IRNA

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

Iran’s second-largest carmaker reports decline in output

Iran’s second-largest automaker, Saipa, has reported a 6-percent decline in the number of sedans it has produced in the eleven months to February 19.

Mine and Industry

Report puts Iran’s 11-month steel exports at around $7 billion

Iran has exported an almost $7 billion worth of steel products in the 11 months to late February, according to a report by the Iranian Steel Producers Association (ISPA).

Mine and Industry

Iran’s largest oil refinery reports increase in processing capacity

The Abadan oil refinery, the largest in Iran, has reported an increase in processing capacity as part of an official policy to slash the export of crude oil.

Energy

214m tons of goods loaded, unloaded in Iranian ports in 11 months

As much as 214 million tons of goods has been either loaded or unloaded in Iranian ports in 11 calendar months leading to late February, official figures said.

Trade

Iran’s foreign trade hits $138.8 billion in 11 months

Iran’s total foreign trade, including exports of crude oil and techno-engineering services, reached $138.8 billion in 11 calendar months to February 19, according to Head of the country’s customs administration.

Trade

Iran’s auto output hits 1.23 million in 11 months

Iranian automakers produced about 1.23 million vehicles in 11 months of the current Iranian calendar year (March 21, 2023- February 19, 2024), an official in the Industry, Mining and Trade Ministry has announced.

Mine and Industry