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.

‘Major projects planned to prevent flare gas waste’ 03 Aug 2019

‘Major projects planned to prevent flare gas waste’

Iranian Energy Ministry has major plans to make use of flare gas burnt or vented in oil and gas facilities across the country, Press TV reported, quoting an official with the ministry as saying.

Domestic producers of import-banned commodities honored 03 Aug 2019

Domestic producers of import-banned commodities honored

During a ceremony organized by Iran’s Chamber of Cooperatives, a number of domestic units producing the goods, that their import has been banned in line with the country’s policy of achieving self-reliance to tackle the sanctions, were honored, Press TV reported on Thursday.

Exports from Khoy county reach $9mn in four months 03 Aug 2019

Exports from Khoy county reach $9mn in four months

More than 16,000 tons of goods worth $9 million were exported through Khoy county in Iran’s West Azarbaijan province during the first four months of the current fiscal year (March 21- July 21), a senior official at the Islamic Republic of Iran Customs Administration said.

NIOC to offer 9th round of supplying gas condensate at IRENEX 03 Aug 2019

NIOC to offer 9th round of supplying gas condensate at IRENEX

The National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at the international ring of the energy exchange entitled “IRENEX on Tuesday August 6 at the base price of $60.17 per barrel.

Development projects worth $2.38b come on stream 03 Aug 2019

Development projects worth $2.38b come on stream

Some 518 development projects worth over 100 trillion rials (about $2.38 billion) were inaugurated during President Hassan Rouhani’s visit to East Azarbaijan Province on Thursday.

‘Iran’s economy strong enough to withstand U.S. sanctions’ 31 Jul 2019

‘Iran’s economy strong enough to withstand U.S. sanctions’

A member of Majlis Economic Committee said on Tuesday that the country’s economy has the capacity to pass through the unjust U.S. sanctions, IRIB reported.

$27.5bn of forex offered at NIMA in a year: CBI gov. 31 Jul 2019

$27.5bn of forex offered at NIMA in a year: CBI gov.

The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Tuesday that as of July 23, 2018 some $27 billion of foreign exchange has been offered at the Integrated Forex Deals System (NIMA).

20 power plants constructed since 12th govt. 31 Jul 2019

20 power plants constructed since 12th govt.

A number of 20 new power plants, with the production capacity of 3146 megawatts, have been constructed since the 12th government dubbed.

Iran, UK tanker issues need to be tackled separately: envoy 31 Jul 2019

Iran, UK tanker issues need to be tackled separately: envoy

Iranian ambassador to London, Hamid Baeidinejad, told Sky News that the two detained Iranian and British tankers are “two separate issues that need to be tackled separately."

May Iranian economy resuscitate from doldrums 31 Jul 2019

May Iranian economy resuscitate from doldrums

Inflation rate (the increase in consumer prices besides those of the producer), as one the main economic indices, has skyrocketed during the past recent year, i.e. as of the US withdrawal from the JCPOA, May 8, 2018.