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.

Tehran, Moscow stress expansion of trade ties 19 May 2021

Tehran, Moscow stress expansion of trade ties

Iran’s Ambassador to Moscow Kazem Jalali and Adviser to the President of the Russian Federation Anton Kobyakov, in a meeting on Tuesday, stressed the need for expansion of economic and cultural cooperation between the two countries.

Iran starts pumping oil into strategic Goreh-Jask pipeline 19 May 2021

Iran starts pumping oil into strategic Goreh-Jask pipeline

Managing director of the National Iranian Oil Company (NIOC) has announced the beginning of oil transfer operation through Goreh-Jask pipeline which is laid from Goreh oil terminal in the southwestern Bushehr Province to Jask oil terminal along the Gulf of Oman.

Conference on Developments in Railway Engineering 19 May 2021

Conference on Developments in Railway Engineering

The 17th International Conference on Recent Advances in Railway Engineering kicked off here yesterday by Road and Urban Development Minister.

Iran Non-Oil Export Hits 46% Growth 19 May 2021

Iran Non-Oil Export Hits 46% Growth

President of the Islamic Republic of Iran Customs Administration (IRICA) said that the country exported $5.6 billion worth of non-oil goods and commodities to foreign countries from March 21 to May 15, 2021.

Azerbaijan seeking to develop relations with Iran 18 May 2021

Azerbaijan seeking to develop relations with Iran

Consul General of the Republic of Azerbaijan in Tabriz said that his country is determined to develop and expand its relations with the Islamic Republic of Iran in all areas.

Over $761m allocated for emergency water supply 18 May 2021

Over $761m allocated for emergency water supply

Iranian Energy Minister Reza Ardakanian has announced the allocation of 32 trillion rials (about $761.2 million) for emergency water supply in provinces that are facing severe water shortage in the current Iranian calendar year (started on March 21).

Govt. pays over $18.3 billion in a year to compensate pandemic damages 18 May 2021

Govt. pays over $18.3 billion in a year to compensate pandemic damages

Iranian government spent a total of 770 trillion rials (about $18.33 billion) to compensate for the negative impacts of the coronavirus pandemic on people’s livelihood and businesses and to support the country’s healthcare sector during the previous Iranian calendar year (ended on March 20).

MAPNA group producing over 200 high-tech industrial products 18 May 2021

MAPNA group producing over 200 high-tech industrial products

Managing Director of Iran’s MAPNA group has said his company is currently producing over 200 types of high-tech industrial products, IRNA reported.

Programs underway to prevent power outage in peak consumption period 18 May 2021

Programs underway to prevent power outage in peak consumption period

The rising trend of electricity consumption in Iran has created serious concerns about power outage in the summer peak period.

Iran Trade With P5+1 Slumped by 19% in Past 4 Years 18 May 2021

Iran Trade With P5+1 Slumped by 19% in Past 4 Years

The spokesman of Islamic Republic of Iran Customs Administration (IRICA) says some 38.6m tons of goods worth $24b were traded between Iran and the P5+1 countries last year that Iran’s share of exports to those countries is 28m tons and worth of  $9.83b while the country’s imports stood at 10.54m tons worth $14.16b which shows 14 and 19 percent slumps in terms of weight and value.