Central Bank of Iran (CBI) figures show manufacturing activity in the country rose by 6.6% in the two quarters to late September last year compared to the same period in 2021.
Some state banks have started offering higher interest rates on deposits even though the Central Bank of Iran has not yet approved the increase, media reports in Tehran said Monday.
A total of 9.91 million tons of livestock feed were imported into Iran during the first nine months of the current Iranian year (March 21-Dec. 21), registering a 26% fall compared with last year’s similar period.
A recent measure by the German government to limit business with Iran involves the removal of trade incentives that has no significant role in bilateral relations and is not expected to harm economic ties between the two countries, according to a businessperson with the knowledge of the matter.
Based on the IMF data, Iran’s Gross Domestic Product (GDP) based on the purchasing power index will grow by $91 billion or two percent in 2023 to reach $1.7 trillion.
Rashid Al-Ghilani, Oman’s Chargé d’affaires in Tehran, has said that his country welcomes joint investment in Iran’s renewable energy sector.
Iranian Health Ministry officials have said that as three cases of infection to new Omicron sub-variants – namely XBB and BQ1 – have been registered in Iran, the eighth wave of the coronavirus disease (COVID-19) has begun in the country, IRNA official news agency reported.
Deputy Minister of Road and Urban Development Kheirollah Khademi said on Wednesday that some €800 million is required for the completion of Rasht-Astara railway, while noting that Iran will not wait for Russia and China to provide the needed finance.
Vietnamese Ambassador to Iran Luong Quoc Huy pays a visit to Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) where he meets ICCIMA President Gholam Hossein Shafei on December 26, 2022.
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei says barter trade between Iran and Vietnam has to be enhanced so as to thwart banking obstacles on the way of trade exchanges.