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ECONOMY
Iran uses oil barter to add 300 wagons to its railway fleet
Iran imports 300 wagons using funds generated from oil barter with other countries.
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ECONOMY
Iran cuts sugar imports by 12% amid rise in domestic output
Sugar imports in the eight months to late November reached 758,000 tons, down 12% year on year.
SAUDI ARABIA
Saudi Arabia expels Lebanese ambassador in row over Yemen war
Saudi Arabia orders the Lebanese ambassador to the country to leave over the “offensive” remarks made by Lebanese Information Minister George Kordahi regarding the Saudi-led coalition against Yemen.
ECONOMY
Iran to cut sugar imports with increased domestic output
Iran’s domestic sugar output would be enough to meet 70% of the country needs in the year to March.
ECONOMY
Iran cuts imports by $10bn amid growth in manufacturing
Iran has managed to cut back on imports by encouraging growth in its manufacturing sector.
ECONOMY
Iran takes delivery of 150k doses of COVAXIN from India
A first batch of coronavirus vaccines made in India arrives in Iran.
ECONOMY
Iran to begin imports of Russian vaccine this week: Official
Iran’s aviation officials say a first batch of Russian COVID vaccines will arrive in the country this week.
ECONOMY
India supplies overdue cranes to Iran’s Chabahar port
An Iranian official says India has supplied a first batch of port equipment to facilities in Iran’s Chabahar.
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