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Banks’ Deposits Outpace Lending

EghtesadOnline: Central Bank of Iran data show growth in deposits outpaced lending during the month to July 21. It reported that the gap between banks’ outstanding loans and deposits widened further by 9,338 trillion rials ($33 billion).
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Publish Date:30/September/2020 | 14:12

Restrictions on Bank Activities of Minors

EghtesadOnline: In line with plans to enforce anti-money laundering principles, the Central Bank of Iran imposed new restrictions on banking transactions of minor clients.
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Publish Date:30/September/2020 | 14:10

Preconditions for US Return to JCPOA

EghtesadOnline: Iran ’s permanent representative to the United Nations said the United States’ return to the 2015 nuclear deal would only be accepted with preconditions.
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Publish Date:28/September/2020 | 19:13

Exports From Khorasan Razavi Exceed $500m

EghtesadOnline: A total of 966,000 tons of commodities worth $519 million were exported to 62 countries from Khorasan Razavi Province during the first five months of the current Iran ian year (March 20-Aug. 21).
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Publish Date:23/September/2020 | 20:00

Mining, Academic Entities Sign 219 Deals Since March 2019

EghtesadOnline: The Iran ian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and its affiliated organizations have signed 219 research and development agreements with universities since the last Iran ian year (started March 2019).
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Publish Date:21/September/2020 | 14:24

Leisure & Culture Inflation at 30.5%

EghtesadOnline: The average Consumer Price Index of "leisure and culture", among 12 groups of the basket of consumer goods and services purchased by households, in the 12-month period ending Aug. 21, which marks the end of the fifth Iran ian month, increased by 30.5% compared with last year’s corresponding period.
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Publish Date:16/September/2020 | 24:21

Fruit, Vegetable Exported to 43 Countries

EghtesadOnline: A total of 1.37 million tons of fruit and vegetable worth $425 million were exported from Iran during the first five months of the current Iran ian year (March 20-Aug. 21).
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Publish Date:15/September/2020 | 10:01

Import Registration for Pharmaceuticals Down 9%

EghtesadOnline: Import order registration for $1.96 billion worth of pharmaceuticals and medical equipment has been made from March 20 to Sept. 5, indicating a 9% decline compared with the corresponding period of last year, the head of Iran Food and Drug Administration said.
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Publish Date:14/September/2020 | 13:24

Isfahan Exports at $655 Million in Five Months

EghtesadOnline: A total of 2 million tons of goods worth $655 million were exported from Isfahan Province to 79 countries during the first five months of the current Iran ian year (March 20-Aug. 21), registering a 31% and 37% decline compared with the similar period of last year.
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Publish Date:13/September/2020 | 24:19

Gov’t Sells Bonds Worth $225m

EghtesadOnline: The government sold 54 trillion rials ($225 million) in Islamic bonds during the weekly bond auction held by the Central Bank of Iran .
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Publish Date:10/September/2020 | 11:07

Iran 's First Neobank Launch Next Year

EghtesadOnline: One or more neobanks will start operation in 2021, the Central Bank of Iran 's deputy governor for innovative technologies said.
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Publish Date:09/September/2020 | 11:36

51% Decline in Trade With US

EghtesadOnline: Iran ’s commercial transactions with the US stood at $26.1 million from January to July 2020 to register a 51.1% decline compared with the corresponding period of 2019.
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Publish Date:07/September/2020 | 13:13

Swiss FM Set to Discuss Iran Humanitarian Channel

EghtesadOnline: Switzerland’s foreign minister arrived in Iran on Saturday to hold discussions with Iran ian authorities on a range of issues, including the Swiss financial channel that aims to help Iran avoid American sanctions.
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Publish Date:06/September/2020 | 24:17

Markazi Exports Earn $306m in 5 Months

EghtesadOnline: A total of $306 million worth of non-oil goods were exported from Markazi Province during the first five months of the current Iran ian year (March 20-Aug. 21).
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Publish Date:05/September/2020 | 24:53

Fruit Juice, Concentrate Exports Earn $38m

EghtesadOnline: Atotal of 48,000 tons of fruit juice and concentrates worth $38 million were exported from Iran to 35 countries during the first four months of the current Iran ian year (March 20-July 21), according to the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date:23/August/2020 | 11:29

Rise in Workers' Housing Allowance Approved

EghtesadOnline: On Wednesday, the Iran ian Cabinet approved the June 6 decision by the Supreme Labor Council on increasing workers’ monthly housing allowance from 1 million rials [$4.38] to 3 million rials [$13.16], according to Cooperatives, Labor and Social Welfare Minister Mohammad Shariatmadari.
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Publish Date:22/August/2020 | 24:59

Cooperatives Ministry Launches Transparency Website

EghtesadOnline: Acomprehensive website to allow members of the public, media and oversight bodies to scrutinize economic exchanges within Social Security Investment Company (also known by its Persian acronym Shasta) and Civil Servants Pension Fund has been launched for the first time in Iran .
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Publish Date:18/August/2020 | 11:05

495 Industrial Clusters Identified by July 21

EghtesadOnline: A total of 495 industrial clusters have been identified in Iran by July 21, based on a recent report published by the Iran Small Industries and Industrial Parks Organization.
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Publish Date:18/August/2020 | 11:04