Wednesday, 19 November , 2025
  • Iran, China Hold Initial Talks on Electric Rail Link 18 Nov 2025

    Iran, China Hold Initial Talks on Electric Rail Link

    TEHRAN - Minister of Roads and Urban Development announced that preliminary talks have been held on establishing an electric railway connection from Sarakhs to Cheshmeh Soriya as part of a broader plan to link China to Europe by rail.

WB sees Iranian economy expanding 2.4% in 2022 17 Jan 2022

WB sees Iranian economy expanding 2.4% in 2022

Iranian economy is projected to grow by 2.4 percent in 2022 as oil production and industrial activity rebound in the country, according to the World Bank’s Global Economic Prospects (GEP) report released earlier this month.

$2.7b of Goods Exported to Persian Gulf States 17 Jan 2022

$2.7b of Goods Exported to Persian Gulf States

The managing director of Customs Organization of western Hormozgan said here that since the beginning of the current Iranian year (March 21, 2021) two million and 49,000 tons of goods worth two $2.775bwas exported to the southern Persian Gulf littoral countries.

Iran-Russia Trade Soars 41% in 9 Months 17 Jan 2022

Iran-Russia Trade Soars 41% in 9 Months

Trade volume between Russia and Iran has increased 12 percent in terms of weight and 41 percent in terms of value in the first nine months of this Iranian calendar year (March 21, 2021 to December 21, 2021), according to an Iranian official.

Rail transit through Iran hits new record high 16 Jan 2022

Rail transit through Iran hits new record high

Transit of goods through Iran’s railway network rose over 200 percent during the first nine months of the current Iranian calendar year (March 21-December 21, 2021) to register the highest year-on-year increase over the past 10 years, IRIB reported.

Cement Export Down $12% 16 Jan 2022

Cement Export Down $12%

Secretary of Cement Industry Employers Association says the country haس exported 3.2m tons of cement in the first three quarters of the current year which shows 12% decline comparing to the same period last year.

Iran Boosts Sales to Uzbekistan 16 Jan 2022

Iran Boosts Sales to Uzbekistan

In 2021, Iran saw its exports of fruit and vegetables fall by 6 per cent on the back of a sharp decline in sales to the likes of Iraq, Russia, China and Afghanistan.

Smuggled Iran Fuel Fetches UAE $20b Per Year 16 Jan 2022

Smuggled Iran Fuel Fetches UAE $20b Per Year

The Advisor to President and Secretary of the Supreme Council of Free and Special Economic Zones says the UAE earns some $20b annually for bunker fuel and in fact offering services to the ships and vessels in the Persian Gulf which move towards Fujairah Port and unfortunately major part of the bunk fuel of the UAE is provided by the ships which smuggle fuel from Iran to Fujairah.

Oil Minister Expects Good News on Energy Cooperation With Russia 16 Jan 2022

Oil Minister Expects Good News on Energy Cooperation With Russia

Oil Minister Javad Owji has predicted that there will be good news related to cooperation with Russia in the energy sector as the Islamic Republic pursues a policy of neutralizing illegal U.S. sanctions through enhancing ties with friendly countries.

Deals to implement Iran-China 25-year co-op agreement to be signed in coming months 15 Jan 2022

Deals to implement Iran-China 25-year co-op agreement to be signed in coming months

Iranian Finance and Economic Affairs Minister Ehsan Khandouzi has said the 25-year comprehensive cooperation agreement between Iran and China is going to be realized through a series of executive deals which the two countries are going to start signing in the coming months.Iranian Finance and Economic Affairs Minister Ehsan Khandouzi has said the 25-year comprehensive cooperation agreement between Iran and China is going to be realized through a series of executive deals which the two countries are going to start signing in the coming months.

Iran, Syria to establish joint free zone, bank 15 Jan 2022

Iran, Syria to establish joint free zone, bank

Iran and Syria have reached primary agreements for the establishment of a joint free zone and a joint bank, Iranian Transport and Urban Development Minister Rostam Qasemi announced.