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Tehran Housing Inflation at 46.4%

EghtesadOnline: Tehran’s housing Consumer Price Index in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 46.4% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show.
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Publish Date: 13/August/2020 | 09:24

Central Bank of Iran Sees Reason in Gov’t Oil Presale Proposal

EghtesadOnline: The governor of Central Bank of Iran has backed a government crude oil presale plan of action for domestic buyers, saying that it is one of the few government options to fund the budget deficit in a “healthy” manner.
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Publish Date: 13/August/2020 | 09:22

$3.5b in Q1 Industrial Investments Expected

EghtesadOnline: A total of 784.02 trillion rials ($3.58 billion) worth of investments are expected to be made in industrial units, for which establishment permits were issued during the first three months of the current Iranian year (March 20-June 20), registering an increase of 37.3% compared with the similar period of last year.
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Publish Date: 12/August/2020 | 10:36

468 Industrial Units Revived Since March 20

EghtesadOnline: Atotal of 468 inactive industrial units across Iran have resumed operations from the beginning of the current fiscal year (March 20) to August 10 with the support of Iran Small Industries and Industrial Parks Organization, affiliated to the Ministry of Industries, Mining and Trade.
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Publish Date: 12/August/2020 | 10:31

Iran Steel Heavyweights' Exports Down 44% to 1.28m Tons

EghtesadOnline: Iranian heavyweight steel producers exported a total of 1.28 million tons of finished and semi-finished steel products, including beam, rebar, ingot, slab, hot and cold-rolled coils, and coated coils, during the first four months of the current Iranian year (March 20-July 21) to register a 44% decline compared with last year’s corresponding period.
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Publish Date: 12/August/2020 | 10:28

Iran Gov’t Decides ETFs Are Ideal

EghtesadOnline: The economy and oil ministries said Tuesday that they would stick with the previously announced method to divest government shares in four refineries via an exchange-traded fund and this week’s decision to offer shares only in blocks has be rescinded.
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Publish Date: 12/August/2020 | 10:25

Mineral Explorations Grow 15 Percent in Four Months

EghtesadOnline: The area under mineral explorations in Iran expanded by 30,000 square meters during the first four months of the current Iranian year (March 20-July 21), according to the Geological Survey and Mineral Explorations of Iran.
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Publish Date: 12/August/2020 | 10:16

TIR Operations Begin on Iran-Afghanistan-Uzbekistan Route

EghtesadOnline: Two truckers have left Shahid Rajaee Port in the southern Hormozgan Province to Uzbekistan via Afghanistan to mark the first successful TIR pilot operation along the Iran-Afghanistan-Uzbekistan corridor, Mostafa Ayati, an official with the Islamic Republic of Iran Customs Administration, said on Monday.
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Publish Date: 12/August/2020 | 10:12

Univ. Entrance Exams Will Likely Be Postponed Amid Pandemic

EghtesadOnline: Iran is expected to postpone its annual university entrance test for the second time, as authorities in charge of holding the test have found it impossible to implement the Health Ministry’s last-minute changes to Covid-19 safety regulations.
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Publish Date: 12/August/2020 | 10:09

67% Rise in Aluminum Output

EghtesadOnline: Iranian aluminum producers had a total output of 138,781 tons of aluminum ingots during the first four months of the current Iranian year (March 20-July 20) to register a 67% increase compared with the corresponding period of last year.
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Publish Date: 11/August/2020 | 17:58

Iran's Industrial PMI Drops for Second Consecutive Month

EghtesadOnline: The Purchasing Managers’ Index for industries during the fourth month of the current fiscal year (June 21-July 21) settled at 55.25 from 56.80 in the preceding month (May 21-June 20), indicating a 2.73% decrease.
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Publish Date: 11/August/2020 | 17:37

Iran Natural Gas Consumption Up 4% Since March

EghtesadOnline: Natural gas consumption has reached 85 billion cubic meters since the beginning of the current fiscal in late March, up 4% compared to the same period in 2019, head of National Iranian Gas Company Dispatching Department said.
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Publish Date: 11/August/2020 | 17:32

Parvizkhan Border Exports Exceed $560m

EghtesadOnline: A total of 1.34 million tons of commodities worth $562 million were exported from Parvizkhan border crossing in Kermanshah Province’s Qasr-e-Shirin County during the first four months of the current Iranian year (March 20-July 21), which made it the busiest checkpoint of the western Iranian province over the period.
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Publish Date: 11/August/2020 | 17:25

Iran's Daily Covid-19 Update: 2,132 Cases, 189 Deaths

EghtesadOnline: Iran reported an uptick in coronavirus cases and deaths on Monday, logging 2,132 infections and 189 deaths, according to data compiled by the Health Ministry.
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Publish Date: 11/August/2020 | 17:21

Iran Gov’t Reversal Rattles Share Market

EghtesadOnline: Tehran stocks took an unexpected drubbing Monday following reports that the government had a change of heart and was suspending share offers in four refineries via exchange-traded funds.
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Publish Date: 11/August/2020 | 17:16

Iran's 1st Rail Emergency Center Launched

EghtesadOnline: Iran’s first rail emergency center was inaugurated on Thursday in a ceremony attended by Health Minister Saeed Namaki, CEO of the Islamic Republic of Iran Railways Saeed Rasouli and the head of Iran Emergency Organization, Pirhossein Kolivand.
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Publish Date: 10/August/2020 | 11:20

Complaints Against Goods, Service Providers Near 22,000

EghtesadOnline: A total of 21,906 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the month ending June 22, the head of Consumers and Producers Protection Organization said.
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Publish Date: 10/August/2020 | 11:18

Seasonal Ban on Rice Imports as of Aug. 22

EghtesadOnline: The seasonal ban on rice imports will come into effect from Aug. 22, according to the deputy head of the Islamic Republic of Iran Customs Administration for technical affairs.
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Publish Date: 10/August/2020 | 11:14