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$4.4m Worth of Smuggled, Expired goods Destroyed Since March

EghtesadOnline: Since March 21, the Organization for Collection and Sales of State-Owned Properties of Iran has destroyed 500 billion rials ($4.4 million) worth of expired or smuggled goods, Jamshid Qosourian, the head of the organization, said on Friday.
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Publish Date: 10/November/2019 | 24:16

SALCO's New Aluminum Ingot Production Line to Come on Stream

EghtesadOnline: South Aluminum Corporation (SALCO) located in Lamerd, capital of Lamerd County in Fars Province, will begin the production of 100,000 tons of aluminum ingots per year as of the next Iranian month (Nov. 22-Dec. 21).
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Publish Date: 09/November/2019 | 13:41

Multinational Firm Opens Production Line in Qazvin

EghtesadOnline: The Anglo-Dutch multinational company Unilever has launched the production line of hand wash detergent and shampoo in Alborz Industrial Town in Qazvin Province on Sunday.
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Publish Date: 09/November/2019 | 13:27

No Roadmap for Export of Engineering, Tech Services

EghtesadOnline: Lack of a roadmap for long-term engineering services’ export has hurt domestic businesses in this sector over the past few years, vice president of Iran Electrical Industry Syndicate said.
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Publish Date: 09/November/2019 | 13:25

Banks Face Limits in Boosting Capital

EghtesadOnline: Banks and credit institutions in Iran are facing a myriad of challenges including cumbersome regulations and technical issues to boost capital through revaluation of their assets, a senior banking official said.
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Publish Date: 09/November/2019 | 13:18

Risk of Avian Flu Outbreak Looms Amid Raining Season

EghtesadOnline: Abundant rainfall in Iran this year has increased the risk of the deadly avian flu outbreak in chicken farms, says the head of Iran Veterinary Organization, Alireza Rafieipour.
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Publish Date: 09/November/2019 | 13:14

Semnan Province Exports Up 51% in Seven Months

EghtesadOnline: A total of 155,000 tons of goods worth $136 million were exported from Semnan Province during the seven months to Oct. 22, registering a 51% increase in value compared to last year’s corresponding period.
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Publish Date: 09/November/2019 | 13:11

Registration for Gov’t-Funded Housing Project Postponed

EghtesadOnline: The registration for government-sponsored housing development project, the so-called "National Housing Initiative", has been postponed to Nov. 9 because of the public holiday on Nov. 6.
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Publish Date: 09/November/2019 | 13:10

Britain Exploring Ways of Mitigating Iran's Economic Situation

EghtesadOnline: Although the effects of American sanctions on Iran's economy cannot be negated, Britain is cooperating with Tehran in good faith to find ways to mitigate the situation, a British diplomat said.
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Publish Date: 04/November/2019 | 07:59

22% Decline in Q2 Red Meat Production

EghtesadOnline: A total of 77,000 tons of red meat were produced in Iran during the second quarter of the current fiscal year (June 22-Sept. 22) to register a 22% decline compared with the similar period of the year before.
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Publish Date: 04/November/2019 | 07:49

Belgian Delegation to Visit Tehran

EghtesadOnline: A business delegation from Wallonia, Belgium, is expected to visit Tehran to hold a conference and meet Iranian economic players on Nov. 30.
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Publish Date: 04/November/2019 | 07:48

TCCIM to Host Business Forum With Armenia

EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture will host a joint business conference with Armenia on Nov. 25.
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Publish Date: 04/November/2019 | 07:47

SCI Examines Producer Price Changes in Services Sector

EghtesadOnline: The overall Producer Price Index for the services sector (using 2011 as the base year) stood at 373.1 in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 7.3% increase compared with the preceding quarter and a 30.9% rise compared with the same quarter of last year.
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Publish Date: 04/November/2019 | 07:46

SCI Reviews Latest Price Changes in Food Products

EghtesadOnline: The biggest month-on-month price rise for a food item during the month ending Oct. 22 was 27.7% recorded for cucumbers, such that 1 kilogram was sold at 54,389 rials (48 cents).
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Publish Date: 03/November/2019 | 10:47

Tehran-Karaj Metro Reaching Hashtgerd

EghtesadOnline: Hashtgerd Metro Station, an extension of Tehran-Karaj intercity subway’s Line 5, is to be launched in two weeks.
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Publish Date: 03/November/2019 | 10:42

Noticeable Decline in CNG Consumption in Iran

EghtesadOnline: Compressed natural gas consumption has declined 15% since May when prices rose by 10%, head of the Iran CNG Association said.
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Publish Date: 03/November/2019 | 10:39

Refrigerated Warehouses’ Capacity Exceeds 5m Tons

EghtesadOnline: Refrigerated warehouses’ capacity in Iran has increased from 25 kilograms per capita in the fiscal 2012-13 to 65 kilograms per capita in the current year (March 2019-20), according to Changiz Esfandiari, the director general of Food Processing Industries Department of Agriculture Ministry.
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Publish Date: 03/November/2019 | 10:33

Tehran Municipality to Launch 14-Km Biking Lane

EghtesadOnline: Tehran Municipality is planning to launch a 14-kilometer biking lane in the capital's District 2, connecting Fadak, Iran Zamin and Pardisan parks.
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Publish Date: 02/November/2019 | 11:39

Tech Tower Planned in Bushehr

EghtesadOnline: The southern Iranian port city of Bushehr will house a technology tower by February 2020, as part of the tech authorities' joint efforts to support startups and knowledge-based companies.
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Publish Date: 02/November/2019 | 11:34

ICCIMA Plans Business Delegation to Pakistan

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture plans to send a business delegation headed by the chamber’s president, Gholamreza Shafei, to Karachi in Pakistan.
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Publish Date: 02/November/2019 | 11:19