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MPs Visit Nagorno-Karabakh Border

EghtesadOnline: A group of Iran ian lawmakers paid a visit to the country’s border areas near the Nagorno-Karabakh region, where fighting has broken out between Armenia and the Republic of Azerbaijan since last week.
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Publish Date:06/October/2020 | 20:24

Iran H1 Auto Output Rises 10%

EghtesadOnline: Iran ’s automotive output increased by more than 10% during the first half of the current Iran ian year (March 20-Sept. 21) compared with the year-ago period.
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Publish Date:06/October/2020 | 20:13

SMEs Exports Rise to $1.7b

EghtesadOnline: Small- and medium-sized businesses, affiliated with Iran Small Industries and Industrial Parks Organization, exported $1.74 billion worth of goods during the first half of the current Iran ian year (March 20-Sept. 21) to register a 16.7% growth compared with the similar period of last year.
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Publish Date:06/October/2020 | 20:09

Cement Export Declines While That of Clinker Rises

EghtesadOnline: As of March 2018, Iraq used to be the main export destination of Iran ian cement, but it is more than a year now since the neighboring country suspended imports of this construction material from Iran .
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Publish Date:06/October/2020 | 20:08

NICICO Sales Grow 61% YOY to Over $560 Million in 6 Months

EghtesadOnline: The National Iran ian Copper Industries Company’s sales stood at 161.95 trillion rials ($568 million) during the first six months of the current Iran ian year (March 20-Sept. 21), according to the company’s managing director.
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Publish Date:06/October/2020 | 20:06

Covid-19 Cases Hit Single-Day Record

EghtesadOnline: Iran registered its biggest single-day spike in coronavirus cases on Monday with 3,900 new infections, as overnight deaths touched late July’s record high of 235.
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Publish Date:06/October/2020 | 13:40

Forex Back on Fast Track in Iran

EghtesadOnline: Foreign exchange rates in Iran ’s free market climbed again on Monday after a lull in the past two sessions as the US dollar clawed back losses in previous trade.
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Publish Date:06/October/2020 | 13:38

Rial Gains Against Major Currencies

EghtesadOnline: Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank of Iran .
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Publish Date:05/October/2020 | 13:18

Parsian Bank, EGFI Agree to Finance Non-Oil Export

EghtesadOnline: The Export Guarantee Fund of Iran , the state-owned export credit agency, and Parsian Bank signed an agreement Sunday to jointly finance and guarantee loans to exports of non-oil goods.
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Publish Date:05/October/2020 | 24:37

Desalination Still in Its Infancy

EghtesadOnline: Desalinated water accounts for a meager 0.1% of the total annual water consumption in Iran while in some neighboring countries like Saudi Arabia it is 70%.
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Publish Date:04/October/2020 | 13:07

Food Inflation Rates Surveyed

EghtesadOnline: The Statistical Center of Iran has released a new report, reviewing the price changes in 53 food items during the month ending Sept. 21–the sixth month of the current Iran ian year.
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Publish Date:04/October/2020 | 24:45

Iran ’s H1 Foreign Trade Tops $30b

EghtesadOnline: Iran ’s non-oil foreign trade stood at 62.84 million tons worth $30.34 billion during the first half of the current fiscal year (March 20-Sept. 21), indicating a 28% decline in value compared with the corresponding period of last year.
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Publish Date:04/October/2020 | 24:39

Iran -Turkey Flights Called Off Yet Again

EghtesadOnline: All flights between Iran and Turkey will be called off as of Oct. 4, based on a decision by Turkish civil aviation authority, Maqsoud Asadi-Samani, secretary of the Association of Iran ian Airlines, said on Friday.
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Publish Date:04/October/2020 | 24:38

Major PSPs Lose Market Share

EghtesadOnline: Data released by the payment network authority, Shaparak, indicate decline in the market share of leading payment companies in the fifth Iran ian month (July 22- August 21).
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Publish Date:03/October/2020 | 24:32

Russia: Snapback No Longer on UNSC Agenda

EghtesadOnline: Russian representative to the United Nations said the issue of reviving global sanctions against Iran , which have been lifted under the 2015 nuclear deal, will not be discussed at the UN Security Council any more.
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Publish Date:03/October/2020 | 24:30

Hydropower Output at 14,500 GWh

EghtesadOnline: Power production from hydropower plants reached 14,500 gigawatt hours between March 20 and September 14, director of Iran Hydroelectric Power Management Center Farbod Estiri said.
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Publish Date:03/October/2020 | 24:25

H1 Foreign Investments Hit $3.8b

EghtesadOnline: Iran attracted $3.8 billion of foreign investments during the first half of the current fiscal year (March 20-Sept. 21) for the projects approved by the Organization for Investment, Economic and Technical Assistance of Iran .
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Publish Date:03/October/2020 | 24:14

Unprecedented Growth in Population of New Towns

EghtesadOnline: Housing inflation in Iran ian metropolises has resulted in an unprecedented rate of suburbanization over the past couple of years.
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Publish Date:03/October/2020 | 24:08