Iran Achieves Highest Level of Oil Exports despite US Sanctions: Finance Minister
TEHRAN (Tasnim) – Iran has achieved its highest level of oil exports for at least two years, surpassing the previous high of 1.3 million barrels a day despite US sanctions, according to Iranian Minister of Economic Affairs and Finance Ehsan Khandouzi.
Iran Aims to Expand Nuclear, Renewables Energy Partnership with Russia: Minister
TEHRAN (Tasnim) – Iran’s Economy Minister Ehsan Khandouzi said on Tuesday that the country is looking to expand its partnership with Russia in the energy sector, including projects involving nuclear power and renewables.
Ensuring Sustainable Economic Growth Top on Agenda: Iranian President
TEHRAN (Tasnim) – Iran’s President Ebrahim Raisi said his administration’s main plan in the new Iranian calendar year of 1402, which began on Tuesday, March 21, is to control inflation along with sustainable economic growth.
Iran’s Forex Improved by Diplomatic Overtures: CBI
TEHRAN (Tasnim) - Diplomatic initiatives with Saudi Arabia and the United Arab Emirates have helped the country's foreign exchange status (UAE), the Central Bank of Iran (CBI) reported.
Iran Welcomes Foreign Investment in Oil, Gas Projects: Ministry
TEHRAN (Tasnim) - The Iranian Oil Ministry released a statement expressing its openness to receive offers for foreign investment in its oil and gas projects.
Iran’s Gas Extraction Hits Record High
TEHRAN (Tasnim) – Figures related to extraction of gas from reservoirs show a new record, with Iran’s gas production capacity expected to grow by 50% by 2029.
Iran’s Exports to Oman Grows 100% in One Year: Official
TEHRAN (Tasnim) – The Chairman of the Iran-Oman Joint Chamber of Commerce said Iran’s export of products to the Sultanate of Oman has registered a considerable 100 percent growth in the current Iranian calendar year of 1401 (to end Match 20, 2023) as compared to a year earlier.
Iran’s Balance of Trade with Neighbors Hits +$2.5 Billion in 11 Months
TEHRAN (Tasnim) – The spokesman for the Trade Promotion Commission of Iran’s House of Trade said that the country’s positive trade balance with neighbors has reached $2.5 billion in the first 11 months of current Iranian calendar year (March 21, 2022 to February 20, 2023).
First Citizens in Talks to Acquire Silicon Valley Bank
TEHRAN (Tasnim) – First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank, Bloomberg News reported on Saturday, citing people familiar with the matter.
Iran’s Non-Oil Exports Hit $52.5 Billion: Official
TEHRAN (Tasnim) – Iran’s Deputy Minister of Industry, Mine and Trade put the country’s non-oil exports value in the current Iranian calendar year of 1401 (to end March 20, 2023) at $52.2 billion.
Iran Is Afghanistan’s Main Trade Partner, Official Says
TEHRAN (Tasnim) – The Deputy Head of Afghanistan’s Chamber of Commerce and Investment said on Saturday that the Islamic Republic of Iran is Afghanistan’s major trade partner.
Iran, Ghana Ink MoU on Building New Industrial Towns
TEHRAN (Tasnim) – An adviser to the CEO of Iran’s New Towns Development Company for Legal, Real Estate and Investment Affairs on Saturday announced the signing of a joint memorandum of understanding (MoU) with Ghana in the field of construction of new industrial towns and cities.
Iran Takes Part in 30th Expomed Eurasia 2023 in Turkey
TEHRAN (Tasnim) – The 30th edition of the Health, Medical and Medical Equipment Fair (Expomed Eurasia) and 16th Oil & Gas Trade Show that kicked off in the Turkish city of Istanbul on March 16 will conclude today.
What We Should to Know about Current Financial Crisis
TEHRAN (Tasnim) – California’s Silicon Valley Bank (SVB) collapse has triggered a domino of economic crises across the globe.
Iran’s National E-Government Services Window Selected ITU’s Top Project
TEHRAN (Tasnim) – The “National E-Government Services Window” was chosen as the exemplary project of the International Telecommunications Union (ITU) in the award section of the World Summit on the Information Society dubbed “WSIS 2023”.
Iran, Iraq to Launch Three Joint Industrial Towns: Economy Minister
TEHRAN (Tasnim) – The Iranian Minister of Economic Affairs and Finance said three joint industrial towns between Iran and Iraq will be launched in the border areas in the Iraqi provinces of Maysan, Basra and Wasit.
Abadan Oil Refinery’s Nominal Production Capacity to Hit 360,000 bpd
TEHRAN (Tasnim) – The CEO of the National Iranian Oil Engineering & Construction Company put the current refining capacity of oil in Abadan Oil Refinery at 210,000 barrels per day (bpd) with the implementation of phase two of this giant project.
Iran, Singapore Agree to Enhance Bilateral Cooperation on Standards
TEHRAN (Tasnim) – The heads of the Institute of Standards and Industrial Research of Iran (ISIRI) and Singapore Institute of Standards and Industrial Research vowed to expand their bilateral cooperation in the field of standards.
