Saturday, 12 July , 2025
  • No Disruption in Iran-Russia Trade During 12-Day War 12 Jul 2025

    No Disruption in Iran-Russia Trade During 12-Day War

    TEHRAN - The recent 12-day war in the region had no significant impact on trade between Iran and Russia, according to Hadi Tizhoush Taban, President of the Iran-Russia Joint Chamber of Commerce. He also reported a notable increase in Iranian exports to Russia during the first quarter of the current Iranian year (spring 2025).

Effect of worn-out industrial machinery in increasing electricity consumption 14 Jul 2022

Effect of worn-out industrial machinery in increasing electricity consumption

Electricity consumption in Iran reached an unprecedented record-breaking level of 67,700 megawatts on Tuesday.

Minister Vows to Curb Inflation in Upcoming Months 14 Jul 2022

Minister Vows to Curb Inflation in Upcoming Months

Minister of Finance and Economic Affairs Ehsan Khandouzi vows the inflation to be curbed in the upcoming months and reiterated that all bodies are focused on controlling the inflation.

Iran, Serbia Call for Setting Up Joint Chamber of Commerce 13 Jul 2022

Iran, Serbia Call for Setting Up Joint Chamber of Commerce

Head of Iran Trade Promotion Organization (TPO) Alireza Peyman-Pak who was leading an economic delegation to Serbia in meeting at the Serbia Chamber of Commerce called for the launch of joint chamber of commerce.

IRISL Assigns 300 Containers to Transport Goods to Russia 12 Jul 2022

IRISL Assigns 300 Containers to Transport Goods to Russia

The Islamic Republic of Iran Shipping Lines (IRISL) has reportedly assigned 300 containers to transport goods to Russia, making the north-south corridor operational again.

Transportation of Goods by IRISL Rises 20% in Q1 12 Jul 2022

Transportation of Goods by IRISL Rises 20% in Q1

Managing Director of Islamic Republic of Iran Shipping Lines (IRISL) says IRISL transported some 27m tons of goods last year which was a new record despite sanctions, and in the first quarter of the current year goods shipment has grown by 20%.

Iran, Qatar sign aviation co-op MOU 11 Jul 2022

Iran, Qatar sign aviation co-op MOU

Iran and Qatar have signed a memorandum of understanding (MOU) to increase cooperation between the aviation industries of the two countries, the spokesman of Iran’s Civil Aviation Organization (CAO) announced.

Goods Transit of Iran, Russia Likely to Rise by 30m Tons 11 Jul 2022

Goods Transit of Iran, Russia Likely to Rise by 30m Tons

Iran and Russia enjoy high potentials and capabilities to increase transit of goods and commodities up to 30 million tons.

Tehran, Moscow to Soon Execute Banking Deals 11 Jul 2022

Tehran, Moscow to Soon Execute Banking Deals

Central Bank of Iran (CBI) Governor Ali Salehabadi says a series of major banking agreements reached between Iran and Russia, including those concerning the use of mutual currencies for bilateral trade, will take effect soon.

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.