Iran
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Arab Countries Top List of Iran’s Export Destinations
EghtesadOnline: Arab countries were the main destinations of Iranian exports among its 15 neighboring countries in the first four months of the current fiscal year (March 21-July 22), according…
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Iran-Finland Chamber of Commerce Established
EghtesadOnline: The board of directors of the newly-established Iran-Finland Chamber of Commerce has been elected in a meeting of founding members in Tehran.
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Iran Inflation at Record High
EghtesadOnline: The annualized inflation rate in Iran has reached a record high.
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Tragedy of Privatization in Iran
EghtesadOnline: The government in Iran neither wants to see any part of its powers function outside its purview, nor delegate it to the private sector. This explains why challenges facing the…
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Tehran Stocks Bullish
EghtesadOnline: Almost all stock categories gained on Tuesday as the share market in Tehran extended a long winning streak with investors still showing interest in shares of small companies.
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Iran Reports Record 709 Covid Deaths in Last 24 Hours
EghtesadOnline: The Health Ministry on Tuesday logged an all-time high of 709 fatalities driven by the highly contagious Delta variant of the coronavirus.
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Covid Piles Pressure on Insurance Firms in Iran
EghtesadOnline: Insurance companies paid more than 107 trillion rials ($386.2 million) to hospitals and medical centers since the outbreak of Covid-19 pandemic in Iran in February 2020.
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Iran, Japan Sign Customs Coop. Deal
EghtesadOnline: Iran and Japan have signed an agreement on cooperation in customs affairs on Aug. 22 in the Iranian capital, the Embassy of Japan in Tehran wrote on its Twitter account.
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Iran to Import 60K Tons of Alfalfa From Russia
EghtesadOnline: Iran has placed an order to import 60,000 tons of alfalfa seeds from Russia, according to the head of the board of directors at the National Livestock Farmers Union.
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IPI Growth at One-Year Low
EghtesadOnline: Iran’s Industrial Production Index grew by 2.5% in the fourth month of the current fiscal year (June 22-July 22) compared with the same period of last year, which is the lowest…
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Iran E-Commerce Trending Higher
EghtesadOnline: The annual report published by Digikala, a domestic prototype of Amazon in Iran and one of the country's leading online retailers, casts light on Iran’s e-commerce scene in the…
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Iran’s Health Tourism: Is Iran a safe choice?
EghtesadOnline: Carefultrip, an umbrella providing every patient with absolute medical care. A professional team consisting of experienced specialists and physicians who value patients' health…
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CSPO Affiliate Makes Debut at IFB
EghtesadOnline: An investment company affiliated to the Civil Servants Pension Organization (CSPO) held an initial public offering on Wednesday at Iran Fara Bourse, the junior equity exchange.
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Official Warns About Worsening Food Security
EghtesadOnline: Kaveh Zargaran, the head of Iran Chamber of Commerce, Industries, Mines and Agriculture’s Agriculture Commission, has expressed concerns over deteriorating food security in Iran,…
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Iranian Auto Parts Makers Beleaguered
EghtesadOnline: The procurement of raw materials and key components in Iran’s auto parts manufacturing sector has been beleaguered by US sanctions, an industry insider said.
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Electricity Consumption Sets Record
EghtesadOnline: Electricity consumption in Iran sets a record on Tuesday by exceeding 67,000 megawatts, spokesman of Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
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Iran's Steel Exports Increase as Output, Imports Decline
EghtesadOnline: During the first four months of the current fiscal year (March 21-July 22), steel exports saw significant growth as imports and production declined compared with last year’s correspond…
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H1 Trade With US Declines by 15.9%
EghtesadOnline: Iran’s commercial transactions with the US amounted to $20.1 million during the first six months of 2021 to register a 15.9% decline compared with the corresponding period of…
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IFB Launches Internet TV to Help Improve Financial Literacy
EghtesadOnline: Iran Fara Bourse, the junior equity market in Tehran, launched an internet TV on Sunday to help improve the financial literacy of stock market investors.
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Iranian Steel Mills Facing Reduction of Power Supply: Tavanir CEO Warns
EghtesadOnline: The Iran Power Generation, Distribution and Transmission Company (locally known as Tavanir) has warned that it will have to cut down on its electricity supply to steel mills,…
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Iran Petrochem Revenues to Reach $21.5 Billion by March 2022
EghtesadOnline: Revenues generated by selling petrochemical products in domestic and international markets are predicted to reach $21.5 billion by the end of the current fiscal year (March 2021-22),…
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Iran’s Gini Index Surges
EghtesadOnline: Iran’s Gini Index stood at 0.4006 in the last fiscal year (March 2020-21) compared with the previous year’s 0.3992, the Persian-language daily Shargh reported, citing the Statistical…
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Iran Electricity Consumption Expected to Reach 78 Gigawatts in Five Years
EghtesadOnline: Estimates show that Iran’s electricity consumption will be around 78,000 megawatts in the next five years, and in case the current level of electricity generation does not increase,…
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Iran Raises Alarm at US Modernization of Nuclear Arsenal
EghtesadOnline: Iran expressed concerns about the modernization of atomic arsenal by nuclear-weapon states, especially the United States, in breach of the nuclear Non-Proliferation Treaty, urging…
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Daily Covid Deaths Climb Above 500
EghtesadOnline: Iran’s daily death toll caused by Covid-19 surpassed 500 for the first time since the start of the outbreak as the highly transmissible Delta variant ravages the country.
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IRISL Four-Month Revenues Up 66% YOY to $360 Million
EghtesadOnline: The Islamic Republic of Iran Shipping Lines earned about $360 million during the first four months of the current year (March 21-July 22) to register a 66% rise in revenues compared…
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Taliban Offensive Closes Iran's Main Trade Gateway With Afghanistan
EghtesadOnline: Due to political turmoil in Afghanistan and the Taliban’s advance to Nimruz Province neighboring Iran’s Sistan-Baluchestan Province’s Hirmand County, Milak border crossing in…
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30% of Industrial Towns Inactive
EghtesadOnline: Iran has 1,011 industrial towns, of which 728 are active and about 30% are inactive.
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Iran's Trade With Neighbors Hit $10.5b
EghtesadOnline: Iran’s trade with its 15 neighboring countries stood at $10.5 billion in the first quarter of the current fiscal year (March 21-June 21), data released by the Islamic Republic…
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Sight Deposits Attractive Still
EghtesadOnline: Central Bank of Iran data shows despite decline in growth of sight deposits, depositors are keen about keeping their money in banks so long as term interest rates on deposits…