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Inflation Breaks Rising Streak

EghtesadOnline: The average annual inflation in Iran has broken a 12-month rising streak in the fiscal month ending Oct. 22.
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Publish Date: 26/October/2021 | 14:54

Caps on Working Capital Loans

EghtesadOnline: The Central Bank of Iran in an edict to banks announced caps for working capital loans.
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Publish Date: 26/October/2021 | 14:53

Chabahar and Iran’s Strategic Balancing With China, India

EghtesadOnline: The construction of a port project in the Iranian city of Chabahar has been gaining increased attention as a potential global trading hub and an arena for geopolitical competition.
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Publish Date: 25/October/2021 | 15:05

Iran Bans Entry of Cargo, Passengers to Karabakh, Lachin via Armenia

EghtesadOnline: In a directive addressed to transportation companies and businesspeople, the Road Maintenance and Transportation Organization, affiliated with the Ministry of Roads and Urban Development, has banned Iranian freight forwarders from entering the Karabakh region and the city of Lachin through Armenia.
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Publish Date: 25/October/2021 | 15:03

Iranian Banks Pay Tech Loans Worth Over $700m in 6 Months

EghtesadOnline: Local banks have collectively paid 198.9 billion rials ($718 million) in loans to 857 knowledge-based companies and startups in the first half of the current Iranian year (March 21-Sept. 22).
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Publish Date: 25/October/2021 | 14:54

Apparent Steel Usage Dwindles

EghtesadOnline: Iran's apparent steel usage decreased in the first six months of the current Iranian year (March 21-Sept. 22) compared with last year's corresponding period.
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Publish Date: 25/October/2021 | 14:52

Eating Habits of Iranians Surveyed

EghtesadOnline: Weekly per capita milk consumption among Iranians ages 15 and above stood at 2.98 glasses in the year ending March 20, 2021, findings of the Statistical Center of Iran’s survey show.
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Publish Date: 20/October/2021 | 14:26

Trade With Saudi Arabia Resumes With Iranian Exports

EghtesadOnline: After a one-and-a-half-year hiatus in trade, Iran has exported $39,000 worth of commodities to its southern neighbor Saudi Arabia since President Ebrahim Raeisi’s first term began in August, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date: 20/October/2021 | 14:24

Iran Gov’t Budget Deficit to Exceed $10b

EghtesadOnline: The government is expected to run a budget deficit of 2,800 trillion rials ($10.2 billion) by the end of the current fiscal year (March 2021-22), forecasts Majlis Research Center, the research arm of the Iranian Parliament.
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Publish Date: 20/October/2021 | 14:19

Iran to Pilot Nat’l Cryptocurrency

EghteasadOnline: The governor of Central Bank of Iran said on Sunday the national cryptocurrency will enter the pilot stage in the near future, without providing further details.
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Publish Date: 19/October/2021 | 14:20

Iran's Trade With Neighbors Reaches $22.5b in H1 Fiscal 2021-22

EghtesadOnline: Iran’s trade with its 15 neighboring countries stood at 47.22 million tons worth $22.59 billion in the current fiscal year’s first six months (March 21-Sept. 22), according to the latest data released by Islamic Republic of Iran’s Customs Administration.
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Publish Date: 18/October/2021 | 14:32

Iran to Pilot Nat’l Cryptocurrency

EghtesadOnline: The governor of Central Bank of Iran said on Sunday the national cryptocurrency will enter the pilot stage in the near future, without providing further details.
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Publish Date: 18/October/2021 | 14:31

CNG Conversion Plan Gains Momentum

EghtesadOnline: Currently, 2,646 CNG filling stations are operating in Iran and the number of vehicles with hybrid CNG engines has surpassed 4.119 million.
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Publish Date: 17/October/2021 | 16:12

Indian Bananas to Be Exported to Iran via Sea

EghtesadOnline: India’s Agricultural and Processed Food Products Export Development Authority (APEDA), an organization under the federal Ministry of Commerce and Industry, will dispatch the first-ever shipment of bananas from Uttar Pradesh (a state in northern India) to Iran by sea.
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Publish Date: 17/October/2021 | 16:08

Iran Prepared to Deal With New Wave of Coronavirus

EghtesadOnline: Health Minister Bahram Einollahi said on Saturday that Iran has taken the necessary steps to contain a possible sixth wave of Covid-19 as the country plans to move forward with school and university reopenings.
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Publish Date: 17/October/2021 | 16:04

Mundra Drug Haul: Iran Slams Adani Ports’ Unprofessional Ban

EghtesadOnline: Days after a massive drug haul at the Mundra Port in Gujarat made the Adani Ports and Special Economic Zone (APSEZ) issue a trade advisory stating that it will not handle any container cargo originating from Iran, Pakistan and Afghanistan Nov. 15 onward, Tehran has conveyed its displeasure to New Delhi, calling the banning of its consignments as an “unprofessional and imbalanced move”.
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Publish Date: 16/October/2021 | 14:01

Indian Bananas to Be Exported to Iran via Sea

EghtesadOnline: India’s Agricultural and Processed Food Products Export Development Authority (APEDA), an organization under the federal Ministry of Commerce and Industry, will dispatch the first-ever shipment of bananas from Uttar Pradesh (a state in northern India) to Iran by sea.
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Publish Date: 16/October/2021 | 13:59

5 Tech Centers to Help Upgrade Iran Post Services in Provinces

EghtesadOnline: Iran Post Company, the state-owned corporation responsible for providing postal services in the country, has launched five tech centers to upgrade its services with the help of the local knowledge-based community.
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Publish Date: 16/October/2021 | 13:57