Wednesday, 19 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.

Petrochemical projects in Chabahar constructed by 2022 12 Nov 2019

Petrochemical projects in Chabahar constructed by 2022

TEHRAN (Iran News) – As many as 18 petrochemical projects will be designed and implemented in Chabahar Free Zone from 2022 onward, according to an official. Chief Executive of Infrastructure Supply Company of Chabahar Free Zone, Mehdi Kouhi, made the announcement on Monday and said, “these projects will come on stream in three phases, each phase with […]

Pres. Rouhani inaugurates 1st phase of Baft Steel Complex 11 Nov 2019

Pres. Rouhani inaugurates 1st phase of Baft Steel Complex

The Direct Reduction (DR) Factory No. 1 of Baft Steel Complex was inaugurated in Kerman province on Monday in the presence of Iranian President Hassan Rouhani.

Iran FDI reach 32% growth in industrial sector 11 Nov 2019

Iran FDI reach 32% growth in industrial sector

TEHRAN (Iran News) – Foreign Direct Investment recorded that Iran FDI has reached to about 32 percent growth in the industrial sector in the first six months of the current year (from March 21 to Sept. 22). According to the statistics of the Ministry of Industry, Mine and Trade, about $762,600,000 worth of Foreign Direct […]

Newly-discovered Namavaran Oilfield contains 53bn barrels of oil 11 Nov 2019

Newly-discovered Namavaran Oilfield contains 53bn barrels of oil

TEHRAN (Iran News) – Iranian Oil Bijan Namdar Zanganeh said the newly-discovered oilfield in Khuzestan, named Namavaran, has an estimated 53 billion barrels of in-place oil. Addressing reporters on Monday, the minister said the new discovery had added 22 billion barrels of crude oil to previous estimates of newly-discovered Namavaran oilfield, which stood at 31 […]

Iran ready to exchange nuke experience with Persian Gulf countries 11 Nov 2019

Iran ready to exchange nuke experience with Persian Gulf countries

TEHRAN (Iran News) – The head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi says the Islamic Republic is ready to exchange with the Persian Gulf countries its experience with regard to developing nuclear technology and cooperate with them. Iran’s nuclear chief made the remarks on Sunday while addressing a ceremony held […]

Iran-EAEU Talks on Establishing Free Trade to Start Next Year 10 Nov 2019

Iran-EAEU Talks on Establishing Free Trade to Start Next Year

Head of Iran’s Trade Promotion Organization (TPO) Hamid Zadboum said the country plans to start talks with the Eurasian Economic Union (EAEU) next year to establish a free trade agreement.

Iran bitumen export reaches to 19 countries 10 Nov 2019

Iran bitumen export reaches to 19 countries

TEHRAN (Iran News) – The managing director of the Iranian Oil Refining Company said the company, the biggest Middle East and Iran bitumen export company, is sending the product to 19 countries. Speaking in a press conference on Saturday, Majid Azami said the Oil Refining Company is among the top ten brands of bitumen in […]

Iran’s Self-Sufficiency in Medications is a Need 07 Nov 2019

Iran’s Self-Sufficiency in Medications is a Need

TEHRAN (Iran News) – Iranian Deputy Minister of Health, Treatment and Medical Education Mohammad Reza Shanehsaz emphasized that the country is able to produce nearly all its needed medicine despite the US sanctions. Iran’s self-sufficiency in medications is an achievement needed to be accomplished. Iran is currently able to produce %99 of medicine needed by […]

Indonesia-Chabahar sea line will make it a regional tourism hub 07 Nov 2019

Indonesia-Chabahar sea line will make it a regional tourism hub

TEHRAN (Iran News)- Since the Indonesia-Dubai sea line is operating, the establishment of the Indonesia-Chabahar sea line can transform the southeastern Iran port into a regional tourism and transit hub. Deputy Head of Sistan-Baluchestan Cultural Heritage, Tourism and Handicrafts Department Mojtaba Mirhosseini told IRNA on Wednesday that Indonesian ambassador arrived in the province at the […]

Iran lose banking relations with 190 countries without FATF 05 Nov 2019

Iran lose banking relations with 190 countries without FATF

TEHRAN (Iran News) – Iran’s representative in the World Chambers Federation Pedram Soltani said to ILNA that if the country does not take advantage of the last chance of the Financial Action Task Force (FATF), and it is blacklisted by the body, countries will become more sensitive for cooperating with Iran’s banking system. Speaking to […]