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Yesterday 12:57
Iran exports £200m goods, services to UK in 2023
TEHRAN - The UK Department of Trade and Industry said the country’s import of goods and services from Iran in 2023 exceeded £200 million, showing a 15.5 percent growth compared to a year earlier.
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Yesterday 12:57
Tehran to host Iran-Turkey Joint Economic Commission soon
TEHRAN - Iran’s Minister of Transport and Urban Development Mehrdad Bazrpash said the meeting of the Iran-Turkey Joint Economic Committee will be held in Tehran in the coming weeks.
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Yesterday 12:57
Iran, Iraq extend gas deal for another 5 years
TEHRAN - The head of the National Iranian Gas Company (NIGC) said the gas contract between Iran and Iraq, which would finish on June 20, 2024, has been extended for another five years, Mehr News Agency reported.
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2024-05-08 13:30
Petrochemical output rises 15m tons in 2 years
TEHRAN - Iran’s petrochemical output has increased by 15 million tons over the past two years, since the current government took office, according to an official familiar with the matter.
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2024-05-08 13:30
KSC exports 1.4m tons of products in a year
TEHRAN – Iran’s Khuzestan Steel Company (KSC) exported over 1.4 million tons of products to more than 10 different countries in the previous Iranian calendar year (ended on March 19), an official with the company announced.
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2024-05-08 13:30
'Uzbekistan eager to expand all-out cooperation with Iran'
TEHRAN - President of Uzbekistan Shavkat Mirziyoyev has said his country is eager to boost all-out cooperation with Iran, especially in trade, energy, mining, and health sectors.
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2024-05-07 14:53
1st shipment of imported hybrid vehicles arrives on Iran’s Qeshm Island
TEHRAN - The first shipment of imported hybrid cars has arrived on Iran’s Qeshm Island, the director of the customs office of Qeshm Free Zone Organization (QFZO) said.
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2024-05-07 14:53
Iran, Azerbaijan to inaugurate major water project soon
TEHRAN - Iran and Azerbaijan are expected to inaugurate a major water project within the coming days, according to a local official in the bordering province of East Azarbaijan.
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2024-05-07 14:52
Iran calls for removing obstacles to trade ties with Iraq
TEHRAN – Iran’s Economy Minister Ehsan Khandouzi has called for continued joint efforts with Iraq to remove obstacles to the promotion of trade ties between the two countries, IRNA reported.
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2024-05-06 14:47
Iran exports $345m of fresh dates to over 82 countries in a year
TEHRAN - Iran exported high-quality dates to 82 countries in the previous Iranian calendar year (ended March 19, 2024), according to the spokesman of the trade promotion and international relations commission of Iran’s House of Industry, Mine and Trade.
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2024-05-06 14:46
Exporting technical, engineering services important for economic growth: official
TEHRAN - Iran has good capacities for exporting technical and engineering services overseas, which is important in realizing an eight percent growth of Iran’s economy, an official said.
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2024-05-06 14:46
Money base growth rate falls to 28%: CBI data
TEHRAN - The Central Bank of Iran (CBI) has announced that the growth rates of monetary base and money supply declined significantly in the previous Iranian calendar year (ended on March 19), IRNA reported.
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2024-05-05 14:27
Steel production grows by 16% in Q1 2024
TEHRAN - The World Steel Association (WSA) announced in its latest report that steel production in Iran during the first quarter of 2024 has registered a 16.3 percent growth compared to the same period last year.
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2024-05-05 14:27
Iran-India trade up 5% in Jan-Feb y/y
TEHRAN - Trade between Iran and India increased by five percent in the first two months of 2024 compared to the same period last year, with the total trade reaching $377 million, according to the Ministry of Commerce and Industry of India.
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2024-05-05 14:27
We are not happy to see sanctions against Iran, says OPEC secretary general
TEHRAN - OPEC Secretary General, Haitham Al Ghais, has said that sanctions against Iran distort the normal flow of oil in the global market.
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2024-05-04 13:03
Iran ranks 9th among world's thermal power producers: TPPH
TEHRAN – The head of Iran’s Thermal Power Plant Holding (TPPH) has said the country is the world’s ninth-biggest producer of thermal electricity, IRIB reported.
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2024-05-04 13:03
IOOC oil, gas condensate output rises 21%
TEHRAN - Iranian Offshore Oil Company (IOOC) has increased offshore oil and gas condensate production by 21 percent over the last Iranian calendar year, 1402 (ended on March 19), an official with the company announced.
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2024-05-04 13:02
Iran-EU trade rises 30% in February
TEHRAN - The value of trade between Iran and the European Union (EU)’s member states reached €847 million in February, registering a 30 percent growth year on year, according to the data released by the European Union's statistics office Eurostat.
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2024-05-01 14:45
Iran, Qatar urge expanding economic, investment ties
TEHRAN - Iran's Minister of Industry, Mining, and Trade Abbas Aliabadi, and Assistant Undersecretary for Commerce Affairs at the Ministry of Commerce and Industry of Qatar Saleh bin Majed Al-Khulaifi have stressed broadening economic and investment ties between the two countries.
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2024-05-01 14:44
Iran, Uzbekistan discuss ways to broaden economic ties
TEHRAN - The Ambassador of the Islamic Republic of Iran in Uzbekistan met with the Minister of Investment, Industry, and Trade of Uzbekistan to discuss expanding economic, trade, and industrial ties.
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2024-05-01 14:44
3 MOUs in agricultural sector inked at Iran Expo 2024
TEHRAN - On the first day of the 6th Export Potential Exhibition of the Islamic Republic of Iran dubbed “Iran Expo 2024”, three memorandums of understanding (MOUs) were signed between Iran’s Fars province and Mongolia and Russia.
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2024-04-30 14:51
Abu Dhabi hosting Iran-UAE Economic Commission
TEHRAN – After a 10-year hiatus, the 3rd Iran-UAE Joint Economic Commission kicked off in Abu Dhabi on Tuesday, IRIB reported.
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2024-04-30 14:50
NIOC inks $6.4b of MOUs with domestic firms to boost gas output
TEHRAN – the National Iranian Oil Company (NIOC) has signed memorandums of understanding (MOUs) worth $6.4 billion with local companies to increase the country’s natural gas output by 127 million cubic meters.
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2024-04-30 14:50
Iran calls for expansion of trade, agricultural ties with Sri Lanka
TEHRAN - Iranian Agriculture Minister Mohammad-Ali Nikbakht has stressed the need to further expand cooperation with Sri Lanka in trade and agriculture.
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2024-04-29 13:47
Annual exports from steel industry hit $7.8 billion
TEHRAN – The value of exports from Iran’s steel sector reached $7.8 billion in the previous Iranian calendar year (ended on March 19), an official with the Iranian Steel Producers Association (ISPA) said.
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2024-04-29 13:46
Over 125,000 tons of kiwi, citrus fruits exported from Mazandaran
TEHRAN - An official at the agricultural organization of Mazandaran province said that 125,700 tons of the kiwi and citrus fruits have been exported from this northern province of Iran since the current Iranian calendar year started (March 20, 2024).
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2024-04-29 13:46
Iran launches SWIFT-like system to trade using local currencies
TEHRAN - The head of Iran’s Trade Promotion Organization (TPO) said the country has established a SWIFT-like financial system to do business with several countries in national currencies.
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2024-04-28 14:41
Iran, Saudi Arabia discuss expansion of economic ties
TEHRAN - Iran's Consul General in Jeddah Hassan Zarnegar has met with the president of the Chamber of Commerce of Mecca, Saleh Abdullah Kamel, with the two sides calling for increased trade and economic cooperation between Iran and Saudi Arabia.
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2024-04-28 14:41
Iran, Cuba agree to establish sister ports to facilitate trade
TEHRAN - Iran and Cuba have agreed to establish a twinning relationship between two major ports in each countries to facilitate shipping and trade.
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2024-04-28 14:40
Iran exports $500 million of textiles in one year
TEHRAN - About $500 million of textile products were exported from Iran in the previous Iranian calendar year (March 21, 2023 to March 19, 2024).