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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

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

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

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

OPEC: Oil Demand to Plateau in Late 2030s

EghtesadOnline: World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits.
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Publish Date: 10/October/2020 | 16:19

PMI Trend Implies Slow Recovery

EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the economy settled at 46.86 in the month ending Sept. 21 from 46.43 in the month ending Aug. 21, indicating 0.43 points or 0.93% improvement.
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Publish Date: 10/October/2020 | 15:36

Economy Ministry: Plans to Divest Hit a Snag

EghtesadOnline: Government organizations refuse to abide by budgetary laws that call for relinquishing more than 60 trillion rials ($210 million) in assets, an official with the Economy Ministry said.
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Publish Date: 07/October/2020 | 19:53

1,000 Gov’t Estates on Divestiture List

EghtesadOnline: About 1,000 estates owned by the government are on the divestiture list by the time the current fiscal is out next March, an official with the Economy Ministry said.
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Publish Date: 21/September/2020 | 14:16

3 Petrochemical Projects Come Online

EghtesadOnline: Three petrochemical projects became operational in the past week and will help complete the value chain of the key industry as the country gradually moves away from an oil economy to exporting value-added products.
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Publish Date: 13/September/2020 | 24:08

Overall Economic PMI Slightly Improves

EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran's overall economy settled at 46.43 in the month ending August 21 from 45.47 in the month ending July 21, indicating 0.96 points or 2.11% improvement.
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Publish Date: 07/September/2020 | 13:06

Iranian Banks Shutter Branches to Cut Costs

EghtesadOnline: Banks owned by the government sold 280 trillion rials ($1.2 billion) in assets since January 2018, the Ministry of Economy said in a report.
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Publish Date: 06/September/2020 | 24:19

Capital Market Performance Appraised

EghtesadOnline: The Economy Ministry has reported the performance of the domestic capital market in the year ending August 2020.
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Publish Date: 01/September/2020 | 11:25

Tying Economy to Foreign Events a Strategic Mistake

EghtesadOnline; Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei advised against linking the country’s domestic economy to foreign developments, describing it as “a strategic mistake”.
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Publish Date: 24/August/2020 | 24:09