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Auto Parts Localization Curbs Capital Flight Worth €13m

EghtesadOnline: Iran ’s major automaker Iran Khodro Company (IKCO) has slashed capital flight worth €13 million through the indigenization of auto parts production since the beginning of the current Iran ian year (March 2021).
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Publish Date:27/June/2021 | 24:54

Ten Banks Operate 78% of ATMs

EghtesadOnline: Ten big banks operated more than 47,000 automated teller machines (ATMs) in Iran by April 21, accounting for 78% of the total.
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Publish Date:27/June/2021 | 24:51

Iran Produces Russia’s Sputnik V Covid Vaccine

EghtesadOnline: Health Minister Saeed Namaki on Saturday attended the unveiling of locally-produced Sputnik V vaccines originally developed by Russia, Iran ’s latest attempt at ramping up vaccine rollout.
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Publish Date:27/June/2021 | 24:50

Growth in Apparent Steel Usage

EghtesadOnline: Iran 's apparent steel usage, defined as production plus imports minus exports, sometimes also adjusted for changes in inventories, increased during the first two months of the current Iran ian year (started March 21) compared with last year's corresponding period.
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Publish Date:27/June/2021 | 24:48

January-May Trade With China Declines 14% to $5.4 Billion

EghtesadOnline: Iran ’s commercial exchanges with its leading trading partner, China, stood at $5.49 billion in the first five months of 2021, to register a 14% decline compared with the corresponding period of 2020, the lowest in the past five years.
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Publish Date:27/June/2021 | 24:46

Bonds Fail to Provide Refuge

EghtesadOnline: The weekly government bond auctions held by the Central Bank of Iran again failed to attract buyers this week.
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Publish Date:27/June/2021 | 06:53

Gov’t Increases Green Tea Purchase From Local Farmers

EghtesadOnline: A total of 62,325 tons of green tea leaves have been purchased by the government from local farmers so far this year, showing a 10% rise compared with the similar period of last year, the head of Iran Tea Organization said on Wednesday.
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Publish Date:27/June/2021 | 06:22

Steel Output Increases by 9.2% to 12.5 Million Tons

EghtesadOnline: Iran ian steel mills produced a total of 12.5 million tons of crude steel in the first five months of 2021, which indicate a 9.2% rise compared with the corresponding period in 2020.
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Publish Date:27/June/2021 | 06:15

Trade With EEU Hit $380m

EghtesadOnline: Iran and the Eurasian Economic Union traded $380 million worth of goods during the first two months of the current Iran ian year (March 21-May 21).
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Publish Date:27/June/2021 | 06:11

Customs Data Show Iran ’s Foreign Trade Recovery

EghtesadOnline: New figures released by Islamic Republic of Iran Customs Administration show Iran ’s non-oil foreign trade is recovering from a decline in the last fiscal year (ended March 2021).
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Publish Date:27/June/2021 | 06:10

Iran 's Trade With Neighbors Tops $2 Billion

EghtesadOnline: Iran traded $2.18 billion with its 15 neighboring countries in the first month of the current fiscal year (March 21-April 20) to register an 18% growth compared with the same period of last year.
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Publish Date:26/May/2021 | 24:10

Iran Government to Divest Assets Worth $4.5b

EghtesadOnline: The government intends to sell property and shares in state companies worth 1,000 trillion rials ($4.5 billion) in fiscal March 2021-22, the economy minister said.
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Publish Date:26/May/2021 | 24:09

Annualized Inflation Hit 41%

EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending May 21, which marks the end of the second Iran ian month of fiscal 2021-22, increased by 41% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.
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Publish Date:24/May/2021 | 24:54

One-Month Extension of Monitoring Deal With IAEA Possible

EghtesadOnline: Iran ’s three-month deadline for restricting international monitoring of its nuclear sites could be extended “conditionally” by one month, according to an informed official at the Supreme National Security Council’s secretariat.
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Publish Date:24/May/2021 | 24:37

Iran 's Steel Output Gains 9.6%

EghtesadOnline: Iran ian steel mills produced 10 million tons of crude steel in the first four months of 2021, which indicate a 9.6% rise compared with 2020.
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Publish Date:24/May/2021 | 24:23

Plan to Inaugurate 440 Km of Freeways by March 2022

EghtesadOnline: The government plans to inaugurate 440 kilometers of freeways by the end of the current Iran ian year (March 20, 2022), according to a deputy minister of roads and urban development.
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Publish Date:23/May/2021 | 13:32

Iran ’s Population Aging

EghtesadOnline: The number of older persons in the world is growing faster than the number of people in all younger age groups and Iran is no exception.
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Publish Date:23/May/2021 | 13:30