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.

Over 46m tons of goods loaded, unloaded at Iran’s ports in 4 months 28 Jul 2021

Over 46m tons of goods loaded, unloaded at Iran’s ports in 4 months

Some 46.18 million tons of commodities have been loaded and unloaded at Iranian ports during the first four months of the current Iranian calendar year (March 21– July 22), an official with the Ports and Maritime Organization (PMO) announced.

WB sees Iranian economy continuing positive growth until 2024 28 Jul 2021

WB sees Iranian economy continuing positive growth until 2024

Iranian economy is projected to grow by 2.1 percent in the current fiscal year (March 2021-March 2022) as the domestic markets are getting back on track and the negative impacts of the coronavirus pandemic begin to wane, according to the World Bank’s Macro Poverty Outlook (MPO) report for spring 2021.

Tehran-Baku Trade Around $500m, Can Be Enhanced 28 Jul 2021

Tehran-Baku Trade Around $500m, Can Be Enhanced

Iran’s former ambassador to Azerbaijan says the volume of the non-oil trade cooperation between Iran and Azerbaijan is around $500m, adding that by launching some projects this figure can increase considerably.

Iran constructs sponge iron production plant for China 27 Jul 2021

Iran constructs sponge iron production plant for China

Iran’s Mines and Metals Company (MME) has established China’s first gas-based sponge iron production unit using the Persian Direct Reduction (PERED) technology, the portal of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported.

Daily electricity demand in Iran tops 65,000 MW 27 Jul 2021

Daily electricity demand in Iran tops 65,000 MW

Daily electricity consumption in Iran is currently over 65,000 megawatts (65 gigawatts), nearly 11,000 MW more than the country’s current power generation, Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi has said.

Quarterly exports to Caspian Sea littoral states nears $329m 27 Jul 2021

Quarterly exports to Caspian Sea littoral states nears $329m

The value of Iran’s exports to the Caspian Sea littoral states stood at $328.917 million in the first quarter of the current Iranian calendar year (March 21-June 21), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

+320,000 tons of copper concentrate produced 27 Jul 2021

+320,000 tons of copper concentrate produced

Iran produced 320,449 tons of copper concentrate during the first three months of the current Iranian calendar year (March 21-June 21), which was three percent more than the figure for the same period of time in the past year.

S. Korean Big Companies Waiting for Iran Deal With West 27 Jul 2021

S. Korean Big Companies Waiting for Iran Deal With West

New South Korea’s Ambassador to Tehran Yun Kanghyeon in meeting with head of Tehran Chamber of Commerce Mr. Masoud Khansari said major South Korean companies are waiting for Iran’s deal with the West to resume cooperation with Tehran.

$742m of facilities paid to SMEs, semi-finished projects 26 Jul 2021

$742m of facilities paid to SMEs, semi-finished projects

Iran’s Ministry of Industry, Mining and Trade’s data show that 31.187 trillion rials (about $742.5 million) has been paid to small and medium-sized enterprises (SMEs) and semi-finished industrial projects with an over 60 percent physical progress during the first three months of the current Iranian calendar year (March 21-June 21).

Iran Indirect Exports to Syria Stood at $660m Last Year 26 Jul 2021

Iran Indirect Exports to Syria Stood at $660m Last Year

A businessman says some 8% of Iran’s exports to Iraq, estimated at $660 million, is rerouted to Syria.