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

EghtesadOnline: Iranian 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 Iranian 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 Iranian 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

Iran Presidential Election Set for June 18

EghtesadOnline: Iran will hold its 2021 presidential election on June 18, the Interior Ministry announced on Monday, as incumbent President Hassan Rouhani’s two four-year terms in office come to an end.
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Publish Date: 25/August/2020 | 11:21

IAEA Expected to Uphold Independence, Impartiality

EghtesadOnline: Iran and the International Atomic Energy Agency face no problem as long as the global body acts impartially, independently and away from political pressure from third parties, an Iranian senior diplomat said.
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Publish Date: 25/August/2020 | 11:19

Iraq Will Continue Buying Gas and Power From Iran

EghtesadOnline: Iraq could lower its reliance on Iranian gas and electricity imports next year if (and when) OPEC's second largest oil producer can implement multi-billion deals signed with US companies and attract Saudi investments, the deputy prime minister said.
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Publish Date: 25/August/2020 | 11:17

2 IGAT Trunklines Inaugurated

EghtesadOnline: The sixth and ninth Iran Gas Trunklines (IGAT-6 and 9) were officially launched on Monday.
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Publish Date: 25/August/2020 | 11:13

Gov’t Tapping Into NDFI Resources

EghtesadOnline: A total of 56.5 trillion rials ($245.11 million) have been paid as part of coronavirus package from the National Development Fund of Iran, ISNA quoted Hamid Pour-Asghari, an official with the Plan and Budget Organization of Iran, as saying.
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Publish Date: 25/August/2020 | 11:09

Iran Auto Output Up 21%

EghtesadOnline: Iran’s automotive output increased by 21% during the first five months of the current Iranian year (March 20-August 21) compared to the year-ago period.
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Publish Date: 25/August/2020 | 11:05

Iran’s Inflation at 25.8%

EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, increased by 25.8% compared with the corresponding period of the last fiscal year, latest data released by the Statistical Center of Iran show.
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Publish Date: 24/August/2020 | 24:05

Covid-19 Cases Decline for 3rd Straight Day

EghtesadOnline: Iran’s daily coronavirus caseload dropped for the third consecutive day on Saturday, with 2,028 new infections, down by 178 compared to a day earlier.
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Publish Date: 24/August/2020 | 24:02

Humanitarian Trade Talks With Seoul

EghtesadOnline: South Korea is seeking to sell medicine and medical equipment in lieu of its arrears to Iran blocked in the south eastern country’s banks, head of Iran-South Korea Joint Chamber of Commerce said.
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Publish Date: 24/August/2020 | 11:59

Iranian Fintechs Propose a Way Out of Payment Fee Quandary

EghtesadOnline: Iran’s Fintech Association has proposed a new fee system for online payment in which payment aggregators and payment service providers cover the network fees, which are currently paid by banks.
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Publish Date: 24/August/2020 | 11:52

Exporters Transfer Home $2.5 Billion

EghtesadOnline: The governor of the Central Bank of Iran said exporters transferred home $2.5 billion before the July deadline set by the regulator.
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Publish Date: 24/August/2020 | 11:48

Iran, UAE Determined to Expand Trade Ties Despite Politics

EghtesadOnline: Iran and the UAE are determined to expand business ties, despite their political disputes, the Iranian chairman of the two neighboring countries’ joint chamber of commerce says.
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Publish Date: 23/August/2020 | 11:33

Seasonal Rice Import Ban Postponed to September 21

EghtesadOnline: This year’s seasonal ban on rice imports has been postponed and will come into effect on Sept. 22 instead of the previously announced date (July 22), according to the Islamic Republic of Iran Customs Administration’s deputy for technical affairs.
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Publish Date: 23/August/2020 | 11:28

Q1 Coal Concentrate Output Tops 340K Tons

EghtesadOnline: Iranian coal mines had an aggregate output of 340,144 tons of coal concentrate during the first three months of the current Iranian year (March 20-June 20), latest data released by the Ministry of Industries, Mining and Trade show.
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Publish Date: 23/August/2020 | 11:24

Covid-19 Cases Decline for 3rd Straight Day

EghtesadOnline: Iran’s daily coronavirus caseload dropped for the third consecutive day on Saturday, with 2,028 new infections, down by 178 compared to a day earlier.
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Publish Date: 23/August/2020 | 11:20