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Kiwi Exports Resume

EghtesadOnline: The annual four-month ban on kiwi exports expired on Oct. 6 and shipments have resumed, according to the director general of Agrifood Exports Coordination Bureau with the Trade Promotion Organization of Iran.
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Publish Date: 13/October/2020 | 13:14

Aluminum Production Rises 71% Over Six Months

EghtesadOnline: Iranian aluminum producers had an aggregate output of 211,779 tons of ingots during the first half of the current Iranian year (March 20-Sept. 22) to register a 71% rise compared with the corresponding period of last year's 123,576 tons.
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Publish Date: 13/October/2020 | 13:09

Wagon Pars Marches Ahead in Supplying Iran's Rolling Stock

EghtesadOnline: Iran’s Wagon Pars Company, a manufacturer of rolling stock, has manufactured 275 freight and passenger wagons since the beginning of the current Iranian year on March 20, 234 of which have already joined the country’s rail fleet, according to the company’s CEO.
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Publish Date: 13/October/2020 | 13:07

Iraq to Unfreeze Iranian Assets

EghtesadOnline: An agreement was reached between the Central Bank of Iran, Central Bank of Iraq and the Trade Bank of Iraq to unfreeze Iran's financial assets in the neighboring country.
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Publish Date: 13/October/2020 | 13:02

Small Increase in E-Transactions

EghtesadOnline: Shaparak, the main payment settlement network in Iran, processed 2.92 billion transactions worth 4,875.12 trillion rials ($16.25 billion) in the last calendar month to Sept. 21.
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Publish Date: 12/October/2020 | 20:06

3.4m Tons of Necessity Goods Available at Ports

EghtesadOnline: A total of 3.4 million tons of essential goods have arrived at Iranian ports, of which corn accounts for 1.62 million tons, says Mehrdad Jamal-Arvanaqi, the deputy head of the Islamic Republic of Iran Customs Administration.
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Publish Date: 12/October/2020 | 19:49

Rial Enters Crisis Mode

EghtesadOnline: The foreign exchange market in Iran is experiencing unprecedented highs as major currencies continue to rise against the national currency.
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Publish Date: 12/October/2020 | 19:47

Chabahar Port and Iran-India Interface

EghtesadOnline: Iran-India economic linkages have been impacted significantly, ever since the withdrawal of the US from JCPOA (the formal name of Iran nuclear deal—the Joint Comprehensive Plan of Action) in 2018.
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Publish Date: 11/October/2020 | 20:18

Post Company Ships 5 Tons of Packages Overseas Daily

EghtesadOnline: The government-owned Iran Post Company dispatches at least 5 tons of letters and packages overseas on a daily basis, says Deputy Minister of Information and Communications Technologies Ramezanali Sobhanifar.
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Publish Date: 11/October/2020 | 20:16

Industrial PMI Bounces Back

EghtesadOnlne: The Purchasing Managers’ Index for Iran’s industrial sector during the sixth month of current fiscal year (Aug. 22-Sept. 21) settled at 54.53 from 48.06 in the preceding month (July 22-Aug. 21), indicating a 6.47-point or a 13.4% increase.
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Publish Date: 11/October/2020 | 20:14

Fines for Breaching Covid-19 Rules in Tehran Outlined

EghtesadOnline: People who breach coronavirus regulations in Iran’s capital could face fines of up to $6.6, President Hassan Rouhani announced on Saturday in a bid to encourage compliance with health protocols in the face of a third wave of infections.
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Publish Date: 11/October/2020 | 14:11

3.5% Rise in Building Permits in Fiscal 2019-20

EghtesadOnline: The Statistical Center of Iran has published its latest findings concerning building permits issued in Iran, especially in the capital city Tehran, during the last fiscal year that ended on March 19, 2020.
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Publish Date: 11/October/2020 | 14:09

Army Air Force Initiative to Extend Tech Support to SAIPA

EghtesadOnline: Iran Army Air Force has launched an initiative to strengthen relations with the major automaker SAIPA for sharing technologies, bolstering domestic auto production and reducing foreign dependency.
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Publish Date: 11/October/2020 | 14:08

SCI Reviews Q2 Labor Market

EghtesadOnline: Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.5% in the second quarter of the current Iranian year (June 21-Sept. 21), indicating a 1% decline compared with the same period of last year.
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Publish Date: 10/October/2020 | 15:44

Aversion to Gov’t Bonds Persists

EghtesadOnline: Bond auctions held Tuesdays by the Central Bank of Iran concluded with none of the legal or individual investors showing interest in the government bonds.
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Publish Date: 10/October/2020 | 15:32

Court Invalidates Privatization of Giant Farming Company

EghtesadOnline: The Supreme Audit Court of Iran, the supervisory arm of the parliament, issued a ruling reversing a decision by the Iranian Privatization Organization two years ago to divest Moghan Agro Industrial & Animal Husbandry Company.
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Publish Date: 10/October/2020 | 15:27

Covid-19 Deaths Cross 28,000

EghtesadOnline: Iran logged 210 overnight deaths due to the coronavirus pandemic on Friday, which pushed the national toll past the 28,000 mark, a health official said.
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Publish Date: 10/October/2020 | 15:25