TEHRAN- The value of Iran’s non-oil trade with foreign partners reached $52.527 billion during the first seven months of the current Iranian calendar year (March 21- October 22), up $3.59 billion or 6.2 percent from the same period last year, Tasnim reported on Tuesday. The country’s foreign trade stood at $49.468 billion during the last […]

TEHRAN- Opportunities for finance and investment in Iran’s mining sector will be introduced in the International Mining and Resources Conference (IMARC) running in Australia’s Melbourne from October 30 to November 2. Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian will give a lecture on these opportunities in the conference on Wednesday, […]

TEHRAN – Iran’s four main Asian oil buyers increased their crude imports from the country in September to their highest level since March, boosted by a surge in purchases in China and South Korea, Reuters reported citing government and ship-tracking data. Iran’s top four Asian oil customers imported nearly 5.1 percent more oil from the […]

TEHRAN – South Korean Ambassador in Tehran Kim Seung-ho said Iran-South Korea Joint Economic Committee meeting is slated to be held within a month in Seoul. Speaking to Tehran Times on the sidelines of the 23rd Press Exhibition on Sunday, the ambassador said holding the Joint Economic Committee meeting will accelerate the two countries economic […]

TEHRAN – The Islamic Republic of Iran Shipping Lines (IRISL) plans to reopen a representative office in South Africa, IRNA reported on Saturday quoting IRISL’s managing director as saying. IRISL used to have an office in South Africa but it was closed due to the reduction of its activities in that region following the West-imposed […]

TEHRAN- Seyed Reza Norouz-zadeh was appointed as the new managing director of Iran’s National Petrochemical Company (NPC), Shana reported on Sunday. Oil Minister Bijan Namdar Zanganeh appointed Norouz-zadeh to the post replacing Marziyeh Shahdaie, who was appointed by Zanganeh as the vice oil minister replacing Kazem Vaziri Hamaneh.  Norouz-zadeh has been previously in several positions […]

TEHRAN- India launched a trade route to Afghanistan via Iran through shipping its first consignment of wheat to Afghanistan on Sunday, bypassing longtime rival Pakistan. The shipment was sent from the western seaport of Kandla. It will be taken by trucks to Afghanistan from Iran’s southeastern Chabahar Port, AP reported. The new trade route follows […]

TEHRAN- Based on the 28th board meeting of the Asia Pacific Natural Gas Vehicles Association (ANGVA), Iran has been selected as the host of the 7th ANGVA Biennial International Conference and Exhibition (ANGVA 2017). Tehran will host the event at the International Trade and Convention Center of Milad Tower from October 31 to November 2. […]

TEHRAN- Iranian Transport and Urban Development Minister Abbas Akhoundi and Qatari Minister of Transport and Communications Jassim Saif Ahmed Al Sulaiti held talks over cooperation on various transportation sectors, the official website of Iran’s Transport Ministry reported on Monday. “Regarding the conducted negotiations, a joint committee is to be formed to investigate expansion of transport […]

TEHRAN- The number of real estate deals in Iran’s capital city Tehran shows a 34.4 percent rise during the seventh Iranian calendar month of Mehr (September 23-October 22) compared to the same month in the past year, according to a recent report by the Central Bank of Iran (CBI). The CBI report also indicates that […]