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Iran's Auto Output Down 14.6%

EghtesadOnline: Iran’s automotive output declined by 14.6% during the month ending May 20 compared to a year earlier.
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Publish Date: 31/May/2020 | 05:53

75% Decline in Iran's Trade With Turkey

EghtesadOnline: Iran’s trade with Turkey totaled $719.53 million during January-April 2020 to register a decrease of about 75% compared with the corresponding months of 2019, data released by Turkish Statistical Institute show.
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Publish Date: 31/May/2020 | 05:46

SCI Predicts $24m Price Tag for Next Traditional Census

EghtesadOnline: A traditional Population and Housing Census in 2021-22, held with numerous enumerators collecting field data would cost an estimated 4,200 billion rials ($24.27 million), whereas the register-based approach could significantly reduce the cost of census, Javad Hosseinzadeh, the head of the Statistical Center of Iran, said.
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Publish Date: 31/May/2020 | 05:43

Covid-19 Inflicts Losses on Iran's Biggest Pension Fund

EghtesdOnline: The Social Security Organization, Iran's biggest pension fund, was hit particularly hard by the coronavirus pandemic because on the one hand, a majority of its members work in virus-hit industrial enterprises, services and guilds, and on the other hand, it has to reimburse hospitals and healthcare providers for treatment costs, a deputy cooperatives, labor and social welfare minister said.
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Publish Date: 31/May/2020 | 05:32

Rains Fill Up Most Dams

EghtesadOnline: Higher precipitation in recent weeks has filled 70% of the capacity of dams in Iran, the Energy Minister said.
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Publish Date: 30/May/2020 | 24:15

Iran's Housing PMI at Record Low

EghtesadOnline: The Purchasing Managers' Index for Iran's housing sector fell to its lowest level in the month ending April 19 since the release of PMI reports began in the fiscal month ending Oct. 22, 2019.
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Publish Date: 30/May/2020 | 24:13

With $2.2b, MSC Sees Highest Sales Volume

EghtesadOnline: Mobarakeh Steel Company sold 391.44 trillion rials ($2.23 billion) worth of steel in the last fiscal year that ended on March 19, 2020, marking the highest among all Iranian steelmakers, according to Iran Steel Producers Association.
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Publish Date: 30/May/2020 | 24:11

Iran's Daily Covid-19 Cases Soar

EghtesadOnline: Iran’s daily confirmed coronavirus cases climbed by 2,819 on Friday, the highest single-day rise since April 2.
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Publish Date: 30/May/2020 | 06:40

Iran's Agrifood Exports Earn Over $330m in 1 Month

EghtesadOnline: Iran exported 679,510 tons of agricultural and food products worth about $336 million during the month to April 19 to register a 25.85% rise in tonnage and a 9.13% decline in value compared with last year’s corresponding period, the Agriculture Ministry reported.
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Publish Date: 30/May/2020 | 06:11

Iran Real Estate Perceived as Safe Haven for Investment

EghtesadOnline: The coronavirus has stoked concerns about losing one’s savings as more people entered the housing market in the month ending May 20 to register an 809.9% rise in home deals compared with the preceding month.
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Publish Date: 30/May/2020 | 06:09

Central Bank of Iran: First Bond Auction June 2

EghtesadOnline: The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks to place buy orders for the Murabeha bonds on the interbank trading platform.
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Publish Date: 30/May/2020 | 06:07

Central Bank of Iran Sets 22% Inflation Target

EghtesadOnline: The Central Bank of Iran says based on “realistic assumptions and scenarios” it will set the inflation target at 22% during the current fiscal year that ends in March 2021.
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Publish Date: 27/May/2020 | 05:45

DRI Output Rises to 2.5m Tons

EghtesadOnline: A total of 2.54 million tons of direct reduced iron were produced in Iran during the first month of the current fiscal year (March 20-April 19), 3% more compared with last year’s similar month.
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Publish Date: 20/May/2020 | 07:05

Iran's Copper Ore Extraction Capacity Tops 32 Million Tons

EghtesadOnline: Iran has the capacity to extract 32.5 million tons of copper ores per year, making it the world's eighth biggest country in this respect, says Ardeshir Sa'd-Mohammadi, managing director of the National Iranian Copper Industries Company.
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Publish Date: 20/May/2020 | 06:56

Esteghlal, Perspolis Privatization at Final Step

EghtesadOnline: The long-delayed plan to privatize Esteghlal and Perspolis, Iran's two top football clubs, seems to be in the final stages. Stocks of the two clubs are to be offered on the Iran Fara Bourse soon after the process of registration and recapitalization of the clubs.
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Publish Date: 20/May/2020 | 06:41

Iron Ore Concentrate Output at 3.8m Tons in 1 Month

EghtesadOnline: A total of 3.8 million tons of iron ore concentrates were produced in Iran during the month to April 19 to register a 5% decline compared with the corresponding month of the year before.
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Publish Date: 19/May/2020 | 10:20