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Iran exports $800m of goods to Iraq in a month
TEHRAN – Iran’s non-oil exports to Iraq in the Iranian calendar month of Ordibehesht (April 20-May 20) reached $800 million, Tasnim news agency reported,...
Siemens Energy signs Al Hamudhia 400kV Substation contract with Iraqi Ministry of Electricity
• Providing reliable power supply to Ramadi, Fallujah, Saqlawyah, Khalediyah cities and surrounding areas in Al Anbar governorate
• Enabling efficient transmission and higher utilization...
Iran’s industry sector experienced a 2.1-percent growth during the past year
Iran’s industry sector experienced a 2.1-percent growth during the past Iranian calendar year (ended on March 19) as the country managed to support and...
Aramco Acquires 70% Stake in SABIC from Saudi Arabia’s PIF
Saudi Aramco recently announced it has acquired a 70 per cent stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF),...
Angola: Free Zones to Facilitate National Investors
The Angolan Government has reaffirmed its commitment to accelerating economic growth through the creation of free trade zones, which will offer national and foreign...
Iran’s economy and the new parliament
Iran's parliament initiated its new term on May 27 as Iran's economy faces significant challenges. Although the prevalence of the Covid-19 virus has pushed...
Making Shahr-e-Aftab an FTZ on agenda
TEHRAN – Making Iran’s Shahr-e Aftab International Exhibition Center a free trade zone (FTZ) is on the agenda, the center’s managing director announced.
Mohammad-Raouf Ghaderi...
Coronavirus cuts Iran’s GDP by 15%
TEHRAN - Iranian Finance and Economic Affairs Minister Farhad Dejpasand said coronavirus pandemic has caused the country’s gross domestic product (GDP) to shrink 15...
Turkey will be new normal global production hub
As the world emerges from the novel coronavirus pandemic in the period of "new normal" Turkey will be an alternative global power in production,...
Turkey’s exports ‘left worst behind’ in April: Minister
The Turkish exports neared $10 billion last month in the shadow of the coronavirus pandemic, down 40.9 percent from the same month last year,...
