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.

About 60 tons of shrimp processed, readied for export in Chabahar 30 Jul 2019

About 60 tons of shrimp processed, readied for export in Chabahar

Deputy Director General and Head of Chabahar Veterinary Medicine Department Oliya Mirlashari said that 60 tons of farmed shrimp was processed and readied for exports in Chabahar port.

Foreigners Can Get 5-Year Residence Permit in Iran for $250,000 Investment: Minister 30 Jul 2019

Foreigners Can Get 5-Year Residence Permit in Iran for $250,000 Investment: Minister

Iranian Interior Minister Abdolreza Rahmani Fazli said foreign nationals who invest 250,000 US dollars in the country will be granted residence permits for 5 years.

Tehran City’s real estate deals down 64.6% in a month on year 30 Jul 2019

Tehran City’s real estate deals down 64.6% in a month on year

The number of real estate deals in Tehran City fell 64.6 percent in the fourth Iranian calendar month of Tir (June 22-July 22), compared to the same month in the past year, IRIB reported citing the data released by Central Bank of Iran (CBI).

NIDC digs 41 oil, gas wells in 4 months 30 Jul 2019

NIDC digs 41 oil, gas wells in 4 months

National Iranian Drilling Company (NIDC) dug and completed digging operation of 41 oil and gas wells during the first four months of the current Iranian calendar year (March 21-July 22), ISNA reported.

Govt. gives green light for cryptocurrency mining 30 Jul 2019

Govt. gives green light for cryptocurrency mining

Iranian government, in a cabinet meeting on Sunday, approved cryptocurrency mining as an industrial activity, IRNA reported.

Jahangiri calls on China to buy more oil from Iran 30 Jul 2019

Jahangiri calls on China to buy more oil from Iran

First Vice President Es’haq Jahangiri said on Monday that Iran expects friendly countries, including China, to buy more oil from Iran.

Iran enjoys high capacity to export electricity to Iraq 29 Jul 2019

Iran enjoys high capacity to export electricity to Iraq

Managing Director of Gharb (West) Regional Electricity Company Ali Asadi said on Monday that Islamic Republic of Iran has high capacity and potential to export electricity up to twofold of the current capacity to neighboring Iraq.

Reviving small mines on agenda 29 Jul 2019

Reviving small mines on agenda

Establishment of high-capacity industrial units recently in Iran indicates the need for the supply of more minerals as feedstock for these units.

Commodities worth $309m traded at IME in a week 29 Jul 2019

Commodities worth $309m traded at IME in a week

During weekdays ending up to July 25, approximately, 258.145 million tons (MT) of commodities worth over $309 million were traded at Iran Mercantile Exchange (IME).

Over 197,000 cars manufactured in a quarter 29 Jul 2019

Over 197,000 cars manufactured in a quarter

Iranian carmakers manufactured 197,777 vehicles during the first three months of the current Iranian calendar year (March 21-June 21), IRNA reported citing the data released by Industry, Mining and Trade Ministry.