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Gov't Borrowing From Central Bank Rises 50%

EghtesadOnline: A Central Bank of Iran report said the government’s debt to the banking sector increased by 50.8% in the last fiscal year that ended in March.
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Publish Date:19/July/2021 | 11:56

Iran -China 25-Year Cooperation Agreement:

EghtesadOnline: China and Iran signed a 25-year strategic cooperation agreement on March 27, 2021, which mainly addresses economic issues amid crippling US sanctions on Iran .
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Publish Date:17/July/2021 | 15:08

Iran 's Q1 Unemployment Rate at 8.8%

EghtesadOnline: Iran ’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 8.8% in the first quarter of the current Iran ian year (March 21-June 21), indicating a 1% decline compared with the same period of last year.
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Publish Date:17/July/2021 | 15:07

Land Subsidence Threat Overlooked

EghtesadOnline: Tehran is losing the battle against land subsidence, as the earth sinks in some plains of the province by about 30 centimeters every year, and conditions are more critical in Shahriar and Varamin counties in southwest and south, director of the Forecasting and Early Warning Office at the Iran Meteorological Organization said.
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Publish Date:14/July/2021 | 13:02

Iran -US Trade Exceeded $16 Million in Five Months

EghtesadOnline: Iran ’s commercial transactions with the US amounted to $16.6 million during the first five months of 2021 to register a 17.5% decline compared with the corresponding period of 2020.
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Publish Date:14/July/2021 | 13:00

Challenges Facing Domestic Apparel Sector Scrutinized

EghtesadOnline: Iran ’s domestic demand for apparel stands at 510,000 tons, while annual production is around 385,000 tons per year, according to the vice chairman of Iran 's Textile and Apparel Production and Export Union.
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Publish Date:14/July/2021 | 24:58

Iran Leading World Trout Producer

EghtesadOnline: Atotal of 120 million trout eyed eggs worth $3.1 million were imported during the last Iran ian year (March 2020-21), showing a 162% and 60.76% plunge in the number and value respectively compared with the year before, according to the head of Iran Fisheries Organization.
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Publish Date:14/July/2021 | 24:57

Japan to Donate AstraZeneca Jabs to Iran

EghtesadOnline: Japan’s Foreign Ministry announced on Tuesday its intention to donate some 2.9 million AstraZeneca vaccine jabs to Iran in the near future.
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Publish Date:14/July/2021 | 24:48

Vegetable Oil Industry Stabilizes

EghtesadOnline: A total of 600,000 tons of vegetable oil were produced in Iran during the first three months of the current Iran ian year (March 21-June 21). According to the secretary of Iran ian Vegetable Oil Industry Association, output outweighed domestic demand during the period under review.
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Publish Date:13/July/2021 | 24:30

Monthly Industrial PMI Down 14%

EghtesadOnline: The Purchasing Managers’ Index for Iran ian industries during the third month of the current fiscal year (May 22-June 21) settled at 54.21 from 63 of the preceding month (April 21-May 21), indicating an 8.79-point or a 14% decline.
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Publish Date:12/July/2021 | 24:27

Clampdown on Illegal Cryptomining Continues

EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) shuts almost 50 illegal crypto farms every day as it tries to alleviate the worsening power shortages, the company spokesman said at the weekend.
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Publish Date:12/July/2021 | 24:18

Armenia to Increase Iran Flights

EghtesadOnline: Armenia plans to increase its nine flights to Iran per week to 11 as of next week, according to the spokesperson of the Islamic Republic of Iran Civil Aviation Organization.
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Publish Date:07/July/2021 | 24:04

Steelmakers Ordered to Cut Power Use by 10%

EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered steel and cement production factories to reduce electricity consumption by 10%, otherwise their power supply will be cut.
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Publish Date:07/July/2021 | 24:01

Iran 's Q3 Real-Estate Market in Urban Areas Reviewed

EghtesadOnline: The Statistical Center of Iran has published its latest report on home and land prices as well as rent levels in the country’s urban areas during the third quarter of the last Iran ian year (Sept. 22-Dec. 20, 2020), the autumn of fiscal 2020-21.
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Publish Date:07/July/2021 | 24:00