European Insurers Have to Pay Compensation for Downed Ukrainian Plane
Iranian insurance companies will not compensate Ukraine International Airlines for its plane Tehran accidentally downed in January because the passenger jet was insured by European firms, the head of Iran's Central Insurance Organization said yesterday.
China, Top Destination for Iran Exports
China, Iraq, the UAE, Afghanistan and Turkey have been the five top destinations for Iran’s exports in the first four months of the current year while China, the UAE, India and Germany have been the major exporters to Iran in the same period.
70% of Oil Equipment Indigenized
Oil Minister Bijan Namdar Zanganeh says over 70 percent of equipment needed for the recent oil contracts are produced in the country.
Beirut’s Wound Was Wound of Negligence
The massive explosion in Beirut port shocked the world. Some 2,750 metric tons of ammonium nitrate stored at a warehouse in a port which was the vital economic vein of Lebanon
Iran Has Bought Large Number of Planes Amid Sanctions
New Head of Iran's Civil Aviation Organization (CAOI) in his introductory ceremony said that the country has bought several planes during the sanctions era and at the same time new airlines have been launched.
Ghadir-e Khum, the Fate of Humans’ Perfection
It is the tenth year of Hijra (Prophet Muhammad (PBUH)’s departure from Mecca to Median in AD 622) and the Prophet (PBUH) is on return from his last pilgrimage to Hajj.
Iran Eyes Boosting Its Trade With Iraq to $20b
Head of Iran Trade Promotion Organization (TPO) says the current trade capacity of Iran with Iraq is $9b per annum but with the outlook set by the government it is tp be enhanced to $20b
Car Production Comes Out of Negative Growth
Acting Minister of Industry, Mine and Trade Hossein Modarres Khiabani says the car production in the first four months of the current year has grown by 19 percent and after two years, the car industry has come out of negative growth.
30% of Cooperative Sector Affected by the Virus Pandemic
Head of Iran Chamber of Cooperative Bahman Abdollahi says the outbreak of the Coronavirus has affected all businesses and the cooperative sector is not an exception and almost 30 percent of the sector has been seriously affected by the pandemic.
Iran Exports to Iraq Up by 20%
A member of presiding board of Iran-Iraq Chamber of Commerce says Iran’s exports to Iraq in the current year have increased by 20 percent comparing to the same period last year.