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Industrial PMI Improves

EghtesadOnline: Purchasing Managers' Index for the seventh month of the current fiscal year (Sept. 23-Oct. 22) settled at 50.97 from 50.43 in the preceding month (Aug. 23-Sept. 22), indicating a 0.54-point or 1.07% increase month-on-month, the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture has announced.
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Publish Date:16/November/2019 | 24:03

30% Decline in Iran 's Aluminum Ingot Production Over Seven Months

EghtesadOnline: The output of major Iran ian aluminum producers reached 146,296 tons of aluminum ingots during the first seven months of the current Iran ian year (March 21-Oct. 22), which indicates a 30% decrease compared with last year's corresponding period, the Iran ian Mines and Mining Industries Development and Renovation Organization's latest report shows.
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Publish Date:16/November/2019 | 11:59

Iran ian Firms Participate in China Hi-Tech Exhibition

EghtesadOnline: The 21st China Hi-Tech Fair (also known as CHTF 2019) kicked off on Wednesday in Shenzhen City, attracting over 3,300 exhibitors from across the world, including 10 Iran ian knowledge-based companies.
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Publish Date:16/November/2019 | 11:57

Forex at Three-Month High

EghtesadOnline: Currency rates in Tehran’s market have been rising since last week after more than three months of relative calm.
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Publish Date:16/November/2019 | 11:54

Iran : New Quotes, Prices for Gasoline

EghtesadOnline: The National Iran ian Oil Products Distribution Company (NIOPDC) announced Friday that gasoline has been rationed and prices raised by at least 50%.
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Publish Date:16/November/2019 | 11:53

$15.6 Million ICT Projects Come on Stream in Yazd

EghtesadOnline: In line with the government's efforts to upgrade ICT infrastructure throughout Iran , several projects worth 1.8 trillion rials ($15.6 million) were inaugurated in the central province of Yazd on Sunday.
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Publish Date:13/November/2019 | 10:22

Banks Shutter 438 Branches in 7 Months

EghtesadOnline: Data from the Central Bank of Iran shows lenders are working to cut extra and unwanted branches over the past two quarters.
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Publish Date:13/November/2019 | 10:20

Ageing Power Plants Becoming a Liability

EghtesadOnline: Replacing old and outdated power plants, namely the Rey power station in south Tehran, is a compulsion.
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Publish Date:13/November/2019 | 10:18

Tehran Schools Close Over Choking Smog

EghtesadOnline: Air Quality Index in Tehran on Tuesday hovered around 130, above the threshold of "unhealthy for sensitive groups", which has pushed authorities to take a further drastic measure to curb the smog.
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Publish Date:13/November/2019 | 10:16

Zarif hails Palestinians' imposing of truce on Zionist regime as a success

EghtesadOnline: Iran ian Foreign Minister Mohammad Javad Zarif in a phone conversation with the Chairman of the Hamas Political Bureau Ismail Haniyeh slammed the recent Zionist regime aggression against Palestinians and hailed their success in imposing a ceasefire on Zionists.
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Publish Date:19/November/2019 | 24:13

EU Rebuked for Failing to Meet JCPOA Commitments

EghtesadOnline: Foreign Minister Mohammad Javad Zarif censured the European signatories to the 2015 nuclear deal for failing to fulfill their pledges after they claimed in a joint statement on Monday that they have fully upheld their commitments.
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Publish Date:13/November/2019 | 10:14

Zarif Meets Kazakhstan’s Nazarbayev in Nursultan

EghtesadOnline: Iran ian Foreign Minister Mohammad Javad Zarif and Kazakhstan’s former president, Nursultan Nazarbayev, held talks in Nursultan on Tuesday.
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Publish Date:13/November/2019 | 10:12

Residential Rents in Iran Urban Areas Rise 23% YOY in Summer

EghtesadOnline: The residential rent index in Iran 's urban areas (using the Iran ian year to March 2017 as the base year) stood at 151.9 in summer, the second quarter of the current Iran ian year (June 22-Sept.22), indicating a 23.1% rise compared with the same quarter of last year.
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Publish Date:13/November/2019 | 10:06

Iran 's Non-Oil Foreign Trade Falls 8% to $49.5 Billion

EghtesadOnline: Iran 's non-oil foreign trade (except for crude oil, mazut, kerosene and exports via suitcase) during the first seven months of the current Iran ian year (March 21-Oct. 22) stood at $49.57 billion, indicating an 8.37% decline compared with last year's corresponding period, the Islamic Republic of Iran Customs Administration reported.
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Publish Date:13/November/2019 | 10:05

Private Renewable Energy Companies Can Export Power

EghtesadOnline: In line with plans to attract investments for green energy projects, the private sector has been authorized to export electricity generated via renewables, head of Renewable Energy and Energy Efficiency Organization said Tuesday.
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Publish Date:13/November/2019 | 10:03

Iran Life Insurance Growth Impressive

EghtesadOnline: Insurance companies generated 66 trillion rials ($584 million) from life insurance policies in the last fiscal year (ended March 2019), indicating 42.3% increase compared to the year before.
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Publish Date:13/November/2019 | 09:59

Iran 's H1 Mineral Exports Rise 11% to $3.8b

EghtesadOnline: Iran exported 15.8 million tons of mineral products worth $3.89 billion during the first half of the current Iran ian year (March 21-Sept. 22) to register a 27.3% and 11.7% growth in tonnage and value respectively compared with last year’s corresponding period, Elaheh Mokri, an official with the Trade Promotion Organization of Iran , said.
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Publish Date:13/November/2019 | 09:58

Majlis Election HQ Opens

EghtesadOnline: The headquarters of the upcoming parliamentary elections was officially inaugurated during a ceremony in Tehran on Monday in the presence of Interior Minister Abdolreza Rahmani Fazli.
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Publish Date:12/November/2019 | 24:11

EU Ministers Discuss Ways of Keeping Nuclear Deal Alive

EghtesadOnline: European Union foreign ministers on Monday debated ways of keeping the Iran nuclear deal alive after Tehran increased its enrichment work last week as part of a plan to reduce compliance with the accord.
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Publish Date:12/November/2019 | 24:09

Value of ETFs Up 7%

EghtesadOnline: A monthly report by the Central Securities Depository of Iran shows that the value of exchange-traded funds crossed 184 trillion rials ($1.6b) by the end of the last calendar month to October 22.
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Publish Date:12/November/2019 | 24:08