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Surge in Subway Use Raises Alarm Amid Covid Third Wave

EghtesadOnline: Amid the third wave of Covid-19 infections in Iran , the number of subway passengers has recently risen by 10% and made the bad situation worse, Tehran Metro’s CEO said.
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Publish Date:25/September/2020 | 19:38

Groundwater Extraction a Serious Cause for Concern

EghtesadOnline: On average 50 billion cubic meters of water is extracted from almost 500,000 authorized wells per year, resulting in huge water deficits in most plains, director of the National Water and Wastewater Engineering Company of Iran (Abfa).
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Publish Date:23/September/2020 | 20:28

Kabul Hosting 2 Iran ian Expos

EghtesadOnline: Iran and Afghanistan are running the first edition of Urban Services, Transportation, Traffic and Related Machinery Exhibition in Kabul.
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Publish Date:23/September/2020 | 20:02

Daily Covid-19 Cases Hit Record High of 3,700

EghtesadOnline: Iran ’s overnight Covid-19 cases hit a record high of over 3,700 on Tuesday, as a third wave of infections continued its relentless spread across the country.
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Publish Date:23/September/2020 | 15:24

Special Economic Zones' Track Record

EghtesadOnline: A total of $37.2 million worth of foreign direct investments were made in Iran ’s special economic zones during the last Iran ian year (March 2019-20), up by a whopping 1,760% compared with the previous year.
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Publish Date:23/September/2020 | 15:21

Mineral Products Account for 1/5th of Iran 's Total Exports

EghtesadOnline: A new report released by the Iran ian Mines and Mining Industries Development and Renovation Organization shows mineral products (excluding oil and its byproducts) accounted for more than one-fifth of Iran 's total non-oil exports in the last fiscal year (March 2019-20).
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Publish Date:23/September/2020 | 14:47

Stocks Ride High in H1

EghtesadOnline: Stock yields were higher than other markets in the first half of the Iran ian fiscal year (March-Sep. 2020). TEDPIX, Tehran Stock Exchange's main index shot up 211% during the period.
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Publish Date:23/September/2020 | 14:42

Seafood Exports Top $530m p.a.

EghtesadOnline: A total of 146,000 tons of seafood worth $539 million were exported from Iran in the last fiscal year (March 2019-20), according to the head of Iran Fisheries Organization.
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Publish Date:22/September/2020 | 18:34

3 Power Plants to Feed Crypto Miners

EghtesadOnline: Three thermal power plants are to sell their electricity to authorized cryptocurrency miners in Iran , the managing director of Thermal Power Plant Holding Company, affiliated to Energy Ministry, said.
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Publish Date:22/September/2020 | 13:48

Auto Output Up 21% in 5 Months

EghtesadOnline: Iran ’s automotive output increased by 21% during the first five months of the current Iran ian year (March 20-Aug. 21) compared to the year-ago period.
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Publish Date:22/September/2020 | 13:45

Iran Tops List of Mideast Cucurbit Exporters

EghtesadOnline: Iran is the top exporter of cucurbits in the Middle East and ranks fifth in the world, says Rouhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:21/September/2020 | 14:26

Cement Exported to 28 Countries

EghtesadOnline: A total of 5.84 tons of cement worth $128 million were exported from Iran during the first four months of the current Iran ian year (March 20-Aug. 21), according to the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date:21/September/2020 | 14:21

Construction GFCF Grows by 3.6%

EghtesadOnline: Gross fixed capital formation (GFCF) registered a 0.6% decline in the first quarter of the current Iran ian year (March 20-June 20), based on the constant prices of the year ending March 2012.
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Publish Date:21/September/2020 | 14:19

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