IRNA

Iran reports major jump in gold imports

Iran’s five-month imports of gold ingots have surpassed 4.1 tons, according to the latest Iranian customs figures.

Iran Economy

Iran, India agree to establish joint committee on agriculture

The ministries of agriculture of Iran and India have signed a memorandum of understanding to set up a joint committee on agriculture.

Agriculture and Environment

Iran’s five-month tax revenues up 52% YOY

Iranian tax revenues in the five calendar months to late August are 52% higher than figures reported in last year’s corresponding period, according to a Tuesday report by Iran’s National Tax Administration (INTA).

Macro Economy

Iran’s seven-month steel output at 18.1 million mt: Report

Iranian steel mills have produced as much as 18.1 million metric tons (mt) of the mineral in the first seven months of 2013, according to an official report.

Mine and Industry

Iran begins gas production at Phase 11 of South Pars: NIOC chief

Iran has begun gas production at Phase 11 of South Pars, the world’s largest gas field, according to the CEO of the National Iranian Oil Company (NIOC).

Energy

Iran extends gas-for-electricity swap deal with Armenia

The National Iranian Gas Company (NIGC) has renewed a contract with Armenia to increase the volume of natural gas exports to the landlocked neighboring country until 2030.

Energy

Iran’s assets in other countries to be released soon: Central bank governor

Two days after official reports about unfreezing Iranian assets in South Korea, governor of the Central Bank of Iran (CBI) says Iran’s funds in some other countries will be released soon.

Iran Economy

Iran’s oil output to hit 3.5 million barrels per day by late September: Official

Iran is expected to produce as much as 3.5 million barrels per day (bpd) by late September despite tough Western sanctions on the country, according to Deputy Oil Minister Mohsen Khojastehmehr.

Energy

Iran wins release of over $10bn worth of blocked funds: Source

A source has revealed that Iran has finally gained access to more than $10 billion worth of its funds that were illegally frozen in bank accounts in South Korea and Iraq because of alleged compliance with US sanctions.

Financial Markets

Iran, BRICS already engaged in practical partnership: FM

Iranian Foreign Minister Hossein Amirabdollahian has said that the practical partnership between Iran and the BRICS group has already begun in transportation cooperation, including the International North-South Transit Corridor (INSTC).

Transportation