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14,000 Iranians Travel to Armenia for Vaccine

EghtesadOnline: More than 14,000 Iranians visited Armenia from June 22 to July 16, Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration said on Saturday.
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Publish Date: 21/July/2021 | 19:16

Q1 Underemployment at 9.8%

EghtesadOnline: Underemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 9.8% in the first quarter of the current Iranian year (March 21-June 21), up 1.9% year-on-year and was higher for men and those living in rural areas, according to the Statistical Center of Iran.
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Publish Date: 19/July/2021 | 24:07

5 Countries Account for 74% of Iranian Exports in 1st Quarter

EghtesadOnline: Iran’s exports to its top five destinations during the first three months of the current Iranian year (March 21-June 21) accounted for 74% of its total exports, according to the head of the Trade Promotion Organization of Iran.
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Publish Date: 19/July/2021 | 11:57

Gov't Borrowing From Central Bank Rises 50%

EghtesadOnline: A Central Bank of Iran report said the government’s debt to the banking sector increased by 50.8% in the last fiscal year that ended in March.
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Publish Date: 19/July/2021 | 11:56

Iran-China 25-Year Cooperation Agreement:

EghtesadOnline: China and Iran signed a 25-year strategic cooperation agreement on March 27, 2021, which mainly addresses economic issues amid crippling US sanctions on Iran.
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Publish Date: 17/July/2021 | 15:08

Iran's Q1 Unemployment Rate at 8.8%

EghtesadOnline: Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 8.8% in the first quarter of the current Iranian year (March 21-June 21), indicating a 1% decline compared with the same period of last year.
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Publish Date: 17/July/2021 | 15:07

Land Subsidence Threat Overlooked

EghtesadOnline: Tehran is losing the battle against land subsidence, as the earth sinks in some plains of the province by about 30 centimeters every year, and conditions are more critical in Shahriar and Varamin counties in southwest and south, director of the Forecasting and Early Warning Office at the Iran Meteorological Organization said.
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Publish Date: 14/July/2021 | 13:02

Iran-US Trade Exceeded $16 Million in Five Months

EghtesadOnline: Iran’s commercial transactions with the US amounted to $16.6 million during the first five months of 2021 to register a 17.5% decline compared with the corresponding period of 2020.
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Publish Date: 14/July/2021 | 13:00

Challenges Facing Domestic Apparel Sector Scrutinized

EghtesadOnline: Iran’s domestic demand for apparel stands at 510,000 tons, while annual production is around 385,000 tons per year, according to the vice chairman of Iran's Textile and Apparel Production and Export Union.
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Publish Date: 14/July/2021 | 24:58

Iran Leading World Trout Producer

EghtesadOnline: Atotal of 120 million trout eyed eggs worth $3.1 million were imported during the last Iranian year (March 2020-21), showing a 162% and 60.76% plunge in the number and value respectively compared with the year before, according to the head of Iran Fisheries Organization.
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Publish Date: 14/July/2021 | 24:57

Japan to Donate AstraZeneca Jabs to Iran

EghtesadOnline: Japan’s Foreign Ministry announced on Tuesday its intention to donate some 2.9 million AstraZeneca vaccine jabs to Iran in the near future.
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Publish Date: 14/July/2021 | 24:48

Vegetable Oil Industry Stabilizes

EghtesadOnline: A total of 600,000 tons of vegetable oil were produced in Iran during the first three months of the current Iranian year (March 21-June 21). According to the secretary of Iranian Vegetable Oil Industry Association, output outweighed domestic demand during the period under review.
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Publish Date: 13/July/2021 | 24:30

Monthly Industrial PMI Down 14%

EghtesadOnline: The Purchasing Managers’ Index for Iranian industries during the third month of the current fiscal year (May 22-June 21) settled at 54.21 from 63 of the preceding month (April 21-May 21), indicating an 8.79-point or a 14% decline.
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Publish Date: 12/July/2021 | 24:27

Clampdown on Illegal Cryptomining Continues

EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) shuts almost 50 illegal crypto farms every day as it tries to alleviate the worsening power shortages, the company spokesman said at the weekend.
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Publish Date: 12/July/2021 | 24:18