INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.