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.

Saudi Arabia May Borrow $60bn to Cover Budget Deficit 04 May 2020

Saudi Arabia May Borrow $60bn to Cover Budget Deficit

Saudi Finance Minister Mohammed Al-Jadaan said that the kingdom may have to borrow $60 billion to cover the huge budget deficit caused by the coronavirus pandemic.

Sartak-Pishta border crossing Iran, KRG reopened 04 May 2020

Sartak-Pishta border crossing Iran, KRG reopened

The Sartak-Pishta border crossing between Iraq’s Kurdistan Regional Government (KRG) and the Islamic Republic of Iran was reopened on Monday.

Zeroes off, Toman Comes 04 May 2020

Zeroes off, Toman Comes

Iranian lawmakers approved on Monday a monetary bill to shave four zeroes off the national currency.

Pishin border resumes activity 04 May 2020

Pishin border resumes activity

Pakistani officials have announced the reopening of Pishin border crossing, a gateway to neighboring Iran, to resume imports of goods.

Iran pays $8b for SMEs, unfinished projects 04 May 2020

Iran pays $8b for SMEs, unfinished projects

Nearly $7.99 billion was paid to small- and medium-sized enterprises (SMEs) and unfinished industrial projects with over 60 percent progress.

Iran: $1.12b worth of sukuk bonds issued 04 May 2020

Iran: $1.12b worth of sukuk bonds issued

The government of Iran has authorized a decision to issue up to $1.12 billion worth of new Sukuk bonds to fund various projects in the current year.

Iran: 1st cargo of agricultural products to Kuwait amid coronavirus 03 May 2020

Iran: 1st cargo of agricultural products to Kuwait amid coronavirus

The first cargo of Iran agricultural products, fresh fruits and vegetables was exported to Kuwait during the outbreak of coronavirus, also known as COVID-19.

Iran official: Afghanistan, new transit route to Central Asia 03 May 2020

Iran official: Afghanistan, new transit route to Central Asia

Commercial Envoy of the Iranian Embassy to Afghanistan said that Afghanistan can be Iran’s new transit route for exporting products to the Central Asian states.

Rouhani Appreciates CBI for Providing Basic Demands 02 May 2020

Rouhani Appreciates CBI for Providing Basic Demands

Iranian President Hassan Rouhani praised the Central Bank of Iran (CBI) for its efforts to cope with the domestic demands and provide the necessary funding.

Uzbekistan Lifts Restrictions on Iranian Trucks 30 Apr 2020

Uzbekistan Lifts Restrictions on Iranian Trucks

The Republic of Uzbekistan has announced it again permits Iranian trucks to travel in the Central Asian country in conformity with health protocols to curb the spread of the coronavirus, an official said.