Iran to Produce 5,000 Electric, Hybrid Cars by March 2025
TEHRAN (Tasnim) – An official at Iran’s Ministry of Industry unveiled plans to manufacture 5,000 electric and hybrid passenger cars in the country by the end of the current Iranian year, which will end on March 20, 2025.
Nvidia Shares Plummet 9.5% in Historic Market Value Drop Amid AI Concerns
TEHRAN (Tasnim) - Shares of Nvidia fell 9.5% on Tuesday, marking the largest single-day decline in market value for a US company, as investors reassessed their optimism about AI amid a broader market selloff.
President Lays Out Plan to Stimulate Iran’s Trade in Foreign Visits
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian outlined a scheme to trigger an economic boom and boost trade exchanges through talks during his trips to various foreign countries.
Iran’s Non-Oil Exports Hit $21.9 Billion in 5-Months Period: IRICA
TEHRAN (Tasnim) – The president of the Islamic Republic of Iran Customs Administration (IRICA) put the country’s non-oil exports in the first five months of the current Iranian calendar year (started March 21, 2024) at $21.9 billion.
President Outlines Plans for Iran’s Economic Growth
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian referred to recommendations made by experts for achieving the target of 8% economic growth in the country, unveiling plans to attract massive investment and build trust among economic stakeholders.
Iran Exporting Technical, Engineering Services to 10 Countries: Official
TEHRAN (Tasnim) – Iran exports technical and engineering services to ten countries, namely Tajikistan, the Republic of Azerbaijan, Afghanistan, Iraq, Bahrain, Kuwait, Georgia, Lebanon, Kazakhstan and Ivory Coast, a deputy minister of industry, mine and trade said.
Russian Official Stresses Need for BRICS Bank to Create Independent Payment System
TEHRAN (Tasnim) – The New Development Bank (NDB) created by BRICS states faces the task of creating an independent system of payments and settlements in order to prevent the adverse effect from third countries on their finances, Russian deputy finance minister said.
China, Iraq Main Buyers of Iranian Goods in 4-Month Period
TEHRAN (Tasnim) – China and Iraq were the main importers of Iranian goods in the first four months of the current Iranian calendar year (March 21 to July 22, 2024).
24th Exhibition of Building Construction Industry underway in Tehran
TEHAN (Tasnim) – The 24th edition of Exhibition of Building Construction Industry is underway at the Tehran Permanent International Fairgrounds.
Russia’s Solyanka Port Ready to Expand Cooperation with Iranian Traders: IRISL Group
TEHRAN (Tasnim) – Russia’s Solyanka Port is ready to develop and expand cooperation with the main traders of grains and Iranian private sector owners of vessels, according to the Islamic Republic of Iran Shipping Lines (IRISL) Group.
Iran, Turkmenistan Agree to Enhance Customs Cooperation
TEHRAN (Tasnim) – The customs officials of Iran and Turkmenistan agreed to increase customs cooperation and increase the volume of trade exchanges.
Oil, Non-Oil-Exports from Iran’s Bandar Anzali Up 46% in 5 Months
TEHRAN (Tasnim) – Oil- and non-oil exports from Bandar Anzali port complex in the first five months of the current Iranian calendar year (March 21, 2024) registered an about 46% rise, an official at Ports and Maritime Organization in Iran’s Gilan province said.
Iran’s Non-Oil Trade with Its 15 Neighbors Up 16% in 5 Months: IRICA
TEHRAN (Tasnim) – Iran’s non-oil trade with 15 neighboring states in the first five months of the current Iranian calendar year (started March 21, 2024) registered a 16% growth compared to the same period last year.
Over 90 Million Tons of Goods Loaded, Unloaded at Iranian Ports in 5 Months
TEHRAN (Tasnim) – The Iranian Ports and Maritime Organization (PMO) said 94,284,476 tons of goods were loaded and unloaded in the country’s ports affiliated with PMO in the first five months of the current Iranian calendar year (started March 21, 2024).
Iran’s Export of Pistachios Up 213% in 5-Month Period: IRICA
TEHRAN (Tasnim) – The Islamic Republic of Iran Customs Administration (IRICA) said the country’s export of pistachios in the first five months of the current Iranian calendar year (started March 21, 2024) registered a major growth compared to the same period last year.
CBI Chief Leaves for India to Attend DPI Conference
TEHRAN (Tasnim) – The governor of the Central Bank of Iran (CBI) left Tehran for Bangalore, India, to participate in the Global Digital Public Infrastructure (DPI) conference.
Iran Exports $1.5 Billion of Agricultural Products in 5 Months
TEHRAN (Tasnim) – The Islamic Republic of Iran Customs Administration (IRICA) said that 2.657 million tons of agricultural products valued at $1.453 billion were exported from the country in the first five months of the current Iranian calendar year (started March 21, 2024).
Over $13.6 Billion of Mining, Minerals Exported by Iran in One Year
TEHRAN (Tasnim) – An official at Iranian Mining and Mining Industries Development and Renovation Organization (IMIDRO) said that the country exported more than $13.6 billion of minerals in the previous Iranian calendar year (ended March 21, 2024).
