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ICCIMA Official: Cordial Ties to Neighbors Key to Restoring Lost Oil Market Share

EghtesadOnline: The era of high demand for oil and petroleum products will not be as before, most experts and analysts say. Nonetheless, Iran still has the opportunity to restore its lost market share if it carefully avoids conflict with neighbors, especially Saudi Arabia, the head of the Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date:05/May/2021 | 07:58

Iran 's Fiscal 2021-20 Import Bill: $38b

EghtesadOnline: Thirty commodities accounted for one-third of the value of Iran ’s total imports in the last fiscal year that ended in March.
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Publish Date:05/May/2021 | 07:51

Iran Imports 3.19m Covid Vaccines

EghtesadOnline: Twelve shipments of Covid-19 vaccines containing over 3.19 million doses were imported from Russia, China, India and South Korea from Feb. 3 to May 2, Fars News Agency quoted Mehrdad Jamal Orounaqi, an official with the Islamic Republic of Iran Customs Administration as saying.
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Publish Date:05/May/2021 | 07:50

Iran Economy Ministry Solicits Innovative AML Solutions

EghtesadOnline: The Economy Ministry's Financial Intelligence Unit has invited innovators and knowledge-based companies active in anti-money laundering compliance services to help the office develop smart platforms.
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Publish Date:05/May/2021 | 07:49

500K Foreign Workers Left Iran After Covid Outbreak

EghtesadOnline: Up to 500,000 foreign nationals left Iran ’s labor market amid the outbreak of coronavirus due to health concerns and closure of businesses, an official with the Ministry of Cooperatives, Labor and Social Welfare said.
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Publish Date:28/April/2021 | 24:56

Iran -China Q1 Transactions Sink to Lowest in 5 Years

EghtesadOnline: Iran ’s commercial exchanges with its leading trading partner, China, stood at $3.2 billion in the first three months of 2021 – the lowest quarterly volume in the past five years – to register a 17% year-on-year decline.
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Publish Date:28/April/2021 | 24:48

Ranking of Iran ian Cars Released

EghtesadOnline: Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iran ian month ending March 20.
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Publish Date:27/April/2021 | 13:31

Iran 's Q1 Steel Output Rises by 10.7 Percent to 7.5 Million Tons

EghtesadOnline: Iran ian steel mills produced a total of 7.5 million tons of crude steel during the first three months of 2021, which indicate a 10.7% rise compared with 2020, recording the second highest growth in the list of the world's top 10 steel producers.
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Publish Date:27/April/2021 | 13:26

Iran 's Non-Oil Trade Increases by 62% to $5.7 Billion in 1st Fiscal Month

EghtesadOnline: Iran ’s non-oil foreign trade in the first month of the current Iran ian year (March 21-April 20) stood at 10.34 million tons worth $5.76 billion, indicating an increase of 32% and 62.5% respectively in weight and value compared with the corresponding period of last year.
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Publish Date:27/April/2021 | 13:24

SCI: Iran 's Inflation at 38.9%

EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending April 20, which marks the end of the first Iran ian month of the fiscal 2021-22, increased by 38.9% compared with the corresponding period of the year before, latest data released by the Statistical Center of Iran show.
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Publish Date:25/April/2021 | 13:39

Economists Explain Decline in 4th Quarter Unemployment Rate

EghtesadOnline: Iran 's unemployment rate in the fourth quarter of last Iran ian year (ended March 20, 2021) stood at 9.7%, registering a 0.9% decline compared with the corresponding period of the year before, according to the latest data released by the Statistical Center of Iran .
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Publish Date:25/April/2021 | 13:35

Iran : Currency Rates Stable Amid Market Caution

EghtesadOnline: Foreign exchange rates in Tehran were mostly unchanged Saturday as the market waits for the outcome of diplomatic efforts to revive the landmark Iran nuclear deal and lifting of the US economic blockade.
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Publish Date:25/April/2021 | 07:13

Interbank Lending Picks Up

EghtesadOnline: Data released by the Central Bank of Iran indicate that banks handled transactions worth almost 775.3 trillion rials ($3.2 billion) a day at the interbank market in the previous fiscal year (March 2020-21).
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Publish Date:24/April/2021 | 24:35

95% Decline in Iran -Turkey Flights

EghtesadOnline: The number of flights to and from Turkey has decreased by 95% since the end of Norouz ( Iran ian New Year) holidays (April 2).
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Publish Date:21/April/2021 | 15:15

Iran World's 7th Largest Cement Producer in 2020

EghtesadOnline: Iran was ranked the world’s seventh biggest producer of cement in 2020 by the United States Geological Survey, with an output of 60 million tons.
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Publish Date:21/April/2021 | 15:13

MSC Top Iran ian Steelmaker

EghtesadOnline: Mobarakeh Steel Company is the largest steel producer of Iran , recording an 8% growth in its semi-finished steel output during the last fiscal year (ended March 20, 2021).
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Publish Date:21/April/2021 | 15:09