TEHRAN- President of Johannesburg Chamber of Commerce and Industry (JCCI) Herman Breedt announced that South Africa can act as a hub for exports of Iranian products to other African countries, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Tuesday. In a meeting with ICCIMA Vice President Masoud Khansari, who […]

TEHRAN – An official at the National Iranian Oil Company (NIOC) said on Tuesday that nominated companies for the development of three Iranian oilfields have been determined and the deals will probably be signed before the end of the current Iranian calendar year (March 20, 2018), ISNA reported. According to Karim Zobeidi, NIOC’s deputy managing […]

TEHRAN- Head of Iranian Mines and Mining Industries Development and Renovation Organization Mehdi Karbasian announced that Iran has exported more than four million tons of steel during the first half of the present Iranian calendar year (March 21- September 22, 2018) and the figure will reach 10 million tons by the yearend (March 20, 2018). […]

TEHRAN- The Statistical Center of Iran announced that the inflation rate for the 12-month period ended on the last day of the seventh Iranian calendar month of Mehr (October 22) compared to the same period in the previous year hit 8.2 percent. The figure shows 0.2 percent rise from the inflation rate for the 12-month […]

TEHRAN – In a meeting at Management and Planning Organization of Iran on Monday, Transport and Urban Development Minister Abbas Akhoundi outlined the ministry’s programs for expansion of the country’s railway network. As IRNA reported, the minister said 516 kilometers of railroad is going to be built by the end of the current Iranian calendar […]

TEHRAN – The value of exports from Iran’s Small and Medium Enterprises (SMEs) reached $1.1 billion in the first seven months of the current Iranian calendar year (March 21-October 22), IRNA reported. According to Ali Yazdani, the managing director of Iran Small Industries and Industrial Parks Organization, the figure is expected to reach $2 billion […]

TEHRAN – The first Iran-Germany Joint Energy Committee meeting was held in Tehran on Tuesday, Shana reported. Addressing the meeting, Iranian Deputy Oil Minister for International Affairs and Trading Amir Hossein Zamaninia touched upon the two countries’ long history of cooperation and said Iran and Germany have great potentials for mutual cooperation in various areas […]

TEHRAN- To stimulate an increase in bilateral trade between the two countries, South African Minister of Small Business Development Lindiwe Zulu requested Iran to ease the visa requirements for South African business-people, BusinessReport reported on Wednesday. The African minister made the remarks on Tuesday during South Africa-Iran Business Forum held on the margins of the […]

TEHRAN – China’s September oil imports from Iran increased 59 percent from the same month a year earlier, Reuters reported citing the country’s customs data. The country Shipped in about 784,060 barrels per day (bpd) or 3.22 million tons of Iranian crude in September, compared with 1.9 million tons in the same period in 2016. […]

TEHRAN- The Iranian capital is simultaneously hosting four international exhibitions from October 25 to 28 at the Tehran Permanente International Fairground, IRIB news reported on Wednesday. The three international exhibitions include the 4th International Exhibition of Footwear, Bag, Leather and Related Industry, the 16th International Exhibition of Heating, Cooling, Ventilating, Air Conditioning and Refrigerating, and […]