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Following a series of trips to various provinces, Iranian President Ebrahim Raisi visited Hormozgan Province in southern Iran on Thursday for the second time during his tenure to meet with provincial officials, follow up on under-way projects and inaugurate several new projects.
The head of Iran’s National Petrochemical Company (NPC) has said 95 percent of the catalysts used in the country’s oil industry are produced by domestic companies, Mehr News Agency reported.
Transit of commodities through Iran increased by 29 percent during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), as compared to the same period of time in the past year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
Iran’s crude oil exports grew by roughly 50 percent in 2023 to a five-year high of about 1.29 million barrels per day (bpd), with the vast majority going to China, Nikkei Asia reported.
The International Monetary Fund (IMF), in its latest quarterly report dubbed World Economic Outlook, has announced that the Iranian economy has outperformed many of the world powers in 2023 with a growth of 5.4 percent.
Iranian automakers produced about 1.107 million vehicles in the first 10 months of the current Iranian calendar year (March 21, 2023-January 20, 2024), an official with the Industry, Mining and Trade Ministry said.
The value of export from Aras Free Trade-Industrial Zone (AFZ), in Iran’s northwestern province of East Azarbaijan, increased by 30 percent during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2023), as compared to the same period of time in the past year, the managing director of Aras Free Trade-Industrial Zone Organization announced.
TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 9,932 points (0.47 percent) to 2,110,335 on Tuesday, which is the fourth day of Iranian calendar week.
The new Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Samad Hassanzadeh has said that considering the country’s capacities Iran’s economy can grow by 2.5 times the current level but the necessary conditions should be provided.
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