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Japan Ready to Suspend Iran Oil Imports in October

EghtesadOnline: Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported on Tuesday.
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Publish Date: 05/September/2018 | 11:55

Undisclosed Oil Shipments Could Help Dodge Sanctions

EghtesadOnline: Iran may resort to various ways of reducing the impact of US sanctions on its oil exports and those tactics could include secret oil shipments without trackers on tankers, bartered trades, discounts and extended credit periods on oil sales, analysts say.
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Publish Date: 05/September/2018 | 11:52

New Measure to Bring Order to Iran Mobile Phone Market

EghtesadOnline: Iran’s Communication Regulatory Authority is poised to tap into the potential of the already operational Cellphone Registry Scheme to exert further control on the bullish mobile phone market, curb dealers’ profiteering practices and restrain mobile phone hoarders.
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Publish Date: 05/September/2018 | 11:45

Iran's Trade With China Rises to $19.6b in H1 2018

EghtesadOnline: Iran’s trade with China amounted to $19.66 billion during the first half of 2018, registering an increase of 2.2% compared with last year’s corresponding period, Chinese ambassador to Iran said.
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Publish Date: 05/September/2018 | 05:26

Tehran Stocks Prospects Brighten Despite Economic Downturn

EghtesadOnline: Trading at Tehran Stock Exchange has seesawed in the past few weeks. While the main index TEDPIX surpassed 140,000 two weeks ago to set a historic record, the days that followed registered a 7,000 decline to 133,000.
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Publish Date: 10/September/2018 | 05:21

Iran Embraces Crypto Mining

EghtesadOnline: The administration of President Hassan Rouhani has accepted crpytocurrency mining as an industry that needs to be developed in Iran, the secretary of the High Council of Cyberspace said.
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Publish Date: 05/September/2018 | 05:15

Oil Surplus Vanishes Ahead of Iran Deadline

EghtesadOnline: An overhang of unsold crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to US sanctions and a new rally in prices.
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Publish Date: 04/September/2018 | 24:12

Iran on Fast Track to Enhanced Connectivity

EghtesadOnline: ICT Minister Mohammad Javad Azari-Jahromi in a live TV program detailed the accomplishments of the ministry since he assumed office over a year ago, including the rise in the average Internet speed, enhanced villagers’ access to online connectivity, the development of infrastructure necessary for the adoption of e-governance agendas and the expansion of the startup ecosystem.
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Publish Date: 04/September/2018 | 24:01

Historic Day for Iranian Fintechs: Six Firms Authorized

EghtesadOnline: Shaparak Company, the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within CBI’s new legal framework.
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Publish Date: 04/September/2018 | 04:37

Ways of Regulating Cryptocurrency

EghtesadOnline: The research arm of Iran’s Parliament has dedicated its latest analytical study to virtual currencies, once again calling for calculated and well-assessed regulations to employ them in the economic cycle of the country.
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Publish Date: 04/September/2018 | 04:29

Forex Rally Intensifies in Tehran Market

EghtesadOnline: The foreign exchange market intensified its rally on Monday, with the rial dropping to new lows against most major currencies.
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Publish Date: 04/September/2018 | 04:26

Stocks Make Historic Gains

EghtesadOnline: Changes in Iran Mercantile Exchange regulations have done wonders for the stocks market. Talks of the removal of price ceiling for steel products in IME led to a major inflow of capital into the stock market in the starting days of the week.
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Publish Date: 15/September/2018 | 05:18

Tehran: Gold Coin, Forex Markets Heating Up Again

EghtesadOnline: The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday.
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Publish Date: 03/September/2018 | 07:46

IRICA Denies Gaining From FX Surcharge on Imports

EghtesadOnline: The Islamic Republic of Iran Customs Administration has denounced claims that it intends to generate revenues by levying foreign exchange rate difference surcharge on imports.
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Publish Date: 03/September/2018 | 07:40

PPI Inflation Uptrending

EghtesadOnline: The average Producer Price Index in the 12 months ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 15.2% compared with last year’s corresponding period, the latest report of the Central Bank of Iran announced.
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Publish Date: 03/September/2018 | 07:32

UK minister visits Iran; Tehran wants Europe to act on nuclear deal

EghtesadOnline: A British junior minister held talks in Iran on Saturday as Tehran said European states should take action if they wanted to save Iran’s nuclear deal following Washington’s withdrawal from the accord, Iranian state media reported.
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Publish Date: 02/September/2018 | 24:26

NIOC in Talks With Vitol

EghtesadOnline: Iran is seeking to extend or renew a $1 billion oil deal with the Swiss giant Vitol Group ahead of the promised return in November of crippling US sanctions, media reported.
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Publish Date: 02/September/2018 | 08:16