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.

Industry Ministry’s indigenization plan realized by 110% 17 Apr 2021

Industry Ministry’s indigenization plan realized by 110%

Head of the Domestic Production Center of Iran’s Ministry of Industry, Mining and Trade said the program for indigenizing the knowledge for the production of major industrial equipment has been realized by 110 percent in the previous Iranian calendar year (ended on March 20).

President Inaugurates Major petrochemical Projects 17 Apr 2021

President Inaugurates Major petrochemical Projects

President Hassan Rouhani on Thursday ordered the official startup of 3 major petrochemical projects via videoconference.

Chinese, Russian Companies Ready to Finance Projects in Iran 15 Apr 2021

Chinese, Russian Companies Ready to Finance Projects in Iran

Deputy Head of Commission on Industries and Mines of Majlis says Chinese and Russian companies have announced their readiness for financing projects in Iran, reiterating that those companies which left the country after the U.S. sanctions will not be allowed to easily enter Iran’s market.

Iranian heavy crude oil price rises 6% in March: OPEC 14 Apr 2021

Iranian heavy crude oil price rises 6% in March: OPEC

Iranian heavy oil price increased $3.64 in March to register a six-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Tuesday.

Hadi: Over 3,600 industrial projects with over 80% progress underway in Iran 14 Apr 2021

Hadi: Over 3,600 industrial projects with over 80% progress underway in Iran

There are 3,639 semi-finished industrial projects with over 80 percent physical progress across Iran, Director General of Planning and Financing Office of the Ministry of Industry, Mining, and Trade Alireza Hadi announced.

TEDPIX falls 1,300 points on Wednesday 14 Apr 2021

TEDPIX falls 1,300 points on Wednesday

TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 1,320 points to 1.243 million on Wednesday.

Annual iron ore concentrate output touches 50m tons 14 Apr 2021

Annual iron ore concentrate output touches 50m tons

Production of iron ore concentrate in Iran during the previous Iranian calendar year 1399 (ended on March 20) reached 49.714 million tons, registering a five-percent rise compared to the preceding year.

Commodities worth over $3b exported from East Azarbaijan 14 Apr 2021

Commodities worth over $3b exported from East Azarbaijan

As announced by a provincial official, commodities worth over $3 billion were exported from East Azarbaijan province in the northeast of Iran during the past Iranian calendar year (ended on March 20).

Shutdown of Bushehr Nuclear Power Plant impossible 14 Apr 2021

Shutdown of Bushehr Nuclear Power Plant impossible

The shutdown of the Bushehr Nuclear Power Plant in Iran is impossible, Tehran continues to cooperate with Moscow on the construction of second and third power units of the plant, Russian Deputy Foreign Minister said.

Iran Oil Ministry to Invest $80m in Startups 14 Apr 2021

Iran Oil Ministry to Invest $80m in Startups

the Oil Ministry will invest $80 million in startups and knowledge-based firms, the oil minister said.