EghtesadOnline: Iranian exporters’ difficulties in getting paid by their foreign buyers is a major risk to their business, says the managing director of Export Guarantee Fund of Iran.
EghtesadOnline: Having purchased 5,423 homes in Turkey, Iranians ranked the second biggest foreign buyers of real estate in the neighboring country after Iraqis in 2019, figures released by the Turkish Statistical Institute show.
EghtesadOnline: Large volumes of treated wastewater from Bandar Abbas Wastewater Treatment Plant in Hormozgan Province is piped to industries in the west of the key port city and is largely used for green spaces, but as there is excess supply, it will be dumped into the sea, managing director of Hormozgan Water and Wastewater Company said.
EghtesadOnline: Bank Keshavarzi Iran, a state-owned lender to the agriculture sector, has 26 trillion rials ($200 million) in holdings that need to be sold, the bank’s deputy manager for legal and supervision affairs said.
EghtesadOnline: As per its earlier announcement, the National Iranian Oil Company on Monday offered one million barrels of light crude oil on the Iran Energy Exchange (IRENEX) but there were no customers.
EghtesadOnline: Iran continues its quest for new crude buyers, especially in Europe, but its loyal customer base will continue to hinge on countries like India and China, whose demand for Iranian crude has observed a steady rise this year.