COVID-19
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Coronavirus Inflicts Over $180m in Losses on Hotels
EghtesadOnline: The new coronavirus disease, also known as COVID-19, has inflicted 30 trillion rials ($187 million) in losses on hotels, the Iranian Hoteliers Association estimates.
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COVID-19 Delays South Pars Projects
EghtesadOnline: Hook up operations on offshore decks of phase 13 (SPD 13A and 13C) of South Pars Gas Field in the Persian Gulf have been delayed due to problems created by the coronavirus, managing…
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Culture, Art Sector’s Losses Over COVID-19 Estimated at $60m
EghtesadOnline: In separate letters to First Vice President Es’haq Jahangiri, the head of Plan and Budget Organization, Mohammad Baqer Nobakht, President’s Chief of Staff Mahmoud Vaezi and Vice…
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EGFI to Assist Virus-Hit Businesses
EghtesadOnline: The Export Guarantee Fund of Iran, the state-owned export credit agency, has raised the ceiling of its coverage to help support businesses affected by the COVID-19.
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Warning Over Another COVID-19 Peak in Autumn
EghtesadOnline: A health official warned that the coronavirus pandemic will pick up again in autumn, as Iran registers a decline in the numbers of confirmed cases and deaths.
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Religious Leaders Should Unite to Help People Worldwide
EghtesadOnline: Secretary of the Supreme Council of the Cultural Revolution Saeed Reza Ameli has called for the formation of a joint international committee working against the COVID-19 pandemic…
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New Corona Cases Declining in Most Provinces
EghtesadOnline: A majority of provinces in Iran are seeing a decline in the number of new COVID-19 cases and related deaths, Deputy Health Minister Iraj Harirchi said.
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Restaurants May Have Takeaway Services Despite COVID-19
EghtesadOnline: Restaurants may have takeaway services despite the novel coronavirus, says the head of Restaurant Owners Association.
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COVID-19: Social Distancing and Cost of Economic Lockdown
EghtesadOnline: Workers and government employees have returned to workplaces, despite hot debates among economic analysts about the impact of new coronavirus pandemic.
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Iran Coronavirus Update: 70,000 Cases, 4,300 Deaths
EghtesadOnline: The COVID-19 infections in Iran crossed 70,000 and the death toll rose above 4,300 on Saturday, health officials announced.
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Iran to Tap Into Wealth Fund to Combat COVID-19
EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved the withdrawal of $1 billion from the National Development Fund of Iran—the country’s sovereign wealth…
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Iran Invests in Nanotech Firms to Boost Fight Against COVID-19
EghtesadOnline: State-backed Iran National Innovation Fund has invested 140 billion rials ($875,000) in nanotechnology firms to boost the domestic production of health-protective items used for…
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Iranian Energy Firms Join Campaign Against COVID-19 Outbreak
EghtesadOnline: Oil and gas companies including the National Iranian South Oil Company, a subsidiary of the National Iranian Oil Company, are doing their fair share in helping degrade and defeat…
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Iranian Tech Firms Helping Ward Off COVID-19
EghtesadOnline: Iranian knowledge-based companies and tech firms have stepped forward to produce health protective items needed to combat the novel coronavirus rapidly spreading in the country.
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Smart Distancing Initiative Launched
EghtesadOnline: Iran gave the go-ahead to low-risk businesses in the country, excluding Tehran, to resume activities as per the Smart Distancing Initiative to tackle the COVID-19 outbreak while…
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COVID-19 to Adversely Impact 15 Percent of Iranian GDP
EghtesadOnline: Estimates show 15% of Iran’s economy will be affected by the coronavirus outbreak, says Economy Minister Farhad Dejpasand.
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HRW Calls for US Sanctions Relief to Help Iran’s COVID-19 Response
EghtesadOnline: The Human Rights Watch on Monday called on the United States to ease its sanctions on the Iranian economy to facilitate the country’s adequate response to the mounting health…
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Poll: Income of 70% of Tehran Residents Declines Due to COVID-19
EghtesadOnline: The coronavirus outbreak has reduced the income of 70% of households living in the capital city, an opinion poll jointly conducted by the Social and Cultural Studies Department…
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Coronavirus: Implications for Iranian Pension Funds
EghtesadOnline: As the human costs of COVID-19 pandemic continue to rise, the virus is also taking its toll on the economy.
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Ethanol Import Ban Lifted Amid COVID-19 Outbreak
EghtesadOnline: The ban on ethanol imports has been lifted, according to the director general of the Ministry of Industries, Mining and Trade's Import and Export Bureau.
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COVID-19 Cuts Gasoline Consumption
EghtesadOnline: Gasoline sale in Iran during the Nowrouz (Persian New Year) holiday season fell significantly compared to the closing days of the last fiscal year (ended March 19), according…
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OPEC Fund Extends Grant to Iran
EghtesadOnline: OPEC Fund for International Development has approved $500,000 in emergency grant to purchase and distribute medical equipment needed for combating COVID-19 in Iran.
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COVID-19 Toll in Iran: Over 53,000 Infections, 3,290 Deaths
EghtesadOnline: Iran’s death toll from the coronavirus pandemic rose by 134 to 3,294 in the past 24 hours, while the number of confirmed cases surged over 53,000, with 4,035 in critical condition,…
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COVID-19, Air Pollution Endanger Lives in Tehran
EghtesadOnline: Although winter is on the way out, Tehran is still struggling with persistent air pollution. With the coronavirus gaining strength in the country, health experts caution that…
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WHO Sends Medics, Supplies as COVID-19 Flares Up in Iran
EghtesadOnline: The World Health Organization dispatched a medical team to Iran for the first time since the outbreak of coronavirus in the country, as the number of confirmed cases surpassed…
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India Suspends Visas for Iran, 4 Other Countries
EghtesadOnline: India has suspended all visas granted to foreign nationals of Italy, Iran, South Korea and Japan in the wake of three people, including a tourist, testing positive for COVID-19.
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Nearly 3,000 COVID-19 Patients in Iran
EghtesadOnline: The number of patients infected with the novel coronavirus, also known as COVID-19, reached 2,922 on Wednesday, including 92 who have died of the disease, health officials announced.
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COVID-19 Outbreak Worsens Iran’s Business Conditions
EghtesadOnline: The recent outbreak of coronavirus (COVID-19) has taken a heavy toll on a wide range of Iranian businesses.
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Qatar to Stand by Iran During COVID-19 Epidemic
EghtesadOnline: Qatar's emir said the Persian Gulf Arab state will not hesitate to assist Tehran in combating the coronavirus outbreak and they will support Iranian people and its government…
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Leader Thanks Medical Community for Battling COVID-19
EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei praised Iranian health officials and personnel for their efforts to contain the novel coronavirus epidemic in the…