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80% of Iran’s Hand-Woven Carpets Exported

EghtesadOnline: About 80% of hand-woven carpets produced in Iran are exported annually. Iranian carpets have many clients across the world and no individual or country can expel them from the international markets, the chairwoman of Iran National Carpet Center said.
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Publish Date: 18/November/2018 | 10:45

Car Prices in Iran at the Crossroads

EghtesadOnline: No decision has been made about increasing car prices, the Industries Ministry said in a statement released on Thursday following comments from deputy minister of industries Mohsen Salehinia to the effect that new car prices would be announced at the weekend.
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Publish Date: 18/November/2018 | 10:33

Iran, Iraq Presidents Discuss Expansion of Ties in Tehran

EghtesadOnline: President Hassan Rouhani on Saturday held a meeting with his Iraqi counterpart Barham Salih in Tehran where they discussed a wide range of issues including expansion of bilateral trade, setting up a free trade zone on the border between the two countries, linking rail networks and tackling environmental problems.
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Publish Date: 18/November/2018 | 10:29

Video Games Popular With Iran Kids

EghtesadOnline: Almost a quarter of the 28 million Iranians who play video games are children under 12 years of age, the results of a survey conducted by Iran’s Digital Games Research Center (DIREC) and a local market study firm Hitech Monitor show.
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Publish Date: 17/November/2018 | 10:24

Currency, Gold Post Weekly Decline in Iran

EghtesadOnline: Currency and gold markets in Iran registered one of their biggest weekly declines in recent months despite the re-sanctioning of wide sectors of the economy by the Trump White House.
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Publish Date: 17/November/2018 | 10:18

Iran-Turkey Bilateral Trade Expected to Get Boost Despite Sanctions

EghtesadOnline: Trade between Iran and the neighboring Turkey stood at around $8 billion in the first half of 2018 and is estimated to reach $12 billion by the fiscal yearend (March 2019), the chairman of Iran-Turkey Chamber of Commerce said.
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Publish Date: 17/November/2018 | 10:16

Iranian Mobile App ‘Mahak’ Helps Get Smarter About Money

EghtesadOnline: Managing income and expenses while sticking to a budget have become easier with the help of personal finance apps. A new e-wallet smartphone application, Mahak, has been launched as another efficient means of managing income and expenses.
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Publish Date: 17/November/2018 | 10:01

Sukhoi to Reconsider Sales to Iran

EghtesadOnline: The Russian company Sukhoi Civil Aircraft will get back to the issue of selling Sukhoi Superjet 100 (SSJ100) jets to Iran after reducing the share of US components in the plane to under 10%, the firm’s president, Alexander Rubtsov, said on Thursday.
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Publish Date: 17/November/2018 | 09:59

Iran Says Oil Trade Will Continue on Energy Bourse

EghtesadOnline: Close to one million barrels of oil have been sold on Iran Energy Exchange so far and plans are underway to continue the offers in the future, the head of international affairs at the National Iranian Oil Company said.
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Publish Date: 13/November/2018 | 10:08

Iran - Rules for Private Equity Funds Approved

EghtesadOnline: Instructions and charter for private equity funds have been ratified, Iran's Securities and Exchange Organization’s deputy for supervision of financial institutions said.
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Publish Date: 13/November/2018 | 10:00

Iran Saffron Exports Top $145m in H1 2018

EghtesadOnline: About 105 tons of saffron worth more than $145 million were exported from Iran during the first half of the current Iranian year, the deputy head of Iran National Saffron Council said.
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Publish Date: 13/November/2018 | 09:59

Iran Mineral Trade Surplus Rises to $3.8b (Mar-Oct 2018)

EghtesadOnline: Iran's trade surplus of mineral products increased to $3.8 billion at the end of the seventh month of the current fiscal year on Oct. 22, the latest official data show.
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Publish Date: 13/November/2018 | 09:58

Results of Vehicle Dependability Study in Iran

EghtesadOnline: Iran Standard and Quality Inspection Co. has carried out a Vehicle Dependability Study (VDS), which indicates that cars made/assembled locally show unacceptably high levels of wear and tear after less than a year on the road.
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Publish Date: 13/November/2018 | 09:56

Iranian Steel Heavyweights See 3% Decline in Exports (Mar-Oct 2018)

EghtesadOnline: Major Iranian steelmakers exported a total of 3.88 million tons of semi-finished and finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22) to register a year-on-year contraction of 3%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date: 12/November/2018 | 10:53

Iran Housing Sector Acts as Brake on Runaway Inflation

EghtesadOnline: The point-to-point inflation rate of the housing sector was significantly lower than that of other sectors during Mehr, the seventh month of the current Iranian year that ended on Oct. 22, recent data released by the Central Bank of Iran show.
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Publish Date: 12/November/2018 | 10:51

India Mulls Barter System to Export Rice to Iran

EghtesadOnline: India's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop Chabahar Port.
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Publish Date: 12/November/2018 | 10:49