EghtesadOnline: In the coming fiscal (2019-20), Iran government expects to earn 100 trillion rials ($864 million) from the ICT sector, down 9% compared to projected income for the current year that ends in March.
EghtesadOnline: As the Central Bank of Iran struggles to stabilize the foreign exchange market – a colossal task that has long exacted energy and focus of the regulator – some argue that the CBI’s disproportionate focus on controlling the demand side of forex could ultimately do more harm than help.
EghtesadOnline: The 17th Session of Cuba-Iran Intergovernmental Commission, whose main goal was to expand collaboration in various economic and health sectors, concluded in Havana on Wednesday, Prensa Latina, the official state news agency of Cuba, reported.
EghtesadOnline: A top cleric lashed out at European states for failing to deliver on their pledge to take practical steps to uphold the 2015 nuclear deal following the US withdrawal, saying he believes Tehran will eventually be compelled to ditch the deal.
EghtesadOnline: More than 7.06 million tons of oil and non-oil commodities were transited through Iran’s 32 land and marine borders during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 4% rise compared with the corresponding period of last year.
EghtesadOnline: Major Japanese banks are set to resume Iranian oil transactions after receiving final regulatory clearance, paving the way for the country's refiners to begin loadings as early as this month, sources with direct knowledge of the matter told S&P Global Platts Tuesday.
EghtesadOnline: S ugar cubes, tomato paste, rice, fish, eggs and many other products categorized by the government as “essential goods”, importers of which get subsidized foreign currency, are now popping up in shops of neighboring countries.
EghtesadOnline: As Iranian traders (and more broadly Europeans) wait for the launch of the long-awaited special purpose vehicle by European powers, some businesses fear that the trade mechanism may after all fail to shield Iran’s trade from the long reach of US sanctions.
EghtesadOnline: A South Korean oil buyer is set to receive about 2 million barrels of Iranian condensate in January, a source familiar with the matter said on Monday.
EghtesadOnline: The Iranian Ministry of Industries, Mining and Trade has removed 47 commodities from the list of banned imports.