Economy Archives | صفحه 79 از 142
OPEC Challenges
Angola announced on Thursday that it is leaving OPEC. The country is the latest member of OPEC which decides to quit the organization.
Technological needs of petchem sector must be met by domestic firms: NPC head
Head of Iran’s National Petrochemical Company (NPC) Morteza Shahmirzaei has stressed the need for using the capacities of domestic companies to meet the technological needs of the petrochemical industry to cut dependence on foreign sources, Shana reported.
Monthly red meat production stands at 37,000 tons
Production of red meat in Iran stood at 37,147 tons in the eighth month of the current Iranian calendar year (October 23-November 21), showing a 30 percent fall compared to the same month in the past year, the Statistical Center of Iran (SCI) reported.
Iranian economy continues to expand despite sanctions: WB
The World Bank in a recent report on Iran’s economy dubbed “Iran Economic Monitor” said the Islamic Republic’s economy has been expanding despite the sanctions and global economic conditions. According to the WB report, Iran’s economy continued to grow moderately for the third consecutive year in the previous Iranian calendar year (March 2022-March 2023) and it is expected to continue this upward trend albeit at a slower pace.
Commodities worth $104m exported from North Khorasan in 8 months
As announced by a provincial official, 349,000 tons of non-oil goods worth $104 million were exported from North Khorasan province, in the northeast of Iran, during the first eight months of the current Iranian calendar year (March 21-November 21).
Iran’s crude steel output rises 7.6% in November: WSA
Iran’s steel production reached at 3.0 million tons in November, registering a 7.6 percent increase compared to the previous month, according to the latest report released by the World Steel Association (WSA).
Iran-Oman trade targeted to be $5b
Iranian Industry, Mining and Trade Minister Abbas Ali-Abadi said the value of trade between Iran and Oman is targeted to become $5 billion.
Transit of goods via Kermanshah province up 69% in 8 months on year
ransit of commodities through Kermanshah province, in the west of Iran, rose 69 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, a provincial official announced.
Commodities worth $284m exported from Zanjan province in 8 months
As announced by a provincial official, about 166,000 tons of non-oil goods worth about $284 million were exported from Zanjan province during the first eight months of the current Iranian calendar year (March 21-November 21).
MPs approve general outlines of national budget bill
The Iranian parliament approved the general outlines of the national budget bill for the next Iranian calendar year 1403, which starts on March 20, 2024, IRNA reported.