iranian
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SCI Reviews Fiscal 2019-20 Household Income, Expenses
EghtesadOnline: Iranian households living in urban areas spent an average of 474,379,000 rials ($2,405) in the last Iranian year (March 2019-20), 20.6% more than in the preceding year, the Statistical…
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Exporters’ Default Put Over $27 Billion
EghtesadOnline: Iranian export companies have refrained from returning $27.5 billion of their overseas revenues over the past two years, says an official with the Central Bank of Iran.
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Rial Bashing Continues
EghtesadOnline: Iranian rial hit new lows against major currencies on Tuesday with the US dollar breaking above the psychological 200,000 rials.
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Exports by Border Cooperatives Hit $1.2b
EghtesadOnline: A total of $1.2 billion worth of goods were exported by the Cooperatives of Iranian Border Residents during the last Iranian year (March 2019-20).
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Turkmenistan Allows Iranian Trucks to Enter Border
EghtesadOnline: After being held up behind Sarakhs border crossing for two and a half months, 30 wagons carrying Iranian goods were let into the neighboring Turkmenistan on Thursday, according…
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With Over 3m Tons, MSC Remains Biggest Iranian Steelmaker
EghtesadOnline: With 3.18 million tons of output, Mobarakeh Steel Company had the largest share of steel production in Iran during the first two months of the current fiscal year (March 20-May…
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Less Flaring in Southwest Oilfield
EghtesadOnline: The Iranian Central Oil Fields Company has a project to collect and process associated petroleum gases from Dehloran oilfield on a daily basis, the managing director said.
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Iran to Resume Int’l Flights
EghtesadOnline: Istanbul Airport will resume flights to and from Iran from August 1, says Maqsoud Asadi-Samani, secretary of the Association of Iranian Airlines.
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Nomadic Meat Production Expected to Rise 15-20%
EghtesadOnline: Red meat production by nomads in Iran is estimated to increase by 15-20% in the current Iranian year (March 2020-21), compared with last year amid high precipitation that led…
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PMI Shows Industries Recovering From Steep Slump
EghtesadOnline: Iranian industries are seeing significant improvement in their latest indices from purchasing manager surveys after steep declines earlier in the current fiscal year (started…
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Solar Power Helping Nomads
EghtesadOnline: By the end of next Iranian year (March 2022), the number of nomadic households using solar energy will double, head of Nomads Affairs Organization of Iran said.
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Steel Production Surges Over 8 Million Tons in Two Months
EghtesadOnline: Iranian steelmakers produced close to 8.17 million tons of semi-finished and finished steel products during the first two month of the current fiscal year (March 20-May 20) to…
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Tax Abusers on Notice
EghtesadOnline: To fight rampant tax evasion and fraud, the Iranian National Tax Administration will henceforth focus on the minority taxpayers who indeed are liable for the majority of unpaid…
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Hotels, Restaurants Inflation at 34.3%
EghtesadOnline: The average Consumer Price Index of hotels and restaurants in the 12-month period ending May 20, which marks the end of the second Iranian month, Ordibehesht, increased by 34.3%…
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5% Rise in Watermelon Exports
EghtesadOnline: A total of 117,000 tons of watermelons were exported from Iran during the first two months of the current Iranian year (March 20-May 20) to register a 5.12% increase compared…
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NIGC Says Ready to Double Supplies to Power Plants
EghtesadOnline: The National Iranian Gas Company can double the volumes it delivers to thermal power plants and supply at least 310 million cubic meters of natural gas a day to power stations…
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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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Iranian Port Operations Down 27%
EghtesadOnline: Iran’s 21 major ports loaded and unloaded a total of 18.99 million tons of commodities during the first two months of the current Iranian year (March 20-May 20) to register a…
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SCI: Economy Contracts by 7%
EghtesadOnline: The Iranian economy experienced a 7% contraction in the fiscal 2019-20, the Statistical Center of Iran said in its latest report.
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5 Iranian Provinces on Virus Red Alert
EghtesadOnline: Five of Iran’s 31 provinces are in a state of emergency due to a resurgence of Covid-19 infections, a health official said.
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World Bank Anticipates Iranian Economy to Bounce Back in 2021
EghtesadOnline: The World Bank expects Iran's economy to bounce back to growth in 2021 with 2.1% in GDP expansion after having experienced an estimated 5.3% contraction this year.
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Construction Permits in Slum Areas Given Free of Charge
EghtesadOnline: As per a memorandum of understanding recently signed between Iranian Municipalities Organization and Urban Regeneration Corporate Holding Company, affiliated to the Ministry of…
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Outstanding Export Bills Could Pose a Major Risk
EghtesadOnline: Iranian exporters’ difficulties in getting paid by their foreign buyers is a major risk to their business, says the managing director of Export Guarantee Fund of Iran.
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25-30% Rise Expected in Cotton Production
EghtesadOnline: Cotton boll production is estimated to reach 260,000 tons in the current Iranian year (started March 20), from which about 80,000 tons of refined cotton are expected to be produced.…
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Milk Production at 11m Tons Last Year
EghtesadOnline: More than 11 million tons of milk were produced in Iran during the last Iranian year (March 2019-20), according to the deputy agriculture minister for livestock affairs.
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Iranian Trucks Resume Border Trade With Turkey
EghtesadOnline: Some 150 Iranian trucks entered Turkey on Thursday after the reopening of customs gates between the two neighbors, says the spokesman of the Islamic Republic of Iran Customs Administra…
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Exports to Afghanistan Exceed $340m
EghtesadOnline: Iran exported 1.06 million tons of commodities worth $341 million to Afghanistan during the first two months of the current Iranian year (March 20-May 20) to register a 3.5% rise…
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Bushehr Exports Surpass $820m in Two Months
EghtesadOnline: A total of 3.72 million tons of commodities, including gas condensates, worth $823.81 million were exported from the southern Bushehr Province during the first two months of the…
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Post-Revolution Track Record of Iranian Agriculture Sector
EghtesadOnline: The agriculture sector’s share in generating Iran’s gross domestic product (GDP) increased from 3.1% in the fiscal 1977-78, the year before the Islamic Revolution, to 6.2% in…
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Decline in Oldest Iranian Tobacco Company's Output
EghteadOnline: Misguided policies related to the tobacco industry, restrictive regulations and lack of thoughtful plans have led to a decline in output of Iranian Tobacco Company in recent years,…