Search Site

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Iran agricultural, food exports hit US$5.5bn in 11 months

The global food prices reached 18-month high in October. (AFP)
  • Iraq was the biggest importer of Iranian agricultural and food products worth US$1.7 billion.
  • The UAE was the second largest importer of Iranian agricultural and food products worth $675 million

TEHRAN, IRAN – The Ministry of Industry, Mine, and Trade said that Iran exported fisheries, livestock, agricultural and food products worth US$5.5 billion to over 130 countries during the first eleven months of the year.

Rouhollah Latifi, the spokesperson for the Trade Development Commission at the Iranian Ministry of Industry, Mine, and Trade said that Iran exported fisheries, livestock, agricultural and food products worth $5.593.399.727.

He said that this represents a 23 percent increase in value compared to the same period last year, Mehr news agency reported.

Latifi said that Iraq was the biggest importer of Iranian agricultural and food products, with imports worth $1.784.930.000.

The UAE followed with $675.783 million, then Russia with $464.572 million, Pakistan with $447.774 million and Afghanistan with $383.491 million.

He said that India, Turkey, China, Turkmenistan and Azerbaijan were the sixth to 10th largest importers of Iranian agricultural and food products during the same period.