Financial Tribune

Iran’s Trade Promotion Organization to allocate $45 million to boost non-oil export

Iran’s Trade Promotion Organization will allocate $45 million to support the country’s non-oil exports, Hamid Zadboum, the head of the organization said.

Trade

Iran exports saffron to 60 countries

A total of 324 tons of saffron worth $190 million were exported from Iran to 60 countries in the last fiscal year (March 2020-21), with five countries accounting for 79% of weight and 78% of the value of total shipments.

Agriculture and Environment

Iran’s annual tea leaf output to reach 135,000 tons

A total of 135,000 tons of green tea leaves are estimated to be harvested in the current Iranian year (started March 21), 4,000 tons more than last year’s output, according to the head of Iran Tea Organization.

Agriculture and Environment

Grand Bazaar of Tehran reopens after virus restrictions eased

The National Coronavirus Headquarters has agreed that restrictions imposed on Group II of jobs in the high-risk red and orange zones for coronavirus transmission, including Tehran’s Grand Bazaar and shopping malls, should be relaxed.

Society Economy

Iran’s annual mineral exports at $7.6 billion

Iran’s export of mineral products in the last fiscal year (ended March 20, 2021) stood at 55 million tons worth $7.6 billion, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.

Mine and Industry

Astrakhan, main hub for Iran’s economic activities in Russia

The Russian port of Astrakhan is a hub of commercial activities for nearly 200 Iranian firms making the port their largest center of economic activities in Russia.

Trade

Iran oil ministry to invest $80 million in knowledge-based firms

Iran’s Oil Ministry will invest $80 million in startups and knowledge-based firms, Bijan Namdar Zanganeh the country’s oil minister said.

Modern Enterprise

Iran government buys over 8 million tons of wheat from local farmers

A total of 8.2 million tons of wheat worth 208.7 trillion rials ($834 million) were bought from local farmers as part of the government’s guaranteed purchase plan during the last Iranian year (March 2020-21).

Agriculture and Environment

Iran’s annual petchem output hits 83.5 million tons

Iiran’s annual petrochemical production capacity increased by 13.5 million tons in the last fiscal year that ended on March 20.

Energy

Iran opens its largest strawberry greenhouse in Khorasan Razavi

Iran’s largest and most modern greenhouse facility for strawberry production was inaugurated in Khorasan Razavi Province .

Agriculture and Environment