Iran, Russia Shipping Route to Open Soon
Iran and Russia are going to launch a permanent shipping route in the Caspian Sea for trade with container ships, an official said.
Iran to Offer Oil in Domestic Stock Market
Iranian President Hassan Rouhani unveiled plans for the domestic sale of crude oil in the stock market.
730,000 Jobless Since Coronavirus Lockdown in UK
Payroll figures in the UK show 730,000 people have lost their jobs since the start of the coronavirus crisis lockdown.
UK Consumer Spending Reaches Pre-Pandemic Level
Sunny weather and the reopening of non-essential shops across most of the UK has fuelled an increase in consumer spending close to pre-pandemic levels.
Coronavirus Recession in Singapore Deeper than Estimated
Singapore's virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country's first recession in more than a decade was deeper than initially estimated.
Iran-Afghanistan-Uzbekistan Transit Corridor Opened
The pilot project of the Iran-Afghanistan-Uzbekistan transit corridor became operational under the TIR system.
Aramco Profits Cut by 73%, Battered by Pandemic
Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus pandemic crisis undercuts global demand.
Daily Traffic at Iranian Main Airport Back to Normal
Daily air traffic at one of the airports in the Iranian capital of Tehran, mainly used for domestic flights, has returned to the levels prior to the coronavirus spread in the country.
Rouhani Lauds Opening Petrochemical Projects despite Sanctions
Rouhani lauded the inauguration of three major petrochemical projects with a total investment of 1.6 billion dollars as a major step towards development despite sanctions.
Biggest Methanol Plant Operational in Iran
The Iranian president on Thursday inaugurated the world’s largest Methanol producing plant in the country’s southern province of Bushehr.