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Tehran Municipality Not Allowed to Utilize Groundwater for Greenspaces

EghtesadOnline: The National Water and Wastewater Engineering Company of Iran will not allow Tehran Municipality to tap into underground resources in the sprawling capital for watering parks and greenspaces, the head of Tehran Water and Wastewater Company said.
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Publish Date:05/July/2021 | 13:33

Banks Need to Shift Focus on High-Tech

EghtesadOnline: A recent study estimates that information technology investment barely accounts for 1.73% of Iran ian banks' annual spending. This is while a sharper focus on the key sector can and will boost profitability of lenders.
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Publish Date:05/July/2021 | 24:51

Iran -Turkey January-May Trade Doubles to $1.7b

EghtesadOnline: Iran and Turkey registered $1.78 billion in bilateral trade during the first five months of 2021, 102% higher than the same period of last year.
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Publish Date:05/July/2021 | 24:46

Carpet Exports Gaining Momentum

EghtesadOnline: Handmade carpet exports stood at 366.9 tons worth $4.8 million in the first two months of fiscal 2021-22 (March 21-May 21), registering a 275.1% and 84% growth in weight and value respectively compared with the previous year’s corresponding period during which 97.8 tons worth $2.6 million were exported, according to statistics released by the Islamic Republic of Iran Customs Administration.
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Publish Date:05/July/2021 | 24:45

Economy in Recovery Mode

EghtesadOnline: The Central Bank of Iran says volatility in the currency market is ephemeral. In a press release published on its public relations website, it said “macroeconomic variables improved last year despite escalation in the US economic sanctions and outbreak of Covid-19.”
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Publish Date:05/July/2021 | 24:44

Iran Auto Output Drops in Q1

EghtesadOnline: Iran ’s automotive output decreased by 1.14% during the first three months of the current Iran ian year (March 21-June 21) compared to the year-ago period.
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Publish Date:04/July/2021 | 24:53

Covid-19 Delta Variant Spreads in Iran

EghtesadOnline: The highly contagious Delta variant of the coronavirus, first identified in India, has spread across Iran and triggered a jump in cases and hospitalizations, the National Coronavirus Headquarters announced.
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Publish Date:04/July/2021 | 24:51

Electricity Use at All-Time High

EghtesadOnline: Iran ’s electricity consumption reached an unprecedented record of 64,046 megawatts on Tuesday, the highest since keeping records started nearly a century ago.
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Publish Date:01/July/2021 | 19:23

IRENEX and FEZs to Boost Cooperation

EghtesadOnline: A memorandum of understanding was signed on Tuesday by heads of the Iran Energy Exchange (IRENEX) and the High Council of Free Trade and Special Economic Zones to boost cooperation.
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Publish Date:01/July/2021 | 19:22

IME to Launch Gold-Backed Futures

EghtesadOnline: Iran Mercantile Exchange will soon launch futures contracts backed by gold exchange-traded funds, the IME deputy head for market development said.
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Publish Date:01/July/2021 | 19:21

Largest Student Contest Amid Pandemic

EghtesadOnline: Iran began holding its largest university entrance exam on Wednesday morning amid concerns over a recent spike in Covid-19 cases and hospitalizations.
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Publish Date:01/July/2021 | 19:18

IRENEX and FEZs to Boost Cooperation

EghtesadOnline: A memorandum of understanding was signed on Tuesday by heads of the Iran Energy Exchange (IRENEX) and the High Council of Free Trade and Special Economic Zones to boost cooperation.
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Publish Date:30/June/2021 | 24:32

IME to Launch Gold-Backed Futures

EghtesadOnline: Iran Mercantile Exchange will soon launch futures contracts backed by gold exchange-traded funds, the IME deputy head for market development said.
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Publish Date:30/June/2021 | 24:28

Another Covid-19 Peak Looming

EghtesadOnline: Iran braces for a fifth wave of the coronavirus pandemic as cases and hospitalizations soar and health authorities urge vigilance to curb transmission rates.
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Publish Date:30/June/2021 | 11:46

Q1 Tax Revenues Up 70% to $2.3b

EghtesadOnline: The Iran ian National Tax Administration earned 590 trillion rials ($2.37 billion) in the first quarter of the current fiscal year (March 21-June 21), registering a 70% growth compared with the same period of last year.
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Publish Date:30/June/2021 | 11:45

Oil Drifts Near 2018 Highs

EghtesadOnline: Oil prices hit and then recoiled from highs last seen in October 2018 on Monday, as investors eyed the outcome of this week's OPEC+ as the United States and Iran wrangle over the revival of a nuclear deal, delaying a surge in Iran ian oil exports.
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Publish Date:29/June/2021 | 11:53

Drought Ruins Nomadic Livelihood

EghtesadOnline: Drought is estimated to have inflicted losses worth $258.33 million on 34 million hectares of Iran ’s nomadic pastures in the fiscal 2021-22, according to the Nomads Affairs Organization of Iran .
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Publish Date:29/June/2021 | 11:49

IRICA: 523% Increase in Drug Confiscations

EghtesadOnline: Drug seizures by the Islamic Republic of Iran Customs Administration over the first quarter of the current year (March 21-June 21) increased by 523% compared with the same period of last year.
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Publish Date:28/June/2021 | 10:57