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Iran’s Rail Connectivity to Europe: Turkey Throwing Wrench in the Works

EghtesadOnline: Iran, located geographically at the crossroads of East and West, has been making efforts for years to build up its rail connections to neighboring countries, or build new railroads to complete its transit routes along the ancient Silk Road.
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Publish Date: 10/January/2022 | 16:11

Iran's Foreign Trade Rises 53% to $8.9b

EghtesadOnline: Iran’s foreign trade, except for crude oil exports, stood at 13.17 million tons worth $8.95 billion in the current fiscal year’s ninth month (Nov. 22-Dec. 21) to register a 25% and 53% growth in weight and value respectively compared with the corresponding month of last year, according to Rouhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date: 10/January/2022 | 16:06

Iran's Trade With Persian Gulf Countries Surpasses $20 Billion in 8 Months

EghtesadOnline: Iran traded 41.16 million tons of goods worth $20.05 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the current fiscal year’s first eight months (March 21-Nov. 21), according to the latest data released by the Islamic Republic of Iran Customs Administration.
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Publish Date: 09/January/2022 | 15:01

Iran: High Monetary Authority to Decide on CBDC

EghtesadOnline: The Central Bank of Iran has completed infrastructure for minting crypto rial as a central bank digital currency (CBDC). The currency will be launched after approval by the Money and Credit Council, the CBI deputy governor for innovative technologies said.
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Publish Date: 09/January/2022 | 15:01

Iran, S. Korea Diplomats Discuss Unfreezing Assets

EghtesadOnline: Senior diplomats from South Korea and Iran had discussions in Vienna on Iranian assets frozen in that country, the foreign ministry in Seoul said on Friday, with the thorny bilateral issue on the table for the talks aimed at restoring the 2015 Iranian nuclear deal.
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Publish Date: 08/January/2022 | 14:28

Deadly Flash Floods Hit Southern Iran

EghtesadOnline: At least eight people have been killed in flash floods in the southern regions of Iran due to heavy rains expected to last until later this week.
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Publish Date: 05/January/2022 | 16:16

Iran's Trade With OIC Tops $32 Billion

EghtesadOnline: Iran traded 68.15 million tons of non-oil commodities worth $32.77 billion with the Organization of Islamic Cooperation’s member states during the current fiscal year’s first eight months (March 21-Nov. 21), latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 05/January/2022 | 16:12

Iran's Q1 Land, Home Prices Double

EghtesadOnline: The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels in the country’s urban areas during the first quarter of the current fiscal year (March 21-June 21).
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Publish Date: 04/January/2022 | 16:06

Iran Pressing Ahead With Agricultural Outsourcing

EghtesadOnline: Iran’s geographical location on dry latitudes, its drastically changing climate, low precipitation levels (a third of global average), drought, high water consumption, diminishing water resources, soil degradation and low agricultural productivity are making it necessary for the country to take agricultural outsourcing more seriously to ensure food security and protect its vulnerable environment, says the manager of Agriculture Ministry’s “Farming Beyond Borders” program.
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Publish Date: 03/January/2022 | 15:21

Iran's Transactions With EU Rises 5% to €3.8 Billion in 10 Months

EghtesadOnline: Iran and the 27 member states of the European Union traded €3.38 billion worth of goods from the beginning of 2021 till October end, registering a 5.27% growth compared with last year's corresponding period.
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Publish Date: 01/January/2022 | 15:26

Iran’s Foreign Trade Exceeds $72b

EghtesadOnline: Iran’s foreign trade (excluding crude oil exports) stood at 122.5 million tons worth $72.1 billion in the first nine months of the current fiscal year (March 21-Dec. 21), registering an 11% and 38% year-on-year growth in weight and value respectively, according to the Islamic Republic of Iran Customs Administration.
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Publish Date: 29/December/2021 | 15:26

Iran's Agrifood Exports Fall, Imports Rise

EghtesadOnline: Agrifood exports from Iran are on the decline, as imports rise significantly, latest data released by the Agriculture Ministry show.
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Publish Date: 28/December/2021 | 17:52

Iran Rolls Out 1st Electric Bus

EghtesadOnline: The production line of the first electric bus, which uses 70% of domestic components and is totally designed and produced by Iranian experts, has come on stream.
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Publish Date: 28/December/2021 | 17:41

Central Bank of Iran: Pace of Broad Money Growth Slows

EghtesadOnline: Data released by the Central Bank of Iran show that money supply grew at a slower pace in the Iranian calendar month ending Nov 21 compared to the month before.
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Publish Date: 28/December/2021 | 17:36

Cryptominers Asked to Halt Activities Again

EghtesadOnline: Iran Power Generation, Distribution and Transmission Company, Tavanir, has asked authorized cryptomining centers to suspend their activities to prevent possible blackouts during winter.
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Publish Date: 26/December/2021 | 15:18