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Iran eyeing new destinations for oil shipments: NIOC
TEHRAN – The managing director of the National Iranian Oil Company (NIOC) has said Iran is looking into potential new destinations for the country’s oil cargoes to diversify the list of oil buyers, IRNA reported.
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Annual bank loans paid to knowledge-based firms up over 108%
TEHRAN – Iranian banking system paid 669.4 trillion rials (about $2.585 billion) of facilities to 1,362 knowledge-based companies in the past Iranian calendar year 1400 (ended on March 20), to register a 108.2 percent rise compared to the preceding year 1399.
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Commodities worth over $2b traded at IME in a month
TEHRAN- During the past Iranian calendar month Ordibehesht (ended on May 21), the second month of Iranian calendar year, 7.939 million tons of commodities worth more than 665 trillion rials (about $2.519 billion) were traded at Iran Mercantile Exchange (IME).
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Armenia calls for finalizing Iran-EAEU free trade agreement
TEHRAN - Armenian Prime minister Nikol Pashinyan has said Yerevan welcomes the finalization of a free trade agreement between Iran and the Eurasian Economic Union (EAEU), IRNA reported.
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TEDPIX falls 11,000 points on Saturday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE)و dropped 11,110 points to 1.553 million on Saturday.
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Electricity consumption falls over 3 GW as govt. management programs pay off
TEHRAN - Daily electricity consumption in Iran stood at 45,333 megawatts (45.333 gigawatts) on Friday, indicating a decrease of 3,573 MW compared to the figure for the same date in the previous year, IRNA reported.
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Golestan Province exports agro products to 25 countries
TEHRAN - Agricultural products of Golestan Province, northern Iran, are exported to 25 countries because of the fact that the products are organic, a member of the Iranian parliament said.
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Iran targets $1b of annual fishery exports for 2025
TEHRAN – The head of Iran Fisheries Organization (IFO) Hossein Hosseini has said the country is aiming to increase the exports of fishery products to one billion dollars by the Iranian calendar year 1404 (begins on March 21, 2025), IRIB reported.
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Annual exports of ceramics, glassware products reach $1.6b
TEHRAN – The chairman of Iran Ceramic Society (ICS) has said the country exported over $1.6 billion worth of ceramics and glassware products in the previous Iranian calendar year (ended on March 20), IRIB reported.
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Iran ranks 19th among world’s top automakers: OICA
TEHRAN – Iran has been ranked the world’s 19th biggest automaker in 2021, according to the latest report released by the International Organization of Motor Vehicle Manufacturers (OICA).
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Domestic production of railway equipment saves Iran €5m a year
TEHRAN – The head of the Industrial Development and Renovation Organization of Iran (IDRO) has said domestic production of wagons and locomotive axels saves the country five million euros a year, IRNA reported.
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Iran ranks 43rd among world’s top importers of food products
TEHRAN - Despite being the 17th most populous country in the world, Iran is ranked 43rd in the world in terms of food imports, the latest data released by the United Nations Food and Agriculture Organization (FAO) shows.
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Annual bank loans paid to knowledge-based firms up over 108%
TEHRAN – Iranian banking system paid 669.4 trillion rials (about $2.585 billion) of facilities to 1,362 knowledge-based companies in the past Iranian calendar year 1400 (ended on March 20), to register a 108.2 percent rise compared to the preceding year 1399.