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Armenia to Increase Iran Flights

EghtesadOnline: Armenia plans to increase its nine flights to Iran per week to 11 as of next week, according to the spokesperson of the Islamic Republic of Iran Civil Aviation Organization.
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Publish Date: 07/July/2021 | 24:04

Steelmakers Ordered to Cut Power Use by 10%

EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered steel and cement production factories to reduce electricity consumption by 10%, otherwise their power supply will be cut.
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Publish Date: 07/July/2021 | 24:01

Iran's Q3 Real-Estate Market in Urban Areas Reviewed

EghtesadOnline: The Statistical Center of Iran has published its latest report on home and land prices as well as rent levels in the country’s urban areas during the third quarter of the last Iranian year (Sept. 22-Dec. 20, 2020), the autumn of fiscal 2020-21.
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Publish Date: 07/July/2021 | 24:00

UNESCO Releases Iran’s Tech Development Report in 2015-20

EghtesadOnline: The United Nations Educational, Scientific and Cultural Organization has recently released a comprehensive report on Iran’s technological and scientific growth in the past five years.
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Publish Date: 07/July/2021 | 11:58

Housing PMI Maintains Upward Monthly Impetus

EghtesadOnline: The Purchasing Managers’ Index for the housing sector in the third month of the current Iranian year (May 22-June 21) settled at 60.55 from 57.14 in the preceding month (April 21-May 21), indicating a 5.97% increase, Iran Chamber of Cooperatives reported.
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Publish Date: 07/July/2021 | 11:23

Polymer Products Constitute 2.2% of Non-Oil Exports

EghtesadOnline: The polymer industry accounts for 2.2% of Iran’s non-oil exports, while the installed capacity for polymer products is more than 20 million tons, of which only 5 million tons are produced per year and half of which is exported, the chairman of the board of Iran National Plastic and Polymer Industries Association said.
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Publish Date: 06/July/2021 | 24:36

SCI: 6,861 Mines Active

EghtesadOnline: Out of 10,170 mines in Iran, 6,861 are active and 3,309 are inactive, according to the latest data announced by the Statistical Center of Iran.
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Publish Date: 06/July/2021 | 24:31

Iranian Car Quality Assessed

EghtesadOnline: Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending May 21.
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Publish Date: 06/July/2021 | 24:30

Renewables Help Iran Save 110m Liters of Water in 3 Months

EghtesadOnline: Close to 463 million kilowatt hours of electricity were generated from alternative energy sources in the first three months of the fiscal 2021-22, which help curb both water and fossil fuel consumption.
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Publish Date: 05/July/2021 | 13:34

Tehran Municipality Not Allowed to Utilize Groundwater for Greenspaces

EghtesadOnline: The National Water and Wastewater Engineering Company of Iran will not allow Tehran Municipality to tap into underground resources in the sprawling capital for watering parks and greenspaces, the head of Tehran Water and Wastewater Company said.
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Publish Date: 05/July/2021 | 13:33

Banks Need to Shift Focus on High-Tech

EghtesadOnline: A recent study estimates that information technology investment barely accounts for 1.73% of Iranian banks' annual spending. This is while a sharper focus on the key sector can and will boost profitability of lenders.
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Publish Date: 05/July/2021 | 24:51

Iran-Turkey January-May Trade Doubles to $1.7b

EghtesadOnline: Iran and Turkey registered $1.78 billion in bilateral trade during the first five months of 2021, 102% higher than the same period of last year.
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Publish Date: 05/July/2021 | 24:46

Carpet Exports Gaining Momentum

EghtesadOnline: Handmade carpet exports stood at 366.9 tons worth $4.8 million in the first two months of fiscal 2021-22 (March 21-May 21), registering a 275.1% and 84% growth in weight and value respectively compared with the previous year’s corresponding period during which 97.8 tons worth $2.6 million were exported, according to statistics released by the Islamic Republic of Iran Customs Administration.
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Publish Date: 05/July/2021 | 24:45

Economy in Recovery Mode

EghtesadOnline: The Central Bank of Iran says volatility in the currency market is ephemeral. In a press release published on its public relations website, it said “macroeconomic variables improved last year despite escalation in the US economic sanctions and outbreak of Covid-19.”
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Publish Date: 05/July/2021 | 24:44

Iran Auto Output Drops in Q1

EghtesadOnline: Iran’s automotive output decreased by 1.14% during the first three months of the current Iranian year (March 21-June 21) compared to the year-ago period.
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Publish Date: 04/July/2021 | 24:53

Covid-19 Delta Variant Spreads in Iran

EghtesadOnline: The highly contagious Delta variant of the coronavirus, first identified in India, has spread across Iran and triggered a jump in cases and hospitalizations, the National Coronavirus Headquarters announced.
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Publish Date: 04/July/2021 | 24:51