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Parsian Bank, EGFI Agree to Finance Non-Oil Export

EghtesadOnline: The Export Guarantee Fund of Iran, the state-owned export credit agency, and Parsian Bank signed an agreement Sunday to jointly finance and guarantee loans to exports of non-oil goods.
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Publish Date: 05/October/2020 | 24:37

Desalination Still in Its Infancy

EghtesadOnline: Desalinated water accounts for a meager 0.1% of the total annual water consumption in Iran while in some neighboring countries like Saudi Arabia it is 70%.
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Publish Date: 04/October/2020 | 13:07

Food Inflation Rates Surveyed

EghtesadOnline: The Statistical Center of Iran has released a new report, reviewing the price changes in 53 food items during the month ending Sept. 21–the sixth month of the current Iranian year.
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Publish Date: 04/October/2020 | 24:45

Iran’s H1 Foreign Trade Tops $30b

EghtesadOnline: Iran’s non-oil foreign trade stood at 62.84 million tons worth $30.34 billion during the first half of the current fiscal year (March 20-Sept. 21), indicating a 28% decline in value compared with the corresponding period of last year.
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Publish Date: 04/October/2020 | 24:39

Iran-Turkey Flights Called Off Yet Again

EghtesadOnline: All flights between Iran and Turkey will be called off as of Oct. 4, based on a decision by Turkish civil aviation authority, Maqsoud Asadi-Samani, secretary of the Association of Iranian Airlines, said on Friday.
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Publish Date: 04/October/2020 | 24:38

Major PSPs Lose Market Share

EghtesadOnline: Data released by the payment network authority, Shaparak, indicate decline in the market share of leading payment companies in the fifth Iranian month (July 22- August 21).
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Publish Date: 03/October/2020 | 24:32

Russia: Snapback No Longer on UNSC Agenda

EghtesadOnline: Russian representative to the United Nations said the issue of reviving global sanctions against Iran, which have been lifted under the 2015 nuclear deal, will not be discussed at the UN Security Council any more.
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Publish Date: 03/October/2020 | 24:30

Hydropower Output at 14,500 GWh

EghtesadOnline: Power production from hydropower plants reached 14,500 gigawatt hours between March 20 and September 14, director of Iran Hydroelectric Power Management Center Farbod Estiri said.
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Publish Date: 03/October/2020 | 24:25

H1 Foreign Investments Hit $3.8b

EghtesadOnline: Iran attracted $3.8 billion of foreign investments during the first half of the current fiscal year (March 20-Sept. 21) for the projects approved by the Organization for Investment, Economic and Technical Assistance of Iran.
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Publish Date: 03/October/2020 | 24:14

Unprecedented Growth in Population of New Towns

EghtesadOnline: Housing inflation in Iranian metropolises has resulted in an unprecedented rate of suburbanization over the past couple of years.
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Publish Date: 03/October/2020 | 24:08

Construction Material Exports at $620 Million in Fiscal 2019-20

EghtesadOnline: A total of $620 million worth of construction materials were exported from Iran during the last fiscal year (March 2019-20), according to the director general of Trade Promotion Organization of Iran's Arab and African Countries Division.
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Publish Date: 03/October/2020 | 24:06

CBI Says Tamed Monetary Base Growth

EghtesadOnline: The Central Bank of Iran says its efforts have delivered in curbing growth of the monetary base during the first six months of current fiscal year (March 20-Sep 21).
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Publish Date: 03/October/2020 | 11:58

Annual Crude, Petroleum Product Transfer Reaches 128 Billion Liters

EghtesadOnline: An estimated 350 million liters of oil and oil byproducts were supplied daily via pipelines in 2019, indicating a 65% rise over the last 40 years, managing director of the Iranian Oil Pipeline and Telecommunications Company said.
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Publish Date: 01/October/2020 | 15:47

Rise in Hendijan Oil Field Production

EghtesadOnline: The wellhead Platform 7 of Hendijan Oil Field in the Persian Gulf was installed late on Monday, managing director of Iranian Offshore Oil Company, operator of the field, said.
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Publish Date: 01/October/2020 | 15:43

Stone, Gypsum, Sand and Gravel Exports at $1.3b in 5 Months

EghtesadOnline: A total of 2.46 million tons of stones, gypsum, sand and gravel worth $1.3 billion were exported from Iran in the first five months of the current Iranian year (March 20-Aug. 21).
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Publish Date: 01/October/2020 | 15:30

Auto Parts Localization Prevents Capital Flight Worth Over €130m

EghtesadOnline: Major Iranian carmaker Iran Khodro Company (IKCO) has curbed capital flight to the tune of €137 million through the localization of 54 auto parts in the first six months of the current Iranian year (March 20- Sept. 21), a senior company official said.
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Publish Date: 01/October/2020 | 15:20

21 Iranian Ports Handle Over 58 Million Tons of Goods in H1

EghtesadOnline: Iran’s 21 major commercial ports handled 58.44 million tons of commodities during the first half of the current Iranian year (March 20-Sept. 21) to register a 25.4% decline compared with the similar period of last year.
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Publish Date: 01/October/2020 | 15:13

Europe Failed to Support Iran’s IMF Loan Request

EghtesadOnline: President Hassan Rouhani told Germany’s new ambassador on Tuesday said that Iran expected the three European Union countries signatory to the landmark nuclear deal to support its loan request from the International Monetary Fund.
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Publish Date: 01/October/2020 | 15:10