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World Bank revises up Iran’s 2021 GDP growth rate by 1% to 3.1%
Jan 16, 2022 14:27The World Bank has revised up its estimate of economic growth in Iran for 2021 as figures provided in the Bank’s latest report show Iran’s gross domestic product (GDP) rose by 3.1% last year.
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Value of Iran’s trade with neighbors rises by 42% in 9 months
Jan 13, 2022 09:32The value of Iran’s trade with neighboring countries in the first 9 months of the current Iranian calendar year (March-December 2021) increased by 42 percent compared to the same period last year.
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Iran expands contract farming of wheat to nearly 150,000 ha of lands
Jan 09, 2022 16:03Iran’s agriculture ministry says contract farming for wheat has expanded to cover nearly 150,000 hectares of lands in the country amid efforts by the government to promote the method to both boost agriculture production and to protect farmers against price fluctuations and other risks in the market.
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Gold mine in central Iran ramps up production
Dec 29, 2021 12:24A gold mine in central Isfahan produced 223 kg of the precious metal in the eight months since the start of the Iranian year in mid-March, its managing director says.
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Iran’s non-oil exports up by 40% in March-December: IRICA
Dec 28, 2021 15:40Figures by the Iranian customs office (IRICA) show that non-oil exports from the country rose by 40% year on year in the nine months to December 21.
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Iran launches its first solar cell plant with 150 MW of capacity
Dec 23, 2021 15:50A first solar cell factory has been launched in Iran amid government efforts to significantly increase the share of renewable in the country’s power mix.
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Iran, Hungary sign customs cooperation agreement
Dec 17, 2021 03:14Iran and Hungary have signed an agreement on customs processes to help trade flowing smoothly between the two countries.
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Economy, trade among main priorities in ties with Hungary: Amir-Abdollahian
Dec 16, 2021 10:50Iranian Foreign Minister Hossein Amir-Abdollahian says the promotion of trade and economic cooperation is among Iran’s main priorities in relations with Hungary, calling for Tehran and Budapest to prepare a roadmap for bilateral ties.
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Iran’s electricity sector facing massive fuel bill over winter
Dec 16, 2021 05:11Iran will be forced to forgo some $5.6 billion in hard currency revenues over the cold winter months as it should provide enough fuel supplies to power plants that normally burn natural gas to generate electricity, shows a report.
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Iran: Parliament approves wage hikes for teachers
Dec 16, 2021 02:21The Iranian parliament has passed a law which promotes elementary and secondary teachers in the country to the position of lecturers in universities and thereby increasing their monthly salaries by up to 15%.