Economy

Iran-China 2-month non-oil trade stands at $4.631b

TEHRAN - The value of non-oil trade between Iran and China stood at $4.631 billion during the first two months of the current Iranian calendar year (March 21-May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
Trade balance in Qeshm FTZ hits $37.8m in 2 months

TEHRAN - Iran’s Free Zones High Council announced that the trade balance of Qeshm Free Trade Zone, in the southern Qeshm Island, was $37.8 million positive in the first two months of the current Iranian calendar year (March 21-May 21).
From mirage to reality: Bubble growth of Tel Aviv Stock Exchange index with political backing

TEHRAN- The Israeli Stock Exchange's TA-125 index has deviated from its long-term average and variance to an unprecedented extent, showing clear signs of the formation of a politically-backed price bubble.

Iran says no shortage of essential goods despite recent attacks

TEHRAN – Iran's minister of industry, mining and trade said on Wednesday that there is no disruption in the supply of essential goods across the country, despite recent unrest following a deadly attack.
Oil Minister assures public of stable fuel supply despite potential local restrictions

TEHRAN – Iran’s oil minister sought to reassure the public on Wednesday, saying there is no concern over fuel availability and that supply remains stable across the country.
Oil prices rise amid escalating Iran-Israel tensions

TEHRAN – Global oil prices climbed on Thursday as mounting fears of a military confrontation between Iran and Israel raised concerns about potential supply disruptions from the oil-rich West Asia.
Iran eyes faster freight transport through active rail diplomacy

TEHRAN – Iran’s railway chief on Thursday highlighted the country’s commitment to enhancing international rail cooperation, saying that active rail diplomacy can accelerate freight movement, reduce costs, and drive economic growth.
Over $11.7b supplied for imports since late March

TEHRAN – The Central Bank of Iran (CBI) has allocated more than $11.7 billion in foreign currency to cover import needs since the beginning of the Persian year 1404 (March 20), according to the Iran Center for Exchange of Currency and Gold.
From mirage to reality: Bubble growth of Tel Aviv Stock Exchange index with political backing

TEHRAN- The Israeli Stock Exchange's TA-125 index has deviated from its long-term average and variance to an unprecedented extent, showing clear signs of the formation of a politically-backed price bubble.
Trade balance in Qeshm FTZ hits $37.8m in 2 months

TEHRAN - Iran’s Free Zones High Council announced that the trade balance of Qeshm Free Trade Zone, in the southern Qeshm Island, was $37.8 million positive in the first two months of the current Iranian calendar year (March 21-May 21).
Iran-China 2-month non-oil trade stands at $4.631b

TEHRAN - The value of non-oil trade between Iran and China stood at $4.631 billion during the first two months of the current Iranian calendar year (March 21-May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
Essential goods adequately stocked

TEHRAN- The chairman of the Tehran Chamber of Guilds announced that there is sufficient storage of basic and essential commodities in the country.
Liquefied propane, natural gas major non-oil exported products in 2 months

TEHRAN- As announced by the head of the Islamic Republic of Iran Customs Administration (IRICA), liquefied propane and natural gas were the major non-oil products Iran exported in the first two months of the current Iranian calendar year (March 21–May 21).