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.
Egypt expects Suez Canal revenues to hit $7b by end of fiscal year
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.
UN ambassador: Global food shortages have reached level 10
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.
Industry Ministry: Foreign investment rose 52% last year
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.
Iran-Oman trade underwent significant growth in 2021: Official
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.
IME weekly trade exceeds $679m
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.
Iran's envoy urges implementation of Iran-Azerbaijan accords
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.
Iran establishes modern irrigation systems
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.
Iran imports over $5b worth of wheat, oil
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.
US jobless claims highest since January
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.
China to receive 2m barrels of Iranian oil

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