EghtesadOnline: Iran’s 21 major ports loaded and unloaded 105.9 million tons of commodities during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20) to register a 16.95% decline compared with the corresponding period of last year.
EghtesadOnline: While debating the March 2019-20 budget bill on Monday, lawmakers allowed the government to borrow $30 billion in foreign finance in the next fiscal (March 2019-20).
EghtesadOnline: With the ratification of the Iranian Cabinet on Feb. 6, the ban on importing 100 types of commodities included in the so-called Group IV was lifted.
EghtesadOnline: The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March.
EghtesadOnline: The amended Anti-Money Laundering Law was finally signed into law by President Hassan Rouhani last month after it was studied in graphic detail by several entities, namely the specialized committees in government, parliament, the constitutional watchdog Guardian Council and the top arbiter, the Expediency Council.
EghtesadOnline: The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (350,000 barrels) out of the one million offer sold on the stock market.
EghtesadOnline: Third phase of the Persian Gulf Star Refinery in Bandar Abbas, Hormozgan Province, was launched Monday in the presence of President Hassan Rouhani and Oil Minister Bijan Namdar Zanganeh.
EghtesadOnline: Expansion of the petrochemical sector has continued as planned and $24 billion has been invested in development projects since 2014, National Petrochemical Company's deputy for investment said.
EghtesadOnline: O il prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sanctions on Iran and Venezuela, and hopes that the Sino-US trade dispute may soon end.
EghtesadOnline: Iran traded 89,066 tons of non-oil commodities worth $148.22 million with Australia during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering an 86.46% and 26.02% growth in tonnage and value respectively compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.