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.

Iran Can Launch Production Centers in Ghana 22 Aug 2021

Iran Can Launch Production Centers in Ghana

The Ambassador of Ghana to Tehran Eric Owusu-Boateng in meeting with Head of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Mr. Gholam-Hossein Shafei said Iran can launch production centers in Ghana and after removal of sanctions both countries can launch direct flight between Tehran and Accra.

Permits issued for establishment of 830 industrial units in Semnan province 15 Aug 2021

Permits issued for establishment of 830 industrial units in Semnan province

  As announced by a provincial official, permits have been issued for the establishment of 830 industrial units in the central Semnan province during the first four months of the current Iranian calendar year (March 21 – July 22).

Iran may need to import wheat as drought cuts harvest 15 Aug 2021

Iran may need to import wheat as drought cuts harvest

Secretary of the Iranian Parliament’s Agriculture Committee has said the country is going to need to import wheat in the current Iranian calendar year (started on March 21), since severe drought has significantly reduced the production of the strategic crop.

Tehranis account for 15% of Iran’s total power consumption 15 Aug 2021

Tehranis account for 15% of Iran’s total power consumption

Capital Tehran accounts for 15 percent of Iran’s total electricity consumption, an official with the country’s Power Generation, Distribution, and Transmission Company (known as Tavanir) announced.

Iran Major Assets in S. Korea Still Blocked 15 Aug 2021

Iran Major Assets in S. Korea Still Blocked

Secretary General of Iran-South Korea Joint Chamber of Commerce Pouya Firouzi says Iran’s major assets in South Korean banks have not been unblocked yet and talks with this country will resume soon.

14 Aug 2021

Jask oil terminal’s offshore pipeline completed

The construction of the offshore oil pipeline of the Jask crude oil export terminal has been completed, the operator of Jask oil terminal project in southern Iran announced.

Annual transit of goods via Iran anticipated to hit 11m tons by next March 14 Aug 2021

Annual transit of goods via Iran anticipated to hit 11m tons by next March

  Transit of goods via Iran is forecast to reach 11 million tons in the current Iranian calendar year (to end on March 20, 2022), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Bank loans to economic sectors up over 280% 14 Aug 2021

Bank loans to economic sectors up over 280%

  Iranian banking system has paid 7.01 quadrillion rials (over $166.9 billion) of facilities to domestic economic sectors in the first four months of the current Iranian calendar year (March 21-July 22), registering a 280.4 percent rise from the figure for the same period in the previous year.

Oil minister candidate releases future plans 14 Aug 2021

Oil minister candidate releases future plans

Javad Owji, who is President Raisi’s suggested candidate for the Oil Ministry, has released a comprehensive program for the development of the country’s oil and gas industry during his tenure, Shana reported.

400 idle industrial units revived since late March 14 Aug 2021

400 idle industrial units revived since late March

The head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced that 400 idle industrial units have been revived in the country since the beginning of the current Iranian calendar year (March 21).