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Struggling Insures Seek Gov’t Help

EghtesadOnline: Iranian Insurers’ Syndicate has asked the Ministry of Economy for financial aid to the industry burdened by the impact of the coronavirus spread.
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Publish Date: 28/April/2020 | 05:31

Restrictions on Rice Cultivation Lifted Amid High Rainfall

EghtesadOnline: The Agriculture Ministry has temporarily lifted restrictions on rice cultivation in the country after it had announced plans to gradually limit and ultimately ban the production of this staple crop in all provinces, except the provinces of Gilan and Mazandaran, amid fears of drought.
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Publish Date: 27/April/2020 | 13:13

Gov’t to Launch Divestiture Scheme May 3

EghtesadOnline: The Ministry of Economy announced a timeframe to launch the first phase of a divestiture scheme based on which government will sell its stakes in state-affiliated companies.
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Publish Date: 27/April/2020 | 13:01

Export Restrictions Lead to Drop in Domestic Date Prices

EghtesadOnline: A total of 1.22 million tons of dates were produced in the last Iranian year that ended on March 19, 2020, of which 200,000-220,000 tons have been stored for supply during the holy month of Ramadan (started April 25), secretary of the National Association of Iranian Dates said.
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Publish Date: 27/April/2020 | 24:55

In Iran's Fiscal 2019-20: Stocks Defy Forex and Gold

EghtesadOnline: A review of the performance of financial markets in the 2019-20 fiscal shows investment in the currency and gold market yielded the lowest returns, and the stock market delivered the highest profits.
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Publish Date: 27/April/2020 | 24:46

Iran's Steel Exports Increase 22% to 10 Million Tons

EghtesadOnline: Atotal of 10.36 million tons of finished and semi-finished steel products were exported from Iran in the last Iranian year that ended on March 19, 2020, to register a 22.21% year-on-year increase, according to the Iranian Steel Producers Association's latest report.
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Publish Date: 27/April/2020 | 08:03

Italy Ready to Help Address JCPOA Issues

EghtesadOnline: Italy's prime minister said Rome is ready to cooperate in addressing issues facing the 2015 nuclear deal using the platform of international organizations.
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Publish Date: 22/April/2020 | 24:04

Iraq to Study Using Kurdish Gas for Power Generation

EghtesadOnline: Iraq plans to study using Kurdish natural gas for power generation, the country's oil minister said on Sunday, allowing OPEC's second-largest oil producer to plug the gas deficit and power shortage.
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Publish Date: 21/April/2020 | 11:57

Non-Oil Exports From Bushehr at $8.5b Last Year

EghtesadOnline: A total of 24.75 million tons of goods, including gas condensates, worth $8.5 billion were exported from the southern Bushehr Province in the last Iranian year that ended on March 19, 2020.
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Publish Date: 21/April/2020 | 11:55

Survey: Coronavirus Reduces Income of Over 50% of Iranians

EghtesadOnline: The outbreak of coronavirus has lowered the income of more than half of the Iranians, the latest opinion poll conducted by the Iranian Students Polling Agency nationwide between April 12 and 15 reveals.
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Publish Date: 21/April/2020 | 11:48

With Over 17 Million Tons, MSC Tops Steel Production

EghtesadOnline: With 17.22 million tons of output, Mobarakeh Steel Company had the largest share of steel production in Iran in the last fiscal year that ended on March 19, 2020.
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Publish Date: 21/April/2020 | 11:44

Time for IMF to Act Now

EghtesadOnline: Iran’s central bank governor has again called on the International Monetary Fund to resist US pressure and approve its application for financing to help bridge a 10 billion-euro ($10.9 billion) deficit as the country’s sanctions-hit economy struggles to cope with the coronavirus pandemic.
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Publish Date: 21/April/2020 | 11:42

Tehran Low-Risk Shops Reopen

EghtesadOnline: Low-risk businesses affiliated to Tehran Guild Chamber on Saturday resumed activities as per the Smart Distancing Initiative to tackle the COVID-19 outbreak while minimizing its economic fallout.
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Publish Date: 20/April/2020 | 13:56

SMEs Exports at €55m in 10 Months

EghtesadOnline: Small- and medium-sized enterprises exported €55 million worth of commodities during the first 10 months of the last Iranian year (March 21, 2019, to Jan. 20), according to a report by the Ministry of Industries, Mining and Trade, Shata reported.
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Publish Date: 20/April/2020 | 13:53