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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

Iran Exports to Afghanistan Expected to Drop to $2.9b by March 2021

EghtesadOnline: The coronavirus crisis is expected to reduce Iran ’s exports to Afghanistan to $2.9 billion in the current fiscal year (March 2020-21) compared with $3.2 billion in previous years, the chairman of Iran -Afghanistan Chamber of Commerce said.
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Publish Date:17/August/2020 | 11:23

H1 Trade With US Halves

EghtesadOnline: Iran ’s commercial transactions with the US stood at $23.8 million during the first six months of 2020 to register a 51.1% decline compared with the corresponding period of 2019.
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Publish Date:11/August/2020 | 17:59

Banana Imports at $113m in Four Months

EghtesadOnline: A total of 173,062 tons of bananas worth $113.68 million were imported into Iran during the first four months of the current Iran ian year (March 20-July 21).
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Publish Date:11/August/2020 | 17:54

Hawkish American Envoy on Iran Stepping Down

EghtesadOnline: The US envoy for Iran , Brian Hook, is leaving his post and US special representative for Venezuela, Elliott Abrams, will add Iran to his role “following a transition period” with Hook, US Secretary of State Mike Pompeo said on Thursday.
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Publish Date:09/August/2020 | 11:22

Iran Explores Avenue to Expand KTAI Exchange

EghtesadOnline: The KTAI corridor, which has recently been launched following last week’s first successful TIR pilot operation from Shahid Rajaee Port in the southern Hormozgan Province to Kyrgyzstan, offers a shorter route from Iran to Central Asia.
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Publish Date:04/August/2020 | 09:09

IPI Up 1.9% in Fiscal 2019-20

EghtesadOnline: After experiencing an 8% decline in the Iran ian year ending March 2019, the Industrial Production Index for large manufacturing units in Iran registered a 1.9% growth in the fiscal 2019-20, the Central Bank of Iran ’s data showed.
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Publish Date:03/August/2020 | 08:36

Skills Training for 120,000 Soldiers, 72,000 Prisoners

EghtesadOnline: A total of 120,000 soldiers attended courses held by Iran 's Technical and Vocational Training Organization in the last fiscal year (March 2019-20), the head of the organization said.
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Publish Date:22/July/2020 | 10:09

Iran 's Q1 Exports to Kuwait Drop 40% to $31m

EghtesadOnline: A total of $31 million worth of non-oil commodities were exported from Iran to Kuwait during the first quarter of the current fiscal year (March 20-June 20), to register a 40% decline compared with the corresponding period of last year.
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Publish Date:21/July/2020 | 14:03

Turkey Suspends Iran Flights

EghtesadOnline: Turkey has suspended flights to and from Iran and Afghanistan on Sunday morning amid the resurgenge of coronavirus, Reza Jafarzadeh, the spokesperson of Iran Civil Aviation Organization, told Fars News Agency.
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Publish Date:21/July/2020 | 24:36

$95-110m Spent on Hybrid Vegetable Seed Imports p.a.

EghtesadOnline: Iran meets around 98% of its domestic demand for hybrid vegetable seed through imports that cost the country between $95-110 million per year, according to a recent report published by Majlis Research Center.
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Publish Date:19/July/2020 | 15:53