Iran’s Travel Agencies Ready to Launch Tourism Corridor With Egypt
TEHRAN - The Iranian Association of Travel Agencies has announced its full readiness to swiftly launch tourism tours between Iran and Egypt, following recent diplomatic efforts to revive tourism ties between the two countries after nearly five decades of severed relations.
Uzbekistan Urged to Lift Visa Requirements for Iranians as Bilateral Trade Targets $1b
TEHRAN - In a significant diplomatic and economic development, the President of Iran’s Chamber of Commerce has called on Uzbekistan to lift visa requirements for Iranian citizens, aiming to strengthen commercial and tourism ties between the two nations. The appeal was made during the Iran-Uzbekistan Business Forum held at Tehran’s Sa’dabad Palace, coinciding with the joint commission meetings between the two countries.
Iran Proposes Practical Steps to Boost Regional Trade at ECO Meeting
TEHRAN - The head of Iran’s Trade Promotion Organization (TPO), Mohammad Ali Dehghan Dehnavi, has presented a series of practical proposals aimed at enhancing regional trade among member countries of the Economic Cooperation Organization (ECO), stressing the current insufficiency of intra-regional trade volumes.
Kish Gas Field Refinery to Be Constructed Soon
TEHRAN - The CEO of Pars Oil and Gas Company has announced plans to construct a refinery in the Aftab Kish area, highlighting that the Kish gas field has a daily production capacity of 75 to 100 million cubic meters of gas.
Iran Rules Out Gas Exports to Europe for Now
TEHRAN - The Managing Director of the National Iranian Gas Company (NIGC), Majid Tavakoli, stated that Iran is hopeful about the operationalization of its gas deal with Turkmenistan, while confirming that there are currently no plans to export gas to Europe.
Iran Plans $10b Investment in Oil Industry by Year-End
TEHRAN – Oil Minister Mohsen Paknejad announced plans to invest approximately $10 billion in the country’s oil sector by the end of the current Iranian year (March 2026), with the completion of over 30 major oil projects listed as a key priority.
Kerman, Bukhara Propose Joint Carpet Market
TEHRAN - In a bid to revive the global recognition of two historic carpet-producing cities, Kerman and Bukhara, a joint market for their traditional handwoven rugs is being proposed. Seyed Mehdi Tabibzadeh, head of the Kerman Chamber of Commerce, emphasized the importance of collaborative efforts between the two cities to restore the reputation of Kerman and Bukhara carpets, which are currently being produced and marketed under these names by third-party countries.
Iran, Tajikistan Begin Expanding Industrial and Trade Cooperation
TEHRAN - The Islamic Republic of Iran and the Republic of Tajikistan have officially begun expanding their industrial and trade cooperation, marking a new chapter in the bilateral relationship between the two nations.
Iran Faces $20 Billion Annual Loss Over FATF Non-Membership
TEHRAN - Iran incurs an estimated annual loss of $20 billion due to its non-membership in the Financial Action Task Force (FATF), according to Hossein Salimi, Chairman of the Iranian and Foreign Joint Investment Association. Speaking with ILNA News Agency, Salimi stressed that joining the global financial watchdog is crucial for Iran’s economic recovery and access to international credit.
Iran and Egypt Open New Chapter in Strategic Tourism Cooperation
TEHRAN - In a significant diplomatic development, Iran’s Minister of Cultural Heritage, Tourism and Handicrafts, Seyyed Reza Salehi Amiri, announced a new era of strategic cooperation between Iran and Egypt in the field of tourism, marking a turning point in bilateral relations between the two historically and culturally rich nations.