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Iran Closes Down Businesses in 43 Counties Amid Coronavirus

EghtesadOnline: Iran’s National Coronavirus Taskforce shut down non-essential businesses in 43 counties with extremely high Covid-19 transmission rates for one week to slow the spread of a third wave of infections.
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Publish Date: 27/October/2020 | 11:50

IRENEX Generates $1b in One Day

EghtesadOnline: More than 28 million barrels of gasoline were sold at the international ring of Iran Energy Exchange on Wednesday -- a record both in terms of value and volume.
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Publish Date: 26/October/2020 | 15:12

IRENEX Generates $1b in One Day

EghtesadOnline: More than 28 million barrels of gasoline were sold at the international ring of Iran Energy Exchange on Wednesday -- a record both in terms of value and volume.
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Publish Date: 26/October/2020 | 15:12

A Win for Private Power Producers

EghtesadOnline: As per a government directive the Iran Power Generation, Transmission and Distribution Management Company (Tavanir) will henceforth not be the sole buyer of electricity from private power companies, an Energy Ministry spokesman said.
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Publish Date: 22/October/2020 | 20:11

Iran Chamber of Commerce Evaluates Q2 Business Environment

EghtesadOnline: Iran’s business environment deteriorated in the second quarter of the current year (June 21-Sept. 21), according to Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date: 22/October/2020 | 20:02

Daily Covid Cases Surge Past 5,600

EghtesadOnline: Iran’s tally of overnight Covid-19 cases hit an all-time high of 5,600 on Wednesday, breaking the previous day’s record by 11%, according to data compiled by the Health Ministry.
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Publish Date: 22/October/2020 | 19:56

No Intention to Join Regional Arms Race

EghtesadOnline: Even with the removal of global restrictions, Iran has no intention to join the arms race in the region, which only serves the financial interests of weapons manufacturers, a senior government official said.
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Publish Date: 21/October/2020 | 13:17

Americans Slammed Over Threats Against Iran

EghtesadOnline: China lambasted the United States for “peddling arms” and “interfering” in the domestic affairs of other countries in the wake of Washington’s threat that it will impose sanctions on any country that trades arms with Iran.
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Publish Date: 21/October/2020 | 13:15

H1 Steel Production Rises 9% YOY to Over 25 Million Tons

EghtesadOnline: Iranian steelmakers produced a total of 25.39 million tons of semi-finished and finished steel products during the first half of the current fiscal year (March 20-Sept. 21) to register a 9.16% year-on-year increase.
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Publish Date: 21/October/2020 | 24:49

Iran Chamber of Commerce Evaluates Q2 Business Environment

EghtesadOnline: Iran’s business environment deteriorated in the second quarter of the current year (June 21-Sept. 21), according to Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date: 21/October/2020 | 24:47

Dollar Falters, Gold Loses Luster

EghtesadOnline: Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran.
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Publish Date: 21/October/2020 | 24:38

Grim Outlook as Stocks Plummet

EghtesadOnline: Sell-off continued battering Iran’s share market on Tuesday with the benchmark of the Tehran Stock Exchange, TEDPIX, having lost more than 10% in the past three sessions.
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Publish Date: 21/October/2020 | 24:36

Abdullah Seeks Iran’s Support for Afghan Peace Process

EghtesadOnline: A top Afghan authority has called on Iranian officials to cooperate with the South Asian government and support its peace process to ensure sustainable stability in that war-torn country and the region.
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Publish Date: 19/October/2020 | 18:47

UN Arms Embargo Terminated

EghtesadOnline: The Iranian Foreign Ministry on Sunday announced the automatic termination of the United Nations’ arms restrictions and travel ban on Iran as of October 18 in accordance with UN Security Council Resolution 2231.
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Publish Date: 19/October/2020 | 18:46

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