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$50b Needed to Boost Gas Output

EghtesadOnline: An estimated $50 billion is needed to develop and maintain gas fields across Iran over the next 20 years, managing director of Pars Oil and Gas Company, a subsidiary of the National Iran ian Oil Company said.
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Publish Date:30/January/2021 | 19:16

Iran Fara Bourse to Launch OTC Market

EghtesadOnline: Iran Fara Bourse, Tehran's junior equity exchange, is to set up an over-the-counter market for listing companies not eligible for listing on the IFB prime market, an official with the Securities and Exchange Organization (SEO) said.
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Publish Date:30/January/2021 | 19:13

Iran Launches Tech Hub in Kenya

EghtesadOnline: Iran has launched a tech hub in Nairobi, the capital of Kenya, to provide a platform for exchanging tech ideas and facilitate trade.
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Publish Date:30/January/2021 | 19:12

Domestic Air Passenger Traffic Declines by 42%

EghtesadOnline: Iran ian airports' domestic passenger traffic during the first three quarters of the Iran ian fiscal year (Mar. 22-Dec 20, 2020) declined by 42% year-on-year to 18.3 million, according to the latest report published by Iran Airports Company.
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Publish Date:29/January/2021 | 11:32

Iran 's Top Banker in Muscat

EghtesadOnline: The governor of the Central Bank of Iran , Abdolnasser Hemmati, is visiting Oman to discuss ways to expand banking relations between the two Persian Gulf neighbors.
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Publish Date:27/January/2021 | 19:45

Iran 's Q1-3 Steel Exports Decline by 17% as Imports Increase by 73%

EghtesadOnline: Atotal of 6.45 million tons of finished and semi-finished steel products were exported from Iran during the first three quarters of the current fiscal year (March 21-Dec. 20) to register a 17.18% decline year-on-year, the Iran ian Steel Producers Association reported.
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Publish Date:27/January/2021 | 19:38

Iran : Covid-19 Vaccination to Start Soon

EghtesadOnline: Government Spokesman Ali Rabiei announced on Tuesday that Iran will start its mass inoculation program over the next two weeks.
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Publish Date:27/January/2021 | 19:35

Q1-Q3 Aluminum Output Rises by 66 Percent to Over 325K Tons

EghtesadOnline: Iran ian aluminum producers had a total output of 325,223 tons of ingots during the first nine months of the current Iran ian year (March 20-Dec. 20) to register a 66% rise compared with the corresponding period of last year.
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Publish Date:25/January/2021 | 19:44

1st Covid Vaccines to Arrive Soon

EghtesadOnline: Health Minister Saeed Namaki on Sunday announced that the first batch of Covid-19 vaccines will arrive in Iran in a matter of days.
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Publish Date:25/January/2021 | 19:19

Iran Oil Exports on the Rise

EghtesadOnline: Iran set the highest record of oil products export during the past three years when the country was under tough sanctions imposed by the former US administration, the Oil Minister said at the opening ceremony of the 25th Iran Oil, Gas, Refining and Petrochemical Exhibition in Tehran January 22.
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Publish Date:25/January/2021 | 19:12

Q1-3 Housing Loans Hit $1.12b

EghtesadOnline: Bank Maskan, the state agent bank of Iran ’s housing sector, paid a total of 1.47 million loans worth 257,800 billion rials ($1.12 billion) to applicants during the nine months to Dec. 20, 2020, registering a 43% growth in value compared with the same period of the year before.
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Publish Date:24/January/2021 | 17:16

SCI Releases Statistics on Lightweight Livestock

EghtesadOnline: There were 46.6 million sheep and lambs and 16.7 million goats and goat kids at Iran ’s livestock farms in the month ending Dec 20, 2020, indicating an increase of 8.3% in the number of sheep and lambs, and an increase of 9% in the number of goats and goat kids compared with the same period of last year.
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Publish Date:24/January/2021 | 17:10

Auto Output Rises Marginally

EghtesadOnline: Iran ’s automotive production increased by 0.9% during the 10 months to Jan. 19, compared with the same period of last year.
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Publish Date:24/January/2021 | 16:24

Concerns Over Halt in Covid-19 Downtrend in Iran

EghtesadOnline: President Hassan Rouhani on Saturday said the downtrend in coronavirus infections had stopped in a number of provinces around Iran , raising concerns that the new rise could lead to a fourth wave of infections.
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Publish Date:24/January/2021 | 16:22

MSC Remains Leading Producer

EghtesadOnline: Latest data released by the Iran ian Mines and Mining Industries Development and Renovation Organization shows Mobarakeh Steel Company remains Iran ’s biggest steelmaker.
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Publish Date:24/January/2021 | 16:21