Thursday, 20 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.

Rouhani: Iran Grappling with Economic War 01 Oct 2020

Rouhani: Iran Grappling with Economic War

President Hassan Rouhani said on Wednesday that Iran has been grappling with an economic war over the past three years, not just sanctions.

World Bank Asks $12b for Virus Vaccine for Poor Countries 30 Sep 2020

World Bank Asks $12b for Virus Vaccine for Poor Countries

The World Bank said it has asked its board of directors to approve $12 billion to help poor countries purchase and distribute eventual vaccines against COVID-19.

IRICA: China, Top Buyer of Iranian Steel 30 Sep 2020

IRICA: China, Top Buyer of Iranian Steel

China was by far the top buyer of Iranian steel in the first five months of the current Iranian year (March 20-August 21).

No Power Can Harm Iran’s Exports, Imports: NITC official 30 Sep 2020

No Power Can Harm Iran’s Exports, Imports: NITC official

The head of NITC emphasized on Tuesday that no power can harm the country’s exports and imports, noting that free trade is Iran's right.

Chinese Internet Giant Sina Says Planning to Delist US Stocks 29 Sep 2020

Chinese Internet Giant Sina Says Planning to Delist US Stocks

Chinese Internet giant Sina Corp. has announced plans to delist its US shares and go private.

Draft Budget Plan Sees Inflation at 22% 29 Sep 2020

Draft Budget Plan Sees Inflation at 22%

The draft budget plan for the next Iranian year (to start March 21, 2021) instructed to the executive bodies has targeted an inflation rate of 22 percent.

Early Repayment of Sukuk Bonds Through Crude Oil Allowed 29 Sep 2020

Early Repayment of Sukuk Bonds Through Crude Oil Allowed

Iran’s Finance Ministry issued a notice allowing the repayment of sukuk, debt bonds that are compliant with Islamic financial principles, through the use of export crude.

Foreign Trade Exceeded $24b in Five Months: IRICA 29 Sep 2020

Foreign Trade Exceeded $24b in Five Months: IRICA

The Islamic Republic of Iran Customs Administration (IRICA) said the country’s foreign trade has exceeded $24.6 billion in the first five months of the current year.

Iran, Qatar Discuss Linking Power Grids through Sea 29 Sep 2020

Iran, Qatar Discuss Linking Power Grids through Sea

Iranian Energy Minister and Qatari Minister of State for Energy Affairs held an online meeting to discuss linking the two countries’ electricity grids via the sea.

Sugar Beet Production to Jump by March 28 Sep 2020

Sugar Beet Production to Jump by March

Iran will produce over five million tons of sugar beet by the end of the current calendar year (March 2021).