Sunday, 6 April , 2025
  • Doubts Over India’s $25m Investment in Chabahar 05 Apr 2025

    Doubts Over India’s $25m Investment in Chabahar

    TEHRAN - Iran's Shipping Association Secretary, Masoud Palmeh, expressed skepticism about India’s promised $220 million investment in Chabahar Port, stating that reports suggest India has only invested around $25 million to $80 million in the port. He stressed that it’s hard to believe even the lower figure of $25 million, as significant improvements in the port are not visible.

Iran Steel Exports Exceed 10m Tons Despite Sanctions 21 Jan 2020

Iran Steel Exports Exceed 10m Tons Despite Sanctions

Head of Industrial Development and Renovation Organization of Iran (IDRO) says Iran has managed to export more than 10m tons of steel despite maximum sanctions.

Iran’s fuel consumption decreased in 18 months 21 Jan 2020

Iran’s fuel consumption decreased in 18 months

Iran's managing policies succeeded to reduce domestic fuel consumption by over nine billion liters in the past 18 months.

Gas production in South Pars hits 630 mcm a day 21 Jan 2020

Gas production in South Pars hits 630 mcm a day

Iran’s South Pars Gas Field has reached a total daily production of 630 million cubic meters (mcm), according to the managing director of Pars Oil and Gas Company.

TFA cuts trade costs by 13% 20 Jan 2020

TFA cuts trade costs by 13%

Mehdi Bakhshandeh said that once the Trade Facilitation Agreement (TFA) is enforced, trade and business costs will be reduced by 13 to 15 percent.

UK economy after Brexit, Javid explains 20 Jan 2020

UK economy after Brexit, Javid explains

UK is planning to shift its economy further away from the European Union’s, firing an early salvo in what’s set to be a fractious year in hammering out their future relationship after Brexit.

Domestic production raise Iran savings €1.2b 20 Jan 2020

Domestic production raise Iran savings €1.2b

TEHRAN (Iran News) – Domestic production helped Iran to raise its savings €1.2 billion since the beginning of the current Iranian year (March 21, 2019), said deputy industry, mine and trade minister for industry affairs. “So far, the contracts and agreements signed [with domestic producers] with the support of the domestic production promotion expert desks […]

Trade at TSE bourse hits highest ever 20 Jan 2020

Trade at TSE bourse hits highest ever

he value and size of trade at the main Iranian stock market, TSE bourse, reached levels described by experts as truly unbelievable.

Persian Gulf airlines fly over Iran 19 Jan 2020

Persian Gulf airlines fly over Iran

Kuwait Airways and Abu Dhabi-based Etihad Airways, among Persian Gulf airlines, have also continued using Iranian and Iraqi airspace.

Knowledge-based economy rise in ranking; Iran reports 19 Jan 2020

Knowledge-based economy rise in ranking; Iran reports

Vice-President for the Science and Technology Sorena Sattari said that Iran’s knowledge-based economy registered a 60-step growth over the past five years.

IMF: global economy at risk of Great Depression 19 Jan 2020

IMF: global economy at risk of Great Depression

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability.