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US Sanctions on Iran Affect Trade With UAE

EghtesadOnline: The latest US sanctions against Iran are forcing many Iranian businesses in the UAE, which has recently become a trade hub of Iranian goods, to move to other countries like Turkey and Qatar.
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Publish Date: 15/August/2018 | 04:58

New Government Policies Reduce Forex Demand in Iran

EghtesadOnline: The implementation of new foreign exchange policies by the Iranian government has meaningfully curbed unnecessary demand for cheap currency, the industries minister said.
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Publish Date: 15/August/2018 | 04:55

Copper Concentrate Output Grows 10%

EghtesadOnline: Major Iranian copper producers produced 413,739 tons of copper concentrate during the first four months of the current fiscal year (March 21-July 22), which indicates a 10% growth compared with last year’s corresponding period.
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Publish Date: 14/August/2018 | 05:39

Iran’s Amendments to CFT Law, a Step in Right Direction

EghtesadOnline: Amendments to the CFT (Combating Financing of Terrorism) Law of the Islamic Republic of Iran were finally approved by the Guardians Council on Aug. 1 and have been notified by the president to related ministries on Aug. 11.
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Publish Date: 14/August/2018 | 05:36

Iran: South Pars Phase 11 Contract Unchanged

EghtesadOnline: The agreement to develop South Pars Gas Field's Phase 11 in the Persian Gulf with France’s Total and China National Petroleum Corporation has not undergone any changes yet.
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Publish Date: 13/August/2018 | 07:12

Iraqi Premier to Visit Iran After Agreeing to Comply With US Sanctions

EghtesadOnline: Iraq’s Prime Minister Haider al-Abadi is to visit top trading partner Iran as well as Turkey next week, an official said on Saturday, days after Washington slapped new sanctions on Tehran and piled economic pressure on Ankara.
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Publish Date: 13/August/2018 | 04:47

IMIDRO’s Report on Iran's Steel, Iron Output for 4 Months

EghtesadOnline: A total of 15 million tons of iron ore concentrate were produced in Iran during the first four months of the current fiscal year (March 21-July 22) to register a 22% growth compared with last year’s corresponding period.
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Publish Date: 13/August/2018 | 04:43

No Gasoline Price Hike Plan

EghtesadOnline: Prices of gasoline and oil derivatives will experience no change until the end of the current fiscal year that started on March 21.
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Publish Date: 12/August/2018 | 07:00

Iranian MPs Put Plan Into Motion to Deregulate Auto Market

EghtesadOnline: Iranian parliament members in step with the government are moving ahead with a proposed plan to relax state sway on the country's auto market, a move aimed at removing the car price caps that are currently in place for mid-range vehicles.
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Publish Date: 12/August/2018 | 06:56

How Iran’s Steel Industry Will Fare Under Sanctions?

EghtesadOnline: The Iranian steel industry was one of the main winners of the lifting of sanctions against Tehran in 2016. Now, with sanctions back in place, the industry’s future is at stake.
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Publish Date: 12/August/2018 | 05:27

Iran's Finance Deals With China, Russia Intact

EghtesadOnline: Finance agreements Iran signed with China and Russia after the 2015 multilateral nuclear accord are still valid, despite the US reimposition of sanctions against Tehran, an official at the Organization for Investment, Economic and Technical Assistance of Iran said.
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Publish Date: 12/August/2018 | 05:25

Russia Not Betraying Iran's Oil Market Trust

EghtesadOnline: Russia is committed to its domestic oil producers and it is a mistake to think that Moscow's current policy toward the oil market is a betrayal of Tehran's trust.
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Publish Date: 11/August/2018 | 11:03

SIM Card Debut’s Anniversary

EghtesadOnline: Friday marked the 24th anniversary of the commercial launch of Iran’s mobile phone network, which shell-shocked local landline operators when the country’s first SIMs were offered.
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Publish Date: 11/August/2018 | 11:00

National Postal Service Urged to Shape Up

EghtesadOnline: The ICT minister has called on the officials in charge of Iran Post Company to adopt measures to broaden the business and increase revenues, through the expansion of services as the top authority sees more room for variety in the sector.
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Publish Date: 11/August/2018 | 10:58

Pakistan to Pursue Iran Economic Relations Despite US Sanctions

EghtesadOnline: Pakistan on Thursday said it reserves the right to “pursue legitimate economic and commercial interests” with Iran in the wake of the reimposition of sanctions on Tehran by US President Donald Trump who warned that countries doing business with the Islamic Republic will face consequences.
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Publish Date: 11/August/2018 | 05:56

Stocks End Trading Week With Solid Gains

EghtesadOnline: The Iranian equity market's meteoric rise last week enabled it to break records, yet it lost steam by the trading week's end on Wednesday and bled part of its gains.
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Publish Date: 11/August/2018 | 05:26

Key Meeting on Cryptocurrency Plans

EghtesadOnline: Top officials from the Information and Communications Technology Ministry and the Central Bank of Iran are to meet in the coming days to discuss plans to introduce a cryptocurrency.
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Publish Date: 11/August/2018 | 05:22

Exchangers in Iran Resume Work With New To-Do List

EghtesadOnline: With the government's rescue package for the currency market in full swing, exchange bureaus have found a newly-defined role after nearly four months of zero transaction.
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Publish Date: 11/August/2018 | 05:14