Iran
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Iran's Non-Oil Trade With Eurasian Economic Union Hit $1.4b in 8 Months
EghtesadOnline: Iran’s non-oil trade with the Eurasian Economic Union hit $1.4 billion during the eight months to Nov. 20, 2020, indicating an 11% decline compared with the corresponding period…
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South Korea to Send Delegation to Iran for Talks on Release of Tanker
EghtesadOnline: Seoul said it will soon dispatch a diplomatic team to Tehran for talks over the seizure of its tanker by Iran over environmental violations.
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65K Tons of Eggs Exported in Nine Months
EghtesadOnline: A total of 65,000 tons of eggs were exported from Iran during the nine months to Dec. 20, 2020, says Hedayat Asghari, the head of Iran's Egg Producers Union.
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1,170 SMEs Revived Since March
EghtesadOnline: A total of 1,170 industrial units located in Iran’s industrial parks and estates have been revived since the beginning of the current fiscal year (March 20, 2020), the deputy…
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Retail PMI Gets Monthly Boost
EghtesadOnline: Iran’s Retail Purchasing Managers Index stood at 35.71 in the month ending Nov. 20 to register a 6% improvement compared with the previous month’s reading of 33.69, according…
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Airlines Call for Lifting Cap on Passenger Capacity
EghtesadOnline: The Association of Iranian Airlines has sent a letter to President Hassan Rouhani seeking the termination of airlines’ obligation to sell tickets only up to 60% of planes’ total…
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Slight Increase in Auto Output
EghtesadOnline: Iran’s automotive production increased by 7.3% during the nine months to Dec. 20, 2020, compared with the year-ago period.
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NICICO Q1-3 Sales Rise by 93% to Hit All-Time High of $1 Billion
EghtesadOnline: The National Iranian Copper Industries Company's sales reached a record high of 279.72 trillion rials ($1 billion) in the first three quarters of the current Iranian year (March…
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Q1-3 Exports to Iraq Hit $5.9b
EghtesadOnline: Iran exported 20.8 million tons of goods worth $5.9 billion to Iraq during the first nine months of the current Iranian year (March 20-Dec. 20, 2020), registering a 15% decline…
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Passenger Traffic Declines by 85% in Eight Months
EghtesadOnline: Atotal of 2,374,344 passengers (2,105,375 Iranians and 268,969 foreign nationals) arrived in Iran during the eight months to Nov. 20, indicating an 85.35% decline compared with…
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SCI Reviews Iranian Economy for Second Fiscal Quarter
EghtesadOnline: The Statistical Center of Iran’s new report reviews Iran’s economy in the second quarter of the current fiscal year (June 21-Sept. 21).
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Iranian Insurance Companies Premium Income Up 24%
EghtesadOnline: Insurance companies in Iran generated 48.01 trillion rials ($192 million) in premium during the first eight months of the fiscal year (March-Nov 2020) up 23.9% compared to the…
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Iran to Import Covid-19 Vaccine Within Weeks
EghtesadOnline: President Hassan Rouhani on Sunday said he is hopeful that the first shipment of Covid-19 vaccine will arrive in Iran over the next few weeks.
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Iran: Crackdown on Illegal Crypto Farms
EghtesadOnline: Authorities closed 1,620 illegal cryptocurrency mining farms that were used 250 megawatts of electricity since July 2019, when mining was legalized, spokesman of the Power Generation,…
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Iran's Daily Covid-19 Death Toll Lowest Since June
EghtesadOnline: Iran’s Health Ministry registered 101 coronavirus fatalities on Saturday, the lowest overnight tally since mid-June and an 80% drop compared to the peak of the third wave of infections…
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Bond Buyers Skeptical
EghtesadOnline: The weekly bond auction held by the Central Bank of Iran tumbled on Tuesday after doing relatively well last week.
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$150,000 Allocated for Families of Ukrainian Plane Crash Victims
EghtesadOnline: The Iranian Cabinet on Wednesday approved a bill to pay $150,000 or its equivalent in euros to the families of victims in the Ukrainian airliner accidentally shot down by Iran…
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Iran Covid-19 Fatalities Top 55,000
EghtesadOnline: The daily death toll of 149 was reported by Iran’s Health Ministry on Wednesday, taking the national fatality rate past the 55,000 mark.
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Iran: Call for Crypto Use to Pay for Imports
EghtesadOnline: Cryptocurrency could be used to import electronic devices, says Shahab Javanmardi, a member of the Iran Chamber of Commerce Industries Mining and Agriculture, noting that a change…
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Iran Covid-19 Fatalities Top 55,000
EghtesadOnline: The daily death toll of 149 was reported by Iran’s Health Ministry on Wednesday, taking the national fatality rate past the 55,000 mark.
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Iran Will Strongly Defend Nat’l Security, Interests
EghtesadOnline: The Foreign Ministry said Iran is not seeking to escalate tensions in the region, but would not hesitate for a moment about defending its national security and interests.
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Iran Launches Human Trial of Domestic Covid-19 Vaccine
EghtesadOnline: Iran started testing its locally developed Covid-19 vaccine in a ceremony on Tuesday, injecting three volunteers in phase one human trials.
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Nat’l Forum to Discuss Expansion of Economic Ties With SCO
EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture’s Department of International Affairs is scheduled to hold a national forum titled “Economic Interaction Strategies…
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Iran Exports 50% of Tile, Ceramic Output
EghtesadOnline: Atotal of 278.22 million square meters of tiles and ceramic were produced in Iran during the first eight months of the current fiscal year (March 20-Nov. 20) to register a 4.5%…
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SCI Scans Food Price Changes
EghtesadOnline: The Statistical Center of Iran has released a new report, reviewing the price changes in 53 food items during the month ending Dec. 20.
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Decline in Hand-Woven Carpet Exports
EghtesadOnline: Iran exported hand-woven carpets worth $47.91 million during the eight months to Nov. 20, the spokesman of the Islamic Republic of Iran Customs Administration said.
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Pandemic Ruins Tehran Cabbies
EghtesadOnline: Since the Iranian outbreak of coronavirus pandemic in February, the country’s taxi fleet has incurred a heavy loss of 8.26 trillion rials ($32.11 million), a deputy head of Iran…
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SHTA Seen as Secure Channel to Pay for Import of Vaccines
EghtesadOnline: Head of the Iran-Switzerland Chamber of Commerce says the Swiss trade channel, known as the Swiss Humanitarian Trade Agreement (SHTA) can be used to remove hurdles to import vaccines…
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Worldsteel: Iran’s Steel Output Increases by 12.7% in 11 Months
EghtesadOnline: Iranian steel mills produced a total of 26.36 million tons of crude steel during the first 11 months of 2020, which indicate a 12.76% rise compared with the corresponding period…
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43% of Houses in Iran Built Without Skeletal Structures
EghtesadOnline: Ten million out of 23 million residential buildings in Iran do not have skeletal frames, which accommodate between 30-35 million people, says the head of Engineering Seismology…