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.

CBI Approves Emergency Funding to Help Businesses Hit by COVID-19 27 Mar 2020

CBI Approves Emergency Funding to Help Businesses Hit by COVID-19

The Central Bank of Iran (CBI) approved emergency funding worth nearly $5 billion to offer cheap loans to businesses hit by the new coronavirus pandemic.

Iran CBI to support virus-hit businesses 18 Mar 2020

Iran CBI to support virus-hit businesses

Iran CBI Governor: Iran decided to provide those suffering from economic hardship due to the new coronavirus spread in the country with financial support.

IRICA: 23mn face mask received from China 17 Mar 2020

IRICA: 23mn face mask received from China

IRICA revealed China’s first entry of mask face consignment to the Islamic Republic of Iran on Tuesday.

Iran’s Foreign Trade Nears $80bln in 11 Months 16 Mar 2020

Iran’s Foreign Trade Nears $80bln in 11 Months

The total value of Iran’s trade transactions with foreign countries during the first 11 months of the current Iranian year (March 2019 – March 2020) has neared $80 billion, the latest data released by the country’s Customs Office showed.

Parviz Khan Border Reopened 16 Mar 2020

Parviz Khan Border Reopened

Parviz Khan joint border restarted its commercial and trade operations on Monday.

Crude steel production in 11 months surpases 18.5m tons 16 Mar 2020

Crude steel production in 11 months surpases 18.5m tons

Iran produced over 18.5 million tons of crude steel ingots during the first 11 months of the current Iranian year (March 21, 2019-February 19, 2020).

OPEC: Iran oil output drops 2,000 bpd in February 15 Mar 2020

OPEC: Iran oil output drops 2,000 bpd in February

OPEC announced that volume of oil production in Iran as of February 2020 hit 2.080 million barrels per day (bpd).

Exports to Iraq running despite problems 15 Mar 2020

Exports to Iraq running despite problems

Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’hagh said that exports of products to neighboring Iraq are running despite some problems.

Chabahar Mineral Products Export Rising 15 Mar 2020

Chabahar Mineral Products Export Rising

An Iranian official said the export of mineral products from the country’s southeastern port of Chabahar has increased constantly over the past year.

Iran, Japan, UNIDO to cooperate on fishery development 15 Mar 2020

Iran, Japan, UNIDO to cooperate on fishery development

Iran, Japan, and UNIDO signed a trilateral agreement to cooperate on the third phase of a project for developing advanced fishery in the port city of Chabahar.