EghtesadOnline: The volume of natural gas consumed by 67 petrochemical companies in Iran is negligible compared to the industry’s revenue-generating potential.
EghtesadOnline: Weekly per capita milk consumption among Iranians ages 15 and above stood at 2.98 glasses in the year ending March 20, 2021, findings of the Statistical Center of Iran’s survey show.
EghtesadOnline: In line with Iran’s move toward sustainable energy, solar power can assist its adoption of technological innovation and help generate employment.
EghtesadOnline: After a one-and-a-half-year hiatus in trade, Iran has exported $39,000 worth of commodities to its southern neighbor Saudi Arabia since President Ebrahim Raeisi’s first term began in August, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
EghtesadOnline: After two lukewarm performances, demand for shares outweighed supply in the Tehran stock market on Tuesday, thanks to auto, banks and majority of small caps.
EghtesadOnline: New rules governing bank loans passed by the Majlis this week, legally ban lenders from charging compound interest and is designed to help boost the business environment, lawmakers say.
EghtesadOnline: The government is expected to run a budget deficit of 2,800 trillion rials ($10.2 billion) by the end of the current fiscal year (March 2021-22), forecasts Majlis Research Center, the research arm of the Iranian Parliament.
EghtesadOnline: The Ministry of Industry has required steel manufacturing companies to sell their products only via the Iran Mercantile Exchange.
EghtesadOnline: The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold two specialized courses on commercial skills and branding in November.
EghtesadOnline: Non-oil exports from Gilan Province reached 502,032 tons worth $314.93 million in the current fiscal year’s first six months (March 21-Sept. 22), registering a 12% and 20% growth in weight and value respectively year-on-year, says Farhad Dalq-Poush, the head of Gilan Industries, Mining and Trade Organization.