Sunday, 23 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Gov’t Awards $7b Oilfield Contract to Domestic Consortium 07 Jul 2022

Gov’t Awards $7b Oilfield Contract to Domestic Consortium

The government awarded a major oilfield development contract to a consortium of local banks and petroleum companies.

President Calls for Strengthening Trade With Regional States 07 Jul 2022

President Calls for Strengthening Trade With Regional States

President Seyed Ebrahim Raisi says large economic companies have been activated as the driving force of the country's economy, and people will witness the fruits and results of these actions in the near future.

The period of discussion of constitutional amendments has been extended in Uzbekistan until July 15 06 Jul 2022

The period of discussion of constitutional amendments has been extended in Uzbekistan until July 15

The term for the nationwide discussion of the draft law, which is planned to amend the Constitution of Uzbekistan, has been extended until July 15, 2022. This decision was made on July 4 at the Plenary Session of the Legislative Chamber of Oliy Majlis of the Republic of Uzbekistan (Parliament).

11th Int’l Exhibition of Elevators Opens in Tehran 06 Jul 2022

11th Int’l Exhibition of Elevators Opens in Tehran

The 11th International Exhibition of Elevators and Escalators Elevating Conveyors and Accessories was inaugurated yesterday at Tehran’s International Permanent Fairground.

Iran, Uzbekistan Ready to Sign Trade Agreements 06 Jul 2022

Iran, Uzbekistan Ready to Sign Trade Agreements

Head of Iran Trade Promotion Organization Mr. Alireza Payman-Pak during his recent visit to Uzbekistan made the ground ready for signing some trade agreements which will be signed during Iranian President’s visit to Uzbekistan in September.

$7bn to Be Invested in Azadegan Oilfield Development 06 Jul 2022

$7bn to Be Invested in Azadegan Oilfield Development

Oil Minister of Javad Owji says an investment of 7 billion dollars was planned in the development of Azadegan Oilfield, most of which to be provided by Iranian banks, development companies and the National Development Fund of Iran (NDFI).

Monthly non-oil trade increases 3% 05 Jul 2022

Monthly non-oil trade increases 3%

The value of Iran’s non-oil trade increased three percent in the third Iranian calendar month Khordad (ended on March 21), from the same month of the previous year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Senegal Welcomes Iranians’ Investments 05 Jul 2022

Senegal Welcomes Iranians’ Investments

Ambassador of Senegal to Tehran Mr. Salion Niang Deing in his meeting with economic activists of Alborz Province Chamber of Commerce said his country welcomes Iranians for investment in different fields especially in the pharmaceutical industries.

Iran’s daily refining capacity exceeds 2.2m barrels: OPEC 04 Jul 2022

Iran’s daily refining capacity exceeds 2.2m barrels: OPEC

The Organization of Petroleum Exporting Countries (OPEC), in its Annual Statistical Bulletin 2022, has put Iran’s daily refining capacity in 2021 at 2.202 million barrels, indicating 1,000 barrels per day (bpd) increase compared to 2020.

Easing Money Exchange Prerequisite for Boosting Iran-Tanzania Trade Ties 04 Jul 2022

Easing Money Exchange Prerequisite for Boosting Iran-Tanzania Trade Ties

In a trade webinar between Iran and Tanzania, both countries explored ways to remove hurdles in way of bilateral trade and called for removing banking and transportation hurdles.