Iran spent $600 mln on Apple phone imports
Figures provided by Iranian officials and corroborated by a local news agency show a fifth of all funds spent by the country on mobile phone imports in the year to March went to luxury devices made by the American company Apple Inc.
Annual production of textile, clothing and leather products doubles
Production of textile, clothing, and leather products in Iran doubled in the previous Iranian calendar year (ended on March 20), a board member of the Iranian Tanners Association announced.
Development of Parliamentarism in Uzbekistan: Results of the First Term of Office of the President of Uzbekistan Sh. M. Mirziyoyev
Four years ago, the Action Strategy in the five priority areas of development of the Republic of Uzbekistan in 2017-2021 (the Action Strategy) was adopted. Today there is no doubt about its constructability, as evidenced by the results of the reforms successfully carried out under the leadership of President Shavkat Mirziyoyev.
How govt. can really support stock market?
Unprecedented fluctuations in the Iranian stock market over the past few months have led shareholders, experts, and scholars to call for the government to increase its support for the market, some shareholders want the government to guarantee the return of their stocks, some believe providing infrastructure is the best way to help this market.
61% surge in aluminum output for fiscal year to March
Iran’s aluminum production in the year to March rose 61% from the prior year to nearly half a million tons, according to a report by the country’s state-run metals and mining conglomerate IMIDRO.
IMF corrects estimate about Iran forex reserves: CBI
The International Monetary Fund (IMF) has corrected its wrong estimate about the amount of Iran’s foreign exchange reserves in an official note sent to the Central Bank of Iran (CBI), says a CBI statement.
Iran reports 19.1% surge in annual car output
Iran’s industries ministry (MIMT) says car output in the country rose by 19.1% in the calendar year to March 20 despite closures and reduced activity measures imposed at plants by automotive companies to curb the spread of the coronavirus.
FTZs Enjoy Positive Trade Balance in Past 2 Years
The Secretary of Iranian Free Zones High Council Hamidreza Momeni said the trade balance of the country’s free and special economic zones has been positive in the past two years despite the negative balance of the country's foreign trade, IRNA reported.
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.