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Chicken Consumption Halved

EghtesadOnline: There has been a 50% decline in chicken consumption in Iran following the outbreak of the new coronavirus in the country, says the head of Tehran’s Union of Chicken and Fish Sellers.
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Publish Date: 14/April/2020 | 19:20

Mehran Border Crossing Closed Until April 19

EghtesadOnline: Mehran border crossing will remain closed until April 19, as per a new decision made by Iraq’s Ministry of Health and Environment.
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Publish Date: 13/April/2020 | 18:10

833,000 Tons of Essential Goods Transported During Holidays

EghtesadOnline: A total of 833,000 tons of essential goods were transported from five Iranian ports to the mainland from March 15 to April 4 by 35,000 trucks, the deputy head of Iran Road Maintenance and Transportation Organization said.
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Publish Date: 12/April/2020 | 17:55

All Exhibitions Canceled Until June 9

EghtesadOnline: International and national exhibitions will remain canceled tentatively until June 9, the CEO of Iran International Exhibitions Company said.
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Publish Date: 12/April/2020 | 17:52

Iran Invests in Nanotech Firms to Boost Fight Against COVID-19

EghtesadOnline: State-backed Iran National Innovation Fund has invested 140 billion rials ($875,000) in nanotechnology firms to boost the domestic production of health-protective items used for shielding against the novel coronavirus.
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Publish Date: 11/April/2020 | 16:42

Livestock Production at 15.5m Tons Last Year

EghtesadOnline: Livestock output in Iran reached 15.5 million tons during the last Iranian year (March 2019-20), according to the deputy agriculture minister for livestock affairs.
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Publish Date: 11/April/2020 | 16:23

Exports to Armenia Resume

EghtesadOnline: Iran has resumed exports, in a limited quantity, to Armenia via Nordouz border crossing since last week.
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Publish Date: 11/April/2020 | 16:19

IRICA Unveils Smart Customs System

EghtesadOnline: The Islamic Republic of Iran Customs Administration unveiled its smart customs system on April 7, with senior governmental officials, including First Vice President Es’haq Jahangiri, Economy Minister Farhad Dejpasand and Industries Minister Reza Rahmani, in attendance.
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Publish Date: 11/April/2020 | 16:18

Long-Awaited INSTEX Transaction Insufficient

EghtesadOnline: The first transaction conducted under the European trade mechanism to bypass American sanctions is so small that its effect on Iranian economy is insignificant, a lawmaker said.
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Publish Date: 06/April/2020 | 23:11

Contraband Worth Over $320m Seized Last Year

EghtesadOnline: About 54 trillion rials ($329 million) worth of contraband goods were confiscated by the Islamic Republic of Iran Customs Administration and other organizations fighting smuggling, including the Law Enforcement Force (police) during the last Iranian year (March 2019-20), according to IRICA’s spokesman.
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Publish Date: 06/April/2020 | 22:58

Online Spring Fairs to Run Until April 19

EghtesadOnline: Online spring fairs will continue to operate until the end of the first Iranian month on April 19 to provide essential goods amid the outbreak of the new coronavirus, said deputy minister of industries, mining and trade.
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Publish Date: 06/April/2020 | 22:57

VAT Return Deadlines Extended

EghtesadOnline: The due date for the submission of Value Added Tax returns concerning the fourth quarter of the last Iranian year (Dec. 22, 2019-March 19) has been extended to April 19, the deputy head of Iranian National Tax Administration said.
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Publish Date: 06/April/2020 | 22:55

57% Decline in Trade With Turkey

EghtesadOnline: Iran’s trade with Turkey totaled $561.37 million during the first two months of 2020 to register a decline of 57.72% compared with the corresponding month of 2019, data released by Turkish Statistical Institute show.
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Publish Date: 05/April/2020 | 19:24

Poll: Income of 70% of Tehran Residents Declines Due to COVID-19

EghtesadOnline: The coronavirus outbreak has reduced the income of 70% of households living in the capital city, an opinion poll jointly conducted by the Social and Cultural Studies Department of Tehran Municipality and the Iranian Students Polling Agency shows.
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Publish Date: 05/April/2020 | 19:23

48-Hour Quarantine of Overseas Packages

EghtesadOnline: Iran Post, the government-owned and operated corporation responsible for providing postal services in Iran, quarantines all packages received from abroad for 48 hours before delivery.
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Publish Date: 04/April/2020 | 21:42

Ethanol Import Ban Lifted Amid COVID-19 Outbreak

EghtesadOnline: The ban on ethanol imports has been lifted, according to the director general of the Ministry of Industries, Mining and Trade's Import and Export Bureau.
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Publish Date: 04/April/2020 | 21:41

Work Permits of Foreign Nat’ls Extended

EghtesadOnline: To help break the coronavirus transmission chain, the Ministry of Cooperatives, Labor and Social Welfare will automatically extend the work permits of foreign nationals in Iran.
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Publish Date: 04/April/2020 | 21:39

OPEC Fund Extends Grant to Iran

EghtesadOnline: OPEC Fund for International Development has approved $500,000 in emergency grant to purchase and distribute medical equipment needed for combating COVID-19 in Iran.
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Publish Date: 04/April/2020 | 09:16