The chairman of the Board of Directors of the Iran Water Industry Federation said the country exported $1.8 billion worth of technical and engineering services over the past two years.
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Iran's economic growth in 1402(last Iranian year) was largely due to its oil sector achievements, according to Saeed Tajik, head of the energy and environment committee at Tehran's Chamber of Commerce.
Iran’s gold reserves saw unprecedented growth last year, especially over the past three months, Al Mayadeen reported citing reliable foreign sources.
Iran will host economy ministers from more than 40 African countries at the second Iran-Africa International Summit set to be held later this month, an official with the Trade Promotion Organization (TPO) said.
recent report by the World Bank suggests that the percentage of the Iranian population living below the poverty line has declined by 37% over the past two years.
The Iranian government has managed to attract $11.6 billion of foreign investment in various sectors since the administration took office in 2021, Shana reported.
Since taking office in August 2021, the 13th administration has been able to attract 11.6 billion dollars of foreign investment of which 4.8 billion dollars have been allocated to the oil and gas mega projects.
The Germany-Iran Chamber of Commerce spoke out against new sanctions imposed on the Islamic Republic in response to its legitimate attack on Israel.
A Reuters report on Tuesday said the Biden administration is unlikely to take any dramatic sanctions action on Iran's oil exports after Iran’s response to Israel, due to worries about boosting oil prices and angering top buyer China.
The value of trade between Iran and the European Union (EU)’s member states reached €380 million in January, according to the data released by the European Union's statistics office Eurostat.
Shares of Jio Financial Services rose as much as 5% on Tuesday, a day after the company entered into a new joint venture with BlackRock to set up a wealth management and broking business in India.
Iran has exported $2.217 billion worth of goods to India during the past Iranian calendar year (ended on March 19), according to an official with Iran’s Trade Promotion Organization (TPO).
India has ordered companies to operate underutilized gas-based power plants in May and June and import coal-based plants until October 15 to meet high electricity demand.
The economy ministers of more than 30 African countries are expected to take part in the second Iran-Africa summit which is scheduled to be held in Tehran on April 26.
The provision of foreign exchange funds for the Oil Ministry’s projects in collaboration with the Central of Bank of Iran (CBI) will be put on the agenda, said Oil Minister Javad Owji on Wednesday.
A number of Iranian lawmakers hailed the 13th administration’s performance in the energy sector.
Iran’s trade with neighboring Iraq registered a 30 percent growth in the previous Iranian calendar year (March 21, 2023 to March 19, 2024), according to an official with Iran’s Trade Promotion Organization (TPO).
Iran’s Plan and Budget Organization (PBO) chief posted on X, formerly known as Twitter, that the country’s 5.4 percent economic growth in 2023 reported by the International Monetary Fund (IMF) was the second-highest rate in the world.
The trade exchanges between Iran and Turkey in the first two months of 2024 reached $930 million, showing a one percent increase compared to the same month last year.
Oil exports in the previous Iranian calendar year, which ended on March 19, fetched the country $35.87 billion, said the Islamic Republic of Iran Customs Administration (IRICA) head on Tuesday.