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Slight Improvement in Iran's Housing PMI

EghtesadOnline: The Purchasing Managers' Index for the housing sector in the fifth month of the current fiscal year (July 22-Aug. 21) settled at 52.94 from 52.78 in the preceding month (June 21-July 21).
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Publish Date: 08/September/2020 | 14:04

Currency Swaps and Challenges

EghtesadOnline: The Monetary and Banking Research Institute (MBRI), the research arm of Central Bank of Iran, has looked into challenges ahead of Iran’s currency swap agreements and offered solutions.
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Publish Date: 08/September/2020 | 14:02

Furniture Exports Rise 290% to $75m in Fiscal 2019-20

EghtesadOnline: A total of $75 million worth of furniture were exported during the last Iranian year (March 2019-20), registering a whopping rise of 290% compared with the previous year, according to the head of Furniture Manufacturers and Exporters Union.
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Publish Date: 07/September/2020 | 13:16

W. Azarbaijan Accounts for Bulk of Apple Exports

EghtesadOnline: A total of 750,000 tons of apples were exported from Iran in the last Iranian year (March 2019-20), more than 504,000 tons (67.2%) of which were produced in West Azarbaijan Province.
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Publish Date: 07/September/2020 | 13:08

Overall Economic PMI Slightly Improves

EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran's overall economy settled at 46.43 in the month ending August 21 from 45.47 in the month ending July 21, indicating 0.96 points or 2.11% improvement.
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Publish Date: 07/September/2020 | 13:06

Bank Deposits Grow 35%

EghtesadOnline: Bank customers had 29,326.1 trillion rials ($127.5 billion) in deposits by the end of the calendar month to June 20, according to monthly data released by the Central Bank of Iran.
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Publish Date: 07/September/2020 | 24:59

SHTA’s Relevance Conceivable

EghtesadOnline: The trade channel between Iran and Switzerland, known as the Swiss Humanitarian Trade Agreement (SHTA), is expected to be more viable than its counterparts and function even after a possible change of government in United States next year, head of the Iran-Switzerland Joint Chamber of Commerce said.
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Publish Date: 07/September/2020 | 24:51

874,000 Bad Checks Written in 1 Month

EghtesadOnline: Checks worth about 195 trillion rials ($866 million) bounced during the Iranian month to July 21 -- up 4.9% compared to a month before.
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Publish Date: 06/September/2020 | 24:33

Gasoline Quality Conforms to EU Standards: NIODC

EghtesadOnline: The level of the hazardous elements in gasoline in Iran complies with quantity set by the European Union emission standards, spokesman of the National Iranian Oil Products Distribution Company said.
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Publish Date: 06/September/2020 | 24:26

School Year Begins in Iran Amid Covid-19 Concerns

EghtesadOnline: The new school year opened on Saturday in Iran following a nearly seven-month gap, as families expressed concerns over the safety of their children amid the coronavirus pandemic.
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Publish Date: 06/September/2020 | 24:23

Iran's Trade With Turkey at $1.4b

EghtesadOnline: Iran’s trade with Turkey totaled $1.39 billion during the first seven months of 2020 (January-July) to register a decrease of 67% compared with the corresponding period of 2019, latest data released by Turkish Statistical Institute show.
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Publish Date: 05/September/2020 | 24:44

Fiscal 2019-20 Q4 Construction Permits in Review

EghtesadOnline: The Statistical Center of Iran has published its latest figures concerning the number of building permits issued in Tehran as well as other urban areas during the fourth quarter of the last fiscal year that ended on March 19, 2020.
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Publish Date: 05/September/2020 | 24:34

H1 Overflight Revenues Down 46%

EghtesadOnline: Iran Airports Company’s revenues from overflight charges decreased by 46% or $69 million in the first half of 2020 compared with the same period of 2019, according to Siavash Amirmokri, managing director of the company.
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Publish Date: 05/September/2020 | 24:32

Health Minister Warns of Third Covid-19 Wave

EghtesadOnline: Iran’s death toll due to the coronavirus pandemic crossed the 22,000 mark on Friday, as the country’s health minister warned that public complacency could trigger a third wave of infections.
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Publish Date: 05/September/2020 | 24:27

88% of Iranian Border Crossings Open for Trade, Travel Traffic

EghtesadOnline: Following the outbreak of coronavirus that forced the shutdown of almost all Iranian borders, some 88% of the country’s crossings have reopened for trade exchanges and passenger traffic, says Mojtaba Mousavian, deputy head of Trade Promotion Organization of Iran.
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Publish Date: 05/September/2020 | 24:24

JCPOA Parties, Int’l Community Oppose Washington’s Unilateralism

EghtesadOnline: All the signatories of Iran’s 2015 nuclear deal and a major part of the international community are opposed to the United States’ unilateralism that undermines global multilateral efforts, an Iranian senior diplomat said.
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Publish Date: 03/September/2020 | 13:57