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.

Non-oil exports hit $6.3b in 2 months, up 48% yr/yr 26 May 2021

Non-oil exports hit $6.3b in 2 months, up 48% yr/yr

The value of Iran’s non-oil exports reached $6.3 billion in the first two months of the current Iranian calendar year (March 21-May 21), up 48 percent compared to the last year’s same period, IRIB reported on Wednesday quoting the head of the Islamic Republic of Iran Customs Administration (IRICA).

Quarterly trade between Iran, Turkey rises 53% 26 May 2021

Quarterly trade between Iran, Turkey rises 53%

The value of trade between Iran and Turkey rose by 53 percent in the first quarter of 2021 from the first quarter of 2020, Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) reported, based on the official statistics released by Turkey.

Tehran, Kiev Urged to Ease Bartering Agro Products 26 May 2021

Tehran, Kiev Urged to Ease Bartering Agro Products

Iran and Ukraine have called for easing the ground for bartering agricultural products which is effective in boosting bilateral trade cooperation.

PMO raises annual investment attraction target by $119m 25 May 2021

PMO raises annual investment attraction target by $119m

Iran’s Ports and Maritime Organization (PMO) plans to increase the attraction of private sector investment in the country’s ports by five trillion rials (about $119 million) in the current Iranian calendar year (started on March 21), an official with the organization said on Tuesday.

IME’s monthly worth of trades up 16% 25 May 2021

IME’s monthly worth of trades up 16%

The value of trades at Iran Mercantile Exchange (IME) rose 16 percent in the past Iranian calendar month (ended on May 21).

Thermal power plants’ output to increase 3,500 MW 25 May 2021

Thermal power plants’ output to increase 3,500 MW

As announced by the managing director of Iran’s Thermal Power Plants Holding Company (TPPH), the output of the country’s thermal power plants will be increased by 3,500 megawatts (MW) by the end of the current Iranian calendar week (Friday).

Tourism, Transportation Can Boost Cooperation Between Tehran and Sofia 25 May 2021

Tourism, Transportation Can Boost Cooperation Between Tehran and Sofia

Bulgarian Ambassador to Tehran Ms. Nikolina Kuneva believes tourism and transportation can pave the ground for boosting cooperation between Iran and Bulgaria.

Modern irrigation system implemented in 4,500 hectares of Ardebil farmlands 24 May 2021

Modern irrigation system implemented in 4,500 hectares of Ardebil farmlands

Modern irrigation system is implemented in 4,500 hectares of farmlands in Ardebil province, in the northwest of Iran, a provincial official announced.

ICCIMA director expounds upon economic issues next government will face 24 May 2021

ICCIMA director expounds upon economic issues next government will face

In a recent article, Ali Chagharvand, the planning director of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), expounded upon the economic condition that Iran’s next government will face.

Crypto-miners, drought leaving Iranians in the dark 24 May 2021

Crypto-miners, drought leaving Iranians in the dark

With the early arrival of the hot season across Iran, once again the issue of electricity shortage and systematic power outages has come under the spotlight. These days Iranians are left in the dark for several hours each day based on a pre-planned outage program implemented by the Energy Ministry.