The head of the International Atomic Energy Agency expressed hope to see progress in ongoing negotiations in Vienna, Austria, aimed at reviving the Iran nuclear deal.
The head of the International Atomic Energy Agency expressed hope to see progress in ongoing negotiations in Vienna, Austria, aimed at reviving the Iran nuclear deal.
Deputy Foreign Minister Abbas Araqchi said Iran does not intend to engage in long drawn-out negotiations over the faltering 2015 nuclear deal and expects an acceptable level of progress toward an agreement to continue the talks.
Iran has finalized an agreement with Moscow for the purchase of 60 million doses of coronavirus vaccine Sputnik V, to be delivered from late spring to autumn.
The Parsian Sepehr Gas Refinery became operational on Thursday in Fars Province, head of the company’s board of directors said.
In the past Iranian calendar year (March 2020-2021), 476 solar water heaters were installed gratis in Kohgiluyeh-Boyerahmad rural areas not linked to the gas grid, director general of the provincial Forests, Range and Watershed Management Organization said.
The Purchasing Managers’ Index for industries during the 12th month of last fiscal year (Feb. 19-March 20) settled at 57.29 from 58.34 in the preceding month (Jan. 20-Feb. 18), indicating a 1.05-point or a 1.8% decrease.
The announcement was made by the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture. The center is measuring PMI, known by its Farsi acronym Shamekh, in Iran for the past 30 months.
PMI is an indicator of economic health for manufacturing and services sectors. It provides information about current business conditions to companies’ decision-makers, analysts and purchasing managers.
The headline PMI is a number ranging from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction and a reading at 50 indicates no change.
A total of 7.53 million tons of commodities were transited through Iran during the last fiscal year (March 2020-21), showing a 0.89% decline compared with the year before, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
“The transit volume came despite the outbreak of Covid-19, which led to the closure of many of our common border crossings for a few months,” Rouhollah Latifi was quoted as saying by Fars News Agency.
The Iranian Mines and Mining Industries Development and Renovation Organization has released a new report on the sales of 74 heavyweight Tehran Stock Exchange-listed mining and mineral companies.
According to the report, the aggregate sales volume of firms under review stood at 3.22 quadrillion rials ($13.4 billion) during the last Iranian year (ended March 20, 2021) to register a 105% rise compared to the year before.
Their sales volume during the 12th month of the year (Feb. 19-March 20) stood at 446.1 trillion rials ($1.8 billion) to register a 22% increase compared to the previous month and a 203% rise compared to the previous year's similar month.
Mobarakeh Steel Company registered the highest sales volume among the firms during the period with 774.6 trillion rials ($3.22 billion), up 98% year-on-year. The company’s sales during the 12th month of the year stood at 11.1 trillion rials ($46.2 million), indicating a 336% YOY increase and a 33% month-over-month decrease.
The International Monetary Fund rectified its estimation of Iran's foreign currency reserves after it was questioned by the country's central bank.
The Governor of Central Bank of Iran Abdolnasser Hemmati dismissed claims that the CBI is the "government’s biggest debtor.”
Hemmati was objecting to statements Tuesday by Mohammad-Baqer Nobakht, head of the Plann and Budget Organization.
In a meeting with a group of lawmakers, Nobakht said "the CBI is slow in changing forex income from oil export into rials. So the central bank is the biggest government debtor."
Denying the charge Hemmati said "The CBI has never been, and will never be, in debt to the government. Let's take a look at the CBI balance sheet to see who the debtor is," Hemmati wrote on his social media account.
With lockdowns to contain the spread of Covid-19, gold trade has moved to unofficial online platforms lacking proper monitoring, vice president of the Tehran Gold and Jewelry Union said.
Iranian gamers spent 1.31 trillion rials ($5.24 million) on video games in the fiscal 2020-21, Iran’s Digital Games Research Center reported.
The suspension of UK flights has been lifted, as France replaces it on the flight ban list, according to the spokesperson of the National Aviation Organization.
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