Head of Iran’s Planning and Budget Organization (PBO) says the government is seeking to double the value of non-oil exports to the neighboring countries in the next Iranian calendar year (March 2020-March 2021), Press TV reported.
News ID: 7681 Publish Date : 2019/11/27
Nearly a year after National Iranian Oil Company (NIOC), for the first time, decided to offer crude oil and gas condensate at Iran Energy Exchange (IRENEX) as a new strategy to relief the pressures of the U.S. sanction, unfortunately no more than two million barrels have been sold.
News ID: 7680 Publish Date : 2019/11/27
Iranian Industry, Mining and Trade Minister Reza Rahmani said that relying on domestic production will save $10 billion for the country in the next two years, IRIB reported.
News ID: 7677 Publish Date : 2019/11/28
Iran’s oil sale will account for just seven percent of the country’s income in the next Iranian calendar year (begins on March 20, 2020), according to Head of Iran's Plan and Budget Organization (PBO) Mohammad Bagher Nobakht.
News ID: 7676 Publish Date : 2019/11/28
Iranian Energy Minister Reza Ardakanian said Russia, which has already provided Iran with $2.2 billion of facilities, is going to give another $2.8 billion to fulfill a late-2015 agreement for a $5-billion loan.
News ID: 7673 Publish Date : 2019/11/28
Iran and Nigeria have agreed upon establishing a joint economic committee aiming to boost cooperation in various areas like trade, investment, agriculture, and technology transfer, Nigerian PM News reported.
News ID: 7664 Publish Date : 2019/12/01
During weekdays ended on November 28, while 867,603 tons of commodities worth over $857 million were traded at Iran Mercantile Exchange (IME), the trading volume and value experienced a growth of 38 percent and 25 percent, respectively.
News ID: 7661 Publish Date : 2019/12/01
Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied over €1.258 billion for imports of goods and services during the past Iranian calendar month of Aban (October 23-November 21), IRNA reported.
News ID: 7659 Publish Date : 2019/12/02
Atotal of 2,800 inactive industrial units have been revived since the beginning of the last Iranian year (March 2018) to date, according to Deputy Minister of Industries, Mining and Trade Mohsen Salehinia.
News ID: 7647 Publish Date : 2019/11/30
Iranian Vice President for Economic Affairs Mohammad Nahavandian, in a meeting with Nigerian President Muhammadu Buhari, highlighted that the two sides can increase economic relations in areas of petrochemicals, energy, agriculture and industry, adding that Tehran is willing to help Abuja with investment and technology transfer.
News ID: 7635 Publish Date : 2019/11/30
Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that his country is after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale.
News ID: 7566 Publish Date : 2019/11/26
Commercial Attaché of Iran in Iraq Nasser Behzad announced that non-oil trade transactions between the two countries is rising, adding that Tehran and Baghdad have traded $6 billion worth of non-oil goods in the past 7 months.
News ID: 7564 Publish Date : 2019/11/26
Mexico's economy contracted for three consecutive quarters following a downwards revision of figures, national statistics agency INEGI said today.
News ID: 7550 Publish Date : 2019/11/25
Eighty-five percent of Iran's tax revenues come from only 3% of taxpayers, according to the head of Majlis Economic Commission, Eliyas Hazrati.
News ID: 7539 Publish Date : 2019/11/24
Iranian Vice-President for Science and Technology Sorena Sattari censured the country’s dependence on oil revenues, and urged for more technology-oriented economic activities.
News ID: 7533 Publish Date : 2019/11/24
Governor of the Central Bank of Iran (CBI) Abdul Nasser Hemmati underlined government's full control over the foreign exchange market, and expressed hope that reduction of inflation rate would continue in the next few months.
News ID: 7498 Publish Date : 2019/11/21
The 6th International Exhibition of Exchange, Banking, Insurance and Privatization (Kish Invex 2019) opened in the Southern Iranian Persian Gulf Island of Kish.
News ID: 7493 Publish Date : 2019/11/19
A total of 1,726 industrial units, out of the 10,380 inactive ones in Iran, were revived in the last Iranian year (March 2018-19), while 529 were revived during the first half of the current Iranian year (March 21-Sept. 22).
News ID: 7391 Publish Date : 2019/11/10
Atotal of 158.45 million square meters of tiles were produced in Iran during the first five months of the current Iranian year (March 21- Aug. 22) to register an increase of 4.4% compared with last year’s corresponding period.
News ID: 7363 Publish Date : 2019/11/10
On Nov. 6 Panjiva Research took part in an Outlook briefing event in Washington DC alongside our colleagues from S&P Ratings’ Economics team. The event was off the record – this report summarizes the main questions asked and the answers provided as well as the results from two polling questions asked at the event and related data-points from Panjiva.
News ID: 7328 Publish Date : 2019/11/08