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Iran's Trade With ECO Jumps 38% YOY to Near $5 Billion in Five Months

EghtesadOnline: Iran and the Economic Cooperation Organization member states traded 7.94 million tons of commodities worth $4.97 billion during the first five months of the current Iranian year (March 21-Aug. 22), registering an 8% and 38% rise in volume and value respectively compared with the similar period of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date: 22/September/2021 | 14:14

Iranian Dams Only 39% Full

EghtesadOnline: Dams across Iran has the capacity to hold 50.5 billion cubic meters of water, but currently only 39% of their total capacity is filled, which is due to lower precipitation in the past water year (September 2020-21).
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Publish Date: 20/September/2021 | 13:59

Azerbaijan’s Disruption of Iran-Armenia Trade Under Fire

EghtesadOnline: The government of Azerbaijan has imposed a $130 toll fee since about a week ago on Iranian trucks exporting goods to Armenia via the border region occupied by Azerbaijani forces, says Hervic Yarijanian, the head of Iran-Armenia Chamber of Commerce.
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Publish Date: 20/September/2021 | 13:57

Iran Defends Asian Volleyball Crown

EghtesadOnline: Iran succeeded in defending its crown at the 21st Asian Senior Men’s Volleyball Championship after a thrilling 3-0 (27-25, 25-22, 31-29) final clash with hosts Japan at the Chiba Port Arena on Sunday.
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Publish Date: 20/September/2021 | 13:55

Significant Decline in Iran's Apparent Steel Usage

EghtesadOnline: Iran's apparent steel usage, defined as production plus imports minus exports, sometimes also adjusted for changes in inventories, decreased significantly during the first five months of the current Iranian year (March 21-Aug. 22) compared with last year's corresponding period.
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Publish Date: 20/September/2021 | 13:52

Freight Transit at Record High

EghtesadOnline: The volume of freight transit through Iran has reached a new high.
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Publish Date: 19/September/2021 | 13:53

Iran Reports Lowest Number of Covid Cases in Over 2 Months

EghtesadOnline: The Health Ministry on Saturday registered 12,800 new Covid-19 infections, its lowest daily tally since early July, marking a sharp decline in cases as the fifth wave of the pandemic subsides.
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Publish Date: 19/September/2021 | 13:51

Strong Boost in Trade Ties With Iraq

EghtesadOnline: Iran’s imports from its western neighbor, Iraq, stood at 313,612 tons worth $175.99 million in the first five months of the current Iranian year (March 21-Aug. 22), showing a 970% and 430% surge in weight and value respectively compared with the similar period of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date: 18/September/2021 | 13:42

Iranian Tech Firm to Aid Auto Upgrade

EghtesadOnline: An Iranian knowledge-based firm has signed contracts collectively worth 8 trillion rials ($29 million) to supply catalytic converters to SAPCO and Mega Motors, major auto parts producers.
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Publish Date: 18/September/2021 | 13:41

Iran Joins SCO

EghtesadOnline: The Shanghai Cooperation Organization began the technical process of officially admitting Iran as a full member on Friday.
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Publish Date: 18/September/2021 | 13:37

Overview of Iran’s Housing Poverty

EghtesadOnline: Housing accounted for 27.4% of total expenditure of Iranian households in the year ending March 2020, a report by the Ministry of Cooperatives, Labor and Social Welfare says.
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Publish Date: 15/September/2021 | 14:03

No Anti-Iran Resolution on Agenda at Board of Governors’ Meeting

EghtesadOnline: Western powers on Monday scrapped plans for a resolution criticizing Iran at the UN atomic watchdog after Tehran agreed to prolong monitoring of some nuclear activities, even though the watchdog said Iran made no “promise” on another key issue.
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Publish Date: 15/September/2021 | 14:01

Iran’s Escalating Water Crisis Worsened by Neighboring States

EghtesadOnline: Large-scale operations carried out by eastern and western neighboring states to control cross-border rivers have compounded Iran’s mounting water crisis, the head of the Water Affairs Faculty at Shahid Chamran University in Ahvaz, Khuzestan Province, said.
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Publish Date: 15/September/2021 | 14:00

Iranian Steel Mills Post Strong Growth in Exports

EghtesadOnline: Iranian steelmakers have registered a significant growth in exports, latest data released by the Iranian Steel Producers Association show.
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Publish Date: 15/September/2021 | 13:53

Whistleblowers Report 20% of Illegal Cryptomining Locations

EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) says whistleblowers helped in almost 20% of the total illegal cryptomining farm detections since the beginning of the fiscal year in March.
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Publish Date: 15/September/2021 | 13:52

Iran, Iraq Determined to Expand Ties

EghtesadOnline: Iraqi Prime Minister Mustafa Al-Kadhimi met with Iranian President Ebrahim Raeisi in Tehran on Sunday where both sides expressed determination to promote bilateral ties in all sectors.
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Publish Date: 13/September/2021 | 16:02

Iran's Trade With SCO Tops $9.8b

EghtesadOnline: Iran’s trade with the member states of Shanghai Cooperation Organization reached 15.76 million tons worth $9.82 billion in the first four months of the current fiscal year (March 21-July 22), according to the latest statistics of the Islamic Republic of Iran Customs Administration.
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Publish Date: 13/September/2021 | 16:00

Iran Oil Refining Capacity to Increase 1.5 Times in 5 Years

EghtesadOnline: Raising the quality and output of oil refineries and building new refineries are on the agenda of the Oil Ministry to help increase Iran's oil refining capacity by 1.5 times in five years, the new oil minister said.
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Publish Date: 12/September/2021 | 13:30

Iran Gov’t to Run $16.7b Budget Deficit in Fiscal 2021-22

EghtesadOnline: The budget deficit is on course to reach 4,640 trillion rials ($16.79 billion) in the fiscal 2021-22 while the government is also facing an unfunded deficit of roughly 30%, or 3,830 trillion rials ($13.86 billion).
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Publish Date: 11/September/2021 | 13:12

€6.3m Worth of IV Fluid Bags Imported

EghtesadOnline: A total of 226 trucks carrying IV fluid bags entered Iran from Aug. 10 to Sept. 6, according to the technical deputy of the Islamic Republic of Iran Customs Administration.
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Publish Date: 08/September/2021 | 14:20