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.

NIDC drills 17 oil wells in 60 days 28 May 2019

NIDC drills 17 oil wells in 60 days

The National Iranian Drilling Company (NIDC) spudded 17 oil and gas wells in the first two months of the current calendar year, which began on March 21.

Iran, Europe to facilitate trade relations 26 May 2019

Iran, Europe to facilitate trade relations

The managing director of Export Guarantee Fund of Iran (EGFI) announced that a number of MoUs will soon be signed between EGFI and some European countries.

Steel ingot production volume exceeds 1.7mn tons in 1st month 26 May 2019

Steel ingot production volume exceeds 1.7mn tons in 1st month

Production volume of steel ingot in the first month of the current year (March 21 – April 21) surpassed 1.7 million tons, showing a one percent hike as compared to the last year’s corresponding period.

South Pars gas field phases 2, 3 producing at full capacity 26 May 2019

South Pars gas field phases 2, 3 producing at full capacity

The phases 2 and 3 of the South Pars are producing their products with their highest capacity using internal capabilities and via indigenizing the equipment, Manager of the second refinery of South Pars Mehdi Gerami Shirazi announced on Saturday.

Instructions for offering oil at IRENEX prepared: Oil min. 26 May 2019

Instructions for offering oil at IRENEX prepared: Oil min.

In line with improving monetary transparency, instructions for offering oil at Iran Energy Exchange (IRENEX) have been prepared, Iranian Oil minister Bijan Zanganeh announced on Saturday.

CBI not to eliminate forex management integrated system NIMA: governor 25 May 2019

CBI not to eliminate forex management integrated system NIMA: governor

The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that the central bank is not intended to omit Iran's domestic Foreign Exchange Management Integrated System (locally known as NIMA) from domestic forex trade market.

Iran-China non-oil trade hits $8.8b in four months 25 May 2019

Iran-China non-oil trade hits $8.8b in four months

The volume of non-oil trades between Iran and China amounted to $8.8 billion in the first four months of 2019, according to the data released by the Chinese customs.

US grants sanctions waiver for Iraq to import energy from Iran: Envoy 25 May 2019

US grants sanctions waiver for Iraq to import energy from Iran: Envoy

The US envoy to Baghdad says Washington has exempted Baghdad from some of its unilateral anti-Iran sanctions, allowing Iraq to continue importing energy from Iran.

Iran, Russia explore ways of expanding railway co-op 25 May 2019

Iran, Russia explore ways of expanding railway co-op

Saeed Rasouli, the head of Islamic Republic of Iran Railways (known as RAI), met with Russian Railways (RZD) Vice President Alexander Misharin in Tehran to discuss ways of expanding cooperation, the RAI website reported.

Iran’s 4-month non-oil exports to China stands at $6b 25 May 2019

Iran’s 4-month non-oil exports to China stands at $6b

Iran’s value of non-oil exports to China reached $6 billion in the first four months of 2019, down 20 percent compared to the same period last year, Tasnim reported on Friday, citing the Chinese customs data.