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Iran's Iron Ore Pellet Output Sees 36% Rise

EghtesadOnline: Iran’s iron ore pellet output reached 21.24 million tons over the seven months since the beginning of the current year (March 21), which indicates a 36% increase compared to the same period of last year, the Ministry of Industries, Mining and Trade reported.
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Publish Date: 03/December/2018 | 24:54

Iranian Carmakers Stand Accused of Hoarding, Insider Trading

EghtesadOnline: Following the strange and extended delays in delivery of thousands of vehicles presold by domestic carmakers, would-be buyers and sections of the print media are openly accusing the state-affiliated companies of hoarding, market manipulation, and insider trading.
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Publish Date: 03/December/2018 | 24:49

Iran PPI Inflation at 63.3% Year-on-Year

EghtesadOnline: An increase of 63.3% was registered in the Producer Price Index in the Iranian calendar month of Aban (Oct. 23-Nov. 21) compared with the similar month of last year, the latest report released by the Central Bank of Iran shows.
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Publish Date: 03/December/2018 | 24:46

Iranian Online Shop for Handicrafts

EghtesadOnline: A new online platform has been launched by a startup that connects handicraft makers and craftsmen with buyers.
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Publish Date: 03/December/2018 | 24:44

Iran's Liquidity Growth Descending

EghtesadOnline: Average liquidity growth dropped from 26.7% during 1988 to 2012 to 23.7 % between 2014-2018, said the deputy governor of the Central Bank of Iran.
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Publish Date: 03/December/2018 | 24:41

Iran: Nationwide Home Sales Grow Unlike in Tehran

EghtesadOnline: Unlike in Tehran, home sales in other Iranian provincial capitals have been up 3% in the eighth month of the current Iranian year, Aban (Oct. 23-Nov. 21), compared with the same month of the last year.
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Publish Date: 03/December/2018 | 24:38

Iran's Serious Games Prize Festival Ends: SeGaP 2018

EghtesadOnline: The second round of Iran’s Serious Games Prize (SeGaP 2018) festival organized by Iran Computer and Video Games Foundation ended in Tehran on Friday.
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Publish Date: 03/December/2018 | 24:33

Tehran: Stock Rout Erases Autumn Gains

EghtesadOnline: Tehran stocks closed lower in trading Saturday to start the week in the red. At the Tehran Stock Exchange both TSE's main index TEDPIX and IFX lost heavily. The TEDPIX and IFX fell sharply and thereby turned negative for the autumn. Stocks dropped almost across the board with only textile and telecoms staying in the black.
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Publish Date: 02/December/2018 | 10:36

Iran's Central Bank Announces New Rules for Forex Trade

EghtesadOnline: The Central Bank of Iran in a directive on Saturday announced rules and regulations for selling and buying foreign currency of export earnings at authorized exchange bureaus.
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Publish Date: 02/December/2018 | 10:32

Iran-Germany Cargo Train Expected to Roll Next Year

EghtesadOnline: Islamic Republic of Iran Railways’ negotiations with German officials to launch cargo trains between the two countries have been fruitful and the first train is expected to use this route next year, the deputy head of IRIR's International Affairs Department said.
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Publish Date: 02/December/2018 | 10:30

Iran Securities and Exchange Organization's Place Elevated in IOSCO

EghtesadOnline: The Security and Exchange Organization's systemic attempts to elevate its position from "associate" member to "ordinary" member of International Organization of Securities Commissions, has finally borne fruit.
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Publish Date: 02/December/2018 | 10:25

Startup Trying to Expedite Banking Services

EghtesadOnline: A new smart banking queue management system has been designed by an Iranian startup that aims to make banking services a tad easier by allowing customers to “get in line” from anywhere at any time by using a smartphone application.
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Publish Date: 01/December/2018 | 10:52

Iran Bitcoin Users Affected By US Sanctions

EghtesadOnline: Iranian sources say that some of them are no longer able to access the cryptocurrency swap platform ShapeShift, even when using virtual private networks (VPNs). As such, the sanctions appear to be already impacting Iranians who want to make lawful use of cryptocurrencies.
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Publish Date: 01/December/2018 | 10:45

Ban on Tomato Paste Exports Lifted

EghtesadOnline: The ban imposed on tomato paste exports has now been lifted until further notice, following a letter sent by the Minister of Industries, Mining and Trade Reza Rahmani to the Islamic Republic of Iran Customs Administration on Nov. 21.
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Publish Date: 01/December/2018 | 10:41

Iranian Lawmaker Says Forex Rates Should Be of Descending Order

EghtesadOnline: Following the recent decline in foreign currency rates, the price of goods which leaped (thanks to earlier exchange rate rises) over the past several months is expected to fall again, says Mohammad-Reza Pour-Ebrahimi, the chairman of Majlis Economic Affairs Commission.
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Publish Date: 01/December/2018 | 10:39

How Much Time Iranians Spend on Social Media

EghtesadOnline: Every Iranian over the age of 15 on average every day spends 64 minutes on social media platforms, the Statistical Center of Iran says in a report.
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Publish Date: 01/December/2018 | 10:36

Russia Ratifies Interim Deal on Iran-EEU Free Trade Zone

EghtesadOnline: Russian President Vladimir Putin signed a bill ratifying a temporary agreement on the formation of a free trade zone between the Eurasian Economic Union and Iran on Wednesday.
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Publish Date: 01/December/2018 | 10:29

E-Books Popular With Tehran Metro Commuters

EghtesadOnline: In October more than 25,500 Tehran metro commuters used services offered by the local startup Fidibo to read e-books.
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Publish Date: 26/November/2018 | 24:03

Iran Mobile Market: Prices High, Supply Low

EghtesadOnline: During the seven months to Oct. 22, 1.7 million mobile phones were imported into Iran. This is while monthly domestic demand for cellphones is said to be over and above 1 million. This has created chaos in Iran’s mobile phone market with prices going through the roof.
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Publish Date: 26/November/2018 | 11:41