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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

Iran's Housing PMI Drops in Fourth Fiscal Month

EghtesadOnline: The Purchasing Managers' Index for Iran's housing sector in the fourth month of the current fiscal year (June 21-July 21) settled at 52.78 from 64.36 in the preceding month (May 21-June 20).
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Publish Date: 10/August/2020 | 10:02

UNSC Set to Reject US Bid to Extend Iran Arms Ban

EghtesadOnline: The United Nations Security Council is expected to roundly reject the US resolution to extend Iran’s arms embargo, according to UN diplomats.
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Publish Date: 09/August/2020 | 11:19

Petrochem Industry Targets 133 Million Tons Output p.a.

EghtesadOnline: With the launch of 13 petrochemical projects by March, Iran’s petrochemical production capacity will reach 90 million tons per year from the current 70 million tons.
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Publish Date: 09/August/2020 | 11:16

New Chiefs for CAO, IranAir

EghtesadOnline: Touraj Dehqani Zanganeh will replace Ali Abedzadeh as the new head of the Civil Aviation Organization of Iran.
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Publish Date: 09/August/2020 | 11:08

Iran’s PMI Contracts 6.4%

EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for the Iranian economy settled at 45.47 in the month ending July 21 from 48.41 in the month ending June 20, indicating a 2.93-point or 6.42% contraction.
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Publish Date: 09/August/2020 | 10:52

Home Vacancy Tax Revisions Approved

EghtesadOnline: Iranian parliamentarians approved revisions to Article 54 of Direct Tax Code on Wednesday, which would make several changes to vacancy tax with the aim of returning empty properties to use as rental homes for people.
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Publish Date: 09/August/2020 | 10:40

Gas Production to Reach 330 bcm

EghtesadOnline: National Iranian Gas Company’s annual gas output will increase by at least 22% by 2021, head of the state-run NIGC said.
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Publish Date: 06/August/2020 | 18:39

Truckers Delayed at Afghan Border

EghtesadOnline: Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration said some Afghan transportation companies and truckers have closed the return route of Iranian trucks at the Milak border crossing to challenge a decision by Sistan-Baluchestan Provincial Security Council.
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Publish Date: 06/August/2020 | 18:34

Iran Auto Industry Future Uncertain

EghtesadOnline: Iran’s auto industry was in a hopeless and failing platform even before Donald Trump imposed tough new economic sanctions in 2018 after getting out of Iran’s historic nuclear agreement.
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Publish Date: 06/August/2020 | 18:15