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DRI Production Surges by 11%

EghtesadOnline: A total of 5.55 million tons of direct reduced iron were produced in Iran during the first two months of the current fiscal year (March 20-May 20) to register an 11% rise compared with last year’s corresponding period.
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Publish Date:23/June/2020 | 24:00

2,570 New Cases, 119 Fatalities Reported

EghtesadOnline: Iran recorded an additional 2,570 coronavirus cases and 119 deaths on Monday, as the contagion continued its rapid spread around the country.
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Publish Date:23/June/2020 | 10:40

Banks Told to Shed Assets, Fix Balance Sheets

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has again called on lenders to tap into the stock market to improve their books and balance sheets.
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Publish Date:22/June/2020 | 11:17

Iran 's Trade With EU Surpasses €1.4 Billion in 4 Months

EghtesadOnline: Trade between Iran and EU member states during January-April stood at €1.47 billion to register a 2.5% decline compared with last year’s corresponding period, latest data provided by the European Statistical Office show.
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Publish Date:22/June/2020 | 11:05

CBI Warns Exporters of Name-and-Shame Path

EghtesadOnline: The Central Bank of Iran issued an ultimatum on Sunday to non-oil exporters to expedite repatriation of their overseas earnings. If they fail to comply their names will be made public through the media.
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Publish Date:22/June/2020 | 10:40

Plant, Flower Exports Earn $40m

EghtesadOnline: Iran exported $40 million worth of plants and flowers in the last fiscal year that ended on March 19, 2020.
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Publish Date:20/June/2020 | 24:15

With Over 144K Tons, KSC Ranks First in Steel Exports

EghtesadOnline: With a total of 144,663 tons of exports during the first two months of the current fiscal year (March 20-May 20), Khouzestan Steel Company was Iran 's biggest exporter.
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Publish Date:20/June/2020 | 24:13

Iraq Activating Iran Payment Mechanism

EghtesadOnline: Iran and Iraq will invoke past agreements to expedite settlement of Iraqi arrears using a trading mechanism designed to supply basic goods to Iran .
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Publish Date:20/June/2020 | 07:59

Iran Covid-19 Cases Cross 200,000

EghtesadOnline: Four months after the coronavirus disease was first detected in Iran , the country’s tally of Covid-19 cases crossed the 200,000 mark on Friday.
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Publish Date:20/June/2020 | 07:43

Tomato Exports Earn $98m in Two Months

EghtesadOnline: Iran exported 209,337 tons of tomatoes worth about $98 million during the two months ending May 20, according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:16/June/2020 | 11:14

Substantial Rise in Red Meat Output

EghtesadOnline: A total of 30,900 tons of red meat were produced in Iran during the month ending May 20 to register a 23% rise compared with the similar month of the year before.
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Publish Date:16/June/2020 | 08:21

Iran 's Rainfall and Dam Levels Low

EghtesadOnline: Average precipitation since the beginning of the current water year (Sept 23, 2019) until June 14, shows a 27-millimeter, or 8%, decline compared to the same period last year.
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Publish Date:16/June/2020 | 08:10

Iran Covid-19 Cases Near 190,000

EghtesadOnline: The tally of confirmed coronavirus cases in Iran neared 190,000 on Monday, a health official announced, as the pandemic appeared to be peaking in more provinces.
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Publish Date:16/June/2020 | 08:04

Central Bank of Iran Revisits Supply of Money

EghtesadOnline: The Central Bank of Iran said in a report that broad money supply reached 24,721.5 trillion rials ($137 billion) when the fiscal year ended in the third week of March.
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Publish Date:16/June/2020 | 08:00

Iran Agro Output Expected to Hit 128m Tons by March 2021

EghtesadOnline: Iran ’s agricultural output is expected to reach 128 million tons by the end of the current fiscal year (March 2021), says Shahrokh Shajari, director general of the Agriculture Ministry's Export Expansion Bureau.
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Publish Date:15/June/2020 | 11:23