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Iran ian Tobacco Company Works Out Expansion Plan

EghtesadOnline: Iran ian Tobacco Company produced 2.4 billion cigarettes over the first quarter of the current year (March 20-June 20), which puts its monthly average output at 800 million.
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Publish Date:02/September/2020 | 13:30

Central Bank of Iran Evaluates Tehran’s Monthly Housing Market

EghtesadOnline: Atotal of 9,080 homes were sold in Tehran during the fifth month of the current fiscal year (July -Aug. 21), registering a 35.4% decline compared with the preceding month and a 175.8% growth compared with the 3,292 deals in the corresponding month of last year.
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Publish Date:02/September/2020 | 24:45

Turkey Suspends Iran Flights Yet Again

EghtesadOnline: Turkey has once again put off the resumption of Iran flights to Oct. 2, according to the head of Civil Aviation Organization of Iran .
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Publish Date:02/September/2020 | 24:21

Tavanir Improving Efficiency of Power Distribution Systems

EghtesadOnline: Approximately 45% of the domestic electricity distribution network has been renovated, deputy for power distribution affairs at Iran 's Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:01/September/2020 | 11:33

Exports to CIS Rise to $1.7b

EghtesadOnline: Iran exported a total of 4.79 million tons of goods worth more than $1.75 billion to the Commonwealth of Independent States during the last Iran ian year (March 2019-20) to register a 133% rise in value compared with the year before, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date:01/September/2020 | 11:23

Gov’t Dues to CBI Related to ‘Debt Classification’

EghtesadOnline: The Central Bank of Iran says that rising government debt to the CBI is largely due to changes in “debt classification” of the bank and has no monetary relevance.
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Publish Date:01/September/2020 | 11:21

Rich-Poor Inflation Gap at 5.4%

EghtesadOnline: The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 5.4% in the fifth Iran ian month (July 22-Aug. 21), indicating a 0.7 percentage point increase compared with the previous month.
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Publish Date:31/August/2020 | 11:50

More Working Days at Mehran Border Terminal

EghtesadOnline: Following negotiations between Iran ian and Iraqi officials, business days at Mehran border terminal has increased from two to four days a week, says Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date:31/August/2020 | 09:14

Banks Welcome Fintechs' Fee Proposal

EghtesadOnline: Contrary to authorized payment companies, banks have welcomed Iran ’s Fintech Association's proposed fee system for online payment in which aggregators and service providers cover the network fees, which currently are paid by banks.
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Publish Date:31/August/2020 | 09:07

3 Tons Added to Iran 's Annual Gold Ingot Output Capacity

EghtesadOnline: Zar-Kouh Mining Company in the western Kurdestan Province of Iran has launched a new gold mine, which is expected to add 3,000 kilograms to the country's total annual gold ingot output capacity.
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Publish Date:27/August/2020 | 18:09

IMIDRO to Launch $1.3 Billion Fund to Prop Up Mineral Firms

EghtesadOnline: Mineral companies affiliated to the Iran ian Mines and Mining Industries Development and Renovation Organization (IMIDRO) joined hands Wednesday to set up a fund for supporting listed mineral companies.
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Publish Date:27/August/2020 | 18:05

Iran : Covid-19 Deaths Cross 21,000

EghtesadOnline: The first two waves of the novel coronavirus have so far claimed the lives of over 21,000 people during the six months of its outbreak across Iran , a health official announced.
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Publish Date:27/August/2020 | 17:52

Iran 's Foreign Trade Hit $24 Billion

EghtesadOnline: Iran ’s foreign trade stood at $24.6 billion during the first five months of the current fiscal year (March 20-Aug. 21), of which exports accounted for $10.9 billion and imports constituted $13.7 billion, the head of the Islamic Republic of Iran Customs Administration said.
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Publish Date:27/August/2020 | 17:46

Gasoline Exports Rise

EghtesadOnline: In the first five months of the current fiscal year (started May 20), more than $1 billion worth of gasoline was exported, head of the Islamic Republic of Iran Customs Administration said
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Publish Date:26/August/2020 | 13:10

Gasoline Exports Rise

EghtesadOnline: In the first five months of the current fiscal year (started May 20), more than $1 billion worth of gasoline was exported, head of the Islamic Republic of Iran Customs Administration said.
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Publish Date:26/August/2020 | 13:01

Iran ’s Steel Output Grows 10.8% YOY to Over 16m Tons

EghtesadOnline: Iran ian steel mills produced a total of 16.23 million tons of crude steel during the seven months to July 31 to register a 10.8% 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/August/2020 | 24:59

Iran 's Trade With Oman Burgeoning

EghtesadOnline: A total of $110 million worth of commodities were exported to Oman during the first four months of the current Iran ian year (March 20-July 21), according to the secretary of Oman Affairs Bureau with the Trade Promotion Organization of Iran .
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Publish Date:26/August/2020 | 24:26

IPO Announces Launch of ETF for 4 Refineries

EghtesadOnline: The Iran ian Privatization Organization published a notice Tuesday outlining details about subscription of government shares in four refineries via an exchange-traded fund.
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Publish Date:26/August/2020 | 24:22