INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Iran’s non-oil exports reach US$19.3bn in March to July 2023

ACI’s exports to India declined during the first two months of 2024 to US$102 million (Tasnim)
  • Also 14.4 million tons of non-oil goods, valued at US$24.2 billion were imported into the country from March 21, 2023 to July 22, 2023.
  • In this period, China, Iraq, the United Arab Emirates (UAE), Turkey and India were Iran’s main export markets respectively.

TEHRAN, IRAN – Some 56 million tons of non-oil goods, valued at US$19.3 billion, were exported in the first five months of the current Iranian calendar year, the Islamic Republic of Iran Customs Administration (IRICA) announced on Tuesday.

Also, 14.4 million tons of non-oil goods, valued at US$24.2 billion, were imported into the country from March 21, 2023 to July 22, 2023, registering a 2.17 and 7.49 percent hike in weight and value respectively compared to last year’s corresponding period, IRICA added.

The export volume of non-oil goods, with kerosene, fuel oil and luggage trade excluded, showed an 8.55 percent decrease in value and 26 percent increase in weight, the report added.

In this period, China, Iraq, the United Arab Emirates (UAE), Turkey and India were Iran’s main export markets respectively.

China imported $5.6 billion worth of products from Iran in the first five months of the current Persian calendar year.

Given the significance attached to foreign transit via Iranian land and territory, 6.2 million tons of products were transited via Iran, showing a 5.4-percent hike compared to the same period last year.