiliated companies will get 37.6 trillion rials ($342 million) next year according to the 2019-20 budget bill submitted to the Majlis on Tuesday by President Hassan Rouhani.
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Publish Date: 29/December/2018 | 10:42

Iran H1 GDP Growth at 0.4% (Mar-Sep 2018)

EghtesadOnline: Iran's gross domestic product hit 3,738 trillion rials ($33.38 billion at the exchange rate of 112,000 rials per dollar) during the first half of the current fiscal year (March 21-Sept. 22) to register a 0.4% growth compared with last year's corresponding period, the Statistical Center of Iran's latest report shows.
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Publish Date: 29/December/2018 | 10:28

Iran's First Tourism Startup Accelerator Launched

EghtesadOnline: A tourism startup accelerator was launched on Tuesday by Iran’s Research Institute of Cultural Heritage and Tourism (RICHT) in cooperation with Allameh Tabataba'i University to support companies active in the gradually growing sector.
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Publish Date: 29/December/2018 | 10:26

Tehran Housing Recession Deepens as Prices Rise

EghtesadOnline: Home prices in Tehran increased and property deals declined in the ninth month of the current Iranian year, Azar (ended Dec. 21), the Central Bank of Iran said.
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Publish Date: 29/December/2018 | 10:22

Iran, Iraq Sign Agreement to Boost Energy Ties

EghtesadOnline: Iran and Iraq signed a memorandum of understanding for boosting energy collaboration and renovating Iraq’s power infrastructure.
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Publish Date: 29/December/2018 | 10:20

Russia to Host Trilateral Summit Early 2019

EghtesadOnline: Moscow will early next year host the leaders of Russia, Iran and Turkey for discussions on the Syrian conflict, Russia’s deputy foreign minister said on Friday, after the United States announced it was withdrawing troops from the country.
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Publish Date: 29/December/2018 | 10:16

Saffron Farming in Northeast Iran Designated as GIAHS

EghtesadOnline: The qanat-based saffron farming system in Iran's northeastern Khorasan Razavi Province’s Gonabad County has been formally designated as a Globally Important Agricultural Heritage System.
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Publish Date: 25/December/2018 | 11:08

Iran Agrifood Exports Up 7.9%, Imports Fall 4.5 Percent

EghtesadOnline: Iran exported 4.58 million tons of agricultural and food products worth $4.57 billion during the first eight months of the current Iranian year (March 21-Nov. 21) to register a 7.9% growth in value compared with last year's corresponding period.
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Publish Date: 25/December/2018 | 10:58

Iran-Turkey Trade Tops $8 Billion in 10 Months

EghtesadOnline: Iran’s bilateral trade with neighboring Turkey totaled $8.25 billion in the first 10 months of 2018 to register a decrease of 10.31% compared with last year’s corresponding period, according to Turkish Statistical Institute.
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Publish Date: 25/December/2018 | 10:50

Rouhani to Submit Budget Bill to Parliament Today

EghtesadOnline: President Hassan Rouhani is scheduled to submit the budget bill for the next fiscal (March 2019-20) to the Iranian Parliament on Tuesday.
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Publish Date: 25/December/2018 | 10:47

Tehran Hosts Iran National Technomart

EghtesadOnline: Tehran will host the 19th technology exhibition Iran National Technomart at the international fairgrounds as of Monday. The event will continue until December 26.
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Publish Date: 24/December/2018 | 15:44

Iran: Steel Prices Down Amid Decline in Exports

EghtesadOnline: Steel prices have witnessed a 30% decline compared with last month, the deputy head of Iranian Steel Producers Association said.
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Publish Date: 24/December/2018 | 15:42

Iran's CPI Inflation Hits 37.4% YOY

EghtesadOnline: The goods and services Consumer Price Index registered a year-on-year increase of 37.4% in the Iranian month Azar (Nov. 22-Dec. 21) compared with the similar month of last year, the Statistical Center of Iran's latest report shows.
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Publish Date: 24/December/2018 | 15:33

Leader Urges Police Forces to Keep Improving

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei on Sunday called on the country’s law enforcement forces to strive for continued progress and carry out their duties in an effective and appropriate manner so as to win greater public trust.
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Publish Date: 24/December/2018 | 15:30

Iran Says US Sanctions Can Hurt American Tech Companies

EghtesadOnline: Citing the new US sanctions against Tehran, workplace chat app Slack banned Iranian users on Wednesday. A deputy director of Iran IT Organization told the Financial Tribune that such unprofessional moves plus the unending hostility will likely compel users across continents to think twice before subscribing to American companies involved in and living off such business.
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Publish Date: 24/December/2018 | 15:26