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Iran's Agrifood Exports Exceed $890 Million in 2 Months

EghtesadOnline: Iran exported 1.67 million tons of agricultural and food products worth over $890 million during the first two months of the current fiscal year (March 20-May 20), the Agriculture Ministry reported.
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Publish Date: 30/June/2020 | 08:33

Iran's Q1 Non-Oil Trade at $13.9b

EghtesadOnline: Iran’s non-oil trade stood at $13.98 billion during the first three months of the current fiscal year (March 20-June 20), of which exports accounted for $6.36 billion and imports for $7.62 billion, Mehdi Mirashrafi, the head of the Islamic Republic of Iran Customs Administration, says.
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Publish Date: 30/June/2020 | 08:29

2,500 Commercial Cards Suspended

EghtesadOnline: Iran’s Trade Promotion Organization suspended 2,500 commercial ID cards after their owners failed to heed government warnings regarding the return of overseas export currency earnings, head of the TPO said.
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Publish Date: 30/June/2020 | 08:26

Daily Virus Deaths Rise to Record High

EghtesadOnline: Iran registered a record high in daily fatalities from the Covid-19 pandemic on Monday, as the country began to feel the inevitable consequences of large-scale reopenings.
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Publish Date: 30/June/2020 | 08:22

Iran's CB Looking at Euro CDs

EghtesadOnline: The Central Bank of Iran said it is planning to launch euro-denominated certificate of deposit to reduce the volume of rials held by the public and downsize the money supply, the bank’s governor said.
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Publish Date: 29/June/2020 | 24:19

Cattle Farming Sector Bemoans Massive Surplus

EghtesadOnline: Excessive production of livestock over the past few months, combined with significant decline in red meat consumption due to the coronavirus pandemic, have led to a massive surplus in the cattle farming sector, says the head of Iran’s Livestock Exporters National Assembly.
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Publish Date: 29/June/2020 | 10:31

Facemasks to Become Mandatory in Public

EghtesadOnline: Iranians will be required to wear facemasks in public starting next week, as daily fatalities from the coronavirus pandemic have risen to a three-month high on Sunday.
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Publish Date: 29/June/2020 | 10:18

Majority of Jobholders Lack Health, Retirement Benefits

EghtesadOnline: Sixty percent of jobs in Iran lack health and retirement benefits, which are also not entitled to government support offered to businesses during the coronavirus crisis.
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Publish Date: 28/June/2020 | 08:58

Iran's Iron Ore Exports in Steady Decline

EghtesadOnline: Iran has been reducing the export of iron ore in the past few years in line with plans to curb the export of unprocessed minerals and encourage the mining industry to create added value, Deputy Minister of Industries, Mining and Trade Dariush Esmaeili said.
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Publish Date: 28/June/2020 | 08:28

IKCO Launches 175 Projects for Auto Parts Localization

EghtesadOnline: In line with efforts to deepen the localization of auto parts production, 175 projects have been launched by Iran’s major carmaker Iran Khodro (IKCO), the company’s CEO said.
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Publish Date: 28/June/2020 | 08:26

80% of Iran’s Commercial Border Checkpoints Reopen

EghtesadOnline: Almost all Iranian land borders were closed after the outbreak of coronavirus, but about 80% of which have now opened after more than four months of shutdown, according to the caretaker of the Ministry of Industries, Mining and Trade.
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Publish Date: 28/June/2020 | 08:19

SCI Surveys Latest Consumer Price Changes in Provinces

EghtesadOnline: The growth in overall Consumer Price Index in the third month of the current Iranian year (May 21-June 20) was the highest (5.5%) in Kurdestan province compared with the month before.
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Publish Date: 27/June/2020 | 13:18

Average Efficiency of Power Plants Increases Over 38%

EghtesadOnline: The average efficiency of thermal power plants reached 38.58% last year (ended in March), which was 0.48% more than the year before, managing director of Iran's Thermal Power Plants Holding Company said.
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Publish Date: 27/June/2020 | 10:21

Value of Bad Checks Up, Volume Down

EghtesadOnline: Central Bank of Iran monthly report shows bad checks declined in number in the calendar month to May 20 but their value increased.
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Publish Date: 27/June/2020 | 10:10

Rial Settles 5.6% Up

EghtesadOnline: Iran’s national currency pared more of earlier losses on Thursday, gaining 5.6% against the dollar in two days after tanking to all-time lows on Tuesday.
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Publish Date: 27/June/2020 | 10:06

Iran's Steel Production Increases by 11% to 11.4 Million Tons

EghtesadOnline: Iranian steel mills produced a total of 11.44 million tons of crude steel during January-May, which indicate an 11.1% rise compared with the corresponding period of 2019, the latest report released by the World Steel Association shows.
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Publish Date: 25/June/2020 | 20:53

Exporters’ Default Put Over $27 Billion

EghtesadOnline: Iranian export companies have refrained from returning $27.5 billion of their overseas revenues over the past two years, says an official with the Central Bank of Iran.
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Publish Date: 24/June/2020 | 24:10

Iran Steel Exports Halve to 661,000 Tons in Two Months

EghtesadOnline: More than 661,000 tons of finished and semi-finished steel products were exported from Iran during the first two months of the current Iranian year (March 20-May 20) to register a 49.23% drop compared with the similar period of the year before, according to the Iranian Steel Producers Association's latest report.
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Publish Date: 24/June/2020 | 24:04

Iran Covid-19 Tally: 210,000 Infections, 10,000 Deaths

EghtesadOnline: Coronavirus cases in Iran and its related fatalities neared 210,000 and 10,000 respectively on Tuesday, as government officials urged residents to avoid complacency.
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Publish Date: 24/June/2020 | 24:02