Category: 4. Business
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5% Share of Knowledge-Based Products in National Exports – Iran News Daily
TEHRAN – The head of Iran’s Trade Development Organization announced that in 2023, knowledge-based companies accounted for 2.6% of the total export weight and 5% of the export value. 5% Share of Knowledge-Based Products in National… Continue Reading
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Iran increases daily oil output by 15 mn liters
Deputy Head of NIORDC Mohammadali Dadvar stated that the average daily production of oil in the first five months of the current Iranian year (started March 20, 2024) was approximately 111 million liters, which has now risen to over 125 million… Continue Reading
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Gas Overconsumption in Iran: 3.3 Times the Global Average; Saving 50 Million Cubic Meters Possible – Iran News Daily
Gas Overconsumption in Iran: 3.3 Times the Global Average; Saving 50 Million Cubic Meters Possible TEHRAN (Iran News) Speaking before Tehran’s Friday prayers, Saeed Tavakoli extended greetings on the occasions of Yalda Night, the birth… Continue Reading
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Iran-Egypt Trade Sees 67% Growth – Iran News Daily
Iran-Egypt Trade Sees 67% Growth TEHRAN (Iran News) Seyed Rouhollah Latifi stated on Friday, coinciding with the Iranian President’s visit to Egypt for the D-8 summit, that trade relations between the two countries have experienced many ups… Continue Reading
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Iran’s inflation rate hits 4-year low: CBI
CBI figures covered in a Wednesday report by the IRIB News showed that Iran’s annual inflation rate had dropped to 37.3% in the calendar month to November 20. The CBI said the figure was the lowest reported in four years, according to Press… Continue Reading
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Commodities worth over $8b exported from Bushehr province in 8 months
TEHRAN – As announced by a provincial official, non-oil goods valued at $8.185 billion were exported from Bushehr province, in the southwest of Iran, during the first eight months of the current Iranian calendar year (March 20 – November… Continue Reading
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‘Stock market gains on lower interest rates, deregulation’
TEHRAN – Iran’s stock market has seen positive momentum in the past month, driven by lower interest rates, the removal of price controls, and supportive measures from the Ministry of Economy and the Securities and Exchange Organization (SEO),… Continue Reading
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Iran’s finance minister meets D-8 secretary-general to discuss trade, investment
TEHRAN – Iran’s Minister of Finance and Economic Affairs Abdolnaser Hemmati met with Secretary-general of the D-8 Organization for Economic Cooperation Isiaka Abdulqadir Imam on Thursday to discuss boosting trade and investment among the eight… Continue Reading
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China ready to invest in combined-cycle power plants in Iran’s Khuzestan
TEHRAN – Chinese investors are prepared to fund the construction of combined-cycle power plants in Iran’s energy-rich Khuzestan province to help address the country’s energy imbalance and boost regional economic development, a Shanghai… Continue Reading
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Pezeshkian urges expanding economic ties with Islamic nations
President Pezeshkian made the remarks in a meeting with Prime Minister of Pakistan Muhammad Shehbaz Sharif in the Egyptian capital, Cairo on the sidelines of the 11th summit of the leaders of the D-8 Organization for Economic Cooperation.