Iran and Russia are working on the details of a comprehensive cooperation document to replace the former strategic agreement, according to a senior Iranian diplomat.
Iran and Russia are working on the details of a comprehensive cooperation document to replace the former strategic agreement, according to a senior Iranian diplomat.
Iran’s main concern in the talks to salvage the 2015 nuclear deal will be over ways to verify the lifting of US sanctions, Iranian Foreign Minister Hossein Amir-Abdollahian said.
Iran has produced over 120kg of 20% enriched uranium, the head of the Atomic Energy Organization of Iran announced.
Iran’s permanent representative to the United Nations’ office in Geneva said the US sanctions targeting the countries that host displaced Afghans have come to interfere with their efforts to properly help out the refugees.
A total of 20,020 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the sixth month of the current Iranian year (Aug. 23-Sept. 22), registering a 3% increase compared with the similar period of last year, according to a deputy minister of industries, mining and trade.
Sistan-Baluchestan Province’s exports stood at 2.034 million tons worth $717.38 million in the first six months of the current fiscal year (March 21-Sept. 22), registering a 30% and 9% growth in weight and value respectively year-on-year, Mohammad Ali Khashi, a local official, said.
The exported goods were mainly shipped via Zahedan, Mirjaveh, Milak, Chabahar and free-trade zone customs terminals of the southeastern Iranian province as well as Pishin, Gamshad, Kouhak, Jaleq and Rimdan-e Bankul border markets, IRNA reported.
Cement, clinker, dates, gas, coriander seeds and other agricultural products were the main exported goods.
A total of 714,000 tons of rice worth $608 million were cleared from Iranian customs during the first six months of the current fiscal year (March 21-Sept. 22), registering a 33% and 24% growth in weight and value respectively compared with last year’s corresponding period, Rouhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration, said.
The volume in the sixth month of the current fiscal year (Aug. 23-Sept. 22) hit 528,000 tons worth $440 million.
For the first five months of the fiscal 2021-22 (March 21-Aug. 22), it stood at 186,000 tons worth $167 million, IRNA reported.
The average Consumer Price Index for rent levels of residential homes in urban areas during the four-quarter period to Sept. 22, which marks the end of summer, increased by 27.6% compared with the corresponding period of last year.
The Statistical Center of Iran had put the annualized inflation rate for the preceding quarter (spring), which ended on June 21, at 28.8%.
The highest and lowest annual average inflation rates in Q2 were registered for Kermanshah and Sistan-Baluchestan provinces with 37.5% and 13.2% respectively.
According to the SCI report, CPI for rent levels in urban areas (using the Iranian year to March 2017 as the base year) stood at 244.1 in the second quarter of the current Iranian year (June 22-Aug. 22), indicating an 8% increase compared with the previous quarter.
A total of 182,748 business permits were issued by the Ministry of Industries, Mining and Trade during the first four months of the current Iranian year (March 21-July 22), registering a 6% decline compared with the similar period of last year, latest figures released by the Ministry of Industries, Mining and Trade show.
About 60,680 permits were issued during the fourth Iranian month (June 22-July 22), registering a 7.7% growth month-on-month.
Topping the list of provinces where the highest number of business permits were issued during the four-month period are Tehran with 23,785, Khorasan Razavi with 15,504, Isfahan with 14,341, Mazandaran with 12,375 and Fars with 9,552...
The World Bank has revised up its estimates and forecasts about Iran’s economic growth.
The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to organize two specialized business courses.
Exports from East Azarbaijan Province stood at $622 million in the first six months of the current fiscal year (March 21-Sept. 22), registering a 55% growth compared with the previous year’s corresponding period, says Ali Jahangiri, the deputy governor of East Azarbaijan for economic affairs.
A cyclone that crashed through Oman last week left two Iranian sailors dead and three unaccounted for and inflicted over 1,660 billion rials ($6 million) in losses on port infrastructure and equipment in the southeastern province of Sistan-Baluchestan.
ran Power Generation, Distribution and Transmission Company, Tavanir, has warned about the possibility of power cuts in winter, considering the persisting pressure on the national grid apparently caused by illegal cryptocurrency mining.
Tehran stocks on Sunday extended big losses incurred a session earlier with sell-off particularly hitting most small caps.
The main gauge of Tehran Stock Exchange, TEDPIX, shed 10,420.55 points and slipped 0.71% to finish trading at 1,455,610.
The TSE’s equal-weighted index, which better reflects the performance of small caps, lost 1.4% amid unrelenting sell-side pressure in penny stocks.
As the session closed, 401 tickers were in negative territory, accounting for 81% of the total tickers.
The Economy Minister Ehsan Khandouzi said banks need to focus on ways and means to strengthen the economy saddled with high inflation, rising prices, low productivity, joblessness, declining value of the national currency and inefficiency.
In his first meeting with CEOs of state-run and private banks, Khandouzi said bank resources should be used first to underpin the economic needs.
“What indeed is a flaw in the banking sector is direct involvement in business activity. Bolstering the national economy is, and should be, the [top] priority,” he was quoted as saying by the state news agency IRNA.
Banks held 75,206.8 trillion rials ($278 billion) in assets by the end of the month to August 22, indicating 43.8% increase compared to the same period last year.
Banks' foreign assets posted 61% growth on year-on-year basis, increasing from 12,562.1 trillion rials ($46.5b) in August 2020 to reach 20,307 trillion rials ($75.2b) by August 2021.
Foreign assets of banks increased almost 30% in five months since the beginning of current fiscal year in March, according to data released by the Central Bank of Iran.
In order to strengthen Iran's regional collaborations in the field of information and communications technologies, ICT Minister Isa Zarepour attended the 12th Transport and Communication Forum in Turkey.
The event was organized by Turkey’s Ministry of Transport and Infrastructure at Ataturk Airport on Oct. 6-8, the government’s news website, Dolat.ir, reported.
The forum, themed Logistics-Mobility-Digitalization, gathered ICT and transportation ministers from 55 countries in conferences, roundtable meetings, sectoral discussion sessions and bilateral meetings to discuss the optimization of communication systems and future digital visions.
Delivering an inaugural address at the forum, Zarepour provided a brief overview of Iran’s ICT attainments and capabilities, while emphasizing the necessity of telecom services in improving the quality of life worldwide.
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