Financial Tribune

Iran’s exports to Russia at $800 million in 2020

Iran exported $800 million worth of commodities to Russia in 2020 to register a 105% increase compared with 2019.

Trade

Iran-Pakistan trade hit $1 billion in 10 months

Trade between Iran and Pakistan stood at $1 billion during the first 10 months of the current Iranian tear (March 20, 2020-Jan. 19), the head of the Trade Promotion organization of Iran said.

Trade

Iranian cryptocurrency miners back on track

Authorized cryptocurrency miners in Iran have been allowed to resume operations after fuel supply to electricity power plants returned to normal, a spokesperson for Distribution and Transmission Company (Tavanir) said.

Modern Enterprise

IRISL Group ranks 15th among world’s prominent shipping lines

The Islamic Republic of Iran Shipping Lines ranks 15th in Alphaliner’s rankings of prominent carriers in its Feb. 16, 2021, report, with a consolidated capacity of 151,706 TEUs.

Transportation

Iran closes border crossing with Afghanistan after massive explosion

Iran’s Dogharoun border terminal with Afghanistan in Khorasan Razavi Province will be closed for at least two weeks after a fuel tanker exploded at 12:15 p.m. on Saturday in a parking lot on the Afghan side of the border [Islam Qala crossing in Afghanistan’s Herat Province].

Transportation

Iran’s external debt at $9.3 billion

Iran’s external debt increased to $9.3 billion by the end of the ninth Iranian calendar month to Dec. 20, the Central Bank of Iran reported. The debt is 3.5% or $317 million higher compared to the beginning of the current fiscal year last March.

Macro Economy

Iran’s non-oil trade at $58.7 billion in 10 months

Iran’s foreign trade, excluding oil exports, stood at 122.8 million tons worth $58.7 billion in the 10-month period ending Jan. 19.

Trade

Iran cryptomining capacity at $1.4 billion

With estimated cryptomining capacity at $1.4 billion, Iran is among the top in the world, a senior Industries Ministry official said.

Modern Enterprise

Iran suspends licensed cryptomining for 2 weeks to save power

Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered licensed cryptocurrency mining farms to halt operations for two weeks to lessen power shortages across the country.

Modern Enterprise

Iran’s trade with Eurasia at $1.4 billion in 8 months, down 11% yoy

Iran’s non-oil trade with the Eurasian Economic Union hit $1.4 billion during the eight months to Nov. 20, 2020, indicating an 11% decline compared with the corresponding period of last year.

Trade