Venezuelan Oil Minister Tareck El Aissami has hailed Iran’s experiences in the field of energy and technology, saying his country is willing to benefit from them and forge closer cooperation with Tehran.
Iran will supply a large shipment of honey to China in the near future, a first of its kind for the country’s honey industry.
Iran had the largest growth rate in steel production in the world in 2022, according to latest figures by the World Steel Association (worldsteel).
Iran has officially raised the cap on interest rates that banks in the country can charge weeks after media reports suggested the government is trying to use the monetary policy instrument to contain the rising inflation.
The figure accounts for some 45% of the total foreign investment attracted by Iran over the period, said Fekri.
Iran has cut its iron ore exports to almost zero in nearly a decade amid a major expansion in domestic steel manufacturing that has led to an increase in demand for ore.
Iran’s unemployment rate declined 0.7% in the quarter to late December last year compared to same quarter in 2021, according to figures by the Statistical Center of Iran (SCI).
The US government has renewed a sanctions waiver for the Rhum gas field in the UK North Sea in which Iran has a 50% stake.
Iran and Russia are exploring the development of a joint stablecoin that would be backed by gold, two Russian officials have been quoted as saying.
Iran’s largest carmaker the Iran Khodro Company (IKCO) has unveiled a new version of its flagship EF engine as it moves ahead with plans to diversify its models and improve emissions standards of its powertrains.