Tuesday, 18 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.

Iranian heavy crude oil price rises 5.3% in September: OPEC 16 Oct 2021

Iranian heavy crude oil price rises 5.3% in September: OPEC

Iranian heavy oil price increased $3.74 in September to register a 5.3-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Wednesday.

Tehran-Islamabad FTA Needs to Be Signed 16 Oct 2021

Tehran-Islamabad FTA Needs to Be Signed

Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Mr. Gholam-Hossein Shafei during a trade webinar called for signing the free trade agreement between Iran and Pakistan.

Iran Exports to Turkmenistan on Growing Trend 14 Oct 2021

Iran Exports to Turkmenistan on Growing Trend

Chairman of Iran–Turkmenistan Joint Chamber of Commerce Majid Mohammadnejad says Turkmenistan is interested in cooperation with Europeans and it can sound a warning to Iran and Turkmenistan’s neighboring provinces.

Tehran Ready to Resume Exports to Riyadh 14 Oct 2021

Tehran Ready to Resume Exports to Riyadh

Director General of Business Development Services at Trade Promotion Organization says Iran is ready to resume exports to Saudi Arabia if the tension between two countries is reduced and their political ties are restored.

IMF Revises Iran Economic Growth Projection to 2.5% 14 Oct 2021

IMF Revises Iran Economic Growth Projection to 2.5%

The International Monetary Fund (IMF) has lowered its expectation of Iran’s economic growth for 2021 by 0.7% to 2.5%, according to a latest document published by the Fund

Iran able to export engineering, technical services to many countries 13 Oct 2021

Iran able to export engineering, technical services to many countries

Head of Iran’s Planning and Budget Organization (PBO) has said many of the countries in the region are seeking the Islamic Republic’s engineering and technical services and the country can provide them with such services, IRNA reported.

Foreign-Made TVs Account for 40% of Iran’s Market 13 Oct 2021

Foreign-Made TVs Account for 40% of Iran’s Market

Although the country is in under sanction and imports of foreign-made TVs is banned, LG, Samsung and Sony are dominating brands in Iran’s TV market.

Iran urges G-24 to provide financial support to developing countries 12 Oct 2021

Iran urges G-24 to provide financial support to developing countries

The governor of the Central Bank of Iran (CBI) has stressed the need for the financial support of developing countries during the pandemic, in a virtual meeting of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24) on Monday.

Industry Ministry inks MOU with Energy Ministry to build 10,000MW of power plants 12 Oct 2021

Industry Ministry inks MOU with Energy Ministry to build 10,000MW of power plants

Iranian Industry, Mining and Trade Ministry has inked a memorandum of understanding (MOU) with the Energy Ministry for constructing 10,000 megawatts (MW) capacity of power plants across the country.

Iran Importing Tea From Germany 12 Oct 2021

Iran Importing Tea From Germany

Executive Manager of Iran’s Tea Factories Syndicate Mohammad Sadeq Hassani says that Iran has exported 10,000 tons of tea for 97 cents per kilo in the first five months of the current year and in return the country has imported some 33,437 tons of tea for $5 per kilo.