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Iran to Tap Into Wealth Fund to Combat COVID-19

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved the withdrawal of $1 billion from the National Development Fund of Iran—the country’s sovereign wealth fund—to help fight the coronavirus epidemic.
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Publish Date: 11/April/2020 | 16:47

Call for Plans to Ease Financial Plight of Groups Hit by Pandemic

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has called on state officials and the public to develop relief plans to help alleviate the plight of those who have been financially hit as a consequence of the new coronavirus pandemic.
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Publish Date: 11/April/2020 | 16:35

Iranian Energy Firms Join Campaign Against COVID-19 Outbreak

EghtesadOnline: Oil and gas companies including the National Iranian South Oil Company, a subsidiary of the National Iranian Oil Company, are doing their fair share in helping degrade and defeat the coronavirus, managing director of the affiliated company said on Monday.
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Publish Date: 11/April/2020 | 16:31

IMIDRO, IRISL Sign Mineral Transport MoU

EghtesadOnline: Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has signed a memorandum of understanding with the Islamic Republic of Iran Shipping Lines to boost cooperation in the field of mineral transportation.
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Publish Date: 11/April/2020 | 16:25

1,185 Production Units Revived Last Year

EghtesadOnline: A total of 1,185 production units in Iran’s industrial parks and estates were revived in the last Iranian year that ended on March 19, according to Asghar Masaheb, the deputy head of Iran Small Industries and Industrial Parks Organization.
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Publish Date: 11/April/2020 | 16:21

Border Crossing Opens to Imports From Turkey

EghtesadOnline: Sari Su border crossing connecting Iran’s West Azarbaijan Province to Turkey will be used as a new route for trade between the two countries as of Friday, after Bazargan border crossing, in the same province, was closed in March due to the outbreak of the novel coronavirus disease, COVID 19.
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Publish Date: 11/April/2020 | 16:16

Iranian Tech Firms Helping Ward Off COVID-19

EghtesadOnline: Iranian knowledge-based companies and tech firms have stepped forward to produce health protective items needed to combat the novel coronavirus rapidly spreading in the country.
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Publish Date: 11/April/2020 | 16:14

Smart Distancing Initiative Launched

EghtesadOnline: Iran gave the go-ahead to low-risk businesses in the country, excluding Tehran, to resume activities as per the Smart Distancing Initiative to tackle the COVID-19 outbreak while minimizing its economic fallout.
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Publish Date: 11/April/2020 | 16:11

Central Bank of Iran Asks IMF to Uphold Its Mandate

EghtesadOnline: The CBI's governor says Iran is determined to use its legal right for receiving a loan from the International Monetary Fund to fight the coronavirus pandemic.
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Publish Date: 11/April/2020 | 15:54

New Corona Cases Decline

EghtesadOnline: Iran’s new coronavirus cases dropped to its lowest in eight days on Tuesday, registering 2,089 infections, down by 185 from a day earlier, a health official announced.
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Publish Date: 07/April/2020 | 16:43

Iranian Airlines' Losses Cross $180m

EghtesadOnline: Iranian airlines are estimated to have sustained 30,000 billion rials ($187 million) in losses by April 3, as coronavirus has halted flights within the country and abroad.
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Publish Date: 06/April/2020 | 23:09

INSTEX Operation Positive But Unsatisfactory

EghtesadOnline: The eventual operationalization of the European financial channel is welcomed by Iran, but does not meet the country’s expectations, a top diplomat said.
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Publish Date: 06/April/2020 | 23:06

Iran's 1st Silicon Production Factory in the Making

EghtesadOnline: Chairman of Iranian Mines and Mining Industries Development and Renovation Organization Khodadad Gharibpour and a private sector consortium on March 16 signed a memorandum of understanding for the establishment of Iran’s first silicon production factory.
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Publish Date: 06/April/2020 | 23:01

IRIR Launches Direct Ship-to-Train Freight Transfer

EghtesadOnline: The Islamic Republic of Iran Railways launched the direct transfer of containers from ship to train for the first time in 15 years on April 3 in cooperation with Ports and Maritime Organization and Government Trading Corporation of Iran, according to Saeed Rasouli, the managing director of IRIR.
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Publish Date: 06/April/2020 | 22:59

83% Rise in Freight Transport From Chabahar

EghtesadOnline: A total of 197,474 tons of essential goods, including wheat, rice and livestock feed, were transported from the southeastern port of Chabahar to the mainland from Feb. 20 to April 3 by 7,586 trucks, an official with Sistan-Baluchestan Department of Road Maintenance and Transportation said.
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Publish Date: 06/April/2020 | 22:54

Iran Corona Cases Cross 60,000

EghtesadOnline: Iran’s tally of coronavirus cases crossed 60,000 on Monday, as the country witnessed its seventh consecutive day of declining totals.
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Publish Date: 06/April/2020 | 22:50