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.

IRENEX to hold 3rd round of heavy crude oil offering on Tuesday 16 Jun 2019

IRENEX to hold 3rd round of heavy crude oil offering on Tuesday

National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.

15th Iran-Russia Joint Economic Committee meeting kicks off today 16 Jun 2019

15th Iran-Russia Joint Economic Committee meeting kicks off today

The 15th Iran-Russia Joint Economic Committee meeting and the second Iran-North Caucasus trade conference are due to kick off today in Tehran and Isfahan respectively, IRNA reported.

WB sees impact of U.S. sanctions on Iran ‘wane’ in 2020-21 16 Jun 2019

WB sees impact of U.S. sanctions on Iran ‘wane’ in 2020-21

The World Bank (WB) in its latest world economic outlook report “Global Economic Prospects”, predicts a 0.9 percent growth of gross domestic product (GDP) for Iran in 2020, indicating that the impact of the U.S. sanctions will ease in the mentioned year.

NIOC to offer 2mn barrels of heavy crude at IRENEX on Tue. 15 Jun 2019

NIOC to offer 2mn barrels of heavy crude at IRENEX on Tue.

The National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday (June 18) at the base price of $59.59 per barrel.

Planning underway to launch new automobile platform in 3 years 15 Jun 2019

Planning underway to launch new automobile platform in 3 years

Deputy head of Iran’s Industrial Development and Renovation Organization (IDRO) said the planning is underway for establishing a new platform for manufacturing passenger cars in three years, IRNA reported.

Iran’s biggest gas storage center goes on stream in Sarakhs 15 Jun 2019

Iran’s biggest gas storage center goes on stream in Sarakhs

The biggest gas storage center of Iran was launched in Sarakhs in Khorasan Razavi Province on Fri. in the presence of directors of the National Iranian Oil Company (NIOC), Central Oilfields Company and officials of the Khorasan Razavi province.

1.09mn jobs to be created by Mar. 2020 15 Jun 2019

1.09mn jobs to be created by Mar. 2020

Some 1.090 million job opportunities are set to be created via implementation of 18 job generation plans by the end of the present Iranian calendar year (March 20, 2020).

Iran exports over $500,000 worth of combine this year 15 Jun 2019

Iran exports over $500,000 worth of combine this year

Managing Director of Iran Combine Manufacturing Company (ICM) Ali-Asghar Hamidifar said Wed. that his company exported $500,000 worth of combine harvesters and bailers in the current year (since Mar. 21, 2019).

Fire contained at SPD9 platform; no casualties 15 Jun 2019

Fire contained at SPD9 platform; no casualties

The fire that gripped SPD9 Platform of South Pars gas field in the Persian Gulf on Wednesday evening has been put out by fireboats in the area.

South Pars platform 14B shipped toward installation spot 12 Jun 2019

South Pars platform 14B shipped toward installation spot

Platform 14B of Iran’s South Pars gas field (in the Persian Gulf) was shipped in Bandar Abbas, the capital city of southern province of Hormozgan, on Tuesday to be installed on its designated offshore spot, Tasnim reported.