Wednesday, 19 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.

ISIPO inks co-op MOU with Armenia’s Investor Support Center 13 Jul 2021

ISIPO inks co-op MOU with Armenia’s Investor Support Center

Iran Small Industries and Industrial Parks Organization (ISIPO) has signed a memorandum of understanding (MOU) with Armenia’s Investor Support Center for cooperation in various areas, including the establishment of joint industrial parks in border areas.

16 major projects soon to be inaugurated in Iranian ports 13 Jul 2021

16 major projects soon to be inaugurated in Iranian ports

Head of Iran’s Ports and Maritime Organization (PMO) has announced that 16 major projects worth over $267 million are going to be inaugurated in the country’s ports by the end of the current week, IRNA reported.

Thermal power plants’ output up 14% in 3.5 months yr/yr 13 Jul 2021

Thermal power plants’ output up 14% in 3.5 months yr/yr

Iran’s thermal power plants generated 106 million megawatt-hours of electricity since the beginning of the current Iranian calendar year (March 21) up to July 13, registering a 14-percent rise compared to the previous year’s same period.

National housing plan’s 2nd group of units handed over to owners 13 Jul 2021

National housing plan’s 2nd group of units handed over to owners

The second group of the national housing plan’s units as well as some of the units under the Mehr Housing initiative were handed over to the applicants in an online ceremony on Monday, IRNA reported.

Tehran, Budapest Call for Revival of Their Trade Volume 13 Jul 2021

Tehran, Budapest Call for Revival of Their Trade Volume

Iran and Hungary have called for revival of the bilateral trade to at least $200b which had been set in 2018 and it has currently declined due to the sanctions and pandemic.

Cabinet approves document on improving industrial productivity 12 Jul 2021

Cabinet approves document on improving industrial productivity

Iran’s cabinet has approved a document on improving the productivity of the industrial sector in a meeting held on June 30, IRNA reported.

Iran rises electricity imports from neighbors 12 Jul 2021

Iran rises electricity imports from neighbors

Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said the country has increased the electricity imports from three neighboring countries to offset the surge in domestic demand, IRNA reported.

New FTZs are planned to be established by next March 12 Jul 2021

New FTZs are planned to be established by next March

As announced by Secretary of Iranian Free Zones High Council Hamidreza Mo'meni, some new free trade zones (FTZs) are planned to be set up in the country in the current Iranian calendar year (March 20, 2022).

Tehran, Budapest explore avenues of mutual economic co-op 12 Jul 2021

Tehran, Budapest explore avenues of mutual economic co-op

Deputy Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Mohammadreza Karbasi met with the Hungarian commercial attaché in Tehran on Monday to discuss ways of expanding trade ties between the two countries.

Iran hails ties with Eurasian Union 12 Jul 2021

Iran hails ties with Eurasian Union

Iranian Ambassador to Russia Kazem Jalali has praised the level of ties between Iran and the Eurasian Economic Union, underlining the importance of the economic body.