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Tehran, Baku Seeking to Boost Ties

EghtesadOnline: Iranian and Azeri officials met in Baku to explore avenues to bolster relations between the two neighboring states.
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Publish Date: 20/February/2021 | 16:23

Domestic Manufactures to Supply Bidboland Refinery

EghtesadOnline: Iranian manufactures will provide equipment and parts including electro-compressors for the Persian Gulf Bidboland Gas Refinery, managing director of the refinery said.
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Publish Date: 20/February/2021 | 16:21

EEU Official Says Bloc Yet to Receive Accession Request From Iran

EghtesadOnline: There have been no requests for Iran's accession to the Eurasian Economic Union, Iya Malkina, an aide to the chairman of the board of Eurasian Economic Commission, said on Feb. 17 while commenting on media reports that Tehran had begun talks on accession to EEU (or EAEU).
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Publish Date: 20/February/2021 | 16:00

Aluminum Production Grows 85%

EghtesadOnline: Iranian aluminum producers had a total output of 364,783 tons of ingots during the first 10 months of the current Iranian year (March 20-Jan. 19) to register an 85% rise compared with the corresponding period of last year.
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Publish Date: 20/February/2021 | 15:58

Role of Banks in Weekly Bond Sale Diminishes

EghtesadOnline: Results of the recent bond auction held by the Central Bank of Iran indicate the declining share of banks and credit institutions in bond sale while stock market investors and security underwriters contributed more.
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Publish Date: 20/February/2021 | 15:57

Exports to Neighbors Top $16b

EghtesadOnline: Iran exported $16.64 billion worth of non-oil commodities to its 15 neighboring counties during the first 10 months of the current Iranian year (March 20, 2020-Jan. 19), more than $10.7 billion of which were shipped to Arab states, according to the director general of Trade Promotion Organization of Iran’s Arab and African Affairs Bureau.
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Publish Date: 20/February/2021 | 15:55

Some Hope for SHTA

EghtesadOnline: Head of the Iran-Switzerland Joint Chamber of Commerce says with a new government in the United States "sensitivities" toward the Iran-Switzerland financial channel has declined.
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Publish Date: 20/February/2021 | 15:54

Fair Vaccine Distribution, Lifting of Bans Key to Covid-19 Fight

EghtesadOnline: Iran’s envoy to the United Nations said a fair distribution of Covid-19 vaccines among all countries and the removal of US sanctions are among important requisites for a successful battle against the deadly disease.
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Publish Date: 20/February/2021 | 15:53

Iran’s Largest Agrifood Export Terminal Launched in Mazandaran

EghtesadOnline: Phase I of Iran’s largest logistics center and export terminal for agricultural products was inaugurated in the northern province of Mazandaran via videoconference by President Hassan Rouhani on Thursday.
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Publish Date: 20/February/2021 | 14:51

40% Decline in Precipitation

EghtesadOnline: Rainfall in Iran's six main catchment areas has plunged 40% since the beginning of the current water year in Sept. 2020.
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Publish Date: 18/February/2021 | 20:11

1st Top Ranking for Local Sedan

EghtesadOnline: Iran’s quality watchdog has given five out of five stars for the first time to a sedan made by a leading domestic automaker Iran Khodro.
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Publish Date: 18/February/2021 | 20:08

Iraq Resuming Four Weekly Iran Flights

EghtesadOnline: Iraqi Airways will resume flights on Tehran-Najaf-Tehran and Mashhad-Najaf-Mashhad this week, as restrictions on issuing flight permits to Iranian airlines have been lifted, the spokesperson of the Civil Aviation Organization said.
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Publish Date: 17/February/2021 | 20:15

NPLs Improve on Quarterly Basis

EghtesadOnline: Non-performing loans of Iranian banks and credit institutions were worth 1,770 trillion rials ($7 billion) by the end of the second quarter of the current fiscal year (Sept. 21), the latest data published by the Central Bank of Iran show.
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Publish Date: 17/February/2021 | 20:09

Daily Covid-19 Infections Rise Past 8,000

EghtesadOnline: Iran’s Health Ministry reported some 8,000 new coronavirus cases on Tuesday, the highest single-day rise in nearly two months, as experts warn of a rising fourth wave of infections.
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Publish Date: 17/February/2021 | 20:03

Q1-3 Industrial Investment Permits Under Review

EghtesadOnline: Atotal of 3.65 quadrillion rials ($14.36 billion) worth of investment were made in industrial units with establishment permits, while projects with operating licenses are estimated to have received 1.48 quadrillion rials ($5.83 billion) in the first three quarters of the current Iranian year (March 20-Dec. 20, 2020).
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Publish Date: 17/February/2021 | 20:00

LPG Demand 2m Tons p.a.

EghtesadOnline: Two million tons of liquefied petroleum gas is consumed annually in Iran, managing director of Persi Iran Gas Company said.
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Publish Date: 16/February/2021 | 16:25

33% Rise in Trade With Oman

EghtesadOnline: Iran and Oman traded 2.29 million tons of commodities worth $593 million during the first nine months of the current Iranian year (March 20, 2020-Jan. 19), showing a 33% increase in value compared with the similar period of last year, according to the chairman of Iran-Oman Chamber of Commerce.
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Publish Date: 16/February/2021 | 16:21

Growth in Red Meat Production

EghtesadOnline: A total of 40,400 tons of red meat were produced in Iran during the month ending Jan. 19 to register a 38% rise compared with the similar month of last year.
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Publish Date: 16/February/2021 | 16:19