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Iran's Q1 Economic Growth at -3.5%

EghtesadOnline: Iran’s gross domestic product saw a contraction of 3.5% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, the Statistical Center of Iran’s latest report shows.
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Publish Date:03/September/2020 | 13:35

Economic Operators’ Satisfaction With State Entities Improves

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture has published the results of an annual survey on the performance of organizations and agencies of three branches of the government (legislative, judiciary and executive) involved in shaping Iran’s business environment in the Iranian year ending March 2020.
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Publish Date:01/September/2020 | 11:35

$1.5 Billion Petrochemical Plant Opens in Pars Economic Energy Zone

EghtesadOnline: To expand the value-added chain in the petrochemical sector, the first phase of Bushehr Petrochemical Company in Pars Special Economic Energy Zone (PSEEZ), southeast of Bushehr Province, became operational on Monday.
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Publish Date:25/August/2020 | 11:02

$70m Invested in Baluchestan Wind Farm

EghtesadOnline: Mil-e Nader 50 megawatt wind farm in Sistan-Baluchestan Province will come on stream by March. It cost $70 million, the deputy governor for coordinating economic affairs said.
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Publish Date:18/August/2020 | 11:10

OECD: Iran's Steel Production Capacity to Rise 51% by 2022

EghtesadOnline: The Organization for Economic Cooperation and Development has predicted Iran’s nominal annual crude steelmaking capacity to reach 54.4 million tons by 2022, an increase of 51% compared to the capacity level of 36 million tons registered by the end of 2019.
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Publish Date:03/August/2020 | 08:11

Airlines to Receive $87 Million in Coronavirus Bailout

EghtesadOnline: As part of the 80 trillion rials ($350 million) economic relief package for the transportation sector approved by the government, airlines will receive 20 trillion rials ($87 million) in loans to help them weather the hardship caused by the new coronavirus.
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Publish Date:28/July/2020 | 08:13

Iran's Trade With Eurasian Economic Union Hits $2.4b

EghtesadOnline: Iran and the Eurasian Economic Union traded 6.86 million tons of commodities worth $2.4 billion from Oct. 27, 2019, when a preferential trade agreement between the two sides came into effect, to June 20, 2020, according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:04/July/2020 | 09:23

Official Expounds on World Bank Doing Business Report

EghtesadOnline: There is great deal of criticism against the World Bank’s Doing Business Report and its associated country rankings, Ali Firouzi, an official with the Ministry of Economic Affairs and Finance, said.
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Publish Date:24/June/2020 | 24:13

Exports From Free, Special Economic Zones Earn $17b

EghtesadOnline: A total of $17 billion worth of commodities were exported from Iran’s free trade and special economic zones during the last fiscal year (March 2019-20), according to the secretary of the High Council for Free Trade and Special Economic Zones.
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Publish Date:23/June/2020 | 24:22

Iraq Will Be Committed to OPEC+

EghtesadOnline: Iraq wants OPEC+ to take into consideration the economic and living conditions of countries when assigning quotas in oil production cuts, the country's finance minister said, as OPEC's second-largest oil producer struggles to adhere to it production limits.
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Publish Date:09/June/2020 | 24:29

Transactions With Eurasian Economic Union at $2.1b Since PTA Came Into Effect

EghtesadOnline: Iran and the Eurasian Economic Union have traded $2.11 billion worth of goods since Oct. 27, 2019, when the preferential trade agreement between the two sides came into effect, according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:06/June/2020 | 06:13

Tehran Low-Risk Shops Reopen

EghtesadOnline: Low-risk businesses affiliated to Tehran Guild Chamber on Saturday resumed activities as per the Smart Distancing Initiative to tackle the COVID-19 outbreak while minimizing its economic fallout.
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Publish Date:20/April/2020 | 13:56

Tehran, Damascus to Bolster Economic , Investment Coop.

EghtesadOnline: Syrian Prime Minister Imad Khamis on Sunday discussed with Iranian Roads Minister Mohammad Eslami and an accompanying delegation ways of boosting economic and investment cooperation between Syria and Iran.
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Publish Date:29/January/2019 | 15:09