Saturday, 5 April , 2025
  • Doubts Over India’s $25m Investment in Chabahar 05 Apr 2025

    Doubts Over India’s $25m Investment in Chabahar

    TEHRAN - Iran's Shipping Association Secretary, Masoud Palmeh, expressed skepticism about India’s promised $220 million investment in Chabahar Port, stating that reports suggest India has only invested around $25 million to $80 million in the port. He stressed that it’s hard to believe even the lower figure of $25 million, as significant improvements in the port are not visible.

42m tons of goods loaded, unloaded at ports in 3 months 28 Nov 2021

42m tons of goods loaded, unloaded at ports in 3 months

  Some 42 million tons of commodities have been loaded and unloaded at Iranian ports in the three-month period since the new government administration took office in August, IRNA reported.

Iran, Turkmenistan, Kazakhstan ink trilateral MOU on railway co-op 28 Nov 2021

Iran, Turkmenistan, Kazakhstan ink trilateral MOU on railway co-op

Iran, Turkmenistan and Kazakhstan have signed a tripartite memorandum of understanding (MOU) on railway cooperation, the portal of the Iranian Transport and Urban Development Ministry reported on Saturday.

Iran-ECO trade grows over 48% in 7 months yr/yr 27 Nov 2021

Iran-ECO trade grows over 48% in 7 months yr/yr

Iran’s trade with the members of the Economic Cooperation Organization (ECO) exceeded $9.233 billion in the first seven months of the current Iranian calendar year (March 21-October 22) to register a 48.5 percent increase year on year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said.

Iran Needs No Permit to Produce Advanced Centrifuges 27 Nov 2021

Iran Needs No Permit to Produce Advanced Centrifuges

The spokesman for the Atomic Energy Organization of Iran (AEOI) has said Tehran does not need permission from anyone when it comes to producing advanced centrifuges as he lamented that the International Atomic Energy Agency (IAEA) is under the influence of the US and its Western allies.

Tajikistan Has Toughened Up Investment Iranians 25 Nov 2021

Tajikistan Has Toughened Up Investment Iranians

Head of Overseas Agriculture Organization says after the tension hit up in relation between Iran and Tajikistan, the latter expelled Iranian investors from the country and toughened up investment situation for Iranians and this bad memory still lives up with Iranians and for this reason Iranians show no interest for investment in this Central Asian country.

Tehran, Berlin Call for Joint Investment 25 Nov 2021

Tehran, Berlin Call for Joint Investment

Iran and Germany in a webinar on Tuesday explored ways for boosting their economic ties and both sides called for joint investment.

Bahraini Bank Ordered to Pay Damage to Iran 25 Nov 2021

Bahraini Bank Ordered to Pay Damage to Iran

Future Bank had been established as a joint venture between Bahrain’s Ahli United Bank and Bank Melli and Bank Saderat of Iran in 2004.

Iran, Belarus discuss expansion of agricultural ties 24 Nov 2021

Iran, Belarus discuss expansion of agricultural ties

During a meeting between Iranian Agriculture Minister Javad Sadati-Nejad and Belarusian Ambassador to Tehran Dmitry Koltsov on Sunday evening, the two sides explored the ways for the expansion of agricultural cooperation.

Brazil Accounts for 60% of Iran’s Basic Goods Imports 24 Nov 2021

Brazil Accounts for 60% of Iran’s Basic Goods Imports

Head of Iran-Brazil Joint Chamber of Commerce says Iran almost imports 60 percent of its basic goods from Brazil and the country is keen to expand its trade with this Latin American country.

Average daily gasoline production stands at 102m liters 23 Nov 2021

Average daily gasoline production stands at 102m liters

Iran is currently producing 102 million liters of gasoline per day on an average basis, the managing director of National Iranian Oil Products Refining and Distribution Company (NIORDC) announced in a press conference on Sunday.