Iran
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Iran's Auto Output Increases by 16%
EghtesadOnline: Iran’s automotive output increased by 16.3% during the eight months to Nov. 20 compared with the year-ago period.
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2 Insurance Firms Get Permit
EghtesadOnline: The High Council of Insurance, Iran’s main insurance authority gave the green light to two new insurance companies last week -- Pars Reinsurance Company and Charisma Life Insurance…
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Stringent Virus Measures Paying Off
EghtesadOnline: Last month’s coronavirus-related protocols introduced in 89 counties across Iran have significantly reduced transmission rates, President Hassan Rouhani said, boosting optimism…
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Iran's Mineral Exports Top $3 Billion
EghtesadOnline: Iran’s export of mineral products during the first seven months of the current fiscal year (March 20-Oct. 21) reached 21.17 million tons worth $3.04 billion, latest data released…
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CBI Working on Projects to Enhance Transparency
EghtesadOnline: The Central Bank of has 105 IT-based projects at hand in line with its mandate to improve transparency, responsibility and objectivity in the business environment, CBI's vice…
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Covid-19 Cases Hit Record High, Surge Past 900,000
EghtesadOnline: Iran’s tally of Covid-19 infections surged past 900,000, as the country reported its largest single-day jump in cases on Friday, prompting the government to further tighten restriction…
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SCI: Rich-Poor Inflation Gap at 8.9%
EghtesadOnline: The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 8.9% in the eighth Iranian month (Oct. 22-Nov. 20), indicating a 0.8…
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Iran-Made Cars Ranked by Quality Inspection Firm
EghtesadOnline: Iran Standards and Quality Inspection Company has released data on the quality of locally-made cars during the Iranian month ending Oct. 21.
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Iran Registers Offbeat Growth in Apparent Steel Usage in 7 Months
EghtesadOnline: Steel consumption in Iran is growing against all odds.
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NPC: Uptrend in Iran's Petrochemical Sector
EghtesadOnline: Iran’s 55 petrochemical companies produced 35 million tons of products between March 22 and Sept. 22.
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Parliamentary Think Tank Puts Q1 Jobless Rate at 24 Percent
EghtesadOnline: The official unemployment rate, according to the Statistical Center of Iran, stood at 9.8% in the first quarter of the current Iranian year (March 20-June 20), indicating a 1.1%…
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Iran Tech Firms Targeting Digital Health Development
EghtesadOnline: New waves of Covid-19 cases and rising casualties have encouraged the Iranian tech sector to help upgrade medical services and boost the development of digital health industry.
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Iran to Purchase 18m Doses of Covid-19 Vaccine
EghtesadOnline: Iran plans to procure 18 million doses of a Covid-19 vaccine from one of the three international manufacturers who have so far reported their product to be highly effective against…
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Foreign Trade Tops $44 Billion
EghtesadOnline: Iran’s non-oil foreign trade hit 97.7 million tons worth $44.6 billion in the eight months leading to Nov. 20.
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Iran DRI Output Registers Highest Growth Over Q1-3
EghtesadOnline: Iran recorded the highest growth in the production of direct reduced iron during the first three quarters of 2020 (January-September).
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$40m in Guarantees for Knowledge-Based Firms
EghtesadOnline: Iran's Innovation and Prosperity Fund issued 10 trillion rials ($40 million) in guarantees for knowledge-based companies during the first eight months (March 20- Nov. 21) of the…
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Covid-19 Deaths Top 45,000
EghtesadOnline: Iran’s Health Ministry on Monday recorded over 450 deaths caused by SARS-CoV-2 in one day, pushing the national toll past 45,000, as the country entered the third day of nationwide…
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TPO Pushing for Barter Trade
EghtesadOnline: The Trade Promotion Organization of Iran is doing all it can to promote barter trade by setting up special internal and international "barter chambers" to connect exporters and…
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Rainfall in Catchment Areas Is Down 45%
EghtesadOnline: Precipitation in Iran's six main catchment areas has decreased 45% since the beginning of the current water year that started on Sept. 22.
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Financial Trouble Scuttles Expansion of Tehran Subway
EghtesadOnline: The expansion of the Iranian capital city’s subway network is a challenging task for urban managers, who are struggling to secure financial resources to accomplish the same.
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Iran Tightens Restrictions on Movement, Non-Essential Businesses Amid Surge in Coronavirus
EghtesadOnline: Iran’s National Coronavirus Taskforce on Saturday began to impose strict travel restrictions and closed down non-essential businesses as part of efforts to stem the disease.
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Think Tank Reviews Iran-EAEU Trade Over March 2015-2020
EghtesadOnline: Iranian Parliament’s Research Center has reviewed trade transactions between Iran and the Eurasian Economic Union from the fiscal 2015-16 through to the last Iranian year (March…
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Localized Lockdown Imposed to Curb Covid-19
EghtesadOnline: Iran begins to enforce localized lockdown across the country on Saturday to halt the spread of the novel coronavirus, as cases and deaths continue to climb.
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Iran Hits Virus Milestone: 800,000 Infections
EghtesadOnline: Confirmed cases of the coronavirus outbreak in Iran exceeded 800,000 on Wednesday, as the government prepared to impose a large-scale lockdown to stem the spread of the contagion.
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Tehran Vows Crushing Response to Any American Attack
EghtesadOnline: Any attack on Iran by the United States would face a “crushing” response, Iran’s government spokesman said on Tuesday, following reports US President Donald Trump asked for options…
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Mapna Among Top 10 EPC Contractors in MENA Region
EghtesadOnline: Iran's industrial giant Mapna Group has been chosen by MEED Company as among the top 10 engineering, procurement and construction (EPC) contractors, in the oil, gas, and petrochemical…
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Cigarette Smuggling Increases by 8.9%
EghtesadOnline: A total of 7.58 billion cigarettes were smuggled into Iran during the seven months to Oct. 21, indicating an 8.9% increase compared with the corresponding period of last year.
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Switzerland Expands Trade Relations With Iran
EghtesadOnline: The transport agreement with Switzerland, signed during a visit to Bern in 2018 by Iranian President Hassan Rouhani, envisages the complete liberalization of goods transport and…
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Ministry Reviews Industrial Permits Issued in Six Months
EghtesadOnline: A total of 2.24 quadrillion rials ($8.33 billion) worth of investments are estimated to have been made in industrial units for which establishment permits were issued, while projects…
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SAIPA Propels Localization With Help From IRGC, Army
EghtesadOnline: Iran’s major automaker SAIPA is implementing 81 projects to localize high-tech auto parts, hoping to curb the sector’s dependency on foreign suppliers.