Economy News
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Iran, top-3 in terms of growth in steel output, report says
Tehran, Jan 27, IRNA – Iran stood the top-3 in terms of growth in steel output in 2020, the official website of Iranian Mines and Mining Industries Development and Renovation Organization said on Wednesday citing the latest report by World Steel Association.
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Iran output from shared gasfield with Qatar stands at 220 bcm a year
Tehran, Jan 27, IRNA – Iranian output from shared gas field with Qatar in the Persian Gulf stood at 220 billion cubic meters a year, according to Managing-Director of Pars Oil and Gas Company Mohammad Meshkinfam.
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Gilan province exports stand at $591 million in 10 months
Astara, Jan 27, IRNA –Commodities worth $591 million were exported from the northern Gilan province over the past 10 months of the current Iranian year (March 20, 2020-Jan 19, 2021).
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CBI governor names Oman as Iran’s strategic partner
Tehran, Jan 27, IRNA – Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati in a meeting with Omani minister of industry termed Muscat as Tehran's strategic partner.
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Headlines in Iranian English-language dailies on January 27
Tehran, Jan 27, IRNA -- The following headlines appeared in the English-language newspapers in the Iranian capital on Wednesday:
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Trade between Iran, Armenia can reach $1b annually: Minister
Tehran, Jan 26, IRNA – Finance Minister Farhad Dejpasand said on Tuesday that the volume of trade between Iran and Armenia currently stands at $300 million, which, given the export and import capacity of the two countries, can raise to $1 billion a year.
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Iran, Oman call for development of economic-banking ties
Tehran, Jan 26, IRNA – Governor of the Central Bank of Iran Abdolnasser Hemmati and Oman Foreign Minister Sayyid Badr bin Hamad bin Hamood Al Busaidi emphasized the development of economic and banking relations between the two countries.
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Iran's foreign trade balance hits $59 billion in 10 months
Tehran, IRNA – Chief head of Iran Customs Administration announced on Tuesday that the country’s foreign trade during the past ten months of the current Iranian year (started March 20, 2020) reached 59 billion dollars.
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Headlines in Iranian English-language dailies on January 26
Tehran, Jan 26, IRNA -- The following headlines appeared in the English-language newspapers in the Iranian capital on Tuesday:
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Global economic recovery remains precarious, rebound of 4.7% to barely offset 2020 losses: UN
Tehran, Jan 25, IRNA - The United Nations today warned that the devastating socio-economic impact of the COVID-19 pandemic will be felt for years to come unless smart investments in economic, societal, and climate resilience ensure a robust and sustainable recovery of the global economy.
