EghtesadOnline: Iran has to prepare for a 30% decline in its export value in the current Iranian year (March 2010-21) compared with last year, due to the impacts of the spread of coronavirus on domestic and foreign trade, a member of Iran Chamber of Commerce, Industries, Mines and Agriculture’s board of directors said. “Under the […]
TEHRAN, May 15 (MNA) – The old and new generation of Palestinians will always remember May 14, 1948, which they refer to as Nakba Day (Day of Misery). Many Palestinians have old keys in their boxes which shows a historical depth and identity. They believe that one day they will return and that the next […]
EghtesadOnline: Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture has called on the government to revise stringent rules guiding repatriation of overseas earnings by non-oil exporters. Pointing to exporters’ difficulties in repatriating earnings as required by rules of the Central Bank of Iran, Gholamhossein Shafiei warned that “sticking to past methods will […]
TEHRAN (Tasnim) – As many as 6,000 children around the world could die every day from preventable causes over the next six months due to the impact of coronavirus on routine health services, the UN has warned. Global disruption of essential maternal and child health interventions – such as family planning, birth and postnatal care, […]
EghtesadOnline: There are 4.15 million tons of essential goods at Iranian ports, of which Imam Khomeini Port accounts for more than 3 million tons, according to the managing director of Ports and Maritime Organization. “Corn makes up the lion’s share of these goods with about 2.4 million tons. Wheat, barley, soybeans, rice, sugar, vegetable oils […]
EghtesadOnline: The government will launch one of its biggest schemes to divest banks’ non-financial assets in the coming week, a deputy minister of economy said. The divestiture is related to non-financial assets of state-owned Bank Sepah, according to Abbas Memarnejad, the deputy economy minister for banking, insurance, and state-owned companies’ affairs. Bank Sepah plans to […]
TEHRAN (Tasnim) – China announced on Tuesday a new list of 79 US products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s finance ministry said in a statement the new waivers will take effect on […]
TEHRAN, May 12 (MNA) – In a statement titled as “Reality Check of US Allegations Against China on COVID-19”, Chinses ministry of foreign affairs responded to allegations of the US politicians and media outlets allegations seeking to shift the blame to China for their inadequate response to COVID-19. “Recently, some US politicians and media outlets […]
EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy nosedived to its lowest level in the first month of the current fiscal year (March 20-April 19) in another sign that the coronavirus pandemic is causing serious economic damage to the country. The announcement was made by the Statistics and […]
EghtesadOnline: Iran’s non-oil commercial exchanges with Persian Gulf Arab states, including Iraq, the UAE, Oman, Qatar, Kuwait, Syria, Lebanon, Jordan and Saudi Arabia, hit $21.5 billion in the last Iranian year that ended on March 19, 2020. According to Director General of Trade Promotion Organization of Iran’s Arabic-African Affairs Office Farzad Piltan, Iran exported $12.5 […]