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Nomadic Meat Production Reaches Record High

EghtesadOnline: Nomads have produced a record high of 200,000 tons of red meat in the current Iranian year (started March 19, 2020), which account for 25% of Iran’s total red meat output, the head of Nomadic Affairs Organization said.
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Publish Date: 09/February/2021 | 20:18

Overall PMI Increases for Three Consecutive Months

EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s economy settled at 48.83 in the month ending Jan. 19 from 47.77 in the month ending Dec. 20, 2020, indicating 1.06-point or 2.22% improvement.
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Publish Date: 08/February/2021 | 14:14

Monthly Rise in Electronic Transactions

EghtesadOnline: Shaparak, Iran’s payment settlement network, processed 2.79 billion transactions worth 4,562.46 trillion rials ($19.01 billion) in the month ending Jan. 19.
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Publish Date: 08/February/2021 | 14:07

Trade With Turkey Tops $3.4b

EghtesadOnline: Iran and Turkey traded $3.43 billion worth of goods in 2020 to register a decline of 45.82% compared with 2019.
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Publish Date: 08/February/2021 | 14:04

IMF Says Processing Iran’s $5 Billion Loan Request

EghtesadOnline: The International Monetary Fund says it is processing Iran’s $5 billion loan request submitted in March to the global crisis lender, said Jihad Azour, the IMF’s director of the Middle East and Central Asia Department.
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Publish Date: 07/February/2021 | 16:53

Iran-Iraq Strong Ties Ensure Regional Security, Stability

EghtesadOnline: President Hassan Rouhani said Iran strongly rejects any foreign intervention in Iraq’s internal affairs, stressing that the two countries’ strong relations guarantee regional security and stability.
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Publish Date: 06/February/2021 | 13:47

Not Up to US to Assess Iran’s JCPOA Compliance

EghtesadOnline: Iran’s permanent mission to the United Nations said the US is no longer a participant to the 2015 nuclear deal, so it is in no position to comment on Tehran’s compliance with its obligations under the accord.
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Publish Date: 06/February/2021 | 13:45

Spinning Mills Operating at Full Capacity Because of High Demand

EghtesadOnline: Iran’s spinning factories are operating at full capacity, as the capacity of cotton mills increased by 47,000-48,000 tons last fiscal year (March 2019-20), the director general of the Ministry of Industries, Mining and Trade’s Textile and Clothing Department said.
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Publish Date: 06/February/2021 | 13:40

More Advanced Centrifuges Installed at Nuclear Sites

EghtesadOnline: Iran’s ambassador to the International Atomic Energy Agency said new cascades of advanced centrifuges have been installed at the nuclear sites of Natanz and Fordow to increase enrichment capacity.
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Publish Date: 04/February/2021 | 17:16

New Move to Secure Iran’s Share of Helmand Water

EghtesadOnline: Iran and Afghanistan signed an agreement in Zabol in southeastern Sistan-Baluchestan Province on Tuesday to reconfirm Iran’s full share of water from Hirmand (aka Helmand) River after half a century, head of the Energy Ministry’s Department of Border Rivers and Joint Water Resources said.
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Publish Date: 04/February/2021 | 17:08

Skills Building Courses for 63.5K Soldiers

EghtesadOnline: Iran’s Technical and Vocational Training Organization conducted skills building courses for 63,507 soldiers during the nine months to Dec. 20, 2020, Habib Erfan-Manesh, an official with the organization, said.
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Publish Date: 04/February/2021 | 17:04

170% Rise in Exports From Khorramshahr Port

EghtesadOnline: Atotal of $493 million worth of non-oil commodities have been exported from the southern Khorramshahr Port since the beginning of the current Iranian year on March 20, 2020, showing a 170% upsurge compared with the similar period of last year, the manager of Exports Expansion Bureau with Arvand Free Trade Zone said on Monday.
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Publish Date: 04/February/2021 | 17:03

Warehousing Tariffs to Increase Exponentially

EghtesadOnline: The Supreme Council of Iran Transport approved the exponential calculation of warehousing tariffs for imported goods parked at Iranian ports for more than 30 days.
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Publish Date: 04/February/2021 | 17:01

Iran Looks to Boost Economic Ties With Azerbaijan

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Trade is scheduled to hold a videoconference forum titled “Iran-Azerbaijan Republic Commercial Capacities and Opportunities” in Tehran on Feb. 6.
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Publish Date: 04/February/2021 | 16:12

CBI Throwing Auto Industry Lifeline Worth $612 Million

EghtesadOnline: The Central Bank of Iran has allocated 150 trillion rials ($612.24 million) in aid packages and loans to the auto sector to help bolster productivity and localization efforts, the CBI chief said.
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Publish Date: 04/February/2021 | 16:11