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Official Laments Government’s Leather Policies

EghtesadOnline: A total of $7 million worth of unfinished leather and wet-blue (processed raw hide before turning into finished leather) were exported from Iran during the first five months of the current Iranian year (March 20-Aug. 21), according to the head of Hide and Wet-Blue Producers and Exporters Union, who doubles as the head of Iran's Export Confederation.
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Publish Date: 19/October/2020 | 18:35

IRIR Chief Highlights Khaf-Herat Railroad's Transit Potential

EghtesadOnline: The 130-kilometer-long Khaf-Herat railroad connecting Iran and Afghanistan has high potential for transit to the eastern neighboring country, according to the head of the Islamic Republic of Iran Railways.
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Publish Date: 19/October/2020 | 18:32

Iran's Trade With Eurasian Economic Union Hit $2.8 Billion

EghtesadOnline: Iran and the Eurasian Economic Union traded a total of about $2.8 billion worth of goods between October 27, 2019, when a preferential trade agreement came into effect between the two sides, and Aug. 21, 2020, according to Elham Hajikarimi, secretary of Trade Promotion Organization of Iran's Eurasia Affairs Bureau.
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Publish Date: 19/October/2020 | 18:26

Household Gas Use Expected to Reach 650 mcm/d in Winter

EghtesadOnline: An estimated 880 million cubic meters of gas will be injected into the Iran Gas Trunkline (IGAT) per day in winter (Dec 21, 2020 and March 20, 2021) to meet projected rise in winter demand, head of the National Iranian Gas Company Dispatching Department said.
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Publish Date: 18/October/2020 | 14:07

Rail Passenger Trips Down 80%

EghtesadOnline: Passenger rail services have experienced an 80% nosedive during the first half of the current Iranian year (March 20-Sept. 21), inflicting 14 trillion rials ($44.2 million) in losses to the Islamic Republic of Iran Railways and other rail transportation companies, according to the head of IRIR.
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Publish Date: 18/October/2020 | 14:03

34% Decline in Coal Concentrate Output

EghtesadOnline: The combined output of Iran’s two major coal producers reached 42,569 tons of coal concentrates during the sixth Iranian month (Aug. 22-Sept. 21) to register a 34.6% decline compared with last year’s similar month, the Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.
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Publish Date: 18/October/2020 | 13:59

Covid-19 Deaths Exceed 30,000

EghtesadOnline: Iran’s death toll from the coronavirus outbreak topped the 30,000 mark on Saturday, as the government extended lockdown disciplines in the capital Tehran to contain the viral infection.
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Publish Date: 18/October/2020 | 13:54

Neighboring States Constitute 70% of $13.5b Exports in H1

EghtesadOnline: Iran’s 15 neighbors accounted for 70% of the country’s total exports during the first half of the current Iranian year (March 20-Sept. 21), according to the head of the Trade Promotion Organization of Iran.
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Publish Date: 18/October/2020 | 13:51

CBI Expects Higher Inflation

EghtesadOnline: In a report on macroeconomic variables, the Central Bank of Iran said soaring foreign exchange rates could buck the declining trend of inflation in the coming months.
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Publish Date: 18/October/2020 | 13:49

MSC Secures Foothold as Iran's Top Steelmaker

EghtesadOnline: Latest statistics released by Iranian Mines and Mining Industries Development and Renovation Organization shows Mobarakeh Steel Company has cemented its position as the top producer of steel in Iran.
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Publish Date: 15/October/2020 | 17:39

Iran's H1 Upstream Copper Production Reviewed

EghtesadOnline: The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 599,624 tons of copper concentrate during the first half of the current Iranian year (March 20-Sept. 21) to register a 1% growth compared with last year’s similar period.
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Publish Date: 15/October/2020 | 17:31

Iran: Positivity About Unlocking Forex Overseas

EghtesadOnline: The Central Bank of Iran hopes it would be able to ease the unprecedented pressure on the currency market after billions in assets are unlocked overseas.
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Publish Date: 15/October/2020 | 17:24

23% Growth in Overflights

EghtesadOnline: Latest statistics released by Iran Airport Company indicate a 23% growth in the total number of foreign flights using Iranian airspace during the month to Sept. 22.
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Publish Date: 14/October/2020 | 16:34

Iran's Covid-19 Fatalities Exceed 29,000

EghtesadOnline: The number of fatalities caused by SARS-CoV-2 infection in Iran topped 29,000 on Tuesday, as the country’s intensive care units have been filled to the brim with patients in critical condition.
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Publish Date: 14/October/2020 | 16:29

High Export Concentration Index: A Cause for Economic Concern

EghtesadOnline: Iran’s Export Concentration Index, which estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income, stood at 0.43 in 2019, about six times higher than that of Turkey and Poland.
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Publish Date: 14/October/2020 | 16:27