Saturday, 19 April , 2025
Saffron exports up over 16% in 5 months 23 Oct 2017

Saffron exports up over 16% in 5 months

TEHRAN- The value of Iran’s saffron exports during the first five months of the current Iranian calendar year (March 21-August 22) rose 16.22 percent compared to the same period of time in the previous year, IRNA reported. As reported, some 68.640 tons of saffron worth $92.623 million was exported to 55 different countries during the […]

Iran-South Africa business forum to be held in Pretoria 23 Oct 2017

Iran-South Africa business forum to be held in Pretoria

TEHRAN – An Iran-South Africa business forum is due to be held at the Department of International Relations and Cooperation (DIRCO) office in Pretoria on Monday, CNBC Africa reported. The forum is going to be held on the sidelines of the Iran-South Africa Joint Economic Committee meeting which is to be co-chaired by Iranian Foreign […]

Iran-Turkey trade to hit $30b soon 23 Oct 2017

Iran-Turkey trade to hit $30b soon

TEHRAN- Iranian First Vice-President Es’haq Jahangiri and Turkish President Recep Tayyip Erdogan stressed that through the all-out planning underway by the two countries the target of $30-billion bilateral trade will be achieved soon. Iran-Turkey current trade stands at $10 Billion. In a meeting with Erdogan in Ankara on Friday, Jahangiri said Iran and Turkey as two […]

Korean companies to build dam in west of Iran 23 Oct 2017

Korean companies to build dam in west of Iran

TEHRAN- South Korea will construct a dam in west of Iran, South Korean Ambassador to Tehran Kim Seung told IRIB news in an exclusive interview. The dam with a height of over 300 meters to be built on Bakhtiari River in Iran’s western city of Khorram-Abad through cooperation of South Korean companies will be one […]

Iran-China trade turnover exceeds $24b in 8 months 23 Oct 2017

Iran-China trade turnover exceeds $24b in 8 months

TEHRAN – The value of trade between Iran and China registered a 24 percent rise in the first eight month of 2017 to exceed $24 billion, Tasnim news agency reported. According to China’s customs administration, the two countries’ trade turnover for the first eight months of 2016 stood at $19.5 billion while the figure was […]

Tehran to host 230 firms in intl. leather exhibit 23 Oct 2017

Tehran to host 230 firms in intl. leather exhibit

TEHRAN- The Fourth International Exhibition of Footwear, Bag, Leather and Related Industry of Iran, which is going to be held in Tehran from October 25 to 28, will host 230 Iranian and foreign companies. Trade delegations from Russia, China, Italy and Turkey will also visit the exhibition, which will be held at the Tehran Permanent […]

Exports from industry, mining sectors shows up to 300% rise in H1 23 Oct 2017

Exports from industry, mining sectors shows up to 300% rise in H1

TEHRAN – The exports of 35 Iranian products from industry and mining sectors rose from 10% to 300% during the first six months of the current Iranian calendar year (March 21-September 22), the portal of Trade Promotion Organization (TPO) of Iran reported. According to Masoud Kamali Ardakani, director general of the office for export development […]

IRISL’s fleet average life to decrease to 16 years in Mar. 2018 23 Oct 2017

IRISL’s fleet average life to decrease to 16 years in Mar. 2018

TEHRAN- Through the arrival of the first vessel Iran has purchased from South Korea on March 2018, the average life of the Islamic Republic of Iran Shipping Lines (IRISL)’s fleet will be reduced to 12 years from the current 16 years, according to IRISL managing director. As Mohammad Saeedi announced, the rest nine vessels will […]

IME trade volume grows by 17% 23 Oct 2017

IME trade volume grows by 17%

During weekdays ending up to 19 October, 604,409 MT of commodities worth over $281 million were traded in Iran Mercantile Exchange, showing a growth of 17% in trade volume. According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 281,769 MT […]

Annual economic growth stands at 7% 23 Oct 2017

Annual economic growth stands at 7%

Iran’s economic growth, excluding oil, reached 7% during a one-year period from March 2016 to March 2017. Javad Hosseinzadeh, a senior official with Statistical Center of Iran, made the announcement adding that the country’s gross domestic product (GDP), including oil, grew from 50.1 billion dollars to 53.6 billion dollars in the same period indicating a […]