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.

Iraqi Delegation Due in Tehran to Sort Out Gas Export Problems 17 Feb 2022

Iraqi Delegation Due in Tehran to Sort Out Gas Export Problems

Iranian Chairman of Iran-Iraq Chamber of Commerce Mr. Yahya Ale Eshaq says an Iraqi delegation is to visit Tehran to talk on ways of settling Iraq’s debts for export of energy and electricity.

300m of FDI Absorbed From UAE 17 Feb 2022

300m of FDI Absorbed From UAE

Head of Iran Trade Promotion Organization Alireza Payman Pak says during interactions in recent months Iran has attracted some $300m of foreign investment from the UAE which will come into effect in four or five months.

Iran Urged to Invest in Mega Projects in Cuba 17 Feb 2022

Iran Urged to Invest in Mega Projects in Cuba

Iran’s Ambassador to Cuba Mr. Mohammad Hadi Sobhani has urged Iran to invest in mega projects in Cuba saying that Iran can invest in the renewable energies in Cuba because Havana is to provide 25% of its required energies through renewable energies by 2030.

Tehran, Caracas Enjoy Direct Banking Link 16 Feb 2022

Tehran, Caracas Enjoy Direct Banking Link

Iran’s Ambassador to Venezuela Mr. Hojjatollah Soltani says currently all Venezuelan banks are connected to Swiss banks and there is no sanction on those banks and Iran has direct banking connection with Venezuela which can boost the trade between the two countries.

20 Argentinian Companies Due in Tehran for Economic Activities 16 Feb 2022

20 Argentinian Companies Due in Tehran for Economic Activities

Charge d’Affaires of Embassy of Argentina in Tehran Jorge Mariano Jordan in meeting with Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Gholam-Hossein Shafei said that 20 Argentinian companies are to arrive in Tehran for resuming economic cooperation.

Trade between Iran, Oman up 40% in 10 months yr/yr 14 Feb 2022

Trade between Iran, Oman up 40% in 10 months yr/yr

Iranian Ambassador to Oman Ali Najafi has said the value of trade between the two countries increased by 40 percent in the first 10 months of the current Iranian calendar year (March 21, 2021-January 20, 2022) compared to the same period in the previous year.

Investment Capitals Flying From FZs to Turkey, UAE 14 Feb 2022

Investment Capitals Flying From FZs to Turkey, UAE

Secretary of the Supreme Council of Free Trade-Industrial and Special Economic Zones criticized recent moves in Majlis for levying tax in free zones and said the amount of investment flight from free zones to Turkey has been considerable in recent years and today the country sees the capital flight for investment to the UAE.

Bank loans to economic sectors increase over 59% 13 Feb 2022

Bank loans to economic sectors increase over 59%

Iranian banking system has paid 22.964 quadrillion rials (over $86.1 billion) of facilities to domestic economic sectors in the first 10 months of the current Iranian calendar year (March 21, 2021-January 20, 2022), registering a 59.4-percent rise from the same period in the previous year, Mehr News Agency reported.

Iran Saffron Exports Down 63% 13 Feb 2022

Iran Saffron Exports Down 63%

A member of the board of directors of Iran’s National Saffron Council says according to the statistics released by Iran’s Customs Administration, Iran’s exports declined around 63% last month comparing to the same period last year and all should work to diagnose the reason and to find solution for it.

Pakistanis Keen to Launch Joint Shipping Line With Iran 13 Feb 2022

Pakistanis Keen to Launch Joint Shipping Line With Iran

Iran’s Ambassador to Pakistan Seyed Mohammad Ali Hosseini during a joint online meeting with the Head of Iran’s Ports and Marine Organization (PMO) Mr. Ali Akbar Safaee said Pakistanis are eager to broaden all-out cooperation with Iran in the field of port and marine transportation especially in launching joint shipping line with Iran.