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Iran 's CB Governor: Currency Revenue Improving

EghtesadOnline: The Governor of the Central Bank of Iran Ali Salehabadi says foreign currency revenue of the bank has increased in recent months and improved its leverage to curb volatility in the forex market.
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Publish Date:30/October/2021 | 14:11

Iran 's Foreign Non-Oil Trade Surges 43% to Over $54b in 7 Months

EghtesadOnline: Iran ’s foreign non-oil trade reached 98.7 million tons worth $54.8 billion during the current fiscal year’s first seven months (March 21-Oct. 22) to register an increase of 16.5% in weight and 43% in value compared with the corresponding period of last year.
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Publish Date:30/October/2021 | 14:09

Iran Steel Output Down 8.6%

EghtesadOnline: Iran ian steel mills produced a total of 19.3 million tons of crude steel in the first nine months of 2021, which indicate an 8.6% decline compared with the corresponding period of 2020.
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Publish Date:30/October/2021 | 14:07

Growth in Container Loading, Transit at Iran ’s Biggest Commercial Port

EghtesadOnline: Container loading for exports from the southern Shahid Rajaee Port of Iran stood at 253,308 TEUs during the current Iran ian year’s first seven months (March 21-Oct. 22), registering an 11% growth compared with the similar period of last year, according to the director general of Hormozgan Ports and Maritime Organization.
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Publish Date:27/October/2021 | 16:45

Iran ’s Shoe Industry: Risks & Opportunities

EghtesadOnline: Iran currently produces close to 250 million pairs of shoes per year, while the production capacity stands at nearly 500 million pairs, according to the head of Iran ian Guild Association of Shoe Producers.
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Publish Date:26/October/2021 | 14:56

Inflation Breaks Rising Streak

EghtesadOnline: The average annual inflation in Iran has broken a 12-month rising streak in the fiscal month ending Oct. 22.
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Publish Date:26/October/2021 | 14:54

Caps on Working Capital Loans

EghtesadOnline: The Central Bank of Iran in an edict to banks announced caps for working capital loans.
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Publish Date:26/October/2021 | 14:53

Iran Bans Entry of Cargo, Passengers to Karabakh, Lachin via Armenia

EghtesadOnline: In a directive addressed to transportation companies and businesspeople, the Road Maintenance and Transportation Organization, affiliated with the Ministry of Roads and Urban Development, has banned Iran ian freight forwarders from entering the Karabakh region and the city of Lachin through Armenia.
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Publish Date:25/October/2021 | 15:03

Iran ian Banks Pay Tech Loans Worth Over $700m in 6 Months

EghtesadOnline: Local banks have collectively paid 198.9 billion rials ($718 million) in loans to 857 knowledge-based companies and startups in the first half of the current Iran ian year (March 21-Sept. 22).
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Publish Date:25/October/2021 | 14:54

Apparent Steel Usage Dwindles

EghtesadOnline: Iran 's apparent steel usage decreased in the first six months of the current Iran ian year (March 21-Sept. 22) compared with last year's corresponding period.
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Publish Date:25/October/2021 | 14:52

Eating Habits of Iran ians Surveyed

EghtesadOnline: Weekly per capita milk consumption among Iran ians ages 15 and above stood at 2.98 glasses in the year ending March 20, 2021, findings of the Statistical Center of Iran ’s survey show.
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Publish Date:20/October/2021 | 14:26

Trade With Saudi Arabia Resumes With Iran ian Exports

EghtesadOnline: After a one-and-a-half-year hiatus in trade, Iran has exported $39,000 worth of commodities to its southern neighbor Saudi Arabia since President Ebrahim Raeisi’s first term began in August, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date:20/October/2021 | 14:24

Iran Gov’t Budget Deficit to Exceed $10b

EghtesadOnline: The government is expected to run a budget deficit of 2,800 trillion rials ($10.2 billion) by the end of the current fiscal year (March 2021-22), forecasts Majlis Research Center, the research arm of the Iran ian Parliament.
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Publish Date:20/October/2021 | 14:19

Iran to Pilot Nat’l Cryptocurrency

EghteasadOnline: The governor of Central Bank of Iran said on Sunday the national cryptocurrency will enter the pilot stage in the near future, without providing further details.
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Publish Date:19/October/2021 | 14:20

Iran 's Trade With Neighbors Reaches $22.5b in H1 Fiscal 2021-22

EghtesadOnline: Iran ’s trade with its 15 neighboring countries stood at 47.22 million tons worth $22.59 billion in the current fiscal year’s first six months (March 21-Sept. 22), according to the latest data released by Islamic Republic of Iran ’s Customs Administration.
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Publish Date:18/October/2021 | 14:32

Iran to Pilot Nat’l Cryptocurrency

EghtesadOnline: The governor of Central Bank of Iran said on Sunday the national cryptocurrency will enter the pilot stage in the near future, without providing further details.
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Publish Date:18/October/2021 | 14:31

CNG Conversion Plan Gains Momentum

EghtesadOnline: Currently, 2,646 CNG filling stations are operating in Iran and the number of vehicles with hybrid CNG engines has surpassed 4.119 million.
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Publish Date:17/October/2021 | 16:12

Indian Bananas to Be Exported to Iran via Sea

EghtesadOnline: India’s Agricultural and Processed Food Products Export Development Authority (APEDA), an organization under the federal Ministry of Commerce and Industry, will dispatch the first-ever shipment of bananas from Uttar Pradesh (a state in northern India) to Iran by sea.
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Publish Date:17/October/2021 | 16:08