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Viral Spread Ups Gas Consumption

EghtesadOnline: Covid-19 pandemic has raised natural gas consumption in the household sector by 30 million cubic meters per day over the past six months compared to a year ago, head of the National Iran ian Gas Company Dispatching Department said.
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Publish Date:29/September/2020 | 14:37

Rich-Poor Inflation Gap at 6.5%

EghtesadOnline: The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 6.5% in the sixth Iran ian month (Aug. 22-Sept. 21), indicating a 1.1 percentage point increase compared with the previous month.
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Publish Date:29/September/2020 | 14:35

Direct Investment Seen as a Bane of the Share Market

EghtesadOnline: Iran ians usually opt for investing directly in the stock market and are less inclined to let investment funds or asset managers to trade on their behalf. In most countries the opposite is the norm.
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Publish Date:29/September/2020 | 14:19

Forex Rates and Gold Climb

EghtesadOnline: Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market.
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Publish Date:29/September/2020 | 14:17

Iran : Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran .
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Publish Date:28/September/2020 | 19:18

Startups to Unveil Sports Apps

EghtesadOnline: Two Iran ian startups specialized in sports will unveil their latest products during the 19th International Exhibition of Sports, Sporting Goods and Equipment (also called SPORTEX 2020) now underway at Tehran's International Fairground since Saturday.
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Publish Date:28/September/2020 | 19:15

New Silos Under Construction to Build Up Wheat Reserves

EghtesadOnline: A wheat silo with a storage capacity of 100,000 tons will be inaugurated in Semnan Province’s Garmsar County by the end of the current Iran ian year on March 20, 2021.
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Publish Date:28/September/2020 | 19:01

Cosmetics, Toiletries Exported to 21 Countries

EghtesadOnline: A total of 13,765 tons of cosmetic products and toiletries worth $10.6 million were exported from Iran to 21 countries during the first five 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:28/September/2020 | 18:59

30 Provinces on Covid-19 Alert

EghtesadOnline: Iran ’s Health Ministry said 30 of the country’s 31 provinces are either in red zone or in an alarming state, with the number of red counties climbing by 54% in the past week alone.
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Publish Date:28/September/2020 | 18:37

Slight Gains in Currency Rates

EghtesadOnline: Forex rates in Tehran were rather stable on Sunday compared to the past several weeks as traders exercised extra caution due to the Central Bank of Iran ’s presence in the market.
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Publish Date:28/September/2020 | 18:19

US Charges on Iran ian Role in Afghanistan Rejected

EghtesadOnline: Tehran dismissed an American envoy’s accusation of Iran ’s destructive role in Afghan peace efforts, describing it as “irresponsible” and a sign of the United States’ lack of adequate understanding of developments in Afghanistan.
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Publish Date:27/September/2020 | 24:03

Agriculture Ministry Moving Toward Cotton Self-Sufficiency

EghtesadOnline: A total of 280,000 tons of cotton bolls are expected to be produced in Iran during the current Iran ian year that started on March 20, according to an Agriculture Ministry official, Ebrahim Hezarjaribi.
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Publish Date:27/September/2020 | 11:55

63% Rise in Inbound Cigarette Smuggling

EghtesadOnline; A total of 7.36 billion cigarettes were smuggled into Iran during the five months to Aug. 21, indicating a 63.2% increase compared with the corresponding period of last year, the Ministry of Industries, Mining and Trade reported.
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Publish Date:27/September/2020 | 11:53

1.2m Tons Added to Iran ’s Steel Production Capacity

EghtesadOnline: The second phase of South Kaveh Steel Company with a steel ingot production capacity of 1.2 million tons was inaugurated on Saturday in a ceremony attended by First Vice President Es’haq Jahangiri in Persian Gulf Special Economic Zone, located in the port city of Bandar Abbas in Hormozgan Province, according to the company’s CEO.
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Publish Date:27/September/2020 | 11:48

Covid-19 Takes a $69m Toll on Iran ’s Public Transport Fleet

EghtesadOnline: Since the outbreak of the novel coronavirus in Iran in February, the country’s public transportation system has incurred a massive loss of over 20 trillion rials ($68.6 million), an official with Iran Road Maintenance and Transportation Organization declared.
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Publish Date:27/September/2020 | 11:40

Iran : Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran .
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Publish Date:27/September/2020 | 11:37