Thursday 11 February 2016
 
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Exports

Egypt’s Al-Bustaniya aims to increase exports

Egypt’s Al-Bustaniya Agricultural Development plans to invest EGP25 million ($3.19 million) to support development of the company and increase exports by 20 per cent for the current season, a report said. The exports of vege

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Iran exports saffron worth $110m in 10 months

Iran exported more than 76 tonnes of saffron worth $110 million in the 10 months to January 20, said a report. The amount of saffron exports has experienced a 35 per cent drop compared to the same period last year due to fluctuati

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Iraq's January oil exports rise slightly

Iraq's southern oil exports rose slightly in January to an average of 3.285 million barrels per day (bpd), from 3.215 million bpd the previous month, the oil ministry said on Monday.   Production from souther

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Iran crude exports hit 2-year high, up more than 20pc

Iran's oil exports are set to rise more than a fifth in January and February from last year's daily average, data from a source with knowledge of its loading schedules shows, revealing how Tehran is ramping up sales after the lifting o

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Turkey targets $155.5bn exports this year

Turkish businesses are targeting $155 billion in exports in 2016, an 8 percent increase on last year, the head of the Turkish Exporters' Assembly said on Wednesday. Exports in 2015 were $144 billion, Mehmet Buyukeksi, the head

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China fiberglass firm to raise Egypt spend

China-based Jushi Group, the world's largest manufacturer of fiberglass, is aiming to raise its annual production level to 200,000 metric tonnes in Egypt. Jushi Egypt for Fiberglass Industry, a subsidiary of Jushi Group, expor

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Iran's return poses new questions for oil price

Free of international sanctions, unfettered Iranian oil exports might be expected to drive prices further below $30 a barrel.   But market participants say the removal of trade restrictions was so well trailed th

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Oil hits lowest since 2003 as Iran sanctions are lifted

Oil prices hit their lowest since 2003 in early trading on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country at the weekend. On Saturday, the UN nuclear watchdog said Teh

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Oil hits lowest since 2003 as Iran sanctions are lifted

Oil prices hit their lowest since 2003 in early trading on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country at the weekend. On Saturday, the UN nuclear watchdog said Teh

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Iran says boosting oil exports depends on future demand

A rise in Iran's crude oil exports once sanctions against it are lifted depends on future global oil demand and should not further weaken oil prices, senior officials were quoted as saying.   Oil Minister Bij

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