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Rouhani Commends Iranians for Resisting US Economic Terrorism

EghtesadOnline: President Hassan Rouhani on Saturday expressed his gratitude to the Iranian people for its “significant and unique” resistance and patience over the past three years in the face of the United States’ economic terrorism.
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Publish Date: 08/November/2020 | 24:51

Sistan-Baluchestan Gets 2.5 MW Wind Turbine

EghtesadOnline: The first 2.5 megawatt wind turbine of Mil-e-Nader Wind Farm in Sistan-Baluchestan Province has been installed, deputy governor for coordinating economic affairs said.
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Publish Date: 01/November/2020 | 13:40

Sistan-Baluchestan Gets 2.5 MW Wind Turbine

EghtesadOnline: The first 2.5 megawatt wind turbine of Mil-e-Nader Wind Farm in Sistan-Baluchestan Province has been installed, deputy governor for coordinating economic affairs said.
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Publish Date: 01/November/2020 | 13:40

Covid-19 Pushes Tehran Public Transport Toward Bankruptcy

EghtesadOnline: Economic constraints and Covid-19 have taken a toll on Tehran public transportation, as they push the sector to the verge of bankruptcy, the head of Tehran City Council’s Transportation Commission said.
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Publish Date: 18/October/2020 | 13:55

Chabahar Port and Iran-India Interface

EghtesadOnline: Iran-India economic linkages have been impacted significantly, ever since the withdrawal of the US from JCPOA (the formal name of Iran nuclear deal—the Joint Comprehensive Plan of Action) in 2018.
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Publish Date: 11/October/2020 | 20:18

H1 Foreign Investments Hit $3.8b

EghtesadOnline: Iran attracted $3.8 billion of foreign investments during the first half of the current fiscal year (March 20-Sept. 21) for the projects approved by the Organization for Investment, Economic and Technical Assistance of Iran.
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Publish Date: 03/October/2020 | 24:14

EU Rejection of US Policies Crucial to JCPOA Survival

EghtesadOnline: If the European Union wants the full implementation of transparency and confidence-building measures under the 2015 nuclear deal, it is essential that they stand up to the United States’ “economic terrorism” against Iran, the Iranian top diplomat said.
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Publish Date: 12/September/2020 | 13:17

Kish Int’l Bourse Launch Slated for Late October

EghtesadOnline: A plan to launch an international stock exchange is getting the finishing touches and is scheduled to be launched by late October, the economic deputy to the secretary of Iran's High Council of Free Trade and Special Economic Zones said.
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Publish Date: 12/September/2020 | 24:14

Bern Stands by Tehran in Hard Times

EghtesadOnline: Switzerland’s Foreign Minister Ignazio Cassis said Bern continues to stand by Tehran to help it address the economic challenges arising from the United States’ tough sanctions.
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Publish Date: 08/September/2020 | 13:58

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

Warning Against Free Electricity Plan

EghtesadOnline: Free or subsidized electricity cannot help tackle the array economic ills and challenges, but wrong policies will certainly lead to more complex issues, a veteran economist says.
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Publish Date: 07/September/2020 | 13:04

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