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.

Power consumption in Iran at all time high 23 Jul 2019

Power consumption in Iran at all time high

Iran’s electricity consumption hit a new record on Monday as it reached the peak of 57,681 megawatts, the Energy Ministry’s spokesman for the power department said.

INSTEX offers ‘almost nothing’: lawmaker 23 Jul 2019

INSTEX offers ‘almost nothing’: lawmaker

A member of Iranian parliament says that Europeans should not pin hope on INSTEX as a tool for persuading Iran to stop reducing commitments to nuclear deal because the financial channel offers ‘almost nothing’.

Quarterly sponge iron output up 13% year on year 23 Jul 2019

Quarterly sponge iron output up 13% year on year

Production of sponge iron in Iran rose 13 percent during spring, which corresponds to the first quarter of Iranian calendar year, compared to the same period of time in the past year, IRNA reported on Monday.

800km of gas pipelines to be added to national network by Mar. 2020 23 Jul 2019

800km of gas pipelines to be added to national network by Mar. 2020

Head of Iranian Gas Engineering and Development Company (IGEDC) said the company plans to build 800 kilometers of pipelines for gas transmission by the end of the current Iranian calendar year (March 20, 2020).

Stock market value reaches $285.7b 23 Jul 2019

Stock market value reaches $285.7b

The value of stock market in Iran reached 12.282 quadrillion rials (about $285.714 billion) at the end of the third Iranian calendar month of Khordad (June 21), Securities and Exchange Organization (SEO) published on its website SENA on Sunday.

TAVANIR poised to boost electricity exports to Iraq 22 Jul 2019

TAVANIR poised to boost electricity exports to Iraq

Managing Director of Gharb (West) Regional Power Company Ali Asadi on Monday revealed the new strategy by Iran Power Generation, Transmission & Distribution Management Company (TAVNIR) for increasing electricity exports to Iraq.

Iran, Iraq investigate reduction of Internet transit tariffs 22 Jul 2019

Iran, Iraq investigate reduction of Internet transit tariffs

In a meeting between the head of Telecommunication Infrastructure Company of Iran and the visiting Iraqi minister of communications, the two sides discussed reduction of Internet transit tariffs between the two countries.

Construction of 800km of railway to be accomplished by Mar. 2021 22 Jul 2019

Construction of 800km of railway to be accomplished by Mar. 2021

Managing Director of the Islamic Republic of Iran Railways (RAI) Saeed Rasouli announced on Sunday that by March 2021, construction of some 800 kilometers of railway will be completed.

No license issued for importing ‘miner’ into country 22 Jul 2019

No license issued for importing ‘miner’ into country

Deputy President of the Islamic Republic of Iran Customs Administration (IRICA) Jamal Arounaghi said on Sunday that any license has not been issued for importing ‘miner’ into the country.

Iran’s exports value to eastern neighbors at over $5bn 22 Jul 2019

Iran’s exports value to eastern neighbors at over $5bn

Deputy Foreign Minister for Economic Affairs Gholamreza Ansari put country’s current exports value to eastern neighboring countries at over $5 to $6 billion.