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Iranian Finance

  • Iran's total steel exports surge by %23 year-on-year in November

    Iran's total steel exports surge by %23 year-on-year in November

    Jan 09, 2020 03:12

    Iran’s exports of various steel products increased by nearly a quarter in the eight-month period ending in late November 2019, a report shows.

  • Smuggling, export of Iranian cigarettes down by nearly half until November 2019

    Smuggling, export of Iranian cigarettes down by nearly half until November 2019

    Jan 01, 2020 14:19

    Iran’s ministry of industry says Iranian-made cigarettes had a lower appeal for foreign customers and smugglers in the eight-month period ending in late November 2019 as figures nearly halved compared to the similar period last year.

  • Demand for Iran’s copper outpaces supply for first time: NICICO

    Demand for Iran’s copper outpaces supply for first time: NICICO

    Dec 29, 2019 11:57

    The CEO of the National Iranian Copper Industry Company (NICICO) has said that for a first time in the country’s history the sector is facing a higher demand than current supply and output levels despite a series of the illegal US sanctions which seek to stifle Iran’s lucrative trade of metals.

  • Iran says steel industry growing after US turns up sanctions heat

    Iran says steel industry growing after US turns up sanctions heat

    Dec 25, 2019 08:24

    Iran’s industrial metals, specifically steel, are the latest target in the Trump administration’s maximum pressure campaign, but officials say the sector is unfazed and keeps growing.

  •  Iran: Parliament allows Jask port to become special economic zone

    Iran: Parliament allows Jask port to become special economic zone

    Dec 17, 2019 12:53

    Iran’s port of Jask, located to the east of the Persian Gulf, has been allowed to become a special economic zone (SEZ) to enjoy lower tariffs on investment and transportation of goods.

  • Iran resumes exports of PET used in bottling, textile industry

    Iran resumes exports of PET used in bottling, textile industry

    Dec 11, 2019 12:33

    A key petrochemical company in Iran has significantly increased its production of polyethylene terephthalate, also known as PET plastic, allowing the country to resume exports of a product which has a high demand in bottling and textile industries.

  • Iran to open first privately-owned port on the Caspian Sea

    Iran to open first privately-owned port on the Caspian Sea

    Dec 01, 2019 14:10

    Iranian authorities say a first privately-owned port facility in the north of the country and on the Caspian Sea is to open after nearly 15 years of planning and construction.

  • Syndicate member says electricity-rich Iran should have exports increased

    Syndicate member says electricity-rich Iran should have exports increased

    Nov 21, 2019 13:57

    A member of Iran’s main industrial union in the electricity sector says the country’s current state of exports does not match its huge production potentials.

  •  Iran minister due in Russia to 'operationalize' $5billion loan

    Iran minister due in Russia to 'operationalize' $5billion loan

    Nov 20, 2019 12:45

    Iran’s Energy Minister Reza Ardekanian says he will head to Moscow on Thursday to “operationalize” a $5 billion credit line for infrastructure projects.

  •  President Rouhani on riots: Iranian people passed another historic test

    President Rouhani on riots: Iranian people passed another historic test

    Nov 20, 2019 12:41

    President Hassan Rouhani hails the people’s firm response to the recent wave of foreign-backed riots that hit several Iranian cities, voicing gratitude towards the nation for withstanding the enemies’ subversive plots despite their economic grievances.

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Top News
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