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Contraband Cosmetics, Toiletries Flooding Domestic Market

EghtesadOnline: Contraband cosmetics and toiletries currently account for 70% of the Iran ian market, which a direct result of the government’s ban on imports of these products since May 2019, a member of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date:21/September/2020 | 14:18

Electronic Payments Costlier Than Cash

EghtesadOnline: A recent study conducted by Pulse Ware Company and University of Tehran academics shows that costs of circulating banknotes is still lower than the electronic payment fees, despite claims to the contrary by the Central Bank of Iran .
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Publish Date:21/September/2020 | 14:14

Security Chief Vows Firm Response to Any Aggression

EghtesadOnline: Iran ’s security chief strongly reacted to US President Donald Trump’s recent threat, saying aggressive forces will be "sent to the cemetery", should they dare launch any military adventurism against the country.
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Publish Date:20/September/2020 | 11:54

Higher Insurance Cover for Exporters

EghtesadOnline: The Export Guarantee Fund of Iran , the main export credit agency, says it doubled credit and insurance services to exporters in the first five months of the current fiscal year (March 20- August 21).
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Publish Date:20/September/2020 | 11:40

Credit Card Share Lingers

EghtesadOnline: More than 206,000 credit cards were used in the fifth month of the Iran ian fiscal year that started in March -- a growth of 8.3% compared with the month before.
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Publish Date:20/September/2020 | 11:38

Daily Gas Supply at 870 mcm

EghtesadOnline: Daily gas transmission capacity has reached 870 million cubic meters, managing director of the Iran ian Gas Transmission Company said.
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Publish Date:19/September/2020 | 24:49

Steel Exports Down 28% YOY to 2.9 Million Tons in 5 Months

EghtesadOnline: More than 2.98 million tons of finished and semi-finished steel products were exported from Iran during the first five months of the current Iran ian year (March 20-Aug. 21), registering a 28.15% decrease compared with the similar period of last year, according to the Iran ian Steel Producers Association's latest report.
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Publish Date:19/September/2020 | 24:17

BSI Investment Arm to Go Public

EghtesadOnline: Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran , plans to offer on Sunday 20% of its shares in Iran Fara Bourse, the junior equity market.
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Publish Date:19/September/2020 | 24:15

IME Deals Earn $960m in 1 Month

EghtesadOnline: Goods worth 243.4 trillion rials ($960 million) were traded at Iran Mercantile Exchange during the month to Sept 13.
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Publish Date:19/September/2020 | 24:13

Hemmati Blames US Plots for Steep Increase in Forex Rates

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati reiterated that fluctuations in the foreign exchange market is linked more to external and less to economic factors.
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Publish Date:19/September/2020 | 24:11

SCI Scrutinizes Iran ian Urban Real-Estate Deals in 3 Months

EghtesadOnline: Statistical Center of Iran has published its latest report on home and land prices as well as rents in Iran 's urban areas during the first quarter of the current fiscal year (March 20-June 20), the spring season of the fiscal 2020-21.
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Publish Date:19/September/2020 | 24:07

Virus Resurgence in Most Provinces

EghtesadOnline: A majority of Iran ’s 31 provinces are once again registering a rise in coronavirus cases, the Health Ministry said, only weeks after the country passed the peak of a second wave.
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Publish Date:17/September/2020 | 20:41

Iran 's Q1 GDP Shrank by 2.8%

EghtesadOnline: Iran 's gross domestic product contracted by 2.8% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, Governor of the Central Bank of Iran Abdolnasser Hemmati said.
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Publish Date:17/September/2020 | 20:39

Bandar Abbas Power Plant Lacks Sufficient Gas Supply

EghtesadOnline: While most power plants in Iran use gas to generate electricity, Bandar Abbas Thermal Power Station is among the few still using mazut as the main feedstock and is a major source of air pollution in the capital of southern Hormozgan Province, director general of Hormozgan Provincial Directorate of Department of Environment said.
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Publish Date:16/September/2020 | 24:24

15% Jump in Overflights

EghtesadOnline: Iran Airports Company registered 8,431 overflights during the month ending Aug. 21, which indicate a 15.57% increase compared with the previous month.
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Publish Date:16/September/2020 | 24:15

Cooperatives Ministry: Gov’t Debts to SSO Hit $11.2 Billion by March

EghtesadOnline: The government’s debts to the Social Security Organization, Iran 's biggest social insurance company that provides coverage to wage-earners and salaried workers as well as self-employed persons, amounted to 2,944 trillion rials ($11.2 billion) by the end of last fiscal year (March 19, 2020), the Ministry of Cooperatives, Labor and Social Welfare reported.
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Publish Date:16/September/2020 | 24:14

Virus Resurgence in Most Provinces

EghtesadOnline: A majority of Iran ’s 31 provinces are once again registering a rise in coronavirus cases, the Health Ministry said, only weeks after the country passed the peak of a second wave.
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Publish Date:16/September/2020 | 24:12