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.

NPC to launch three petchem projects by yearend 11 Aug 2019

NPC to launch three petchem projects by yearend

The National Petrochemical Company (NPC) of Iran will launch three new petrochemical projects by the end of the current fiscal year (March 2020), a senior official said.

Trafficking saffron to Afghanistan reduces its official exports: Official 11 Aug 2019

Trafficking saffron to Afghanistan reduces its official exports: Official

A member from Iran National Saffron Council announced on Saturday that smuggling saffron to Afghanistan pulls down its official exports to United Arab Emirates, which is Iran’s main customer.

Financial funds of ISIPO to be doubled before autumn: chief 10 Aug 2019

Financial funds of ISIPO to be doubled before autumn: chief

Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Mohsen Salehinia announced on Saturday that the financial resources of the fund will be doubled by the end of the summer.

Connection of all provinces’ capitals to rail line sys., atop govt. agenda 10 Aug 2019
Jahangiri:

Connection of all provinces’ capitals to rail line sys., atop govt. agenda

First Vice President Es’hagh Jahangiri said that development of rail lines is put atop agenda of the government and plans have been made to connect all provinces' capitals to the rail line system.

$113mn of foreign investments in industrial projects of Razavi Khorasan 10 Aug 2019

$113mn of foreign investments in industrial projects of Razavi Khorasan

As of the beginning of the present Iranian calendar year (March 21, 2019) some $113 million of foreign investments have been absorbed in eight industrial projects of the Razavi Khorasan province, head of industry, trade and mine organization of the northeastern province announced on Saturday.

INIC plans to up Iranian nano products to 1,400 in 2 years 10 Aug 2019

INIC plans to up Iranian nano products to 1,400 in 2 years

Head of Iran Nanotechnology Innovation Council (INIC) announced plans to increase the number of Iranian nanotechnology-enhanced products to 1,400 in two years.

Industrial units account for $4bn exports share 10 Aug 2019

Industrial units account for $4bn exports share

Deputy Minister of Industry, Mine and Trade revealed that industrial units account for $4 billion share of Iran's total exports.

Cost of Money Declines 1.5% in Iran 10 Aug 2019

Cost of Money Declines 1.5% in Iran

the cost of money has declined up to 1.5% following a government decision to scrap the overnight interest rate policy on deposits in January, head of the Association of Private Banks and Credit Institutions said.

FM Zarif to meet Nicaragua’s finance min. in Tehran 10 Aug 2019

FM Zarif to meet Nicaragua’s finance min. in Tehran

A high-ranking economic delegation from Nicaragua, headed by the country’s minister of finance, will meet and hold talks with Iranian Foreign Minister Mohammad Javad Zarif in Tehran.

Iran, Iraq consider killing US dollar in bilateral trades: ambassador 10 Aug 2019

Iran, Iraq consider killing US dollar in bilateral trades: ambassador

In line with the efforts to boost the economic ties between Iran and Iraq, the two neighboring countries are considering ways to include local currencies in their bilateral trades to reduce reliance on US dollar, says the Iraqi ambassador to Tehran.