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Iran economy grew by 6.2% in first quarter: CBI
EconomyTehran, IRNA - The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).
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Iran, Serbia seek free trade deal to boost ties
EconomySenior Iranian and Serbian foreign ministry officials have underlined the need for Tehran and Belgrade to reach a free trade agreement which they believed would expedite trade between the two nations.
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Iran’s five-month seafood exports up 32% YOY
EconomyIran’s seafood exports has witnessed a 32% year-on-year growth both in terms of value and tonnage in the five months to August 22, according to a senior official with Iran Fisheries Organization.
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Discover the Best Rebar Price with Esfahanahan.com Steel Expert
EconomyAre you looking for the best rebar price in Iran? Do you want to buy high-quality steel products from a reliable and reputable company? If yes, then you should visit Esfahanahan.com, the steel expert.
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Iran’s oil output up 5% to 3 mln bpd in August: OPEC data
EconomyIran continued to increase its oil production in August to reach a milestone figure of 3 million barrels per day (bpd), according to figures by the OPEC.
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Iran regains position as third-largest OPEC producer
EconomyIran has produced as much as 3 million barrels per day (bpd) of crude oil in August to regain its position as the third-largest crude oil producer among OPEC member countries, according to the latest OPEC data.
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Iran launching 400 new CNG stations to cut its gasoline bill
EconomyIran is launching hundreds of new filling stations to supply compressed natural gas (CNG) to motorists amid efforts to control the rising consumption of gasoline in the country.
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Iran's Mehran customs resumes trade activities
EconomyDirector-General of Customs Administration of the western province of Ilam announces that Mehran customs trading activity has been resumed following a short hiatus due to the Arbaeen trek.
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Iran stresses intl., regional coop. to tackle dust storms
EconomyThe Iranian foreign minister on Sunday stressed the need for international and regional cooperation to tackle the challenge of dust and sand storms.
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Iran’s oil exports to China hit historic record in August
EconomyIran’s exports of oil to China hit an all-time record in August despite continued US pressure on the country, according to a report published in the local media citing data from a major international energy data company.
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Iran to remove dollar from tourism ties with regional states
EconomyThe Governor of the Central Bank of Iran (CBI) announced that the dollar will be removed from tourism exchanges with the countries of the region.
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Russia’s largest bank launches new services in Iran
EconomyRussia’s largest lender, SBERBANK, is presenting a new service that allows its clients to transfer money to the Islamic Republic of Iran, the bank announced on Thursday.
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Iran's South Pars development extraordinary amid sanctions: Official
EconomyThe development of phase 11 of the South Pars gas field is exceptional because the relocation of a platform at Phase 11 of the project helps Iran save nearly $800 million, an Iranian official said.
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2.5 Million tonnes of Commodities Changed Hands on IME
EconomyWithin the week ending on August 25, 2023, the IME witnessed trade of 2,575,073 tonnes of commodities with a total trading value of more than 576 million USD on its physical market.
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Exports via Iran's Kordestan prov. grow 13% in five months
EconomyObserver of Kordestan Customs has said that more than 700,000 tons of goods worth $347 million were exported via Iran’s western Kordestan province in the first five months of the current Iranian year (March 21-August 22).
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Iran imports over 4.1 tons of gold ingots in five months
EconomyIran’s five-month imports of gold ingots have surpassed 4.1 tons, according to the latest Iranian customs figures.
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OPEC output ups amid increased Iranian supplies
EconomyA survey by Reuters shows that the Organization of the Petroleum Exporting Countries (OPEC) oil output rose in August as Iranian supply rose to its highest since 2018.
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First transit train from Russia to Saudi Arabia arrives in Iran's southern port
EconomyBandar Abbas, IRNA – The first transit train carrying goods from Russia has arrived in Bandar Abbas, Iran, en route to Saudi Arabia.
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Iran's non-oil exports reach $19.3b
EconomyIran has exported 55.9 million tons of goods worth 19.3 billion dollars in the first five months of the current Iranian year (March 21, 2023 to August 22, 2023), according to a recent report by the Islamic Republic of Iran Customs Administration (IRICA).
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Iran's Parvizkhan border trade nearly $2bn in March-August
EconomyManaging Director of Iran’s Parvizkhan border crossing says that the total foreign trade in the last five months of the Iranian calendar year (March 21-August 22) accounts for about $2 billion.
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Iran's domestic wheat purchases exceed 10m mt in Mar-Aug
EconomyIran's Deputy Minister of Agriculture Jihad (MAJ) Saeed Raad has said that the guaranteed wheat purchase from domestic farmers in Iran has exceeded 10 million metric tons (mt) during the first five months of the Iranian calendar year (March 21 to August 22, 2023).
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Iranian animations to vie at Bulgarian festival
EconomyTwo Iranian short animated pieces, namely ‘Being Ten’ and ‘The Lovely Sky’ have been made into the World Festival of Animated Film Varna 2023 in Bulgaria.
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Iran, Armenia extend gas-electricity swap deal until 2023
EconomyIran and Armenia signed an agreement to extend the term of the existing contract under which Tehran exports natural gas to Yerevan in exchange for electricity until 2030.
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Iran begins gas production at Phase 11 of South Pars: NIOC chief
EconomyIran has begun gas production at Phase 11 of South Pars, the world’s largest gas field, according to the CEO of the National Iranian Oil Company (NIOC).
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Iran strongly condemns ISIL attack in Syria's Deir Ez-Zor
EconomyIranian Foreign Ministry Spokesperson strongly condemned the ISIL terrorist attack in Syria's Deir Ez-Zor.
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All Iranian money blocked in South Korea freed: CBI chief
EconomyGovernor of the Central Bank of Iran (CBI) said Saturday that all Iranian money frozen in South Korea was released and will be transferred to accounts of Iranian banks in Qatar soon.
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Best Photography Apps for Android and iOS: Elevate Your Mobile Photography Skills
EconomyIn recent years, photography has become more accessible to everyone, thanks to the advancements in smartphone technology.
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Iran daily oil output to rise to 3.5mn by summer end: NIOC
EconomyIran's crude production will rise to 3.5 million barrels per day (bpd) by September 22, 2023, the managing director of the National Iranian Oil Company (NIOC) said Wednesday.
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Pakistan to increase electricity imports from Iran
EconomyPakistan’s government has announced that it will enhance imports of electricity from Iran to expand mutual cooperation in the energy sector.
