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Iran's CB: Bahrain Court Ruling Is a Political Statement

EghtesadOnline: The Central Bank of Iran in a statement strongly condemned a Bahraini court’s ruling against Iranian banks, asking the kingdom’s judicial authorities to stop legal action in the case.
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Publish Date: 03/August/2021 | 13:26

Central Bank of Iran’s Monthly Survey of Tehran’s Housing Market

EghtesadOnline: A total of 5,071 homes were sold in Tehran during the fourth month of the current fiscal year (June 22-July 22), registering a decrease of 0.6% and 63.9% compared with the preceding month and the same month of last year.
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Publish Date: 02/August/2021 | 14:07

Banks Will Raise Credit Card Ceiling

EghtesadOnline: The Central Bank of Iran on Sunday increased the credit card limit by four times allowing banks to offer up to 2 billion rials ($8,000) in credit.
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Publish Date: 02/August/2021 | 14:03

Leader Grants Clemency to Over 2,800 Inmates

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei approved a proposal by Iran’s top judge to pardon or commute the prison terms of 2,825 convicts found guilty by various Iranian courts.
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Publish Date: 01/August/2021 | 24:30

Comprehensive Iran-Syria Deal to Take Effect Soon

EghtesadOnline: Iranian Parliament Speaker Mohammad Baqer Qalibaf underlined plans for the implementation of a wide-ranging agreement with Syria within the next three months.
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Publish Date: 01/August/2021 | 24:28

NIDC Conducts 28 Drilling, Repair Operations Nationwide

EghtesadOnline: The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, has drilled 28 offshore and onshore oil and gas wells (22,000 meters) nationwide since the beginning of the current fiscal year (March 2021-22), a deputy manager at the company said.
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Publish Date: 01/August/2021 | 24:27

Q1 Labor Force Participation Rate at 41.4%: SCI

EghtesadOnline: The Statistical Center of Iran has put the Q1 (March 21-June 21) labor force participation rate — the proportion of the population of ages 15 and above that is economically active either employed or looking for a job — at 41.4% or 25.96 million people, registering a 0.4% increase year-on-year.
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Publish Date: 01/August/2021 | 24:23

Qasr-e Shirin Agro Exports Earn $55m in Q1

EghtesadOnline: Iran’s agricultural exports to Iran and the Iraqi Kurdistan Region through Qasr-e Shirin County located in the western Kermanshah Province stood at 211,613 tons worth 13,950 billion rials ($55.8 million) in the first quarter of the current fiscal year (March 21-June 21), registering a 1.4% decline in terms of weight and an 87% growth in terms of value.
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Publish Date: 01/August/2021 | 24:21

Industrial Investment Landscape Swayed by Permits

EghtesadOnline: A total of 1.31 quadrillion rials ($5.03 billion) worth of investment were made in industrial units for which establishment permits were issued, while projects with operating licenses are estimated to have attracted close to 112.84 trillion rials ($431.51 million) in the first two months of the current Iranian year (March 21-April 21).
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Publish Date: 01/August/2021 | 24:20

Upswing in Iran Auto Output

EghtesadOnline: Iran’s automotive output increased by 9.75% during the first four months of the current Iranian year (March 21-July 22) compared with the year-ago period.
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Publish Date: 01/August/2021 | 24:18

Medical Community Warns of Grave Situation as Delta Variant Sweeps Iran

EghtesadOnline: In a letter addressed to President Hassan Rouhani, head of 65 medical universities across the country warned about overwhelmed hospitals and overburdened health personnel as the highly contagious Delta variant of coronavirus rapidly spreads.
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Publish Date: 01/August/2021 | 24:15

Iran's Foreign Trade Hit $29 Billion

EghtesadOnline: Iran traded 50.8 million tons of non-oil goods worth $29 billion with other countries during the first four months of the current fiscal year (March 21-July 22), indicating an increase of 21% in weight and 47% in value compared with the corresponding period of last year.
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Publish Date: 01/August/2021 | 24:10

Central Bank of Iran’s Monthly Survey of Tehran’s Housing Market

EghtesadOnline: A total of 5,071 homes were sold in Tehran during the fourth month of the current fiscal year (June 22-July 22), registering a decrease of 0.6% and 63.9% compared with the preceding month and the same month of last year.
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Publish Date: 01/August/2021 | 24:08

Assad: Iran a Key Partner for Syria

EghtesadOnline: Praising Iran as a “key partner” for Syria, the Arab country’s president said the two nations will continue combating terrorism until the ultimate defeat of terrorist organizations.
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Publish Date: 31/July/2021 | 14:43

No Oil Derivative Imports in 2020

EghtesadOnline: The National Iranian Oil Company imported $2.7 billion worth of petroleum products, including gasoline and diesel, in 2017, but as local refineries boosted output, the imports followed a downtrend and reached zero in 2020.
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Publish Date: 31/July/2021 | 14:20

Hostile Plots to Disintegrate Iranian Society Neutralized

EghtesadOnline: Effective decisions made by the government’s economic coordination headquarters could foil enemy plots to disintegrate the Iranian society, according to President Hassan Rouhani.
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Publish Date: 28/July/2021 | 15:32

Iran Reports Daily Record of 31,000 Covid-19 Infections

EghtesadOnline: Iran’s tally of daily coronavirus cases hit new highs on Monday amid the fifth wave of the outbreak with the Health Ministry logging a record 31,800 infections and a two-month high of over 300 deaths.
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Publish Date: 27/July/2021 | 19:22

Iran Concerned Over Illegal Entry of Chinese Cryptominers

EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) has warned the Central Taskforce to Combat Smuggling of Goods and Foreign Currency about a possible flood of Chinese cryptominers in Iran, as the Beijing government continues its crackdown on miners of the digital currency.
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Publish Date: 27/July/2021 | 19:21