Tehran housing market records an 85% annual growth
The housing market in Tehran was the second-highest returning market in Iran among the country’s four major markets in the previous Iranian calendar year (ended on March 20) with 85 percent annual growth, ISNA reported.
Annual policy package for return of export revenues ratified
Iran’s Supreme Council for Economic Coordination has ratified a package of provisions to clarify the regulations and procedures regarding the re-injection of non-oil export revenues earned during the Iranian calendar years of 1397-1400 (March 2018-March 2022) into the country’s economy, an official with the Trade Promotion Organization (TPO) announced.
Industry Ministry’s indigenization plan realized by 110%
Head of the Domestic Production Center of Iran’s Ministry of Industry, Mining and Trade said the program for indigenizing the knowledge for the production of major industrial equipment has been realized by 110 percent in the previous Iranian calendar year (ended on March 20).
President Inaugurates Major petrochemical Projects
President Hassan Rouhani on Thursday ordered the official startup of 3 major petrochemical projects via videoconference.
Chinese, Russian Companies Ready to Finance Projects in Iran
Deputy Head of Commission on Industries and Mines of Majlis says Chinese and Russian companies have announced their readiness for financing projects in Iran, reiterating that those companies which left the country after the U.S. sanctions will not be allowed to easily enter Iran’s market.
Iranian heavy crude oil price rises 6% in March: OPEC
Iranian heavy oil price increased $3.64 in March to register a six-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Tuesday.
Hadi: Over 3,600 industrial projects with over 80% progress underway in Iran
There are 3,639 semi-finished industrial projects with over 80 percent physical progress across Iran, Director General of Planning and Financing Office of the Ministry of Industry, Mining, and Trade Alireza Hadi announced.
TEDPIX falls 1,300 points on Wednesday
TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 1,320 points to 1.243 million on Wednesday.
Annual iron ore concentrate output touches 50m tons
Production of iron ore concentrate in Iran during the previous Iranian calendar year 1399 (ended on March 20) reached 49.714 million tons, registering a five-percent rise compared to the preceding year.
Commodities worth over $3b exported from East Azarbaijan
As announced by a provincial official, commodities worth over $3 billion were exported from East Azarbaijan province in the northeast of Iran during the past Iranian calendar year (ended on March 20).