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Iran Refiners Ramp Up Output

EghtesadOnline: Oil refining companies in Iran are doing reasonably well as production and export of gasoline has been of the ascending order in the past 14 years.
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Publish Date:07/October/2020 | 20:10

No Flights to Turkey Until Nov. 1

EghtesadOnline: Flights between Iran and Turkey will be suspended until Nov. 1 to help curb the new wave of Covid-19, the head of Iran Civil Aviation Organization said.
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Publish Date:07/October/2020 | 20:08

Iran ian Exhibition Sector Sustains $4.4m in Pandemic Losses

EghtesadOnline: Iran ’s exhibitions sector has suffered 1.25 trillion rials ($4.26 million) in losses since the outbreak of the coronavirus pandemic in mid-February, according to the head of the Union for International Exhibitions of Iran .
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Publish Date:07/October/2020 | 20:01

15% Decline in Vegetable Oil Output as Oilseed Imports Drop 51%

EghtesadOnline: A total of 810,000 tons of vegetable oil were produced in Iran during the first half of the current Iran ian year (March 20-Sept. 21), showing a 15% decline compared with the similar period of last year, according to the secretary of Iran ’s Vegetable Oil Industries Guild Union.
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Publish Date:07/October/2020 | 19:59

Iran ian Pesticide Use Below Global Average

EghtesadOnline: Iran ’s annual pesticide consumption currently averages at 30,000-35,000 tons, the head of Iran ’s Plant Protection Organization said.
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Publish Date:07/October/2020 | 19:57

CBI Forex Dealers Raise Rates

EghtesadOnline: Unabated rallies in currency rates propelled exchange shops affiliated to the Central Bank of Iran to push rates to unprecedented levels on Tuesday.
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Publish Date:07/October/2020 | 19:55

Daily Virus Infections Surpass 4,000

EghtesadOnline: For the second day in a row, Iran set a daily record of 4,151 Covid-19 infections on Tuesday as officials warned that the third wave of the disease had become more severe.
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Publish Date:07/October/2020 | 13:04

Plan to Meet Weaponry Needs After Arms Ban Expiry

EghtesadOnline: Iran will meet its weaponry needs after the United Nations arms embargo expires later this month and no country can prevent Tehran from exercising its right under the UN resolution, a senior diplomat said.
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Publish Date:06/October/2020 | 20:25

MPs Visit Nagorno-Karabakh Border

EghtesadOnline: A group of Iran ian lawmakers paid a visit to the country’s border areas near the Nagorno-Karabakh region, where fighting has broken out between Armenia and the Republic of Azerbaijan since last week.
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Publish Date:06/October/2020 | 20:24

Iran H1 Auto Output Rises 10%

EghtesadOnline: Iran ’s automotive output increased by more than 10% during the first half of the current Iran ian year (March 20-Sept. 21) compared with the year-ago period.
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Publish Date:06/October/2020 | 20:13

SMEs Exports Rise to $1.7b

EghtesadOnline: Small- and medium-sized businesses, affiliated with Iran Small Industries and Industrial Parks Organization, exported $1.74 billion worth of goods during the first half of the current Iran ian year (March 20-Sept. 21) to register a 16.7% growth compared with the similar period of last year.
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Publish Date:06/October/2020 | 20:09

Cement Export Declines While That of Clinker Rises

EghtesadOnline: As of March 2018, Iraq used to be the main export destination of Iran ian cement, but it is more than a year now since the neighboring country suspended imports of this construction material from Iran .
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Publish Date:06/October/2020 | 20:08

NICICO Sales Grow 61% YOY to Over $560 Million in 6 Months

EghtesadOnline: The National Iran ian Copper Industries Company’s sales stood at 161.95 trillion rials ($568 million) during the first six months of the current Iran ian year (March 20-Sept. 21), according to the company’s managing director.
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Publish Date:06/October/2020 | 20:06

Covid-19 Cases Hit Single-Day Record

EghtesadOnline: Iran registered its biggest single-day spike in coronavirus cases on Monday with 3,900 new infections, as overnight deaths touched late July’s record high of 235.
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Publish Date:06/October/2020 | 13:40

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