Iran ready to resume negotiations on NDB membership: Official
Iranian Deputy Foreign Affairs Minister Mehdi Safari said on Friday that the country is completely ready to resume discussions on potential membership in BRICS' New Development Bank (NDB), IRNA reported.
Iran-China trade exceeds $8.5b in 7 months
The value of trade between Iran and China reached $8.540 billion in the first seven months of the current year, registering an 11 percent decline, year on year.
Tehran, Kuala Lumpur discuss expansion of agricultural ties
Iranian Agriculture Minister Mohammad-Ali Nikbakht met and held talks with Minister of Foreign Affairs of Malaysia Zambry Abdul Kadir in Tehran on Wednesday to explore avenues of cooperation between the two countries in the agricultural sector.
Iran’s booming oil exports exceed 2m bpd: report
Iran’s oil exports continue to increase in August, surging above two million barrels per day (bpd) which is their highest since the beginning of the year, Bloomberg reported on Monday citing TankerTrackers data.
Tourism Malaysia, Air Arabia’s Joint Destination Seminars in Iran
TEHRAN - Tourism Malaysia’s efforts to publicize its comprehensive promotional activities continue to the Middle Eastern region, Iran. The joint destination seminars are being held on August 20-22 in conjunction with Air Arabia flight operation to Malaysia since March 20, 2023 with daily flights from Sharjah to Tehran, Shiraz, Mashhad and 4 weekly flights to Lar in addition to 3 weekly flights from Abu Dhabi to Tehran.
China’s Iranian oil imports hit 10-year record high: report
China’s oil imports from Iran have been soaring in August so that the shipments are expected to reach 1.5 million barrels per day (bpd), the highest since 2013, Blomberg reported citing estimates from data intelligence firm Kpler.
Iran extends gas-for-electricity swap deal with Armenia
The National Iranian Gas Company (NIGC) has renewed and revised a contract with Armenia to increase the volume of natural gas exports to the landlocked neighboring country until 2030, Shana reported.
Natural gas storage capacity to rise to 100mcm by March 2027
The capacity of natural gas storage in Iran will rise to 100 million cubic meters (mcm) by the Iranian calendar year 1406 (March 2027), the managing director of Iranian Gas Engineering and Development Company (IGEDC) announced.
‘Lack of knowledge about capacities, a main obstacle to Iran-Guinea trade’
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Hossein Selahvarzi has said that lack of mutual knowledge about the trade capacities of Iran and Guinea is a major obstacle in the way of expanding economic exchanges between the two countries.
MAPNA investing €6.5b in power projects overseas
As Iran’s largest contractor for steam, gas, and combined cycle and renewable power plants, MAPNA Group has expanded its overseas activities, investing €6.5 billion in various foreign countries, the company’s managing director said.