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Iran's Aluminum Ingot Output Declines 21%

EghtesadOnline: Iranian aluminum producers had an aggregate output of 196,329 tons of aluminum ingots during the first nine months of the current Iranian year (March 21-Dec. 21), which indicates a 21% decline compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report shows.
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Publish Date: 14/January/2020 | 24:06

Water Levels in Iran's Southern Dams Rising After Years

EghtesadOnline: Deluge in the past few days in southern and southeastern Iran has inflicted damages on cities, villages and roads and endangered lives. But at the same time it has helped fill dams that saw little water in years.
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Publish Date: 14/January/2020 | 11:59

Airport Traffic Hit by Downturn in Nine Months

EghtesadOnline: Iran Airports Company registered 318,727 takeoffs and landings during the first nine months of the current Iranian year (March 21-Dec. 21), which indicate a 3% decline compared with the similar period of last year.
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Publish Date: 14/January/2020 | 11:55

SAIPA En Route to Phasing Out Pride

EghtesadOnline: The long-running debate over halting the production of Pride, a poor-quality small city car produced by Iranian automaker SAIPA, has reportedly been concluded with a clear and close deadline.
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Publish Date: 14/January/2020 | 11:50

DoE Blames Gasoline, Diesel Quality for Air Pollution

EghtesadOnline: A study conducted by the Department of Environment on gasoline and diesel quality indicates both fuels sold in the country contain dangerous chemicals above acceptable standards, head of the Comprehensive Assessment Unit at the DoE said.
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Publish Date: 14/January/2020 | 11:46

Hope for Closer Ties With Oman

EghtesadOnline: President Hassan Rouhani congratulated Haitham bin Tariq Al Said on becoming the new sultan of Oman, hoping for development of ties between Tehran and Muscat.
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Publish Date: 14/January/2020 | 11:37

Iran Can Bring Russia, India Closer Through INSTC

EghtesadOnline: Russia and India can bolster mutual trade by overcoming their geographical distance by taking a route that takes advantage of Iran's strategic coastlines, a university professor wrote in a commentary on Russia-India relations.
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Publish Date: 13/January/2020 | 24:51

Tehran Power Plants Prepare for Summer

EghtesadOnline: Three thermal power plants in Tehran, namely Tarasht in west and Rey and Besat in the south, provide electricity to the megalopolis. However, since the start of fall and with decline in consumption, two of the stations have ceased operation, said the director of Technical Support Office at the Thermal Power Plants Holding Company.
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Publish Date: 13/January/2020 | 24:48

Qatari Emir in Tehran Amid Regional Efforts to Defuse Tensions

EghtesadOnline: Qatar's Emir Sheikh Tamim bin Hamad Al Thani visited Iran on Sunday to meet senior Iranian officials, including President Hassan Rouhani, amid efforts by regional countries to alleviate current tensions.
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Publish Date: 13/January/2020 | 24:43

DRI Output Rises to 20.7m Tons

EghtesadOnline: A total of 20.78 million tons of direct reduced iron were produced in Iran during the first nine months of the current Iranian year (March 21-Dec. 21, 2019), 9% more compared with last year's corresponding period, according to the Iranian Steel Producers Association's latest report.
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Publish Date: 13/January/2020 | 24:36

Iran's CB Sets Deadline For Export Revenues Repatriation

EghtesadOnline: Companies exporting non-oil goods that fail to meet their financial commitments regarding repatriation of their overseas earnings in the previous Iranian fiscal year (March 2018-19) by the end of this month will be taken to court.
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Publish Date: 13/January/2020 | 24:33

First PMI on Iran's Overall Economy Exposes Recession

EghtesadOnline: Purchasing Managers Index in the ninth month of the current fiscal year (Nov. 22-Dec. 21) settled at 48.22, indicating that Iran’s economy is in recession, according to the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date: 13/January/2020 | 24:30

Need to Forge Closer Regional Cooperation

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said it is essential that regional states forge closer ties to ease the tense situation in the Middle East.
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Publish Date: 13/January/2020 | 24:27

Floods Create Havoc in Iranian Southern Regions

EghtesadOnline: Heavy rainfall in the southern Hormozgan and southeastern Kerman and Sistan-Baluchestan provinces in the past few days has damaged houses, bridges, power/water infrastructure, flooded many streets, blocked roads and displaced people.
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Publish Date: 13/January/2020 | 24:24

Zarif Meets Oman’s New Sultan

EghtesadOnline: Foreign Minister Mohammad Javad Zarif met Oman's new sultan Haitham bin Tariq Al Said in Muscat on Sunday and discussed issues of mutual interest.
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Publish Date: 13/January/2020 | 24:20

Merkel, Putin Agree to ‘Do Anything’ to Save JCPOA

EghtesadOnline: German Chancellor Angela Merkel and Russian President Vladimir Putin agreed on Saturday to make every effort to save the Iran nuclear deal after meeting in Moscow amid escalating tensions in the Middle East.
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Publish Date: 13/January/2020 | 24:13