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Iran's CB Refutes IMF Data on Currency Reserves

EghtesadOnline: The governor of Central Bank of Iran rejected the IMF’s estimation of Iran’s currency reserve in its latest report published last week.
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Publish Date: 17/April/2021 | 19:04

Iranians Spend $5.2m on Video Games

EghtesadOnline: Iranian gamers spent 1.31 trillion rials ($5.24 million) on video games in the fiscal 2020-21, Iran’s Digital Games Research Center reported.
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Publish Date: 17/April/2021 | 18:58

SCI on Q4 Youth Unemployment

EghtesadOnline: The Statistical Center of Iran provides two figures for the youth unemployment rate: the proportion of the population between 15 and 24 years and those between 18 and 35 years.
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Publish Date: 14/April/2021 | 16:55

Iran's Strategic Goods Storage Capacity on the Rise

EghtesadOnline: Mazandaran Ports and Maritime Organization recently signed a contract with a private sector company to build a silo with a storage capacity of 30,000 tons of grains in Noshahr Port.
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Publish Date: 14/April/2021 | 16:51

Iran's Housing PMI Ends Fiscal 2020-21 Lower at 63.9

EghtesadOnline: The Purchasing Managers’ Index for the housing sector in the 12th month of the last Iranian year (Feb. 19-March 20) settled at 63.93 from 64.28 of the preceding month (Jan. 20-Feb. 18), indicating a 0.55% decrease, Iran Chamber of Cooperatives reported.
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Publish Date: 14/April/2021 | 15:39

Sales of Iranian Tech Firms Hit $7.6b

EghtesadOnline: Sales of Iranian startups and knowledge-based companies reached 1.8 quadrillion rials ($7.6 billion) in the last Iranian year (ended March 20, 2020), a senior official with the Vice Presidential Office for Science and Technology says.
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Publish Date: 14/April/2021 | 15:35

China Willing to Invest $80 Billion in Iran’s Mining Sector

EghtesadOnline: China is willing to invest a total of $400 billion in Iran’s economic sectors as part of its 25-Year Cooperation Agreement, some $80 billion of which are to be in the mining sector, the head of Mines and Mineral Industries Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date: 14/April/2021 | 15:34

Iran Steel Exports Reach 8.2 Million Tons

EghtesadOnline: A total of 8.24 million tons of finished and semi-finished steel products were exported from Iran during the first 11 months of last fiscal year (ended March 20, 2021), the Iranian Steel Producers Association announced.
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Publish Date: 14/April/2021 | 15:33

Iran's CB Refutes IMF Data on Currency Reserves

EghtesadOnline: The governor of Central Bank of Iran rejected the IMF’s estimation of Iran’s currency reserve in its latest report published last week.
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Publish Date: 14/April/2021 | 15:32

Essential Goods Imports Hit $12 Billion in Fiscal 2020-21

EghtesadOnline: Over 23 million tons of essential goods worth $12 billion were imported into Iran during the last Iranian year (March 2020-21), according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date: 12/April/2021 | 18:15

SCI: Q4 Graduates Unemployment Rate Reaches 14.1%

EghtesadOnline: The unemployment rate for university graduates stood at 14.1% in the fourth quarter of the last Iranian year (Dec. 21, 2020-March 20), posting a 1.5% year-on-year decrease, according to the latest report of the Statistical Center of Iran.
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Publish Date: 12/April/2021 | 18:14

Daily Corona Deaths Soar Past 250

EghtesadOnline: Iran registered 258 new deaths caused by Covid-19 on Sunday, its biggest one-day raise since December, as the country grapples with the fourth of Covid-19 pandemic in the aftermath of the Iranian New Year holidays.
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Publish Date: 12/April/2021 | 18:07

CBI Innovating to Boost Banking Transparency

EghtesadOnline: The Central Bank of Iran's department for innovative technologies is working on projects aimed at improving transparency of the banking industry.
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Publish Date: 12/April/2021 | 18:06

Iran, Afghanistan Sign MoU to Build 2nd Cross-Border Bridge

EghtesadOnline: A memorandum of understanding has been signed between Iran and the neighboring Afghanistan for the construction of a second bridge connecting Milak and Zaranj counties in Iran’s Sistan-Baluchestan Province to Afghanistan’s Nimruz Province to facilitate trade interactions between the two sides.
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Publish Date: 11/April/2021 | 24:31

Payment Co. Loses Pole Position

EghtesadOnline: For the first time since the birth of Shaparak Network, Iran's domestic payment network, Beh Pardakht Mellat e-payment company lost its pole position as company with the highest number of monthly transactions.
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Publish Date: 10/April/2021 | 24:50

Iran's Covid-19 Infections Exceed Two Million Mark

EghtesadOnline: Iran's total number of coronavirus cases surged past the two million milestone on Thursday, amid the relentless spread of a fourth wave of infections that has overwhelmed hospitals in all major cities.
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Publish Date: 10/April/2021 | 24:48

Central Bank of Iran Says Not Swaying Stock Market

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has denied accusations that the CBI's interest rate policy had a role in the stock market collapse in the last calendar year that ended in March.
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Publish Date: 10/April/2021 | 24:45

2.3% Decline in Q3 Services Employment

EghtesadOnline: The services sector employed 50.4% of the Iranian employed population (11.66 million) in the fourth quarter of last Iranian year (Dec. 21, 2020-March 20), 2.3% less than the corresponding period of the preceding year, whereas industrial and agricultural sectors provided 33.8% and 15.8% of the jobs respectively.
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Publish Date: 07/April/2021 | 24:44