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Virus Resurgence in Most Provinces

EghtesadOnline: A majority of Iran’s 31 provinces are once again registering a rise in coronavirus cases, the Health Ministry said, only weeks after the country passed the peak of a second wave.
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Publish Date: 17/September/2020 | 20:41

Iran's Q1 GDP Shrank by 2.8%

EghtesadOnline: Iran's gross domestic product contracted by 2.8% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, Governor of the Central Bank of Iran Abdolnasser Hemmati said.
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Publish Date: 17/September/2020 | 20:39

Bandar Abbas Power Plant Lacks Sufficient Gas Supply

EghtesadOnline: While most power plants in Iran use gas to generate electricity, Bandar Abbas Thermal Power Station is among the few still using mazut as the main feedstock and is a major source of air pollution in the capital of southern Hormozgan Province, director general of Hormozgan Provincial Directorate of Department of Environment said.
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Publish Date: 16/September/2020 | 24:24

15% Jump in Overflights

EghtesadOnline: Iran Airports Company registered 8,431 overflights during the month ending Aug. 21, which indicate a 15.57% increase compared with the previous month.
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Publish Date: 16/September/2020 | 24:15

Cooperatives Ministry: Gov’t Debts to SSO Hit $11.2 Billion by March

EghtesadOnline: The government’s debts to the Social Security Organization, Iran's biggest social insurance company that provides coverage to wage-earners and salaried workers as well as self-employed persons, amounted to 2,944 trillion rials ($11.2 billion) by the end of last fiscal year (March 19, 2020), the Ministry of Cooperatives, Labor and Social Welfare reported.
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Publish Date: 16/September/2020 | 24:14

Virus Resurgence in Most Provinces

EghtesadOnline: A majority of Iran’s 31 provinces are once again registering a rise in coronavirus cases, the Health Ministry said, only weeks after the country passed the peak of a second wave.
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Publish Date: 16/September/2020 | 24:12

Iran's Q1 GDP Shrank by 2.8%

EghtesadOnline: Iran's gross domestic product contracted by 2.8% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, Governor of the Central Bank of Iran Abdolnasser Hemmati said.
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Publish Date: 16/September/2020 | 24:10

IAEA Chief Upbeat About Reinforcing Mutual Coop.

EghtesadOnline: The International Atomic Energy Agency has welcomed the recent agreement with Iran over safeguards implementation issues, hoping to reinforce cooperation and enhance mutual trust.
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Publish Date: 15/September/2020 | 10:12

Assassination Plot Against US Envoy Denied

EghtesadOnline: The Iranian Foreign Ministry rejected a report about Tehran’s plans to assassinate an American diplomat in South Africa, describing it as “biased and targeted”.
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Publish Date: 15/September/2020 | 10:09

MSC Remains Frontrunner in Domestic Steel Production

EghtesadOnline: With an output of 7.58 million tons, Mobarakeh Steel Company had the largest share of steel production in Iran during the first five months of the current fiscal year (March 20-Aug. 21).
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Publish Date: 15/September/2020 | 09:37

Banks Clearly Losing Traction

EghtesadOnline: Iranians’ tendency to invest in banks has declined drastically in favor of stocks and real estate markets, according to a poll by the Iran Student Polling Agency (ISPA).
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Publish Date: 15/September/2020 | 09:36

Iran Airport Traffic Down 38%

EghtesdOnline: Iran Airports Company registered 88,269 takeoffs and landings during the first five months of the current Iranian year (March 20-Aug. 21) to register a 38% decline compared with the similar period of last year.
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Publish Date: 15/September/2020 | 09:33

Rial Makes a Comeback After Two Months of Historic Lows

EghtesadOnline: The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran.
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Publish Date: 15/September/2020 | 09:30

Education Inflation at 21.5%

EghtesadOnline: The average goods and services Consumer Price Index of education, among 12 groups of the basket of consumer goods and services purchased by households in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, increased by 21.5% compared with last year’s corresponding period.
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Publish Date: 14/September/2020 | 13:50

DRI Output Rises 8% YOY to 12.8m Tons

EghtesadOnline: Close to 12.86 million tons of direct reduced iron were produced in Iran during the first five months of the current fiscal year (March 20-Aug. 21) to register an 8% rise compared with last year’s similar period.
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Publish Date: 14/September/2020 | 13:12

Domestic Raw Materials Meet 100% of Construction Demand

EghtesadOnline: Iran’s building and construction industry meets 100% of its requirements for raw materials from the local market, says Jafar Sarqeini, the caretaker of the Ministry of Industries, Mining and Trade.
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Publish Date: 14/September/2020 | 13:02

CBI Reiterates Flexibility Toward Exporters

EghtesadOnline: The Central Bank of Iran continues to exercise flexibility toward exporting companies regarding the repatriation of export earnings, the bank’s governor said.
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Publish Date: 14/September/2020 | 24:57