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Zanganeh Says OPEC+ Needs Further Production Cuts

EghtesadOnline: OPEC and its allies need to cut crude output by 500,000 barrels per day to clear the oil market's oversupply from the coronavirus outbreak, Iran ’s Oil Minister said upon his arrival in Vienna on Wednesday.
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Publish Date:07/March/2020 | 06:19

US Should Ease Medical Trade to Show Sincerity

EghtesadOnline: The United States needs to remove restrictions on the trade of medical products if it is truthful about its offer of helping contain the new coronavirus outbreak in Iran , President Hassan Rouhani said.
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Publish Date:07/March/2020 | 06:02

Decline in Cigarette Smuggling, Exports

EghtesadOnline: The Ministry of Industries, Mining and Trade estimates that 9.07 billion cigarettes were smuggled into Iran during the 10 months to Jan. 20 to register a 45% decline compared with the similar period of the year before.
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Publish Date:01/March/2020 | 11:26

Iran 's Graduate Unemployment at 17.4% in Q3

EghtesadOnline: Unemployment rate for university graduates stood at 17.4% in the third quarter of the current Iran ian year (Sept. 23-Dec. 21, 2019) to register a 1.2% decrease compared with the corresponding period of last year, the Statistical Center of Iran 's latest report on Iran 's labor market shows.
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Publish Date:01/March/2020 | 11:20

Iran Auto Output Up 4% in 10 Months

EghtesadOnline: Iran ’s automotive output increased by 4% during the 10 months ending Feb. 19 compared to a year earlier.
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Publish Date:01/March/2020 | 11:02

Iran : Currency, Gold Descend After Big Leaps

EghtesadOnline: Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates after a week of high volatility.
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Publish Date:01/March/2020 | 10:59

Qatar to Stand by Iran During COVID-19 Epidemic

EghtesadOnline: Qatar's emir said the Persian Gulf Arab state will not hesitate to assist Tehran in combating the coronavirus outbreak and they will support Iran ian people and its government during these trying times.
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Publish Date:01/March/2020 | 10:54

Need to Empower Watershed Management, Boost Spending

EghtesadOnline: The cost of managing watershed projects is much lower than the cost and damages inflicted by floods due to ignoring and delaying such projects, says a water expert at the Water, Environment and Energy Innovation and Technology Center in Tehran.
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Publish Date:29/February/2020 | 07:28

Lake Urmia Receiving 270 mcm of Water

EghtesadOnline: To help restore Lake Urmia, close to 270 million cubic meters of water will be gradually discharged into the troubled lake from four dams in West Azarbaijan Province over the next two months, head of Urmia Lake Restoration Project said.
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Publish Date:29/February/2020 | 07:26

Tehran Housing Upturn Endures

EghtesadOnline: Latest data released by the Central Bank of Iran show Tehran's housing market continues to pick up, leaving behind a long spell of inflationary recession.
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Publish Date:29/February/2020 | 07:06

Currency Rates Climb in Tehran for 3rd Straight Day

EghtesadOnline: The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank of Iran to intervene in the market to restore some semblance of calm.
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Publish Date:29/February/2020 | 07:04

Banks Debt to CBI Down 25%

EghtesadOnline: Debs of banks and credit institutions to the Central Bank of Iran declined 25.6% year-on-year to Dec. 21.
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Publish Date:29/February/2020 | 06:58

Inflation Downtrend Continues in Iran

EghtesadOnline: Latest data released by the Statistical Center of Iran show the average annual inflation has continued the downtrend that started in the ninth Iran ian month (Nov. 22-Dec. 21).
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Publish Date:29/February/2020 | 06:52

Majlis Rejects Outlines of Next Fiscal Budget Bill

EghtesadOnline: The Iran ian Parliament, also known as Majlis, rejected the outlines of the upcoming fiscal year’s (starting March 20, 2020) budget bill on Monday.
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Publish Date:29/February/2020 | 06:49

EU Stresses Collective Duty to Preserve JCPOA

EghtesadOnline: Secretary-General of the European External Action Service Helga Schmid underscored the collective obligation of all parties to keep the unraveling 2015 nuclear deal alive.
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Publish Date:29/February/2020 | 06:46

42.5% Voter Turnout

EghtesadOnline :Interior Minister Abdolreza Rahmani-Fazli announced a 42.5% turnout in the Friday parliamentary vote.
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Publish Date:29/February/2020 | 06:42