Category: Economy and markets
Iran’s exports value to Iraq exceed $6.1bn in 8 months_thumbnail

Seyyed Hamid Hosseini broke the news in an interview with Fars News Agency on Saturday and stated, “Statistics indicate that Iran has exported $750 million worth of non-oil goods to neighboring Iraq on a monthly basis on average.” Turning to the latest situation of Iran’s exports to Iraq, Hosseini said that the global trade was severely […]

Iran’s trade with EAEU records 73% growth in 8 months: IRICA_thumbnail

Seyyed Rouhollah Latifi Spokesman for IRICA said on Tuesday that Iran’s trade exchanged with EAEU’s member states from March 21 to Nov. 22 registered a 42 and 73% growth in weight and value, respectively as compared to the last year’s corresponding period. According to IRICA’s statistics, 8,566,018 tons of goods valued at $3,626,262,452, were exchanged between […]

Iran’s economy records 3.3% growth in first half year_thumbnail

According to the Central Bank of Iran, economic growth in the first six months of the current year1400 (March 21, Sep 22, 2021) in the Iranian calendar was recorded at 3.3%. The CBI data showed that the service sector grew by 5.7% while the industry witnessed a decline of 1.9%. The CBI report also indicated that the oil […]

Iran exports $533m worth of Pistachio in 7 months_thumbnail

Darab Hasani, Director-General of Cold Weather and  Dry Crops Department of the Ministry of Jihad-e-Agriculture or Iran or the agriculture ministry, in short, said Monday that pistachio is cultivated in over 500,000 hectares of lands in Iran and an average of 300,000 tons of the crops are produced annually in the country. Hasani stated that exports […]

Iran’s exports to ECO member states hit $10.5bn in 8 months_thumbnail

TEHRAN, Dec. 20 (MNA) – Spokesman for Islamic Republic of Iran Customs Administration (IRICA) put Iran’s export of products to Economic Cooperation Organization (ECO) member states at $10.5 billion in eight months of current Iranian calendar year. Seyyed Rouhollah Latifi said that 21,778,387 tons of goods, valued at $10,447,084,435, were exchanged between Iran and other […]

Tehran serious about removing sanctions in short time_thumbnail

“As the Head of the Russian delegation at the #ViennaTalks who closely communicated with the delegation of #Iran, I have no doubts that #Tehran is very serious about reaching an agreement on restoration of #JCPOA and sanctions lifting within a short period of time”,  Russia’s Permanent Representative to the Vienna-based international organizations  Mikhail Ulyanov said, referring to the […]

Iran currently able to exchange electricity with 6neighbors_thumbnail

TEHRAN – Iranian Energy Minister Ali-Akbar Mehrabian has said the country is currently able to exchange electricity with Afghanistan, Iraq, Azerbaijan, Turkmenistan, Armenia, and Turkey, IRNA reported. As reported, developing energy diplomacy and exchange of electricity with the neighboring countries has been among the top priorities of the energy minister and in this regard, Mehrabian […]

Steps needed to take in the crop year_thumbnail

TEHRAN – Like the past years farmers are preparing to cultivate water-intensive crops that are mostly fed by ground waters. This is mostly noticeable in lands used to grow rice and onion. It has been proven over the last three decades that farmers mostly don’t care about the gradual depletion of underground waters. They are […]

Car manufacturing rises 4.7% in 8 months yr/yr_thumbnail

TEHRAN – Car manufacturing in Iran has risen 4.7 percent during the first eight months of the current Iranian calendar year (March 21-November 21), as compared to the same period of time in the past year. According to the data released by the Industry, Mining, and Trade Ministry, Iranian carmakers manufactured 651,408 vehicles in the […]

Date export up 14 percent in 7 months on year_thumbnail

TEHRAN- Iran exported 137,000 tons of dates in the first seven months of the current Iranian calendar year (March 21-October 22), which was 14 percent more than the exported amount in the same period of time in the past year, an official with Trade Promotion Organization (TPO) announced. Mahmoud Bazari, director-general of TPO’s Coordination Office […]

TEDPIX jumps over 11,340 points on Wednesday_thumbnail

TEHRAN – TEDPIX, the main index of the Tehran Stock Exchange (TSE), jumped 11,349 points to 1.349 million on Wednesday. As IRNA reported, over 4.8 billion securities worth 33.462 trillion rials (about $796.7 million) were traded at the TSE. The first market’s index rose 11,856 points, and the second market’s index gained 11,722 points. Back […]

Relief Foundation, Basij to build 5,000 houses for the deprived_thumbnail

TEHRAN – The Imam Khomeini Relief Foundation and the Basij will provide 5,000 houses for the underprivileged families across the country, Mehr reported on Monday. A memorandum of understanding has been signed with the Basij and Housing Foundation regarding the construction of 5,000 out of a total 40,000 planned housing units, Morteza Bakhtiari, Head of […]

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