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NICICO's Q1 Sales Surge 25% to Over $270 Million

EghtesadOnline: The National Iran ian Copper Industries Company's sales stood at 64.17 trillion rials ($276 million) in the first quarter of the current Iran ian year (March 20-June 20), according to the company’s managing director.
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Publish Date:27/July/2020 | 11:49

All Border Crossings to Iraq Open for Exports

EghtesadOnline: Chazzabeh crossing on the Iran -Iraq border was reopened for exports on Sunday, after five months of closure due to the outbreak of the new coronavirus.
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Publish Date:27/July/2020 | 11:44

H1 Transactions With China Decline 42% to $7.2 Billion

EghtesadOnline: Iran ’s commercial exchanges with its biggest trading partner, China, reached $7.23 billion during the first half of 2020 to register a 42% decline compared with the corresponding period of 2019.
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Publish Date:27/July/2020 | 11:39

Call to Incentivize Compliant Exporters

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has called on President Hassan Rouhani to incentivize exporters who have fulfilled their commitment to repatriate their overseas revenues.
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Publish Date:27/July/2020 | 09:07

Iran : Shares Open on High Note

EghtesadOnline: Leaving behind a two-day correction phase, Tehran stocks opened Saturday in positive territory amid spike in foreign exchange rates, which always whet investor appetite for commodities and other export-based stocks.
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Publish Date:27/July/2020 | 09:03

Broad Money Grows 34.2%

EghtesadOnline: The Central Bank of Iran reported that growth in broad money supply picked up during one year, rising by 34.2% by end of the calendar month to June 21 compared with the same period last year.
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Publish Date:27/July/2020 | 08:56

Top Insurer Reports 29% Growth in Q1

EghtesadOnline: Iran Insurance Company, the largest and sole state-owned player in the domestic market, generated 47 trillion rials ($213 million) in premiums in the first three months of fiscal year (March 21- June 21) registering 29% growth year-on-year, the company CEO said.
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Publish Date:26/July/2020 | 14:20

UN Underlines Respect for Safety of Civilian Flights

EghtesadOnline: The United Nations stressed that all countries must respect the safety of civilian flights, referring to the recent harassment of an Iran ian passenger plane by American fighter jets.
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Publish Date:26/July/2020 | 14:13

Private Firms Left Behind

EghtesadOnline: Exporting electricity can be more profitable if private firms are also allowed to sell, without state interference, the power they generate, head of the Federation of Iran ian Energy Exports Industries said in Tehran Saturday.
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Publish Date:26/July/2020 | 10:31

Iran 's Exports to UAE Rise Near $1b in Three Months

EghtesadOnline: Iran exported around 3.8 million tons of commodities worth $967 million to the UAE during the first quarter of the current fiscal year (March 20-June 20), according to the director general of Trade Promotion Organization of Iran 's Arab-African Affairs Office.
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Publish Date:26/July/2020 | 08:48

Iran Steel Output Increases 10.2% to 13.8 Million Tons

EghtesadOnline: Iran ian steel mills produced a total of 13.89 million tons of crude steel during the first half of 2020 to register a 10.2% rise compared with the corresponding period of 2019, the latest report released by the World Steel Association shows.
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Publish Date:26/July/2020 | 08:46

Forex and Gold Firm in Tehran Market

EghtesadOnline: Major currencies resumed their climb against the rial at the start of trading week on Saturday after being in check for a few sessions largely due to the intervention of the Central Bank of Iran .
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Publish Date:26/July/2020 | 08:42

Iran : Shares Open on High Note

EghtesadOnline: Leaving behind a two-day correction phase, Tehran stocks opened Saturday in positive territory amid spike in foreign exchange rates, which always whet investor appetite for commodities and other export-based stocks.
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Publish Date:26/July/2020 | 08:40

Tehran to Protest Against US Fighter Plane’s Perilous Move

EghtesadOnline: The Iran ian Mission to the United Nations said Tehran will send a note of protest to the world body’s Secretary-General Antonio Guterres and the UN Security Council over the threatening move by a US fighter jet against an Iran ian airliner over Syrian airspace.
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Publish Date:25/July/2020 | 14:26

Fertility Rate in Decline

EghtesadOnline: Iran ’s total fertility rate (both the Iran ian population, immigrants and foreigners residing in Iran ) has been in decline from 2.1 in the year ending March 2018 to 2 in the year ending March 2019 to 1.8 in the year ending March 2020.
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Publish Date:25/July/2020 | 11:30

Iraq Opens Another Border Crossing With Iran

EghtesadOnline: Iraq has reopened its Manzarieh border crossing with Iran (called Khosravi on the Iran ian side) after it was closed for about five months, following the spread of the new coronavirus.
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Publish Date:25/July/2020 | 11:21

Iran ’s 5G in the Wings

EghtesadOnline: Iran took a major stride toward launching its 5G network on Wednesday by inaugurating the country’s first 5G cell tower in Tehran.
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Publish Date:25/July/2020 | 11:18

Growing Influence of Iran ’s Capital Market

EghtesadOnline: Approximately 1,045.4 trillion rials ($4.75 billion) were made available to companies via Iran ’s capital market in the first quarter of the current fiscal year (March 20-June 20).
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Publish Date:25/July/2020 | 11:13

Iran Covid-19 Death Toll Tops 15,000

EghtesadOnline: Coronavirus patients and deaths are on the rise in Iran , as overall fatalities crossed 15,000 on Friday and the caseload climbed to 286,000, health officials announced.
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Publish Date:25/July/2020 | 10:18