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Iran's Q3 Exports to EU Rise 51% YOY

EghtesadOnline: Iran and 27 members of the European Union traded €1.06 billion worth of goods during the third quarter of 2020, to post a 21% decline compared with the previous year's corresponding period.
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Publish Date: 07/January/2021 | 15:38

Tavanir: Power Cuts Likely

EghtesadOnline: The state-run Iran Power Generation, Distribution and Transmission Company (Tavanir) says the national grid cannot take loads higher than 40 gigawatts in winter.
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Publish Date: 06/January/2021 | 19:31

Isfahan: Iran’s Turkey Meat Production Hub

EghtesadOnline: Isfahan Province produces 11,000 tons of turkey meat every year, which accounts for 40% of Iran’s total production.
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Publish Date: 06/January/2021 | 19:30

65K Tons of Eggs Exported in Nine Months

EghtesadOnline: A total of 65,000 tons of eggs were exported from Iran during the nine months to Dec. 20, 2020, says Hedayat Asghari, the head of Iran's Egg Producers Union.
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Publish Date: 05/January/2021 | 19:16

1,170 SMEs Revived Since March

EghtesadOnline: A total of 1,170 industrial units located in Iran’s industrial parks and estates have been revived since the beginning of the current fiscal year (March 20, 2020), the deputy head of Iran Small Industries and Industrial Parks Organization said.
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Publish Date: 05/January/2021 | 19:15

Retail PMI Gets Monthly Boost

EghtesadOnline: Iran’s Retail Purchasing Managers Index stood at 35.71 in the month ending Nov. 20 to register a 6% improvement compared with the previous month’s reading of 33.69, according to the Economy and Planning Department of Iran Chamber of Guilds’ latest report.
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Publish Date: 05/January/2021 | 19:14

Airlines Call for Lifting Cap on Passenger Capacity

EghtesadOnline: The Association of Iranian Airlines has sent a letter to President Hassan Rouhani seeking the termination of airlines’ obligation to sell tickets only up to 60% of planes’ total seating capacity for domestic flights.
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Publish Date: 05/January/2021 | 19:13

NICICO Q1-3 Sales Rise by 93% to Hit All-Time High of $1 Billion

EghtesadOnline: The National Iranian Copper Industries Company's sales reached a record high of 279.72 trillion rials ($1 billion) in the first three quarters of the current Iranian year (March 20-Dec. 21), the company’s managing director said.
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Publish Date: 05/January/2021 | 18:57

Q1-3 Exports to Iraq Hit $5.9b

EghtesadOnline: Iran exported 20.8 million tons of goods worth $5.9 billion to Iraq during the first nine months of the current Iranian year (March 20-Dec. 20, 2020), registering a 15% decline in value compared with the similar period of last year.
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Publish Date: 04/January/2021 | 18:36

Passenger Traffic Declines by 85% in Eight Months

EghtesadOnline: Atotal of 2,374,344 passengers (2,105,375 Iranians and 268,969 foreign nationals) arrived in Iran during the eight months to Nov. 20, indicating an 85.35% decline compared with the corresponding period of last year, says Arezoo Ghanniyun, an official with the Islamic Republic of Iran Customs Administration.
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Publish Date: 04/January/2021 | 18:35

Bond Buyers Skeptical

EghtesadOnline: The weekly bond auction held by the Central Bank of Iran tumbled on Tuesday after doing relatively well last week.
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Publish Date: 01/January/2021 | 17:30

Iran Covid-19 Fatalities Top 55,000

EghtesadOnline: The daily death toll of 149 was reported by Iran’s Health Ministry on Wednesday, taking the national fatality rate past the 55,000 mark.
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Publish Date: 01/January/2021 | 16:39

43% of Houses in Iran Built Without Skeletal Structures

EghtesadOnline: Ten million out of 23 million residential buildings in Iran do not have skeletal frames, which accommodate between 30-35 million people, says the head of Engineering Seismology Department at Road, Housing and Urban Development Research Center.
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Publish Date: 27/December/2020 | 17:03

IranAir Refunds $1.2m Over Flight Cancellations

EghtesadOnline: Iran’s flag carrier, IranAir, has returned a total of 316.44 billion rials ($1.2 million) to customers over the cancellation of Covid-related flights, since the beginning of the current fiscal year (March 20).
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Publish Date: 27/December/2020 | 16:55

Official Warns Against Mask Smuggling From China

EghtesadOnline: Field reports show facemasks from China are being smuggled into Iran via ports of entry such as Bandar Genaveh in the southern province of Bushehr and sold on social media like Telegram channels, a member of the oversight board of guild organizations said in a letter to Industries Minister Alireza Razm-Hosseini.
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Publish Date: 26/December/2020 | 14:33