IRNA

Home-made train to join Iranian subway fleet in two weeks

Iran’s Vice President for Science, Technology and Knowledge-based Economy Rouhollah Dehghani Firouzabadi says the construction of a home-made Iranian train has made 85% development and the train is expected to join subway fleet within the next couple of weeks.

Transportation

Iran’s annual aluminum ingot output surges to 635,000 mt

Iran has produced more than 635,000 metric tons (mt) of aluminum ingots over the past calendar year to March 19, report suggests.

Mine and Industry

Iran’s cement exports up 12% in nearly two years: Official

Iran’s cement exports have grown by 12 percent in nearly two years, according to figures by Iran’s Cement Industry Producers Association.

Mine and Industry

Iran seeking observer status in Eurasian Economic Union

Iran’s Ambassador to Moscow Kazem Jalali has said that the Islamic Republic is seeking to gain an observer status in the Eurasian Economic Union (EAEU) in the near future.

Trade

Iran’s trade with OIC states hits $61 billion in one year

Iran’s trade with member states of the Organization of Islamic Cooperation (OIC) reached $61 billion, last year (beginning on March 21, 2023), the head of the Islamic Republic of Iran Customs Administration (IRICA) has announced.

Trade

Iran exports $7.6 billion in steel products in year to March

Iran exported $7.6 billion worth of steel products last calendar year ending March 19, according to figures released by the Iranian Steel Producers Association (ISPA).

Mine and Industry

Iran, Iraq extend gas export contract by 5 years

Tehran and Baghdad have agreed to extend the contract on Iran’s gas exports to Iraq by another five years.

Energy

Iran’s Q4 jobless rate falls to 8.6%

A recent report by the Statistical Center of Iran (SCI) has put the country’s jobless rate in the fourth quarter of the calendar year to late March at 8.6%.

Macro Economy

Iran signs $13bn worth of contracts to develop 6 oil fields

The National Iranian Oil Company (NIOC) has signed contracts worth $13 billion, marking the country’s biggest oil contracts in a decade.

Energy

Iran allocates Є13.6bn for import of essential goods

Iran has earmarked as much as Є13.6 billion at a preferential exchange rate for the imports of basic items.

Trade