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.

Kuwait Oil Budget Cut by 25% 14 Jul 2020

Kuwait Oil Budget Cut by 25%

State-owned Kuwait Oil Company announced a 25 percent reduction in its budget for the next five years.

30% Share of Afghanistan’s Import Market Belongs with Iran 14 Jul 2020

30% Share of Afghanistan’s Import Market Belongs with Iran

Iran has a 30 percent share in Afghanistan’s import market, said the chairman of the Iran-Afghanistan Joint Chamber of Commerce.

Nearly 60 FDI Plans Approved in Q1 14 Jul 2020

Nearly 60 FDI Plans Approved in Q1

In the first quarter of the current Iranian year (March 20-June 20), 58 foreign direct investment (FDI) plans worth $832.6 million were approved in Iran.

Chabahar-Zahedan Railroad to Create Capacity for Goods Transit 14 Jul 2020

Chabahar-Zahedan Railroad to Create Capacity for Goods Transit

The inauguration of the Chabahar-Zahedan railroad, in southeastern Iran, will create an $80-billion capacity for goods transit.

Daily Production of Face Masks Exceeds 6.5mn 13 Jul 2020

Daily Production of Face Masks Exceeds 6.5mn

Deputy Ministry of Industry, Mine and Trade for Industrial Affairs said that the daily production of face masks in the country has currently exceeded 6.5 million.

$1 trillion of New Corporate Debt Recorded in 2020 13 Jul 2020

$1 trillion of New Corporate Debt Recorded in 2020

Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus.

Handicraft Expert: Iranian Handicrafts Suffer From Poor Branding 12 Jul 2020

Handicraft Expert: Iranian Handicrafts Suffer From Poor Branding

As one of the most original arts and crafts in the world, Iranian handicrafts suffer from poor branding.

Russia Boosting Gold Holdings 12 Jul 2020

Russia Boosting Gold Holdings

Russia’s total foreign holdings are now above the $500 billion targets set by the Central Bank of Russia a few years ago.

Aluminum Production Doubles in 3 Months 12 Jul 2020

Aluminum Production Doubles in 3 Months

Production of the aluminum ingot in Iran rose 63 percent during the first three months of the current Iranian year (March 20-June 20) compared to the same period last year.

Need for Rational Solution on Gas Contract between Iran, Turkey 12 Jul 2020

Need for Rational Solution on Gas Contract between Iran, Turkey

If the contents and provisions of the gas contract between Iran and Turkey form the basis for bilateral negotiations, the two sides will be able to work out a rational solution to resolve their problem.