Tuesday, 18 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.

¥13.6bn Chinese LC ready to be used for Tehran-Isfahan high speed rail 10 Jun 2019

¥13.6bn Chinese LC ready to be used for Tehran-Isfahan high speed rail

Deputy Head of the Islamic Republic of Iran Railways (RAI) announced on Monday that the opened ¥13.6 billion ($2.37 billion) Chinese Letter of Credit (LC) is ready to be utilized for completion of Tehran-Isfahan high speed rail.

Omani airline launches direct flight route to Tehran 10 Jun 2019

Omani airline launches direct flight route to Tehran

Salam Air, Oman's first budget airline, has launched its first flight to the Iranian capital Tehran.

Non-oil exports hit $8.4b in 2 months, up nearly 9% yr/yr 10 Jun 2019

Non-oil exports hit $8.4b in 2 months, up nearly 9% yr/yr

The value of Iran’s non-oil exports reached $8.4 billion in the first two months of the current Iranian calendar year (March 21-May 21), up 8.9 percent compared to the last year’s same period, IRNA reported on Sunday quoting the acting head of TPO.

Iran doesn’t intend to leave OPEC despite tensions: Zanganeh 10 Jun 2019

Iran doesn’t intend to leave OPEC despite tensions: Zanganeh

Iranian Oil Minister Bijan Namdar Zanganeh said the country doesn’t have any plans to leave OPEC despite the tensions that some fellow-members are creating in the organization, Shana reported on Saturday.

Domestic factories to manufacture 1,000 passenger wagons 09 Jun 2019
: RAI head

Domestic factories to manufacture 1,000 passenger wagons

The managing director of the Islamic Republic of Iran Railways (RAI) announced the endorsement of a 20-trillion-rial-agreement (about $151 million) which will let domestic companies to manufacture 1,000 passenger wagons of various types.

Iran pavilion to showcase food industry at Food Istanbul 2019 09 Jun 2019

Iran pavilion to showcase food industry at Food Istanbul 2019

Iran’s Trade Promotion Organization (TPO) is planning to open Iranian pavilion at the Food and Beverage Products, Food Processing Technologies Fair (Food Istanbul 2019) which is due to be held during September 4-7 at Istanbul’s CNR Expo Yesilkoy, the portal of TPO announced.

‘Iran to maintain metal exports despite U.S. sanction’ 09 Jun 2019

‘Iran to maintain metal exports despite U.S. sanction’

Iranian deputy industry, mining and trade minister said the ministry has taken necessary measures to maintain the country’s metal exports despite U.S. sanctions.

Iran set to boost non-oil exports to 15 neighbor countries: industry min. 09 Jun 2019

Iran set to boost non-oil exports to 15 neighbor countries: industry min.

"The government will do its best to witness a real jump in exports of non-oil goods to our 15 neighbor countries," Iranian Industry Minister Reza Rahmani said on Saturday.

US knows Iran’s petchem industry can’t be put under sanctions 09 Jun 2019

US knows Iran’s petchem industry can’t be put under sanctions

Former Chief Executive of National Petrochemical Company (NPC) Abdolhossein Bayat said on Saturday that the United States is well aware of the fact that Iran’s petrochemical industry cannot be put under sanctions.

Annual tax revenues at $8.2bn: economy min. 08 Jun 2019

Annual tax revenues at $8.2bn: economy min.

According to Iranian Economy Minister Farhad Dejpasand up to 1.09 quadrillion rials (above $8.2 billion) of tax revenues were earned during the previous Iranian calendar year, 1397, (ended on March 20, 2019).