Wednesday, 26 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.

Annual bank loans paid to knowledge-based firms up over 108% 29 May 2022

Annual bank loans paid to knowledge-based firms up over 108%

Iranian banking system paid 669.4 trillion rials (about $2.585 billion) of facilities to 1,362 knowledge-based companies in the past Iranian calendar year 1400 (ended on March 20), to register a 108.2 percent rise compared to the preceding year 1399.

Iranian, Omani Trucks Allowed to Cross Turkmenistan Border From June 1 29 May 2022

Iranian, Omani Trucks Allowed to Cross Turkmenistan Border From June 1

Director-General of Transit and International Transportation Affairs Bureau of Iran Road Maintenance and Transportation Organization (RMTO) says a meeting will be held with the presence of Ashgabat Treaty members states like Oman, Iran, Turkmenistan and Uzbekistan and since these countries are TIR Carnet Convention members, it will be possible for the crossing of Iranian and Omani trucks in those countries and all of these issues will be discussed in the meeting.

Iran ranks 43rd among world’s top importers of food products 28 May 2022

Iran ranks 43rd among world’s top importers of food products

Despite being the 17th most populous country in the world, Iran is ranked 43rd in the world in terms of food imports, the latest data released by the United Nations Food and Agriculture Organization (FAO) shows.

Iran eyeing new destinations for oil shipments: NIOC 28 May 2022

Iran eyeing new destinations for oil shipments: NIOC

The managing director of the National Iranian Oil Company (NIOC) has said Iran is looking into potential new destinations for the country’s oil cargoes to diversify the list of oil buyers, IRNA reported

Tehran, Rome Seek Developing Cooperation on Cooperatives 28 May 2022

Tehran, Rome Seek Developing Cooperation on Cooperatives

In an online meeting, Head of Iran Chamber of Cooperatives (ICC) and Head of Italian Association of industrial and service cooperatives (Legacoop) both explored ways to develop and broaden cooperation on cooperatives.

RAI inks co-op MOU with Kazakhstan national railway 25 May 2022

RAI inks co-op MOU with Kazakhstan national railway

The heads of the railways of Iran and Kazakhstan signed a memorandum of understanding (MOU) to increase transportation cooperation and set preferential tariffs between the two countries in order to increase the transit of goods passing through Iran.

India Keen to Invest in Iran’s Auto Industry 25 May 2022

India Keen to Invest in Iran’s Auto Industry

Chairman of International Committee for MENA Region of India’s PHD Chamber of Commerce and Industry (PHDCCI) Mr. Vijay Mehta says India is keen to invest in Iran’s auto industry and expressed hope for removal of current problems in way of economic cooperation between the two countries.

Tehran, Havana to form working group on mining cooperation 24 May 2022

Tehran, Havana to form working group on mining cooperation

Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Vajihollah Jafari said his organization is going to form a joint working group with Cuba to explore ways of expanding cooperation in the mining sector.

Iran Can Turn Into a Hub for Kazakhstan Exports 24 May 2022

Iran Can Turn Into a Hub for Kazakhstan Exports

Minister of Industry, Mines, and Trade Seyed Reza Fatemi Amin announced the export of home appliances, medical equipment, and medicine to Kazakhstan while it was reiterated that Iran can turn into a hub for Kazakhstan exports.

Iran to use legal channels to secure water rights from Helmand 23 May 2022

Iran to use legal channels to secure water rights from Helmand

The Islamic Republic of Iran will pursue its rights for water supply from Helmand River through legal channels, an Iranian diplomat said.