Business

Tehran, IRNA – Iran’s export of mining and mineral industries has exceeded 9.963 billion dollars from March 21, 2022, to January 20, 2023.

The export volume consists of 39.148 million tons of different products of mining industries, indicating three percent growth year-on-year.

The bulk of export items comprised steel and its sub-products 8.685 tons and 4.643 billion dollars in terms of weight and worth respectively, constituting 46.6 percent of total exports of the country.

05 Feb 2023; MEMO: Saudi Energy Minister Prince Abdulaziz bin Salman warned on Saturday Western sanctions against Russia could result in a shortage of energy supplies in future, Reuters reports.

04 Feb 2023; MEMO: Buying and selling in the Egyptian market have halted with the depreciation of the Egyptian pound against the US dollar. On Friday, the exchange rate against the dollar reached 30.2174 Egyptian pounds for purchase and 30.3129 for sale, according to the Central Bank of Egypt.

MOSCOW, February 3. /TASS/: Countries are increasingly convinced that no one is immune to the West’s banditry and expropriation, Russian Foreign Minister Sergey Lavrov told a meeting of the United Russia Party commission on international cooperation and support for compatriots abroad.

"As for the West, President [Vladimir] Putin has aptly called it an 'empire of lies.' The West, and this is confirmed by our contacts, has not been perceived globally as the beacon of democracy for a while now.

02 Feb 2023; MEMO: South Korea has conveyed its preliminary proposal to Turkiye for constructing a major nuclear power plant in Turkiye, local Turkish media reports.

According to the report, Korea Electric Power Corp. (KEPCO) presented the proposal regarding the construction of four reactors capable of providing 1,400 megawatts (MW) of electricity in the northern province of Sinop.

The project is forecast to be worth about 40 trillion won ($32.55 billion).

02 Feb 2023; MEMO: Turkish President Recep Tayyip Erdogan said that there is no legal obstacle to his candidacy for the presidency this summer.

In an interview aired on national TV channel TRT yesterday, Erdogan added that his bid for another presidential term is in line with the law and the constitution.

"The people chose me as the first president in the presidential system," he said.

Vienna, IRNA – Russian Permanent Representative to International Organizations in Vienna Mikhail Ulyanov urged the necessity for all parties to resume negotiations on reviving a multilateral accord reached in 2015 with Iran known as JCPOA and a subsequent removal of all the sanctions on Tehran.

Speaking in an exclusive interview with Sputnik, Ulyanov referred to the stalemate in the talks since September, while noting that it is still premature to say that the JCPOA is dead.

31 Jan 2023; MEMO: Turkiye signed a natural gas purchase agreement with Oman to buy an annual 1.4 billion cubic metres of gas for 10 years, Turkish Energy Minister, Fatih Donmez said, Reuters reports.

According to the report, Minister Donmez said that a delegation from Turkish state energy company, BOTAS, was in Oman for the agreement.

"We will purchase 1.4 billion cubic metres of gas annually and our agreement will be valid for 10 years," Fatih Donmez added.

31 Jan 2023; MEMO: Saudi Arabia's Ministry of Foreign Affairs launched an electronic four-day transit visa on Monday for those arriving in the kingdom by air. The visa will be issued free of charge and will last for up to 96 hours.

The new visa service aims to facilitate visits to the kingdom for all purposes, including stop-overs and those wishing to perform Umrah and visit the Prophet's Mosque in Madinah, or attend tourist events.

31 Jan 2023; MEMO: The money exchange shop in Lebanon's Bekaa Valley was buzzing with business. Cell phones pinged endlessly and employees shouted out various rates as customers flocked in carrying plastic bags of the crashing local currency to buy US dollars, Reuters reports.

"Welcome to the Wall Street of Lebanon," grinned the storefront's owner, a machine gun leaning on a rack behind him in case of a robbery.