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Iran Steel Output to Hit 31m Tons

EghtesadOnline: Iran's nominal steel production capacity is set to increase to 42 million tons per annum by the end of the current fiscal year on March 20, 2020, the chairman of Iranian Mines and Mining Industries Development and Renovation Organization said.
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Publish Date: 23/August/2020 | 08:18

Iran to Build 2nd Oceanic Port Along Makran Coast

EghtesadOnline: Iran’s Ports and Maritime Organization is planning to build a new oceanic port on Makran Coast in the southern Hormozgan Province and has currently launched studies.
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Publish Date: 23/August/2020 | 08:16

‘Education' Registers Lowest Monthly Price Hike

EghtesadOnline: The average goods and services Consumer Price Index of education group in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 21.5% compared with last year’s corresponding period.
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Publish Date: 22/August/2020 | 24:58

DRI Output Climbs 11% YOY to 10.5 Million Tons in 4 Months

EghtesadOnline: More than 10.58 million tons of direct reduced iron were produced in Iran during the first four months of the current fiscal year (March 20-July 21) to register an 11% rise compared with last year’s similar period.
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Publish Date: 22/August/2020 | 24:50

Oil Minister: No Time for Complacency

EghtesadOnline: Contracts worth $1.7 billion have been signed between Iranian oil and services companies to increase production from existing fields, the oil minister said Wednesday.
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Publish Date: 22/August/2020 | 24:47

IIC Helps Policyholders to Cushion Virus Losses

EghtesadOnline: Iran Insurance Company has given 15 trillion rials ($65 million) in credit to policyholders who could not afford to pay their premiums due to the problems created by Covid-19.
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Publish Date: 22/August/2020 | 24:41

Iran's H1 Trade With EU Drops 7% YOY to €2.2 Billion

EghtesadOnline: Trade between Iran and EU member states during the first half of 2020 stood at €2.24 billion to register a 6.76% decline compared with last year’s corresponding period, latest data provided by the European Statistical Office show.
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Publish Date: 22/August/2020 | 24:34

Covid-19 Daily Deaths Drop

EghtesadOnline: Iran’s overnight fatalities from the coronavirus disease, Covid-19, dropped sharply to 112 on Friday, health officials said, down by nearly 30% compared to Wednesday.
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Publish Date: 22/August/2020 | 24:28

Gas Output Exceeds 700 mcm/d

EghtesadOnline: Average daily natural gas has surpassed 700 million cubic meters, a spokesman for the National Iranian Gas Company said.
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Publish Date: 20/August/2020 | 14:59

Iran's AgeWatch Index Under Scrutiny

EghtesadOnline: With a value score of 43.1, Iran is ranked 64th among 97 countries on the AgeWatch Index measured by Saba Pension Strategies Institute, an affiliate of the Civil Servants Pension Organization.
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Publish Date: 20/August/2020 | 14:43

Strong Upsurge in Domestic Production of Home Appliances

EghtesadOnline: The domestic production of home appliances during the first four months of the current Iranian year (March 20-July 21) has increased significantly year-on-year, latest statistics released by the Ministry of Industries, Mining and Trade show.
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Publish Date: 20/August/2020 | 14:41

Gov’t to Invest Over $170m in Auto Localization R&D Project

EghtesadOnline: Iran’s Industries Ministry plans to invest 40 trillion rials ($173.9 million) in a research and development project aimed at localizing key auto parts, a deputy industries minister said.
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Publish Date: 20/August/2020 | 14:39

University Entrance Exams Begin Amid Covid-19 Resurgence

EghtesadOnline: Iran’s death toll from the coronavirus pandemic topped the 20,000 mark on Wednesday, as over one million students sat for the nationwide tests to enter undergraduate and graduate programs.
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Publish Date: 20/August/2020 | 14:37

Export of all kinds of dates

EghtesadOnline: Date fruit is widely used around the world especially in the Middle East. Iran exports different types of dates, such as: Piarom, Kimia, Zahedi, and the like. Here, you will learn more about the export of dates and its various types
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Publish Date: 20/August/2020 | 08:36

Covid-19 Taking Toll on 50% of Iranian Startups

EghtesadOnline: Around 50% of Iranian startups will most probably collapse due to the coronavirus pandemic and its economic impact, Iran's ICT Guild Organization declared in a report.
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Publish Date: 19/August/2020 | 10:28

Central Bank of iran Eases HSA Home Loan Condition

EghtesadOnline: The Central Bank of Iran has accepted Bank Maskan’s proposal on amending a condition for getting the Housing Saving Account’s mortgage loan, says a senior official with state agent bank of Iran’s housing sector.
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Publish Date: 19/August/2020 | 10:14