The International Monetary Fund (IMF) has announced that Iran’s economy grew by 5.4% in 2023.
Iran and Saudi Arabia plan to set up a direct shipping line between Kangan, in southern Iranian province of Bushehr, and the Saudi eastern province of Dammam, in a bid to boost trade between the two countries.
Iran exported 10.5 million metric tons (mt) of cement to 25 countries, including Iraq, Kuwait, Afghanistan, Pakistan, and Syria, over the nine months to November 21, 2023, an industry source has said.
The latest data related to the production of automobiles in Iran shows that Saipa, the second-largest carmaker in the country, saw a decrease in its output in the nine months to late December.
The latest report from the Iranian steel producers’ association says that the country’s exports of steel have surpassed nine million metric tons (mt) in the nine calendar months to September 22.
Iran’s export to Iraq has exceeded $6.2 billion in the eight Iranian calendar months to November 21, showing a 30% growth compared to the same period last year, according to an official with the knowledge of the matter.
Iran exported agricultural and food products worth more than $4.3 billion to 130 countries during the first nine months of the current Iranian year (March 21, 2023 to December 21, 2023), an Iranian official has said.
Iranian lawmakers have voted to enable the Central Bank of Iran (CBI) to take necessary measures in pursuit of Iran’s funds from Bahrain’s banks.
Different sources have rejected reports according to which Iran has declined oil exports to China, demanding higher prices.
Iran has exported as much as $5.5 billion worth of steel products in the first nine Iranian months to September 22, according to a report by the Iranian Steel Producers Association (ISPA).