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.

‘CBI to take all necessary measures to support private sector’ 15 Jul 2019

‘CBI to take all necessary measures to support private sector’

Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati said the bank won’t spare any effort in order to overcome the barriers in the way of the private sector’s trade, IRNA reported.

Tehran, Baghdad should help each other to boom industries 14 Jul 2019
Iraq amb. to Iran:

Tehran, Baghdad should help each other to boom industries

Iraq's Ambassador to the Islamic Republic of Iran Saad Abdul Wahab Jawad Qandil said that the two countries of Iran and Iraq enjoy high potentials and can help each other for booming industrial and production units.

$2.4bn of investments made in power industry in 6 years 14 Jul 2019
Energy min.

$2.4bn of investments made in power industry in 6 years

Iranian Energy Minister Reza Ardakanian announced on Sunday that during the past six years, some 230 trillion rials (about $2.4 billion) of investments have been made on power and electricity industry.

Iran, Sri Lanka to increase tea trade 14 Jul 2019

Iran, Sri Lanka to increase tea trade

Sri Lanka is likely to sign a deal with Iran to sell its famed tea over the next two years in exchange for the settlement of loans obtained for the purchase of oil.

India’s UCO bank triples its branches to do business with Iran 14 Jul 2019

India’s UCO bank triples its branches to do business with Iran

India's UCO Bank tripled its branches with the aim of enhancing and boosting trade with the Islamic Republic of Iran. UCO Bank is making all efforts to ensure that exporters who do business with Iran can approach its designated branches for help.

Hacking your way to book a hotel room in Iran 14 Jul 2019

Hacking your way to book a hotel room in Iran

In spite of U.S. trade and economic sanctions, it still seems easy to get the best hotel deal for your stay in Iran.

NIOC, domestic firms to boost coop. in production, maintenance projects 14 Jul 2019

NIOC, domestic firms to boost coop. in production, maintenance projects

An official with the National Iranian Oil Company (NIOC) said the company is planning to sign 10 production, maintenance and enhancement contracts with domestic firms within the next two months.

‘Iran’s foreign trade not determined by INSTEX’ 14 Jul 2019

‘Iran’s foreign trade not determined by INSTEX’

The acting head of Iran’s Trade Promotion Organization (TPO) said Europe’s Instrument in Support of Trade Exchanges (INSTEX) is only a channel for trade with Europe and technically it is not determining the country’s foreign trade, Tasnim news agency reported on Saturday.

2,400-ton superstructure offshore platform installed in Phase 14-B of South Pars Gas Field 13 Jul 2019

2,400-ton superstructure offshore platform installed in Phase 14-B of South Pars Gas Field

A 2,400-ton superstructure platform was installed in Phase 14-B of South Pars Gas Field with reliance upon expertise and high potentials of domestic engineers.

The digital health startup that is improving healthcare 13 Jul 2019

The digital health startup that is improving healthcare

Economic sanctions are often placed on countries with the intention of crippling economies and businesses. One area where sanctions have had unintended effects in Iran is the tech industry, which has boomed in recent years. It is now one of the region’s fastest growing, not despite sanctions, but actually because of them.