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Iran 's Trade With Turkey Down 77%

EghtesadOnline: Iran ’s trade with Turkey totaled $803.59 million during the first five months of 2020 (January-May) to register a decrease of 77.62% compared with the corresponding months of 2019, data released by Turkish Statistical Institute show.
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Publish Date:05/July/2020 | 09:42

Central Bank of Iran Lets Rial Tumble

EghtesadOnline: Selected foreign exchange bureaus affiliated to the Central Bank of Iran pushed up dollar rates above the historic 200,000 rials on Saturday.
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Publish Date:05/July/2020 | 09:38

Iran 's Q1 Exports From Amirabad Port Reach $5.4m

EghtesadOnline: A total of 131,315 tons of commodities worth about $5.4 million were exported from Mazandaran Province’s Amirabad Port during the first three months of the current Iran ian year (March 20-June 20).
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Publish Date:05/July/2020 | 09:33

Enrichment Unaffected by Fire at Natanz Facility

EghtesadOnline: The production of enriched nuclear material is continuing as normal at Natanz nuclear facility despite the fire at one of its sheds on Thursday morning, a top official of the Atomic Energy Organization of Iran said.
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Publish Date:04/July/2020 | 24:37

Pandemic Loans for Iran ian Transporters

EghtesadOnline: Deputy Minister of Roads and Urban Development Shahram Adamnejad said 35,000 billion rials ($175 million) worth of loans will be allocated to the coronavirus-hit transportation sector (air, rail, sea and road) over the next few months.
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Publish Date:04/July/2020 | 09:33

Iran ian Insurers Count Cost of Covid-19

EghtesadOnline: Data released by the Central Insurance of Iran , the body in charge of supervising the industry, shows that the Covid-19 pandemic has impacted the business of insurance companies in various aspects.
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Publish Date:04/July/2020 | 09:28

Iran 's Trade With Eurasian Economic Union Hits $2.4b

EghtesadOnline: Iran and the Eurasian Economic Union traded 6.86 million tons of commodities worth $2.4 billion from Oct. 27, 2019, when a preferential trade agreement between the two sides came into effect, to June 20, 2020, according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:04/July/2020 | 09:23

Central Bank of Iran Again Raises Interbank Deposit Rate

EghtesadOnline: In bid to further narrow the rate spread in the interest rate corridor (IRC) the Central Bank of Iran announced that it would raise rates on interbank deposits by 1 percentage points to 13% starting today (Saturday).
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Publish Date:04/July/2020 | 09:21

Food Price Changes Reviewed

EghtesadOnline: The Statistical Center of Iran has released a new report reviewing price changes in food products during the month ending June 20.
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Publish Date:01/July/2020 | 13:01

Isfahan Steelmaker Wakes Up to Worsening Water Crisis

EghtesadOnline: To reduce demand for fresh water in the arid province of Isfahan, an agreement was signed on Tuesday between the National Water and Wastewater Engineering Company of Iran (Abfa) and Isfahan Steel Company, Iran 's biggest producer of structural steel, head of the water company said.
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Publish Date:01/July/2020 | 24:58

Iran Sees 41% Decline in Trade With Top Partner China

EghtesadOnline: Iran ’s commercial exchanges with its biggest trading partner China stood at $6.4 billion during the first five months of 2020 to register a 41.3% decline compared with the corresponding period of 2019.
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Publish Date:01/July/2020 | 24:55

Q1 Exports From Mazandaran Ports Reach 185K Tons

EghtesadOnline: A total of 185,000 tons of goods were exported from the ports of Mazandaran Province during the first three months of the current Iran ian year (March 20-June 20).
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Publish Date:01/July/2020 | 24:43

ICA Rules Iran Pay $2b to Turkmengaz

EghtesadOnline: The International Court of Arbitration (ICA) announced its verdict over the Iran -Turkmenistan gas row.
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Publish Date:30/June/2020 | 08:38

SAIPA Strengthens Ties With Academia for Tech Upgrade

EghtesadOnline: Iran ’s major automaker SAIPA is strengthening cooperation with the University of Science and Technology to upgrade its products with the state-of-the-art technology.
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Publish Date:30/June/2020 | 08:36

Iran 's Agrifood Exports Exceed $890 Million in 2 Months

EghtesadOnline: Iran exported 1.67 million tons of agricultural and food products worth over $890 million during the first two months of the current fiscal year (March 20-May 20), the Agriculture Ministry reported.
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Publish Date:30/June/2020 | 08:33

Iran 's Q1 Non-Oil Trade at $13.9b

EghtesadOnline: Iran ’s non-oil trade stood at $13.98 billion during the first three months of the current fiscal year (March 20-June 20), of which exports accounted for $6.36 billion and imports for $7.62 billion, Mehdi Mirashrafi, the head of the Islamic Republic of Iran Customs Administration, says.
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Publish Date:30/June/2020 | 08:29

2,500 Commercial Cards Suspended

EghtesadOnline: Iran ’s Trade Promotion Organization suspended 2,500 commercial ID cards after their owners failed to heed government warnings regarding the return of overseas export currency earnings, head of the TPO said.
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Publish Date:30/June/2020 | 08:26

Daily Virus Deaths Rise to Record High

EghtesadOnline: Iran registered a record high in daily fatalities from the Covid-19 pandemic on Monday, as the country began to feel the inevitable consequences of large-scale reopenings.
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Publish Date:30/June/2020 | 08:22