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.

Water, electricity projects worth over $102m put into operation 29 Jun 2021

Water, electricity projects worth over $102m put into operation

Energy Minister Reza Ardakanian on Tuesday inaugurated five major water and electricity industry projects valued at 4.32 trillion rials (about $102.8 million) through a video conference in the 13th week of the ministry’s A-B-Iran program in the current Iranian calendar year (started on March 21).

60% of Iran’s industrial parks in need of renovation 29 Jun 2021

60% of Iran’s industrial parks in need of renovation

The deputy head of Iran Small Industries and Industrial Parks Organization (ISIPO) announced that 60 percent of the country’s industrial parks are more than 15 years old and need to be renovated, IRNA reported.

Iran Seeks Russia’s Help to Boost Its Northern Ports 29 Jun 2021

Iran Seeks Russia’s Help to Boost Its Northern Ports

Iran's Ports and Maritime Organization (PMO)'s Deputy Head for Ports and Economic Affairs Farhad Montaser Kouhsari says there has been no growth in the northern ports of the country in the past eight years and the country will seek Russia’s help to boost the northern ports.

Iran-China Trade Stands at $5.5b in 5 Months 29 Jun 2021

Iran-China Trade Stands at $5.5b in 5 Months

According to China’s Customs Office report, the trade exchange between Iran and China in the first five months of 2021 stood at $5.5b which shows 14 percent decline comparing to the same period last year.

Housing price in Tehran city rises 3% in a month 28 Jun 2021

Housing price in Tehran city rises 3% in a month

  Average housing price rose three percent in Tehran City during the past Iranian calendar month of Khordad (ended on June 21), compared to its previous month, according to a report by the Central Bank of Iran (CBI).

Iran-China 5-month trade stands at $5.5b 28 Jun 2021

Iran-China 5-month trade stands at $5.5b

The value of trade between Iran and China reached $5.5 billion in the first five months of 2021, registering a 14-percent decline compared to the figure for the previous year’s same period.

Quarterly tax revenues up 70% yr/yr 28 Jun 2021

Quarterly tax revenues up 70% yr/yr

Iran has managed to collect 590 trillion rials (about $14 billion) of tax revenues during the first three months of the current Iranian calendar year (March 21-June 21), registering a 70 percent rise compared to the previous year’s same period, an official with the Iranian National Tax Administration said.

Renewables account for generating 8% of electricity in South Khorasan 28 Jun 2021

Renewables account for generating 8% of electricity in South Khorasan

About eight percent of Iran’s western South Khorasan province’s electricity comes from renewable sources, and there are currently 456 solar farms in the province that generate 23 megawatts (MW) of electricity, according to a provincial official.

Iran ranked world’s 10th largest steelmaker :WSA 28 Jun 2021

Iran ranked world’s 10th largest steelmaker :WSA

Iran was ranked the world’s tenth-largest steel producer in the first five months of 2021, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced referring to the latest data released by the World Steel Association (WSA).

Iran’s Q1 petchem output up 7% yr/yr 28 Jun 2021

Iran’s Q1 petchem output up 7% yr/yr

Petrochemical production has risen seven percent in Iran during the first three months of the current Iranian calendar year (March 21-June 21), compared to the same period of time in the past year, according to an official in the National Petrochemical Company (NPC).