Economy Archives | صفحه ۱۰۴ از ۱۲۴
SMEs export value of products hit $1.5bn in seven months: official
۲ TEHRAN, Nov. 25 (MNA) – Deputy Managing Director of Iran Small Industries and Industrial Parks Organization (ISIPO) Asghar Masaheb said that Small- and Medium-Sized Enterprises (SMEs) exported $1.5 billion worth of products in the first seven months of the current year (from March 21 to Oct. 22). He made the remarks on Monday as […]
Deputy agriculture min. calls for promoting export markets
۲ TEHRAN, Nov. 25 (MNA) – The Deputy Ministry of Agriculture Hossein Shirzad pointed to the unprecedented growth in production of agricultural produce in recent years and called for expanding economic diplomacy of agricultural sector especially in joint regional markets. He made the remarks on Mon. in his meeting with the director general of the […]
Gasoline consumption boosts after rationing scheme
۲ TEHRAN, Nov. 25 (MNA) – Traffic Police Chief General Kamal Hadianfar informed on Monday that following the implementation of rationing gasoline, domestic gasoline consumption has increased. “Consumption in the past two days has increased from 94 million liters to 105 million liters,” the Iranian General said. This is while, according to the reports, consumption of […]
Iran’s Non-Oil Foreign Trade Falls 8% to $49.5 Billion
EghtesadOnline: Iran’s non-oil foreign trade (except for crude oil, mazut, kerosene and exports via suitcase) during the first seven months of the current Iranian year (March 21-Oct. 22) stood at $49.57 billion, indicating an 8.37% decline compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration reported. Overall, Iran’s exports stood at […]
Banks Shutter 438 Branches in 7 Months
EghtesadOnline: Data from the Central Bank of Iran shows lenders are working to cut extra and unwanted branches over the past two quarters. Banks and credit institutions shuttered 438 branches since the beginning of the current fiscal year (March 20) up until the seventh calendar month on October 22. The number of bank branches was […]
53bn barrels of in-place oil at newly-discovered Namavaran Oilfield
Zanganeh: ۲ TEHRAN, Nov. 11 (MNA) – Iranian Oil Bijan Namdar Zanganeh said the newly-discovered oilfield in Khuzesan, named Namavaran, has an estimated 53 billion barrels of in-place oil. Addressing reporters on Monday, the minister said the new discovery had added 22 billion barrels of crude oil to previous estimates of the field, which stood […]
Iran signs MOU with Russia, Kyrgyzstan for transient imports of wheat
۲ TEHRAN, Nov. 10 (MNA) – Iran has signed a short-term MOU with Russia and Kyrgyzstan for imports of wheat, Iranian Deputy Agriculture minister announced on Sunday. “The MOU has been penned for transient imports, transit, and swap of wheat,” Ali Akbar Mehrfard said. “Wheat swap is expected to be done but the details have not been […]
National currency regains 21% of its value: CBI gov.
۲ TEHRAN, Nov. 04 (MNA) – Governor of Central bank of Iran says the national Iranian currency, rial, has regained its value by 21 percent against the US dollar over the past year. In an Instagram post, Abdolnasser Hemmati noted that “today, on Aban 13, 1398 (Nov. 4, 2019), one year has passed since the beginning of […]
Production growth of 26 main mineral & industrial products in H1
۲ TEHRAN, Nov. 03 (MNA) – Deputy Ministry of Industry for Planning Affairs Saeed Zarandi said that 26 mineral and industrial products registered significant growth in the first six months of the current year (March 21 – Sept. 22). He said that production of important mineral and industrial products is improving in the country. He […]
Iran Energy Exchange Is a Stopgap Solution
۲ EghtesadOnline: Oil has always been a function of the international market, so setting up local energy markets cannot help the National Iranian Oil Company sell crude on a long-term basis, a veteran financial expert said. “The Energy Bourse should have been established 20 years ago to deliver now. Financial instruments like the Iran Energy […]