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.

IOIV inks four deals to support domestic companies 12 Apr 2021

IOIV inks four deals to support domestic companies

Iranian Oil Industry Ventures (IOIV), a newly established semi-governmental entity that is helping startups active in oil industry, has signed four deals with domestic companies in order to support their activities in the current Iranian calendar year (started on March 21).

Adopting plan for cooperation Iran-Iraq 12 Apr 2021

Adopting plan for cooperation Iran-Iraq

Adopting plan for economic cooperation and joint venture investment has been considered as one of the most important elements to serve Iran-Iraq economies to flourish.

Chinese Expected to Invest $80b in Iran’s Mining Sector 12 Apr 2021

Chinese Expected to Invest $80b in Iran’s Mining Sector

Head of Mines and Mining Industry Commission of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) says the Chinese are interested to have $400b investment in different sectors in Iran and it is expected $80b to be invested in the mining sector.

Removal of JCPOA-related sanctions not enough 11 Apr 2021

Removal of JCPOA-related sanctions not enough

A source close to the Vienna talks says a possible US removal of JCPOA-related sanctions is not enough, and that all sanctions, including those re-labeled under the former US administration, will have to be terminated.

Efficiency of Iran’s thermal power plants reaches new record high 11 Apr 2021

Efficiency of Iran’s thermal power plants reaches new record high

The efficiency of Iran’s thermal power plants has reached a new record high of 39 percent for the first time in the history of Iran’s electricity industry, IRIB reported on Sunday quoting the managing director of the country’s Thermal Power Plants Holding Company (TPPH).

450 idle industrial units revived in Gilan in a year 11 Apr 2021

450 idle industrial units revived in Gilan in a year

As announced by the governor general of Gilan province, in the north of Iran, 450 idle industrial units were revived in the province in the past Iranian calendar year (ended on March 20).

Annual plan for tax income realized by 107% 11 Apr 2021

Annual plan for tax income realized by 107%

Iran managed to collect 1.92 quadrillion rials (about $45.7 billion) of tax revenues during the past Iranian calendar year of 1399 (ended on March 20), showing that the country’s annual tax income plan has come true by 107 percent, according to Finance and Economic Affairs Minister Farhad Dejpasand.

Possible inflationary trends in the short-term 11 Apr 2021

Possible inflationary trends in the short-term

 In its recent report, the IMF predicted 36.5 percent inflation for Iran this year. For further discussing possible scenarios for possible inflationary trends in the short-term; we’d asked professor Hanke for a commentary.

Iran to Launch Key Petrochemical Projects Soon 11 Apr 2021

Iran to Launch Key Petrochemical Projects Soon

 Managing Director of the National Iranian Petrochemical Company (NIPC) Behzad Mohammadi announced that two petrochemical plants for production of polypropylene and heavy polyethylene catalysts will be inaugurated in the coming weeks.

flights to UK still banned due to Corona concerns 11 Apr 2021

flights to UK still banned due to Corona concerns

Iranian Minister of Roads and Urban Development said that flights to UK are still prohibited due to Corona concerns.