Economy Archives | صفحه 105 از 142
Oil rises on fears of heightened tensions in Middle East
Oil prices rose to their highest in more than a year on Monday after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Houthi group, raising fears of fresh Middle East tensions. Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally after prices […]
Chabahar port development raises capacity to handle 8.5m tons goods a year: Official
Chabahar, Feb 14, IRNA – Development of Chabahar Port in southeastern Iran raised capacity to load and unload more than 8.5 million tons of goods a year, a local official said on Sunday. Hossien Shahdadi, an official with Sistan-Baluchestan Province Department of Ports and Maritime Organization, said that with more than $1.3 billion of investment, […]
Iran exports $335 million mineral products to Turkey over past 11 months
Tehran, Feb 14, IRNA – Iran exported $335 million worth mineral products to Turkey over the past 11 months. Based on the data released by the Customs Administration, in the mentioned period ( 11 months of 2020) , more than 132 million dollars of copper and its artifacts were exported to Turkey, which showed a 15 % decline in comparison to the corresponding period in 2019 . Accordingly, foreign trade statistics in the 9 month period indicates exports of 80,000 tons of refined copper cathodes and cathode parts with the […]
Iran’s Qeshm Island can be export hub of petrochemical products: official
Tehran, Feb 6, IRNA – Managing Director of Iran’s National Petrochemical Company Behzad Mohammadi said on Saturday that Qeshm Island has an exceptional position to turn into hub of construction, development, production, and export of a variety of petrochemical products. Mohammadi made the remarks in a press conference in Tehran on Saturday. He said that the coasts […]
Iran OPEC’s Biggest Gasoline Producer: Official
TEHRAN (Tasnim) – A deputy oil minister said Iran needs to reduce the domestic gasoline consumption by switching to vehicles fueled by compressed natural gas (CNG) in order to maintain its place as the largest producer of gasoline in the Organization of the Petroleum Exporting Countries (OPEC) In an interview with Tasnim, Deputy Oil Minister […]
Iran’s Parliament Rejects Budget Bill
TEHRAN (Tasnim) – Iranian lawmakers on Tuesday rejected the administration’s proposed budget bill for the next fiscal year, as President Hassan Rouhani has warned of “serious harms” to economy with changes to the basics of the budget In a parliamentary session on Tuesday, the Iranian lawmakers dismissed the generalities of the proposed budget bill with […]
1400 MW added to thermal power plants capacity
TEHRAN, Feb. 02 (MNA) – Since the beginning of the current Persian Calendar year (March 2020), 1,445 megawatts have been added to the capacity of thermal power plants in Iran, the director of planning at the Thermal Power Plants Holding Company said “Currently there are 129 thermal power plants operating in the country, which include […]
Six percent increase in Iran’s petrochemical products: Official
2 Tehran, Feb 1, IRNA – Petrochemical products are at satisfactory level making six percent growth over the past 10 months from March to December 2020 and January 2021, Petrochemical industry official, Jalal Mirhashemi said on Monday. Evaluating function of petrochemical complexes in current Iranian year as positive, Mirhashemi said that in spite of different […]
President: Government supports the poor
Tehran, Jan 31, IRNA – President Hassan Rouhani said on Sunday that Government of the Islamic Republic of Iran supports the oppressed and poor people. President Rouhani made the remarks at an inauguration ceremony on several industrial and power projects in west and northeastern Iran. The ceremony was held through a video conference from Tehran. […]
Iran’s export vol. of agri. products up 22% in nine months
TEHRAN, Jan. 30 (MNA) – Iran exported 6.1 million tons of agricultural products in the first nine months of the current Iranian calendar year (from March 21 to Dec. 20), showing a 22 and 20 percent growth in terms of volume and value respectively. Despite spread of the novel coronavirus, COVID-19, in the country, Islamic […]