EghtesadOnline: The United Nations forecasts Iran's economy to shrink by 2.7% and 1.2% in 2020 and 2021 respectively.
EghtesadOnline: The head of Central Insurance company of Iran, the regulator of the insurance industry, says insurers’ earnings from selling insurance policy will reach a record of 600 trillion rials ($5.3 billion) by the end of the current calendar year in March 2020.
EghtesadOnline: Iran’s crude steel output is expected to hit 28 million tons by the end of the current Iranian year (March 19, 2020), 13.2 million tons of which have been realized so far, says Deputy Industries Minister Jafar Sarqeini.
EghtesadOnline: Iran is estimated to produce 14.5 million tons of wheat during the fiscal 2018-19 (US local marketing year), to indicate a 3.57% rise compared with the year before, the United States Department of Agriculture's latest report shows.
EghtesadOnline: Global natural gas demand will rise by almost 50% over the next 23 years and Iran will be among the major suppliers alongside Russia and the United States.
EghtesadOnline: Forecasting the future of the oil market is crucial, especially for countries where oil export is the lifeblood of the economy and budgets are constructed, deconstructed and reconstructed depending on crude price and production.