Capital market realizes over $161b of financing in a year
Iranian Minister of Finance and Economic Affairs Farhad Dejpasand has said the capital market realized 6.8 quadrillion rials (over $161.9 billion) of financing in the previous Iranian calendar year (ended on March 20).
NISOC ’s oil desalination plant in southern Iran to go operational
The director of engineering and construction at the National Iranian South Oil Company (NISOC) announced that the company’s crude oil desalination plant has reached progress of more than 90 percent and is expected to go operational in the current Iranian calendar year (ends on March 20, 2022).
Transit of goods via Iran’s land borders rises 95%
Transit of goods via Iran’s land borders has risen 95 percent during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, the head of Islamic Republic of Iran Customs Administration (IRICA) announced.
Iranian Co. Thrown Out of One-Billion-Dollar Project in Afghanistan
Secretary of Association of Iranian Exporters of Technical and Engineering Services claims an Iranian company has been thrown out of a one-billion-dollar project in Afghanistan due to Saudi Arabia’s pressure.
China, the Major Destination for Iran’s Exports
Head of the Islamic Republic of Iran Customs Administration (IRICA) says China is the most important destination for Iran’s exports, adding that the transit of goods from Iran’s land borders has grown by 95 percent.
Housing price in Tehran city rises over 43%
Housing prices in Iran’s capital Tehran increased 43.7 percent in the fourth month of the current Iranian calendar year (June 22-July 22), from the same month in the previous year, a report by the Central Bank of Iran (CBI) showed.
Car manufacturing rises 11% in 4 months on year
Car manufacturing by Iran’s major carmakers rose 11.2 percent during the first four months of the current Iranian calendar year (March 21- July 22), as compared to the same period of time in the past year, the data released by Codal website showed.
Iran’s non-oil trade rises 47% in 4 months yr/yr
The value of Iran’s non-oil trade rose 47 percent during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, the head of Islamic Republic of Iran Customs Administration (IRICA) announced.
Rouhani Inaugurates Urban Development Plans
Inauguration ceremony of domestic projects of Ministry of Roads and Urban Development is held in the presence of Iran's outgoing President Hassan Rouhani.
825km to be added to railway network by next March
Iranian deputy transport minister said 825 kilometers of railroads are going to be constructed across the country by the end of the current Iranian calendar year (March 20, 2022).