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Iran, UK Renew Trade Commitments

EghtesadOnline: High-level trade representatives of Iran and the UK met on Monday in Tehran and reiterated their commitment to boost bilateral ties in the face of returning US sanctions.
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Publish Date: 26/September/2018 | 06:47

Iranian Banks Lend $16.8 Billion in 5 Months

EghtesdaOnline: Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of Iran said.
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Publish Date: 25/September/2018 | 06:08

Iran Steel Exports Rise 27% to Over 4m Tons: ISPA (Mar-Aug, 2018)

EghtesadOnline: A total of 4.13 million tons of finished and semi-finished steel products were exported from Iran during the first five months of the current fiscal year (March 21-Aug. 22) to register a 27.72% year-on-year growth, the Iranian Steel Producers Association announced.
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Publish Date: 25/September/2018 | 06:07

Iran's Trade With Japan Surpasses $400m

EghtesadOnline: Iran traded 343,170 tons of non-oil commodities worth $408.18 million with Japan during the first five months of the current fiscal year (March 21-Aug. 22).
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Publish Date: 25/September/2018 | 06:04

Iran: Q1 Land, Home, Rent Prices Rise

EghtesadOnline: The Statistical Center of Iran has published its latest report on the state of home and land prices in addition to rents, which indicates all have significantly increased across urban areas in the country during the first quarter of the current fiscal year that ended on June 21.
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Publish Date: 25/September/2018 | 06:03

Iran's Trade With Italy Tops $590m

EghtesadOnline: Iran traded 389,963 tons of non-oil commodities worth $594.82 million with Italy during the first five months of the current fiscal year (March 21-Aug. 22), registering a 32.03% growth in tonnage and 15.42% decline in value compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 24/September/2018 | 05:51

SCI Puts Iran's YOY Inflation at 25.7%

EghtesadOnline: The goods and services Consumer Price Index for the month ending Sept. 22, which marks the end of the Iranian month of Shahrivar, registered a year-on-year increase of 25.7% compared with the similar month of last year, according to the Statistical Center of Iran's latest report.
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Publish Date: 24/September/2018 | 05:48

Main Reasons Leading to Frictional Unemployment

EghtesadOnline: Out of 3.2 million unemployed people in the fiscal 2017-18, about 1.8 million or more than 56% experienced frictional unemployment (those who were not working because they were in between jobs or formerly employed).
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Publish Date: 24/September/2018 | 05:42

IRICA: Gold, Forex Imports Not Smuggling

EghtesadOnline: The import of foreign currency does not amount to smuggling and their import, as well as those of gold, is permitted without restriction, a directive issued to all customs offices across the country by the Islamic Republic of Iran Customs Administration on Tuesday reads.
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Publish Date: 23/September/2018 | 13:17

SCI Puts Iran's Q1 Growth at 1.7%

EghtesadOnline: Iran's economy grew 1.7% during the first quarter of the current fiscal year (March 21-June 21) compared with last year's corresponding period, the Statistical Center of Iran said it its latest report.
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Publish Date: 23/September/2018 | 13:16

Chocolate Imports at $1.11m in Four Months

EghtesadOnline: More than 296 tons of chocolate worth $1.11 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22), data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 23/September/2018 | 13:15

Gov’t Buys 4% More Fresh Tea Leaves

EghtesadOnline: Around 101,000 tons of fresh tea leaves worth 2.01 trillion rials ($17.1 million) have been purchased from local farmers since the beginning of the current Iranian year on March 21, registering a 4% increase compared with the similar period of last year, the head of Iran Tea Organization said.
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Publish Date: 23/September/2018 | 13:13

Iran's Trade With Oman Rises 126%

EghtesadOnlinbe: Iran traded 1.36 million tons of non-oil commodities worth $659.80 million with Oman during the first five months of the current fiscal year (March 21-Aug. 22).
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Publish Date: 23/September/2018 | 13:12

Seven Deputy Industries Ministers Resign

EghtesadOnline: Seven deputy industries, mining and trade ministers have offered their resignation in a show of support for the so-called “law banning the reemployment of retired public employees”, which includes senior officials, provincial governors, ambassadors and deputy ministers.
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Publish Date: 23/September/2018 | 13:09