1142 GMT May 25, 2022
Egypt expects the Suez Canal's revenues to reach about $7 billion by the end of the current fiscal year, Finance Minister Mohamed Maait said on Saturday.
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U.S. Ambassador to the United Nations Linda Thomas-Greenfield said Friday that global food shortages due to the Russia-Ukraine conflict have reached the highest level of alarm.
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The total volume of foreign investment in Iran’s industry, mining, and trade sectors increased by 52.2 percent to reach more than $3.7 billion over the last calendar year compared to the year before.
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Iran’s trade with Oman increased significantly in 2021 and there is room for it to grow even further if the capacities are identified, according to an Iranian trade official.
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The Iran Mercantile Exchange (IME) announced that more than 2.16 million tons of commodities, valued at over $679 million, were traded in its domestic trading and export halls in the week closing on May 20.
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Iranian Ambassador to Azerbaijan Abbas Mousavi met with Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev on Saturday and called for the implementation of previously achieved agreements between Iran and Azerbaijan.
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The project manager of the Agriculture Ministry’s Smart Irrigation Systems Development Program said 2.6 million hectares of the country’s farmlands have been equipped with modern irrigation systems.
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Iran imported $5.226 billion worth of wheat and raw edible oil during the year to March 20, the Government Trading Corporation of Iran (GTC) announced.
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More Americans applied for jobless aid last week as applications for unemployment benefits rose by 21,000 to 218,000 for the week ending May 14, the United States Department of Labor reported.
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A very large Iranian crude carrier is set to discharge two million barrels into an oil terminal in China this week after Western media reports claimed that Beijing might be replacing Iran’s barrels with cheaper Russian shipments.
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