Saturday, 5 April , 2025
  • Iran and Turkmenistan Agree to Launch Passenger Train Service 05 Apr 2025

    Iran and Turkmenistan Agree to Launch Passenger Train Service

    TEHRAN - In a significant move aimed at strengthening bilateral ties, Iran and Turkmenistan have reached an agreement to launch a trial passenger train service and increase cargo capacity to 400 wagons. The announcement was made by the Iranian Minister of Roads and Urban Development, Farzaneh Sadegh, upon her return from Ashgabat, Turkmenistan.

Oil sector inks co-op MOUs with domestic knowledge-based firms 20 Dec 2021

Oil sector inks co-op MOUs with domestic knowledge-based firms

  Iranian Oil Industry Innovation and Technology Park signed four memorandums of understanding (MOU) with the country’s knowledge-based companies on Monday to cooperate in a variety of areas, Shana reported.

Devaluation of Turkish Currency a Threat to Iran’s Exports 20 Dec 2021

Devaluation of Turkish Currency a Threat to Iran’s Exports

Head of Iran's Export Confederation Mohammad Lahooti says current devaluation of Turkey’s national currency lira has boosted the country’s exports and it can affect Iran’s important export markets like Iraq and Russia and it is a serious threat.

Non-oil trade with neighbors stands at $33b in 8 months 19 Dec 2021

Non-oil trade with neighbors stands at $33b in 8 months

The value of Iran’s non-oil trade with its neighbors stood at $33 billion during the first eight months of the current Iranian calendar year (March 21-November 21), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

3 Iranian Trade Centers to Be Launched in China 2022 19 Dec 2021

3 Iranian Trade Centers to Be Launched in China 2022

  Head of Iran-China Trade Center Majid Reza Hariri says three Iranian trade centers will be launched in China in 2022 which will help the non-oil goods exports to China.

Iran Exports to Europe Up Dramatically in October 19 Dec 2021

Iran Exports to Europe Up Dramatically in October

  Iran's exports to the European Union reached above 103 million euros in October, the highest since the end of 2018.

Govt. prepares package to support stock market 18 Dec 2021

Govt. prepares package to support stock market

Head of Iran’s Securities and Exchange Organization (SEO) Majid Eshqi has said a 10-part support package has been prepared for supporting the stock market and Finance and Economic Affairs Minister Ehsan Khandouzi is going to unveil the package soon, IRNA reported.

Iran, Hungary sign MOU on economic cooperation 18 Dec 2021

Iran, Hungary sign MOU on economic cooperation

Iran and Hungary signed a memorandum of understanding (MOU) for the expansion of economic cooperation on Thursday, IRIB reported.

Iran Set to Boost Energy Cooperation With Azerbaijan republic, Russia 18 Dec 2021

Iran Set to Boost Energy Cooperation With Azerbaijan republic, Russia

Energy Minister Aliakbar Mehrabian further stressed the importance of enhancing cooperation with Baku and working together to complete two jointly-owned dams while also highlighting closer cooperation with Russia.

Uzbekistan to Join Chabahar MoU 16 Dec 2021

Uzbekistan to Join Chabahar MoU

Director General of Ports and Maritime Organization (PMO) Ali Akbar Safaei has said that Iran welcomes the Uzbek government's approach to using the capacity of the Chabahar port.

Steel exports rise 22% in 8 months yr/yr 15 Dec 2021

Steel exports rise 22% in 8 months yr/yr

Iran exported over 4.937 million tons of steel during the first eight months of the current Iranian calendar year (March 21-November 21), which was 22 percent more than the figure of the same period of time in the past year.