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Iran Economy Shows 0.8% Growth

EghtesadOnline: Iran’s economy grew by 0.8% during the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020), the Statistical Center of Iran’s latest report shows.
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Publish Date:06/March/2021 | 24:44

Oil Jetty in Qeshm Near Completion

EghtesadOnline: An oil jetty in the Persian Gulf is near completion in Qeshm Island and will be launched in spring, head of economy and investment affairs at Qeshm Free Zone Organization said Monday.
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Publish Date:13/February/2021 | 19:45

Overall PMI Increases for Three Consecutive Months

EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s economy settled at 48.83 in the month ending Jan. 19 from 47.77 in the month ending Dec. 20, 2020, indicating 1.06-point or 2.22% improvement.
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Publish Date:08/February/2021 | 14:14

Tax Evasion Undermining Economic Equality

EghtesadOnline: Visible inequality in income distribution aside, Iran’s economy is saddled with an unfair tax system that has made the realization of economic justice more elusive than ever.
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Publish Date:01/October/2020 | 15:49

Long-Awaited INSTEX Transaction Insufficient

EghtesadOnline: The first transaction conducted under the European trade mechanism to bypass American sanctions is so small that its effect on Iranian economy is insignificant, a lawmaker said.
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Publish Date:06/April/2020 | 23:11

Britain Exploring Ways of Mitigating Iran's Economic Situation

EghtesadOnline: Although the effects of American sanctions on Iran's economy cannot be negated, Britain is cooperating with Tehran in good faith to find ways to mitigate the situation, a British diplomat said.
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Publish Date:04/November/2019 | 07:59

Iran-US Trade Coming to Complete Halt Amid Tensions

EghtesadOnline: While the US pressures on Iran’s economy has escalated now more than ever by imposing harsh sanctions against the Islamic Republic, commercial exchanges between the two countries is gradually coming to a halt.
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Publish Date:30/July/2019 | 11:33

Bankers, Traders Discuss Ways to Fight Sanctions

EghtesadOnline: Iranian banks have again found themselves at the center of US efforts to exert maximum pressure on the economy two weeks after the Trump administration slapped its second round of penalties.
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Publish Date:21/November/2018 | 10:18

SCI Puts Iran's Q1 Growth at 1.7%

EghtesadOnline: Iran's economy grew 1.7% during the first quarter of the current fiscal year (March 21-June 21) compared with last year's corresponding period, the Statistical Center of Iran said it its latest report.
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Publish Date:23/September/2018 | 13:16

Economy Hanging in the Balance: Economist

EghtesadOnline: What are the effects of foreign policy developments on the economy ? Why are inflation and market volatility persisting?
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Publish Date:08/July/2023 | 22:43

Energy Supply Cuts Plunge Economy to ‘Rare’ Slump

EghtesadOnline: The PMI for Iran’s overall economy settled at 41.89 in the tenth month of the year from 49.14 registered in the previous month, indicating a 7.25-point or 14.75% decrease.
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Publish Date:05/February/2023 | 21:43

Salaf Contracts to Help Fund Housing Sector

EghtesadOnline: Plans are underway to launch standard salaf contracts for low-cost housing projects, head of the Ministry of Road's Housing Economy Department said.
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Publish Date:14/December/2020 | 17:02

Slight Upturn in Economy’s PMI

EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the overall economy settled at 45.70 in the month ending Nov. 20 from 44.47 in the month ending Oct. 21, indicating an improvement of 1.23 points or 2.77%.
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Publish Date:08/December/2020 | 14:34

Iran Economy Shrinks 1.9% in Half-Year Fiscal Performance

EghtesadOnline: Iran’s gross domestic product contracted by 1.9% during the first half of the current fiscal year (March 20-Sept. 21) compared with the corresponding period of last year, the Statistical Center of Iran’s latest report shows.
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Publish Date:05/December/2020 | 13:06

Refiners in Iran Playing Bigger Role in Economy

EghtesadOnline: Refineries in Iran are operating at full capacity converting two million barrels of crude oil into petroleum products a day, the secretary-general of Oil Refining Industry Cooperative Association said.
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Publish Date:15/November/2020 | 15:58

Iran’s PMI Declines by 5.1%

EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the overall economy of Iran settled at 44.47 in the month ending Oct. 21 from 46.86 in the month ending Sept. 21, indicating a decline of 2.39 points or 5.1%.
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Publish Date:10/November/2020 | 14:24

Retail Sector's PMI Plummets

EghtesadOnline: The Economy and Planning Division of Iran Chamber of Guilds' latest report on Purchasing Managers’ Index for the retail sector shows a significant decline in the economic indicator.
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Publish Date:28/October/2020 | 13:24

Share Market Playing Bigger Role in Economy

EghtesadOnline: The Ministry of Economy says that the capital market has expanded its role in contributing to the economy thanks to the share market and rise in the number of investors.
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Publish Date:18/October/2020 | 13:57