EghtesadOnline: Forty Iranian companies active in the field of construction have signed a contract to participate in the biggest industrial park of Oman in a move aimed at strengthening bilateral ties that have warmed in recent months.
EghtesadOnline: Reports indicate that 3.23 billion bonds worth 15.93 trillion rials ($111.05 million) were traded on farabourse markets in 668,000 deals during the past trade week (November 3-6), registering 2% and 4% decline in volume and value compared to the week before.
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.
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.
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.
EghtesadOnline: As per an agreement between the Vice Presidential Office for Science and Technology and the Central Insurance company of Iran (CII), assistance of startups and knowledge-based firms are to be enlisted to revitalize the gradually expanding insurance industry.
EghtesadOnline: A researcher team at Khajeh Nasir Toosi University of Technology has developed a smart water meter that can renovate the water supply network.
EghtesadOnline: The rial has been keeping relatively steady since the reimposition of US sanctions last week, a fact reflected in official comments in Tehran that much of the impact of the sanctions have already been baked in.
EghtesadOnline: Tehran Stock Exchange posted aound 73.9% growth year on year in dollar value since the beginning of the year up until the end of September, outperforming other members of the World Federation of Exchanges.
EghtesadOnline: About 227,000 tons of cement were exported to Uzbekistan through Sarakhs Border Terminal in Khorasan Razavi Province during the seven months to Oct. 22.