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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

Iranian MVNO Introduces Family Friendly Mobile Plan

EghtesadOnline: Iranian mobile virtual network operator Amin has introduced a SIM card and mobile plan named Teentaak designed to provide parental control over youngsters' communications technology usage.
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Publish Date: 08/August/2018 | 07:30

Startup Support Package Climbing Bureaucratic Ladder in Iran

EghtesadOnline: Drafted by the ICT Ministry, a bill concerning tax relief for startups is making its way up the bureaucratic ladder to help new businesses flourish and subsequently spur economic growth.
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Publish Date: 08/August/2018 | 07:27

Why One Company in France Won’t Bid Adieu to Iran

EghtesadOnline: As the US reimposes sanctions on Iran, some small European businesses remain steadfast in their choice to continue trading with Tehran despite “risks”.
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Publish Date: 08/August/2018 | 04:55

Int'l Consortium to Invest $7b in Iran Petrochem Sector

EghtesadOnline: A consortium of Philippine and Chinese companies will help Iran complete its value chain in the petrochemical industry, National Petrochemical Company's deputy for investment said.
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Publish Date: 07/August/2018 | 09:43

Iran Tire Industry Wary of Market Volatility

EghtesadOnline: With tire importers grappling with government bureaucracy, which has hampered entry of goods and impeded the supply chain, tires are soon to go scarce and just like many other commodities their prices are certain to skyrocket in the coming days.
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Publish Date: 07/August/2018 | 09:37

Iran Budget Deficit Hits $6.5b

EghtesadOnline: Iran’s budget deficit came in bigger than expected in the first quarter of the current fiscal year (March 21-June 21) to reach 290.1 trillion rials ($6.59 billion), according to the Central Bank of Iran’s latest report.
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Publish Date: 07/August/2018 | 06:30

DRI Exports Banned

EghtesadOnline: The government has banned the export of direct-reduced iron to increase supply to local downstream plants.
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Publish Date: 07/August/2018 | 06:14

ATR Deliveries Prove EU’s Support for Businesses Against US Sanctions

EghtesadOnline: The Franco-Italian planemaker ATR Aircraft delivered five new ATR 72-600 planes to Iran Air on Saturday and the jets landed in Tehran a day later on Sunday, which move is interpreted by Iran Air's CEO as a proof of European Union’s ability to support businesses against unruly US sanctions.
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Publish Date: 06/August/2018 | 11:03

CBI Delivers Presold Gold Coins

EghtesadOnline: The Central Bank of Iran said on Saturday it has fulfilled its commitment of delivering the gold coins purchased by people during the presale scheme in the past few months.
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Publish Date: 06/August/2018 | 11:01

Iran Foreign Exchange and Gold Market Volatility Subsides

EghtesadOnline: Rial rebounded on Sunday, in anticipation of Central Bank of Iran Governor Abdolnasser Hemmati's announcement of the new plan to calm forex market volatility that has seen Iranian currency sink to a series of record lows.
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Publish Date: 06/August/2018 | 10:56