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.

Turkey Replaces India as Iran’s Export Market 11 Aug 2021

Turkey Replaces India as Iran’s Export Market

Head of Iran's Export Confederation Mohammad Lahooti says Turkey has replaced India as one of Iran’s major destinations for its exports, adding that Iran’s exports this year has grown.

Transit of goods via Iran rises 48% in a month 10 Aug 2021

Transit of goods via Iran rises 48% in a month

Transit of goods via Iran has risen 48 percent in the fourth Iranian calendar month Tir (June 22-July 22), as compared to the same month of the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Iran’s petchem revenues to reach $50b by 2027 10 Aug 2021

Iran’s petchem revenues to reach $50b by 2027

Iran’s National Petrochemical Company (NPC) is planning the fourth leap of the petrochemical industry, based on which the country’s petrochemical revenues are expected to reach $50 billion by the Iranian calendar year 1406 (starts in March 2027), according to NPO Managing Director Behzad Mohammadi.

Oil industry taking big steps for promoting innovation, technology 10 Aug 2021

Oil industry taking big steps for promoting innovation, technology

As one of the major pillars of the Iranian economy, the oil industry has been evolving continuously over the past four decades and with the world stepping into the new era of technological advances the Iranian oil industry too has been taking new steps in this regard.

Petchem Industry to Earn Iran $21.5b by Yearend 10 Aug 2021

Petchem Industry to Earn Iran $21.5b by Yearend

Head of Iran's National Petrochemical Company (NPC) Behzad Mohammadi says for the first time this year, the revenues of petchem industry will hit $21.5b, adding that by the yearend, some 43m tons of final petrochemical products will be produced and 33m tons of it to be exported.

NIOC’s monitoring center officially launched 09 Aug 2021

NIOC’s monitoring center officially launched

The monitoring center of the National Iranian Oil Company (NIOC) was officially inaugurated in a ceremony attended by the outgoing Oil Minister Bijan Namdar Zanganeh on Sunday, Shana reported.

Iran, Brazil mulling over expansion of mining cooperation 09 Aug 2021

Iran, Brazil mulling over expansion of mining cooperation

Iran and Brazil are considering expansion of cooperation in the mining sector, according to the Head of Iran Mine House (IMH) Mohammadreza Bahraman.

Exports from South Khorasan increases 41% in 4 months 09 Aug 2021

Exports from South Khorasan increases 41% in 4 months

The value of exports from Iran’s eastern South Khorasan province rose 41 percent in the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, according to a provincial official.

Iran Trade With EAEU States Falls by 3% Last Year 09 Aug 2021

Iran Trade With EAEU States Falls by 3% Last Year

Iran’s trade with the Eurasian Economic Union (EAEU) members stood at $3.4b last year which shows 3 percent decline comparing to the preceding year.

IME’s value of weekly trades doubled 08 Aug 2021

IME’s value of weekly trades doubled

The value of trades doubled at Iran Mercantile Exchange (IME) in the past Iranian calendar week (ended on Friday).