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Most Provinces Report Covid-19 Downtrend

EghtesadOnline: President Hassan Rouhani on Saturday announced that most provinces across Iran are reporting a decline in infections, as National Coronavirus Headquarters removed a further 22 cities from red alert, leaving only 12 on the highest alert level.
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Publish Date:13/December/2020 | 18:11

Mobarakeh Steel Company Achieves 73% Increase in Monthly Exports

EghtesadOnline: Mobarakeh Steel Company, the largest steel company in Iran and the wider Middle East and North Africa region, produced 201,429 tons and registered a 73% increase in exports during the eighth month of the current fiscal year (Oct. 22-Nov. 22).
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Publish Date:13/December/2020 | 18:09

Provincial Spending Package at $13.7b in New Fiscal Budget Bill

EghtesadOnline: The government has allocated 3,536 trillion rials ($13.7 billion) in the spending package for Iran ’s 31 provinces as per the budget bill for the next fiscal year (March 2021-22), of which 2,896 trillion rials ($11 billion) will go to the operating budget and 640 trillion rials ($2.46 billion) will be spent on development projects.
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Publish Date:13/December/2020 | 18:00

CBI Expects Lower Inflation

EghtesadOnline: Central Bank of Iran has forecast lower consumer price inflation in the coming weeks in light of relative stability in financial markets and key monetary variables.
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Publish Date:13/December/2020 | 17:58

Iran 's Non-Oil Trade With EU Declines

EghtesadOnline: Trade between Iran and 27 member states of European Union stood at $3.54 billion during the first eight months of the current Iran ian year (March 20-Nov. 20), indicating a 23.5% decline compared with the same period of last year.
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Publish Date:12/December/2020 | 20:07

Azerbaijan Determined to Expand Ties With Iran

EghtesadOnline: Azerbaijan’s Foreign Minister Jeyhun Bayramov described Iran as a friendly neighbor, reiterating the determination of top officials in Baku to expand multifaceted ties with Tehran.
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Publish Date:10/December/2020 | 17:46

Agro Exports Increase by 13% to $3.8 Billion in Eight Months

EghtesadOnline: A total of 5.45 million tons of agricultural products worth $3.84 billion were exported from Iran during the first eight months of the current Iran ian year (March 20-Nov. 20), showing a 27% and 13% growth in weight and value respectively compared with the similar period of last year, according to the technical affairs deputy with the Islamic Republic of Iran Customs Administration.
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Publish Date:10/December/2020 | 17:27

Survey Highlights Iran Tech Ecosystem’s Pros and Cons

EghtesadOnline: A large portion of Iran ian startups and knowledge-based companies are focused on information and communications technologies, Vice Presidential Office for Science and Technology’s survey showed.
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Publish Date:09/December/2020 | 16:12

Construction Sector Expands 5.4 Percent in 2nd Quarter

EghtesadOnline: The gross domestic product of Iran ’s construction sector, which is the sub-sector of “industries and mining, sans oil” group, witnessed a 5.4% expansion in the second quarter of the current year (June 21-Sept. 21) compared with the corresponding period of last year, the Statistical Center of Iran ’s latest report shows.
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Publish Date:09/December/2020 | 15:26

Lifespan of Iran ian Buildings Half That of Global Average

EghtesadOnline: Real-estate development by individuals who don’t have the expertise needed in the field has reduced the industry to jerry-building, the managing director of Maskan Investment Group, the parent company of Bank Maskan, Rouzbeh Zahiri Hashemi, said.
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Publish Date:08/December/2020 | 16:13

7% Decline in Complaints Against Goods, Service Providers

EghtesadOnline: Atotal of 20,429 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iran ian provinces during the Iran ian month ending Nov. 20, showing a 7% decline compared with the similar period of last year.
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Publish Date:08/December/2020 | 16:11

TPO Calls for Boosting Paint Exports

EghtesadOnline: The export of each ton of paint generates $2,200 on average, says an official with the Trade Promotion Organization of Iran , adding that the figure is five times higher than the average price of non-oil goods exported from Iran .
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Publish Date:07/December/2020 | 18:25

Growth in Tea Production

EghtesadOnline: A total of 133,000 tons of fresh tea leaves have been harvested in Iran in the current fiscal year (started March 20, 2020), registering close to a 5% increase compared with last year, according to the head of Iran Tea Organization.
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Publish Date:07/December/2020 | 18:19

NICICO Sales Rise 72% to $900m

EghtesadOnline: The National Iran ian Copper Industries Company's sales reached 230.85 trillion rials ($900 million) in the first eight months of the current Iran ian year (March 20-Nov. 21), said the company’s managing director, adding that the figure indicates a 72% increase compared with the same period of last year.
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Publish Date:06/December/2020 | 20:06

Oil Dependency in New Budget Is Unwarranted

EghtesadOnline: Return of normalcy to Iran ’s oil export after US president-elect Joe Biden takes office in January and eases the economic siege is way off, a deputy head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture's Exports Commission said.
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Publish Date:06/December/2020 | 19:56

Iran Achieves Non-Oil Trade Surplus in 8th Fiscal Month

EghtesadOnline: Iran ’s non-oil foreign trade reached $6.3 billion in the month ending Nov. 20 (the eighth month of the current fiscal year), according to Rouhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:06/December/2020 | 19:18

Iran ’s Annual Steelmaking Capacity Close to 40m Tons

EghtesadOnline: The annual capacity of Iran ian steel companies has reached 39.82 million tons, according to new data released by the Iran ian Mines and Mining Industries Development and Renovation Organization.
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Publish Date:06/December/2020 | 19:14