224,331 tons of copper cathode was produced in 11 months of the current Iranian calendar year (from March 21, 2019 to Feb. 19, 2020), showing an unchanged volume as compared to the last year’s corresponding period.
Read More »Iran’s Steel Exports Post Remarkable Surge by 68%
A new report shows that Iran’s exports of steel skyrocketed by nearly 68 percent in the single month ending February 19, while 11-month records show that the outbound trade of the commodity rose by 28 percent in comparison with the corresponding period in last year. A new report said on …
Read More »CBI Extends Grace Period for Different Iranian Businesses due to Coronavirus Epidemic
The Central Bank of Iran (CBI) announced that it will be extending the grace period for the repayment of loans for 3 months to the businesses affected by the coronavirus epidemic.
Read More »Iran Poised for Significant Jump in Aluminum Output
Iran is expecting significant surge in its aluminum production, as national prospective plans are directing towards an increase by more than 60 percent in the upcoming local calendar year (March 21, 2020-March 20, 2021).
Read More »Necessary Measures Adopted by Gov’t to Confront Economic Consequences of Coronavirus Outbreak
Iranian Vice-President for Economic Affairs Mohammad Nahavandian underlined the government’s measures to deal with emergencies and economic consequences of coronavirus epidemic.
Read More »Iran Reports Economic Growth in last 3 Months of 2019
Governor of the Central Bank of Iran Abdolnasser Hemmati said that the country has had a growth in the economic field in the last 3 months of 2019.
Read More »CBI Asks Permission of IMF for Access to $50 Billion Emergency Facilities
The Governor of the Central Bank of Iran has required permission for access to the fund's available $50-billion-emergency financing facilities, aimed at addressing COVID-19.
Read More »India-Chabahar-Afghanistan Corridor Becomes O`perational
India-Chabahar-Afghanistan corridor became officially operational with the shipment of two containers through Mumbai, Chabahar and the Dogharoon border, according to the Director-General of Customs Transit of Iran.
Read More »Abu Dhabi Plans Big Oil Output Boost to Join the Price War
Abu Dhabi National Oil Co. will boost crude supply to more than 4 million barrels a day next month as the United Arab Emirates joins a battle for market share triggered by Saudi Arabia and Russia.
Read More »EIB Funds Dutch Homes with €150m Energy Efficiency Loans
Loans of up to €25,000 per household will be offered to homeowners who want to reduce their energy bills.
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