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Iran Gov’t Decides ETFs Are Ideal

EghtesadOnline: The economy and oil ministries said Tuesday that they would stick with the previously announced method to divest government shares in four refineries via an exchange-traded fund and this week’s decision to offer shares only in blocks has be rescinded.
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Publish Date: 12/August/2020 | 10:25

Iran’s PMI Contracts 6.4%

EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the Iranian economy settled at 45.47 in the month ending July 21 from 48.41 in the month ending June 20, indicating a 2.93-point or 6.42% contraction.
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Publish Date: 09/August/2020 | 10:52

Tehran Housing Dynamics

EghtesadOnline: The Planning and Housing Economy Office of the Ministry of Roads and Urban Development has released a report on Tehran's housing market in the fourth month of the current Iranian year (June 21-July 21).
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Publish Date: 30/July/2020 | 11:20

INTA Penalty Relief Extended Through 2020-21

EghtesadOnline: Economy Minister Farhad Dejpasand says those who pay their back taxes completely by March 2021 will be eligible for the Iranian National Tax Administration’s penalty relief.
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Publish Date: 20/June/2020 | 08:53

Business Activities Rebound

EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy rebounded in the second month of the current fiscal year (April 20-May 20), thanks to a jump in output as companies resumed production after the coronavirus lockdowns and the new Iranian year’s holidays, the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture reported.
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Publish Date: 14/June/2020 | 10:37

SCI: Economy Contracts by 7%

EghtesadOnline: The Iranian economy experienced a 7% contraction in the fiscal 2019-20, the Statistical Center of Iran said in its latest report.
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Publish Date: 13/June/2020 | 08:50

Need to Shore Up Economy Amid Virus Fight

EghtesadOnline: President Hassan Rouhani said on Saturday Iran has no choice but to pursue economic goals, as it tries to stem the spread of the novel coronavirus.
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Publish Date: 07/June/2020 | 06:59

Divestments to Help Development Projects

EghtesadOnline: Earnings from the first phase of the government’s disinvestment plan will be used for development projects stated in the fiscal 2020-21 budget, a deputy minister of economy said.
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Publish Date: 20/May/2020 | 07:02

Virus Infections Cross 120,000 in Iran

EghtesadOnline: Iran’s tally of Covid-19 cases rose above 120,000 on Sunday, as the country continued to ease containment measures to revive its economy.
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Publish Date: 18/May/2020 | 05:29

Divestiture Policy on Thin Ice

EghtesadOnline: The government’s plan to divest its shares in state-run companies via exchange-traded funds can neither be called privatization nor a realistic move toward a market economy, says Davoud Soori, an economist.
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Publish Date: 17/May/2020 | 05:41

Covid-19 Sinks Business Activities to Record Low

EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy nosedived to its lowest level in the first month of the current fiscal year (March 20-April 19) in another sign that the coronavirus pandemic is causing serious economic damage to the country.
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Publish Date: 12/May/2020 | 08:56

Struggling Insures Seek Gov’t Help

EghtesadOnline: Iranian Insurers’ Syndicate has asked the Ministry of Economy for financial aid to the industry burdened by the impact of the coronavirus spread.
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Publish Date: 28/April/2020 | 05:31

Gov’t to Launch Divestiture Scheme May 3

EghtesadOnline: The Ministry of Economy announced a timeframe to launch the first phase of a divestiture scheme based on which government will sell its stakes in state-affiliated companies.
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Publish Date: 27/April/2020 | 13:01

$500 billion coronavirus aid package passes U.S. Senate, headed to House

EghtesadOnline: The U.S. Senate on Tuesday unanimously approved $484 billion in fresh relief for the U.S. economy and hospitals hammered by the coronavirus pandemic, sending the measure to the House of Representatives for final passage later this week.
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Publish Date: 22/April/2020 | 24:23

Time for IMF to Act Now

EghtesadOnline: Iran’s central bank governor has again called on the International Monetary Fund to resist US pressure and approve its application for financing to help bridge a 10 billion-euro ($10.9 billion) deficit as the country’s sanctions-hit economy struggles to cope with the coronavirus pandemic.
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Publish Date: 21/April/2020 | 11:42