Economy

Private sector to help govt. build 1 million affordable houses

TEHRAN – Mass construction companies of the private sector are going to sign deals with the government with the aim of building one million affordable houses within the framework of the National Housing Action Plan.
Bank loans to economic sectors increase nearly 65%

TEHRAN – The Iranian banking system has paid 12.41 quadrillion rials (over $295 billion) in loans to domestic economic sectors in the first seven months of the current Iranian calendar year (March 21-October 22), registering a 64.8-percent rise from the same period in the previous year, IRNA reported.
Passenger car production up 1.4% in 7 months yr/yr

TEHRAN – Manufacturing of passenger cars in Iran rose 1.4 percent during the first seven months of the current Iranian calendar year (March 21-October 22), compared to the same period of time in the past year.

TEDPIX drops 5,337 points on Saturday

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 5,337 points to 1.334 million on Saturday (the first day of Iranian calendar week).
Export from Markazi province rises 67%

TEHRAN – The value of exports from the central province of Markazi rose 67 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.
Iron ore concentrate output hits 30m tons

TEHRAN- Production of iron ore concentrate in Iran stood at 29.950 million tons in the first seven months of the current Iranian calendar year (March 21-October 22), a four-percent rise year on year.
Bank loans to economic sectors increase nearly 65%

TEHRAN – The Iranian banking system has paid 12.41 quadrillion rials (over $295 billion) in loans to domestic economic sectors in the first seven months of the current Iranian calendar year (March 21-October 22), registering a 64.8-percent rise from the same period in the previous year, IRNA reported.
Private sector to help govt. build 1 million affordable houses

TEHRAN – Mass construction companies of the private sector are going to sign deals with the government with the aim of building one million affordable houses within the framework of the National Housing Action Plan.
Passenger car production up 1.4% in 7 months yr/yr

TEHRAN – Manufacturing of passenger cars in Iran rose 1.4 percent during the first seven months of the current Iranian calendar year (March 21-October 22), compared to the same period of time in the past year.
U.S. extends Iraq's waiver to import gas, electricity from Iran

TEHRAN - The Biden administration has once again waived sanctions on Iran to allow the Islamic Republic to export electricity to Iraq for another 120 days, the Washington Free Beacon reported on Friday.
Commodities worth over $2b exported from Maku free zone in H1

TEHRAN- As announced by the managing director of Maku Free Trade Zone Organization, commodities valued at $2.030 billion were exported from the Maku FTZ, in Iran’s northwestern province of West Azarbaijan, during the first half of the current Iranian calendar year (March 21-September 22).
Over 700,000 tons of copper concentrate produced in 7 months

TEHRAN- Iran produced 712,685 tons of copper concentrate in the first seven months of the current Iranian calendar year (March 21-October 22), which was one percent more than the output in the same period of time in the past year.
Iran allocates budget to promote exports to Syria

TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) has said the country has allocated a special budget of $50 million to support the Iranian export companies active in the Syrian market, IRNA reported on Thursday.