Tar exports exceed 2mn tons in 8 months
Iran exported 2.381 million tons of tar worth $561 million during the eight months of the current fiscal (March 21- Nov. 21), a senior official the Islamic Republic of Iran Customs Administration (IRICA) said on Tuesday. According to Alireza Dashtani, customs inspector of the southern Hormozgan province, the figure indicates 16% growth in value and […]
Tax revenues rise 14% in 7 months on year
Iran’s tax incomes during the first seven months of the current Iranian calendar year (March 21-October 21) has risen 14.2 percent compared to the same period of time in the previous year, ISNA reported on Monday citing the data released by the Central Bank of Iran (CBI). As reported, Iranian government has received 750 trillion […]
‘Iran expects EU to extend Airbus OFAC license to deliver purchased aircrafts’
Farzaneh Sharafbafi, the managing director of Iran Air, Iran’s national flag carrier, said on Monday that Iran expects EU to get the U.S. approval for extending the Treasury’s Office of Foreign Assets Control (OFAC)’s license for importing the airplanes Iran bought from Airbus. Speaking in a press conference, the official mentioned the deals Iran Air […]
Second platform of South Pars phase 13 installed on offshore spot
The second platform of Iran’s South Pars gas field’s phase 13 of development was installed on its designated offshore spot on Monday, Public Relations Department of Pars Oil and Gas Company, which is in charge of developing the gas field, announced. The first platform of this phase was installed on its offshore spot on December […]
China eyes broadening trade, business ties with Iran
Chinese Deputy Foreign Minister Zhang Jun said that Beijing is interested in developing and enhancing its relationship with the Islamic Republic of Iran especially in trade and economic ties. He made the above remark in an interview with IRNA correspondent and stated, “economic field is one of the most important areas of forging relationship between […]
TSE launches futures contract as an instrument for more risk management
In a ceremony on Sunday, Tehran Stock Exchange (TSE) officially launched futures contract, a new financial instrument in Iran’s capital market. Futures contracts (more colloquially, futures) are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price. The ceremony to launch the futures contract, […]
Tehran hosting IRAN TRANS EXPO 2018
The 3rd edition of Iran’s Logistics, Transportation, and Related Industries Exhibition (IRAN TRANS EXPO 2018) kicked off on Sunday at Tehran’s Imam Khomeini Mosalla, the portal of Transport and Urban Development Ministry reported. Senior officials including the Roads and Urban Development Minister Mohammad Eslami and his deputies attended the opening ceremony. Over 263 companies active […]
Fruit, vegetable exports up 59% in 8 months
Iran exported 2.31 million tons of fruits and vegetables worth $866 million during the past eight months of the current fiscal (March 21- Nov. 21), a senior official at Iran’s Trade Promotion Organization (TPO) said. Mahmoud Bazari, the director general of the exports coordination office at TPO for agro crops and processing industries’ products, said […]
OPEC proved it can reach agreement despite splits: Zanganeh
OPEC members have shown that they can reach agreements regarding oil production despite having intense political and even military disputes, said Iranian Oil Minister Bijan Zanganeh on Saturday. “OPEC, as a third world organization, has shown the capacity in which members can negotiate and reach important results regarding their common interests despite having the most […]
Monthly car output stands at 57,627
Iranian carmakers manufactured 57,627 vehicles in the eight Iranian calendar month, Aban (October 23-November 21), ISNA reported on Saturday. The number of manufactured cars in Aban indicates a 57-percent decrease from 135,402 cars manufactured in the same month of the preceding year. During the first eight months of the current Iranian calendar year (March 21 […]