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Fines for Breaching Covid-19 Rules in Tehran Outlined

EghtesadOnline: People who breach coronavirus regulations in Iran’s capital could face fines of up to $6.6, President Hassan Rouhani announced on Saturday in a bid to encourage compliance with health protocols in the face of a third wave of infections.
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Publish Date: 11/October/2020 | 14:11

3.5% Rise in Building Permits in Fiscal 2019-20

EghtesadOnline: The Statistical Center of Iran has published its latest findings concerning building permits issued in Iran, especially in the capital city Tehran, during the last fiscal year that ended on March 19, 2020.
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Publish Date: 11/October/2020 | 14:09

Army Air Force Initiative to Extend Tech Support to SAIPA

EghtesadOnline: Iran Army Air Force has launched an initiative to strengthen relations with the major automaker SAIPA for sharing technologies, bolstering domestic auto production and reducing foreign dependency.
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Publish Date: 11/October/2020 | 14:08

SCI Reviews Q2 Labor Market

EghtesadOnline: Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.5% in the second quarter of the current Iranian year (June 21-Sept. 21), indicating a 1% decline compared with the same period of last year.
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Publish Date: 10/October/2020 | 15:44

Aversion to Gov’t Bonds Persists

EghtesadOnline: Bond auctions held Tuesdays by the Central Bank of Iran concluded with none of the legal or individual investors showing interest in the government bonds.
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Publish Date: 10/October/2020 | 15:32

Court Invalidates Privatization of Giant Farming Company

EghtesadOnline: The Supreme Audit Court of Iran, the supervisory arm of the parliament, issued a ruling reversing a decision by the Iranian Privatization Organization two years ago to divest Moghan Agro Industrial & Animal Husbandry Company.
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Publish Date: 10/October/2020 | 15:27

Covid-19 Deaths Cross 28,000

EghtesadOnline: Iran logged 210 overnight deaths due to the coronavirus pandemic on Friday, which pushed the national toll past the 28,000 mark, a health official said.
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Publish Date: 10/October/2020 | 15:25

Trump Flirts With Sanctions

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati, said Thursday that the new US sanctions against Iranian banks are yet another blow to the few remaining channels to pay for food and medicine, describing the move as another political stunt.
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Publish Date: 10/October/2020 | 15:19

Iran Refiners Ramp Up Output

EghtesadOnline: Oil refining companies in Iran are doing reasonably well as production and export of gasoline has been of the ascending order in the past 14 years.
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Publish Date: 07/October/2020 | 20:10

No Flights to Turkey Until Nov. 1

EghtesadOnline: Flights between Iran and Turkey will be suspended until Nov. 1 to help curb the new wave of Covid-19, the head of Iran Civil Aviation Organization said.
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Publish Date: 07/October/2020 | 20:08

Iranian Exhibition Sector Sustains $4.4m in Pandemic Losses

EghtesadOnline: Iran’s exhibitions sector has suffered 1.25 trillion rials ($4.26 million) in losses since the outbreak of the coronavirus pandemic in mid-February, according to the head of the Union for International Exhibitions of Iran.
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Publish Date: 07/October/2020 | 20:01

15% Decline in Vegetable Oil Output as Oilseed Imports Drop 51%

EghtesadOnline: A total of 810,000 tons of vegetable oil were produced in Iran during the first half of the current Iranian year (March 20-Sept. 21), showing a 15% decline compared with the similar period of last year, according to the secretary of Iran’s Vegetable Oil Industries Guild Union.
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Publish Date: 07/October/2020 | 19:59

Iranian Pesticide Use Below Global Average

EghtesadOnline: Iran’s annual pesticide consumption currently averages at 30,000-35,000 tons, the head of Iran’s Plant Protection Organization said.
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Publish Date: 07/October/2020 | 19:57

CBI Forex Dealers Raise Rates

EghtesadOnline: Unabated rallies in currency rates propelled exchange shops affiliated to the Central Bank of Iran to push rates to unprecedented levels on Tuesday.
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Publish Date: 07/October/2020 | 19:55

Daily Virus Infections Surpass 4,000

EghtesadOnline: For the second day in a row, Iran set a daily record of 4,151 Covid-19 infections on Tuesday as officials warned that the third wave of the disease had become more severe.
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Publish Date: 07/October/2020 | 13:04

Plan to Meet Weaponry Needs After Arms Ban Expiry

EghtesadOnline: Iran will meet its weaponry needs after the United Nations arms embargo expires later this month and no country can prevent Tehran from exercising its right under the UN resolution, a senior diplomat said.
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Publish Date: 06/October/2020 | 20:25

MPs Visit Nagorno-Karabakh Border

EghtesadOnline: A group of Iranian lawmakers paid a visit to the country’s border areas near the Nagorno-Karabakh region, where fighting has broken out between Armenia and the Republic of Azerbaijan since last week.
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Publish Date: 06/October/2020 | 20:24

Iran H1 Auto Output Rises 10%

EghtesadOnline: Iran’s automotive output increased by more than 10% during the first half of the current Iranian year (March 20-Sept. 21) compared with the year-ago period.
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Publish Date: 06/October/2020 | 20:13