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Petrochem Industry Targets 133 Million Tons Output p.a.

EghtesadOnline: With the launch of 13 petrochemical projects by March, Iran ’s petrochemical production capacity will reach 90 million tons per year from the current 70 million tons.
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Publish Date:09/August/2020 | 11:16

New Chiefs for CAO, Iran Air

EghtesadOnline: Touraj Dehqani Zanganeh will replace Ali Abedzadeh as the new head of the Civil Aviation Organization of Iran .
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Publish Date:09/August/2020 | 11:08

Iran ’s PMI Contracts 6.4%

EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the Iran ian economy settled at 45.47 in the month ending July 21 from 48.41 in the month ending June 20, indicating a 2.93-point or 6.42% contraction.
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Publish Date:09/August/2020 | 10:52

Home Vacancy Tax Revisions Approved

EghtesadOnline: Iran ian parliamentarians approved revisions to Article 54 of Direct Tax Code on Wednesday, which would make several changes to vacancy tax with the aim of returning empty properties to use as rental homes for people.
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Publish Date:09/August/2020 | 10:40

Gas Production to Reach 330 bcm

EghtesadOnline: National Iran ian Gas Company’s annual gas output will increase by at least 22% by 2021, head of the state-run NIGC said.
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Publish Date:06/August/2020 | 18:39

Truckers Delayed at Afghan Border

EghtesadOnline: Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration said some Afghan transportation companies and truckers have closed the return route of Iran ian trucks at the Milak border crossing to challenge a decision by Sistan-Baluchestan Provincial Security Council.
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Publish Date:06/August/2020 | 18:34

Iran Auto Industry Future Uncertain

EghtesadOnline: Iran ’s auto industry was in a hopeless and failing platform even before Donald Trump imposed tough new economic sanctions in 2018 after getting out of Iran ’s historic nuclear agreement.
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Publish Date:06/August/2020 | 18:15

‘No Return to Normality’ in Short Run as Covid-19 Rages On

EghtesadOnline: Return to normality and the “defeat” of the coronavirus pandemic is not feasible during the next months, an Iran ian health official said, pointing out that the only solution in the short term is to slow the viral infection.
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Publish Date:06/August/2020 | 18:12

Shipping Traffic Declines

EghtesadOnline: Iran ’s 21 major ports handled 38.41 million tons of goods in the first four months of the current fiscal year (March 20-July 21) -- down 28.06% compared to same period last year.
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Publish Date:06/August/2020 | 18:02

Iran Sympathizes With Lebanon, Offers Help

EghtesadOnline: Iran ian officials extended their sympathy to the people of Lebanon over the death and injury of thousands in a massive warehouse explosion in Beirut on Tuesday and expressed Iran ’s readiness to provide assistance.
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Publish Date:06/August/2020 | 17:55

SCI on Q1 Youth Unemployment

EghtesadOnline: The Statistical Center of Iran provides two figures for the youth unemployment rate: the proportion of the population between 15 and 24 years and those between 18 and 35 years.
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Publish Date:05/August/2020 | 14:54

Overseas Flower, Plant Sales Earn $5.3 Million in Q1

EghtesadOnline: Atotal of 2,356 tons of flowers and ornamental plants worth $5.33 million were exported from Iran to 23 countries during the first three months of the current Iran ian year (March 20-June 20), according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:05/August/2020 | 14:51

Pistachio Exports Top 35K Tons in 4 Months

EghtesadOnline: Iran exported 35,740 tons of pistachio during the first four months of the current Iran ian year (March 20-July 21), the head of Iran Pistachio Association said.
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Publish Date:05/August/2020 | 14:49

Exporters Flouting Rules Warned Again

EghtesadOnline: The Central Bank of Iran says it will send to the judicial authority a bigger list of exporters that have failed to repatriate their currency earrings.
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Publish Date:05/August/2020 | 09:12

Gas Projects Cost $17b in 7 Years

EghtesadOnline: The National Iran ian Gas Company says it has invested $17 billion in natural gas infrastructure over the past seven years.
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Publish Date:04/August/2020 | 24:24

Cigarette Output Down 27.9%, Smuggling Up 97.5%

EghtesadOnline: A total of 6.07 billion cigarettes were produced in the first two months of the current Iran ian year (March 20-May 20), indicating a 27.9% decline compared with the year before.
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Publish Date:04/August/2020 | 09:12

Bad Debts Decline 11%

EghtesadOnline: The number of bad checks fell by 11.7% in the calendar month ending June 20, compared to a month earlier, the Central Bank of Iran reported.
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Publish Date:04/August/2020 | 09:05