Industry
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IMIDRO Reviews Copper Industry's Q1 Production
EghtesadOnline: The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 310,076 tons…
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Iran's Iron Ore Exports in Steady Decline
EghtesadOnline: Iran has been reducing the export of iron ore in the past few years in line with plans to curb the export of unprocessed minerals and encourage the mining industry to create added…
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Coronavirus Costs Exhibition Industry $15.7m
EghtesadOnline: Iran’s exhibition industry has sustained losses worth 3.1 trillion rials ($15.72 million) due to the outbreak of coronavirus, as well as cancellation or postponement of trade…
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Iranian Insurers Get Good Grades
EghtesadOnline: The Central Insurance company of Iran in charge of regulating the industry, has released a report on the performance of the key sector in the previous fiscal year (March 2019-2020)…
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$2 Billion Aid Package to Bolster Automotive Industry
EghtesadOnline: The Central Bank of Iran, along with several local banks and government, is set to roll out an aid package worth $2 billion to boost the country’s automotive industry, secretary…
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Domestic Production Meets 95 Percent of Food Demand
EghtesadOnline: Ninety-five percent of food demand in Iran are met by domestic production, a board member of the House of Industry, Mine and Trade of Iran said.
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Iran's Rural Cooperatives Tend toward Crop Digital Marketing: Deputy Minister
EghtesadOnline: Hossein Shirzad ,who is also the CEO of the Central Organization for Rural Cooperatives of Iran (CORC ) said digital marketing through the applications is going his way on the…
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Insurance Industry Struggling to Survive
EghtesadOnline: Iran Insurance Research Center has reviewed the impact of covid-19 spread on the key industry, projecting a decline of 15.07% in premiums in the first quarter (March 21-June 1)…
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Struggling Insures Seek Gov’t Help
EghtesadOnline: Iranian Insurers’ Syndicate has asked the Ministry of Economy for financial aid to the industry burdened by the impact of the coronavirus spread.
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Tourism Industry Prospects Unclear Amid Coronavirus
EghtesadOnline: The new coronavirus has shut down Iran’s tourism industry for two months now and it seems that at present there is no end in sight.
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Indigenizing Oil Industry Equipment Making Progress
EghtesadOnline: South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured and repaired 1,500 parts used in the oil and gas industry with…
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Animal Feed Industry Operating at Half Capacity
EghtesadOnline: Iran’s nominal capacity for animal feed production currently stands at 23 million tons per year, only half of which is being utilized, according to the chairman of Iran Feed Industry…
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Growth in Iran's Tile, Ceramic Industry
EghtesadOnline: Mehdi Fekri, a member of the Iran Tile and Ceramic Producers’ Association, says implementation of the government-backed housing development project, the ‘National Housing Initiative’…
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Iran Power Industry: Exports Up, Imports Down
EghtesadOnline: The pattern of power exports over the past three years is worthy of appreciation because, among other things, it indicates judicious domestic electricity consumption.
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Iranian Scheme to Bridge Industry-Academia Gap
EghtesadOnline: Based on a multilateral agreement signed by the ministries of industries and science and the General Staff of Armed Forces, a nationwide scheme has been launched to boost domestic…
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Iran: Forex Fluctuations Impact Domestic Travel Behavior
EghtesadOnline: A weak local currency has proved to be a boon to Iran’s inbound tourists while a nemesis to its outbound tourism industry, at least twice in the past decade.
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US Sanctions on COSCO Hit LNG Tanker Industry
EghtesadOnline: US sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas tanker industry on Monday as US-listed Teekay LNG said its joint venture in Russia had been “blocked”…
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Boost for Sewage Treatment Industry in Tehran Province
EghtesadOnline: Wastewater network in towns in the southwest of Tehran is expanding gradually, an official at the Tehran Province Water and Wastewater Company said.
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Iran Makes Pitch for Investment in Burgeoning Animal Feed Industry
EghtesadOnline: Iran ranks as the 18th biggest producer of animal feed in the world, as production currently stands at 9.86 million tons worth around $8.5 billion per annum.
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Tehran Looms Large in Iran Android Industry
EghtesadOnline: M ore than 27% of mobile applications published on the Iranian Android market Cafe Bazaar have been developed in Tehran Province. The province has a 54% share in the domestic…
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TSE Benchmark Down 0.27% in Saturday Trade
EghtesadOnline: T ehran Stock Exchange’s main index lost 257.93 points or 0.27% on Saturday compared to the day before to end trade at 95,265.9.
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TEDPIX Closes Trade at 95,506
EghtesadOnline: T ehran Stock Exchange’s main index lost 481.19 points or 0.5% on Monday compared to the day before to end trade at 95,506.3.
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TEDPIX Ends Tuesday Trade 0.38 Percent Lower
EghtesadOnline: T ehran Stock Exchange’s main index lost 372.69 points or 0.38% on Tuesday compared to the day before to end trade at 96,748.
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Renewable Ventures Still Awaiting Funds
EghtesadOnline: A serious hurdle impeding renewable projects is non-allocation of the tax levied on electricity subscribers to wind and photovoltaic initiatives.
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Iran-Afghan Economies Tied by One-Way Trade
EghtesadOnline: A review of trade between Iran and Afghanistan over the past decade shows the neighboring country has mainly been an importer of Iranian goods.
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Italian delegation to visit Tehran next week
A 150-member economic and trade delegation from Italy comprising 120 active companies in different fields will pay a visit to Tehran next week.