Kuwait releases Iranian vessel after 10 month of seizure
Iranian vessel ‘Arvand Tide 1000’ has been released after 10 months of seizure in Kuwaiti Port of Shuaiba.
Exports from Markazi prov. exceed $225mn in three months
More than 381,479 tons of non-oil commodities were exported from the central Iranian province of Markazi in the first three months of the current fiscal (March 21- June 21), a senior official at the Islamic Republic of Iran Customs Administration said.
Iran’s ‘oil for execution’ plan: old ideas in a new wrapping
This week Iranian Oil Ministry is going to officially start a new plan that is aimed to be a new way for selling oil and tackling the pressures imposed by U.S. sanctions on the country’s oil industry.
Kish Air, Oman to increase airport service cooperation
Kish Airlines, which operates in Iran’s southern tourist hub and free trade zone of Kish Island, and Oman Holding signed an agreement on Sunday to broaden airport services cooperation.
Peugeot ‘301’ production line inaugurated in IKCO
Peugeot ‘301’ production line was inaugurated in Iran Khodro Industrial Group (IKCO) this morning in the presence of Vice President for Science and Technology Sorena Sattari.
‘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
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
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
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
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.