Market

BAKU: The iron ore concentrate production of 10 major Iranian companies grew by 7.5 percent compared to the same period last Iranian year (from March 21, 2023 through January 20, 2024), compared to the same period last year, Trend reports.

As indicat…

BAKU: More than 63,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on March 2, Trend reports.

Of the mentioned volume, 8,51 tons will be on sale on the domestic ring of the energy exchange.

The following…

BAKU: The sales of the National Iranian Copper Industries Company (NICICO) increased by 49 percent during the first eleven months of the current Iranian year (March 21, 2023 through February 19, 2024), compared to the same period last Iranian year, Am…

BAKU: A suite of 15 cooperation documents was inked between Iran and Russia during the 17th Iran-Russia Joint Economic Cooperation Commission session, on February 28, said Javad Owji, Iran’s Minister of Oil and the Iranian co-chair of the commission, …

BAKU: Hungary and Iran have signed an agreement on cooperation in the agricultural sector, announced the Minister of Foreign Affairs of Hungary Péter Szijjártó, Trend reports.

According to him, agreement opening new trade opportunities in agriculture…

BAKU: The implementation of the Carbon in Leach (CIL) project in Azerbaijan has attracted a total investment of 380 million manat ($223.5 million), said Chairman of the Board of AzerGold CJSC Zakir Ibrahimov during the press conference dedicated to th…

BAKU: The first phase of the Chovdar field in Azerbaijan produced 243,400 ounces of gold, Chairman of the Board of Azerbaijan’s AzerGold CJSC Zakir Ibrahimov said during a press conference on the results of activities for 2023, Trend reports.

Accordi…

BAKU: The non-oil trade between Iran and Uzbekistan was around 415,000 tons, valued at approximately $327 million in the first nine months of the current Iranian year (March 21 through December 21, 2023), Trend reports.

Meanwhile, the two countries t…

BAKU: Iran intends to sign free trade agreements with four countries, the head of the Trade Promotion Organization of Iran (TPOI), Mehdi Zeighami said, Trend reports.

He spoke at a conference in Tehran on January 23, where he announced the 6th Iran E…