Category: 4. Business
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Exports from Iran’s Zanjan Up 26% in One Month: Director General – Economy news
In this period, about 12,500 tons of goods, valued at $31 million, were exported from the customs office of this province, showing a 26% hike in value and a 14% decline in weight compared to last year’s corresponding period, said Zeinolabedin… Continue Reading News Source: tn.ai
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Iran dep. FM Safari pays visit to Riyadh
Mehdi Safari has traveled to Riyadh to participate in the World Economic Forum Special Meeting with the theme of “Global Collaboration, Growth and Energy for Development”. The heads of state and economic policymakers of different countries… Continue Reading News Source: en.mehrnews.com
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Iran oil output up 500k bpd y/y: IMF
According to the new data, the oil sector of Iran’s economy recorded a noteworthy growth of 15% in 2023. Over the three years of President Ebrahim Raisi’s tenure, this sector experienced a double-digit growth; therefore, the oil sector saw… Continue Reading News Source: en.mehrnews.com
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Iran’s Export of Agricultural Products Surpasses $6.2 Billion: Official – Economy news
The deputy director for planning and economic affairs at Iran’s Ministry of Agriculture said effective planning led to the export of more than $2 billion of agricultural products from the country last year. According to the Islamic Republic… Continue Reading News Source: tn.ai
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Iran Launches SWIFT-Like System, Do Business with 10 States Using Local Currencies – Economy news
Iran has currently established direct financial interactions with 10 countries through their national currencies, Mehdi Zeyghami stated. Speaking on the sidelines of the inaugural ceremony of the 6th Export Potentials Exhibition of the Islamic… Continue Reading News Source: tn.ai
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Iran’s Electricity Exchange Capacity with Neighbors to Increase to 5,000MW – Economy news
Iran does not have a common border with Europe but it is possible to exchange electricity with Europe up to 600 megawatts through an advanced back-to-back substation, Mostafa Rajabi Mashhadi stated. He revealed the possibility of exporting… Continue Reading News Source: tn.ai
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Expanding ties with African countries Iran’s strategy: Veep
Mohammad Mokhber made the remarks in a meeting with Constantino Chiwenga, the Zimbabwean vice president in Tehran on Saturday, who has traveled to Tehran to participate at the 2nd Iran-Africa trade summit. “The economic and political… Continue Reading News Source: en.mehrnews.com
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Over 125,000 Tons of Kiwi, Citrus Fruits Exported from Iran’s Mazandaran – Economy news
In this period, more than 76,000 tons of orange and over 25,000 tons of tangerine were exported from Mazandaran province, Head of Agricultural Organization of Mazandaran province Babak Mo’meni stated. He went on to say that more than 101,000… Continue Reading News Source: tn.ai
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‘Overcapacity’ in China or fear of China’s rise?
Recently, U.S. politicians and media have sensationalized the concept of “overcapacity” in China, particularly focusing on the expansion of Chinese manufacturing in new sectors like electric vehicles (EVs), lithium-ion batteries, and solar… Continue Reading News Source: www.tehrantimes.com
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Iran’s chief banker leaves Tehran for Riyadh
TEHRAN – The Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin, has traveled to Saudi Arabia with the aim of developing monetary and banking relations. According to the CBI Office of Public Relations, Farzin is also scheduled to… Continue Reading News Source: www.tehrantimes.com