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.

Iran elected as head of OPEC Fund’s ministerial council 20 Jul 2019

Iran elected as head of OPEC Fund’s ministerial council

Iran’s Finance and Economic Affairs Minister Farhad Dejpasand was elected the chairman of the OPEC Fund for International Development (OFID) ministerial council, Iranian mission to Vienna announced.

Iran expected to attract one million Chinese in near future 17 Jul 2019

Iran expected to attract one million Chinese in near future

Iran is expected to “attract one million Chinese in the near future” through the visa waiver for Chinese tourists, according to a report.

988k job opportunities to be created by Mar. 2020 17 Jul 2019

988k job opportunities to be created by Mar. 2020

Head of the Plan and Budget Organization Mohammad-Bagher Nobakht announced on Wednesday that by the end of the present Iranian year (March 20, 2020), some 988,000 job opportunities will be created by the government.

IME strengthening link between agricultural, financial markets 17 Jul 2019

IME strengthening link between agricultural, financial markets

Expanding the links between financial markets and commodity markets and strengthening the existing links between these markets is an approach Iran’s capital market has taken in recent years which has resulted in significant achievements in both commodity and exchange transactions in the country.

Iran to export $5b of gas, electricity to Iraq by March 2020 17 Jul 2019

Iran to export $5b of gas, electricity to Iraq by March 2020

The value of Iran’s gas and electricity exports to Iraq are expected to reach $5 billion by the end of the current Iranian calendar year (March 21, 2020), Meh news agency quoted an official with the Iran-Iraq Joint Chamber of Commerce as saying.

‘3000MW added to Iran’s power generation capacity since March’ 17 Jul 2019

‘3000MW added to Iran’s power generation capacity since March’

Some 3000 megawatts (MW) capacity of new power plants have been added to the country’s electricity network in the current Iranian calendar year (started on March 21) to supply the demands in the summer peak period, IRNA reported on Tuesday quoting an official with the energy ministry.

Iran, Armenia to exchange trade with local currencies ‘likely’ 16 Jul 2019

Iran, Armenia to exchange trade with local currencies ‘likely’

Chairman of Iran-Armenia Joint Chamber of Commerce Hervik Yarijanian said that the two countries will exchange trade activities with each other using local currencies ‘likely’.

Hydroelectric power plant in NW Iran joins national grid 16 Jul 2019

Hydroelectric power plant in NW Iran joins national grid

The first unit of Sardasht Hydroelectric Power Plant in Sardasht county, West Azarbaijan province, became operational on Tuesday, adding 50 megawatts of electricity to the national grid.

Controlling liquidity, protecting production main targets of central bank 16 Jul 2019
Hemmati:

Controlling liquidity, protecting production main targets of central bank

The Governor of the Central Bank of Iran Abdolnaser Hemmati said on Tuesday that as in the previous year, the main goals of the central bank are controlling liquidity volume and protecting domestic production.

Iran’s gas, electricity exports to Iraq to hit $5bn this year 16 Jul 2019

Iran’s gas, electricity exports to Iraq to hit $5bn this year

Secretary General of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini said Tue. that Iran will earn $5 billion revenues for its gas and electricity sales to neighboring Iraq this year.