Sunday, 27 April , 2025
  • Iran, Russia Strengthen Ties Through North-South Corridor and Energy Cooperation 26 Apr 2025

    Iran, Russia Strengthen Ties Through North-South Corridor and Energy Cooperation

    TEHRAN - Iran and Russia are accelerating efforts to deepen bilateral cooperation, focusing on strategic transit routes, gas transportation, and trade development. Speaking at the 18th session of the Iran-Russia Permanent Commission for Economic Cooperation, Iranian Ambassador to Russia Seyed Kazem Jalali highlighted what he called a “golden era” in relations between the two neighboring nations.

Heads of joint trade chambers of Iran with neighbor countries to hold 1st meeting 19 May 2019

Heads of joint trade chambers of Iran with neighbor countries to hold 1st meeting

The caretaker of the Trade Promotion Organization of Iran (TPO) Mohammadreza Modoudi announced that the first meeting of advisory council of the heads of Iran joint commerce chambers with neighbor countries will be held on Monday.

80 new power projects to be implemented in Tehran by late-June 19 May 2019

80 new power projects to be implemented in Tehran by late-June

Iranian Energy Ministry is going to implement 80 new electricity projects worth five trillion rials (over $119 million) in the capital to get the grid prepared for passing the summer’s peak demand period, IRIB reported quoting an energy official.

Iranian, Iraqi businessmen gather in an Iftar dinner in Baghdad 19 May 2019

Iranian, Iraqi businessmen gather in an Iftar dinner in Baghdad

Officials, businessmen and entrepreneurs from Iran and Iraq gathered together for an Iftar dinner in Friday evening at the Iranian embassy in Baghdad, IRNA reported.

IRENEX to hold 10th round of oil offering based on new guidelines 19 May 2019

IRENEX to hold 10th round of oil offering based on new guidelines

National Iranian Oil Company (NIOC) is going to set new guidelines for holding the 10th round of crude oil offering at Iran Energy Exchange (IRENEX), IRNA reported.

IRENEX to offer light crude at $67.28 18 May 2019

IRENEX to offer light crude at $67.28

The representative of Iran’s National Iranian Oil Company (NIOC) announced on Saturday that light crude oil is to be offered at Iran Energy Exchange (IRENEX) at the base price of $67.28 in the next round of oil auction.

Big thermal power plant planned in Tehran province 18 May 2019

Big thermal power plant planned in Tehran province

Plans are on the agenda to build a 1,000-megawatt thermal power plant in Pishva Country, southern Tehran, in a bid to meet the increasing demand for electricity in the sprawling capital.

‘Exporters re-inject 60% of their foreign currency earnings into economy’ 18 May 2019

‘Exporters re-inject 60% of their foreign currency earnings into economy’

The governor of the Central Bank of Iran (CBI) said so far the country’s exporters have re-injected 60 percent of their total exports revenues in the form of foreign currency into the country’s financial system, IRNA reported on Friday.

Iran delivers 130,000t of fuel oil to China 18 May 2019

Iran delivers 130,000t of fuel oil to China

A tanker carrying Iranian fuel oil unloaded the nearly 130,000-ton cargo into storage tanks near the Chinese city of Zhoushan, Reuters reported on Thursday citing ship tracking data on Refinitiv Eikon.

Tehran, Damascus discuss expansion of economic ties 18 May 2019

Tehran, Damascus discuss expansion of economic ties

Hassan Danaeifar, the advisor to Iran’s first vice president and also the chairman of the Iranian committee on development of economic relations with Syria and Iraq, and Atef Nadaf, the Syrian minister of interior trade and consumer protection, met in Damascus to explore the ways for expanding and strengthening economic ties between Iran and Syria.

Exports capacity at $700mn for home appliances this year: Official 15 May 2019

Exports capacity at $700mn for home appliances this year: Official

"Iran has the capacity to export $700 million of home appliance by the current Iranian calendar year 1398 (March 20, 2020)," director general of Metal Products and Home Appliances Department of Industry Ministry announced on Wednesday.