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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

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