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Construction Material Exports at $620 Million in Fiscal 2019-20

EghtesadOnline: A total of $620 million worth of construction materials were exported from Iran during the last fiscal year (March 2019-20), according to the director general of Trade Promotion Organization of Iran 's Arab and African Countries Division.
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Publish Date:03/October/2020 | 24:06

CBI Says Tamed Monetary Base Growth

EghtesadOnline: The Central Bank of Iran says its efforts have delivered in curbing growth of the monetary base during the first six months of current fiscal year (March 20-Sep 21).
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Publish Date:03/October/2020 | 11:58

Annual Crude, Petroleum Product Transfer Reaches 128 Billion Liters

EghtesadOnline: An estimated 350 million liters of oil and oil byproducts were supplied daily via pipelines in 2019, indicating a 65% rise over the last 40 years, managing director of the Iran ian Oil Pipeline and Telecommunications Company said.
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Publish Date:01/October/2020 | 15:47

Rise in Hendijan Oil Field Production

EghtesadOnline: The wellhead Platform 7 of Hendijan Oil Field in the Persian Gulf was installed late on Monday, managing director of Iran ian Offshore Oil Company, operator of the field, said.
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Publish Date:01/October/2020 | 15:43

Stone, Gypsum, Sand and Gravel Exports at $1.3b in 5 Months

EghtesadOnline: A total of 2.46 million tons of stones, gypsum, sand and gravel worth $1.3 billion were exported from Iran in the first five months of the current Iran ian year (March 20-Aug. 21).
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Publish Date:01/October/2020 | 15:30

Auto Parts Localization Prevents Capital Flight Worth Over €130m

EghtesadOnline: Major Iran ian carmaker Iran Khodro Company (IKCO) has curbed capital flight to the tune of €137 million through the localization of 54 auto parts in the first six months of the current Iran ian year (March 20- Sept. 21), a senior company official said.
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Publish Date:01/October/2020 | 15:20

21 Iran ian Ports Handle Over 58 Million Tons of Goods in H1

EghtesadOnline: Iran ’s 21 major commercial ports handled 58.44 million tons of commodities during the first half of the current Iran ian year (March 20-Sept. 21) to register a 25.4% decline compared with the similar period of last year.
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Publish Date:01/October/2020 | 15:13

Europe Failed to Support Iran ’s IMF Loan Request

EghtesadOnline: President Hassan Rouhani told Germany’s new ambassador on Tuesday said that Iran expected the three European Union countries signatory to the landmark nuclear deal to support its loan request from the International Monetary Fund.
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Publish Date:01/October/2020 | 15:10

Iran Fuel Demand Sees Record Plunge

EghtesadOnline: Demand for gasoline fell by 24% between May and August compared to the corresponding period last year, head of the Gasoline Station Owners' Association (GSOA) said.
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Publish Date:30/September/2020 | 14:26

Power Industry Future at Risk

EghtesadOnline: Iran ’s power industry has not developed as would have been expected in the last eight years, head of the Federation of Iran ian Energy Exports Industries said.
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Publish Date:30/September/2020 | 14:24

Need for Serious Intervention to Counter Covid-19

EghtesadOnline: An official with Iran ’s Health Ministry has called for serious intervention by authorities to curb coronavirus transmissions, as the country’s large cities reported a third wave of infections.
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Publish Date:30/September/2020 | 14:08

No Talks With US Now or Later

EghtesadOnline: No negotiations are underway between Iran and the United States, and there will be no such dialogue in the future, a senior Iran ian diplomat said in response to a report about secret talks between the two countries.
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Publish Date:29/September/2020 | 14:43

Viral Spread Ups Gas Consumption

EghtesadOnline: Covid-19 pandemic has raised natural gas consumption in the household sector by 30 million cubic meters per day over the past six months compared to a year ago, head of the National Iran ian Gas Company Dispatching Department said.
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Publish Date:29/September/2020 | 14:37

Rich-Poor Inflation Gap at 6.5%

EghtesadOnline: The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 6.5% in the sixth Iran ian month (Aug. 22-Sept. 21), indicating a 1.1 percentage point increase compared with the previous month.
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Publish Date:29/September/2020 | 14:35

Direct Investment Seen as a Bane of the Share Market

EghtesadOnline: Iran ians usually opt for investing directly in the stock market and are less inclined to let investment funds or asset managers to trade on their behalf. In most countries the opposite is the norm.
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Publish Date:29/September/2020 | 14:19

Forex Rates and Gold Climb

EghtesadOnline: Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market.
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Publish Date:29/September/2020 | 14:17