Economy Archives | صفحه ۹ از ۱۲۴
Iron pellet production by major companies rises 7%
Iran’s major mining companies increased iron pellet production by approximately seven percent in the first 10 months of the current year (March 2024 – January 2025), according to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO)
Iran’s non-oil export to Russia increases 17%
The value of Iran’s non-oil export to Russia increased by 17 percent during the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), as compared to the same period of time in the past year, the spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade announced
Over 545m tons of cargo transported across Iran in 11 months
Mehrdad Hamdollahi, director of the Road Transport and Cargo Office at Iran’s Transport and Urban Development Ministry, announced that over 545 million tons of cargo were transported via the country’s road network in the first 11 months of the current year (March 2024 – February 2025)
Banking system issues $127.5 billion in loans over 11 months
Iran’s banking network issued 63.74 quadrillion rials ($127.5 billion) in loans over the first 11 months of the current Iranian year (March 2024- February 2025), marking a 29.8 percent increase compared to the same period last year
Iran raises crude oil prices for Asian buyers in March
Iran has increased the price of its light crude for Asian customers for the second consecutive month, setting it at approximately $4.5 per barrel above the Oman/Dubai benchmark, the National Iranian Oil Company (NIOC) announced
Iran’s non-oil export to Oman increases 14%
The value of Iran’s non-oil export to Oman increased by 14 percent during the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), as compared to the same period of time in the past year, the spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade announced
Iran’s free trade agreement with EAEU approved
Iran’s Guardian Council has approved the bill on the free trade agreement (FTA) between the Islamic Republic of Iran and the Eurasian Economic Union (EAEU) and its member states
Iran private sector eyes increased exports to Iraq
Two local Iranian chambers of commerce have signed a cooperation document aimed to boost the country’s exports to neighboring Iraq, especially to the southern province of Basrah
Iran to keep current subsidized exchange rate in next year’s budget
Iran will keep its current subsidized exchange rate for imports of basic goods in the next calendar year’s budget, according to the country’s chief banker and amid efforts to control food and medicine prices
‘Iranian goods competitive in Russian market’
Russian Consul General in Iran Andrei Zhiltsov said Iranian products offer competitive pricing, quality, and variety, making them strong contenders against Chinese and Turkish goods in the Russian market