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Electricity Consumption Sets Record

EghtesadOnline: Electricity consumption in Iran sets a record on Tuesday by exceeding 67,000 megawatts, spokesman of Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:12/August/2021 | 17:51

Iran 's Steel Exports Increase as Output, Imports Decline

EghtesadOnline: During the first four months of the current fiscal year (March 21-July 22), steel exports saw significant growth as imports and production declined compared with last year’s corresponding period.
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Publish Date:12/August/2021 | 17:50

H1 Trade With US Declines by 15.9%

EghtesadOnline: Iran ’s commercial transactions with the US amounted to $20.1 million during the first six months of 2021 to register a 15.9% decline compared with the corresponding period of 2020.
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Publish Date:10/August/2021 | 13:12

Iran ian Steel Mills Facing Reduction of Power Supply: Tavanir CEO Warns

EghtesadOnline: The Iran Power Generation, Distribution and Transmission Company (locally known as Tavanir) has warned that it will have to cut down on its electricity supply to steel mills, if public consumers fail to cooperate and lower their power consumption.
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Publish Date:10/August/2021 | 13:08

Iran Petrochem Revenues to Reach $21.5 Billion by March 2022

EghtesadOnline: Revenues generated by selling petrochemical products in domestic and international markets are predicted to reach $21.5 billion by the end of the current fiscal year (March 2021-22), managing director of National Petrochemical Company said.
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Publish Date:10/August/2021 | 24:56

Iran ’s Gini Index Surges

EghtesadOnline: Iran ’s Gini Index stood at 0.4006 in the last fiscal year (March 2020-21) compared with the previous year’s 0.3992, the Persian-language daily Shargh reported, citing the Statistical Center of Iran .
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Publish Date:09/August/2021 | 24:51

Iran Electricity Consumption Expected to Reach 78 Gigawatts in Five Years

EghtesadOnline: Estimates show that Iran ’s electricity consumption will be around 78,000 megawatts in the next five years, and in case the current level of electricity generation does not increase, the country will have a deficit of 18,000 MW, managing director of Iran ’s Thermal Power Plants Holding Company said.
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Publish Date:09/August/2021 | 24:50

Iran Raises Alarm at US Modernization of Nuclear Arsenal

EghtesadOnline: Iran expressed concerns about the modernization of atomic arsenal by nuclear-weapon states, especially the United States, in breach of the nuclear Non-Proliferation Treaty, urging global cooperation toward disarmament.
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Publish Date:09/August/2021 | 24:49

Daily Covid Deaths Climb Above 500

EghtesadOnline: Iran ’s daily death toll caused by Covid-19 surpassed 500 for the first time since the start of the outbreak as the highly transmissible Delta variant ravages the country.
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Publish Date:09/August/2021 | 24:43

IRISL Four-Month Revenues Up 66% YOY to $360 Million

EghtesadOnline: The Islamic Republic of Iran Shipping Lines earned about $360 million during the first four months of the current year (March 21-July 22) to register a 66% rise in revenues compared with the corresponding period of last year.
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Publish Date:08/August/2021 | 17:58

Taliban Offensive Closes Iran 's Main Trade Gateway With Afghanistan

EghtesadOnline: Due to political turmoil in Afghanistan and the Taliban’s advance to Nimruz Province neighboring Iran ’s Sistan-Baluchestan Province’s Hirmand County, Milak border crossing in this county (known as Zaranj on the Afghan side) has been temporarily closed down.
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Publish Date:08/August/2021 | 17:50

30% of Industrial Towns Inactive

EghtesadOnline: Iran has 1,011 industrial towns, of which 728 are active and about 30% are inactive.
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Publish Date:07/August/2021 | 13:49

Iran 's Trade With Neighbors Hit $10.5b

EghtesadOnline: Iran ’s trade with its 15 neighboring countries stood at $10.5 billion in the first quarter of the current fiscal year (March 21-June 21), data released by the Islamic Republic of Iran ’s Customs Administration show.
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Publish Date:07/August/2021 | 13:47

Sight Deposits Attractive Still

EghtesadOnline: Central Bank of Iran data shows despite decline in growth of sight deposits, depositors are keen about keeping their money in banks so long as term interest rates on deposits and sight deposits are attractive.
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Publish Date:07/August/2021 | 13:46

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 Iran ian 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