The Chief of Staff of Iran’s Armed Forces, Major General Mohammad Bagheri, has said that Iranian naval forces have been invited to the Pakistani-hosted upcoming AMAN-25 naval exercise, and Iran will participate.

TEHRAN - Masoud Barahman, the head of the Iran-Africa Joint Chamber of Commerce, spoke with ILNA about the ongoing challenges and opportunities in trade between Iran and the African continent. He highlighted issues related to shipping, financial transactions, necessary bank guarantees for participating in tenders, and the lack of direct flights to Africa, which continue to complicate trade relations.

Iran Airtour, a private airline, is launching direct flights from Tehran to Paris, despite Western sanctions targeting the country’s aviation industry.

TEHRAN - According to a joint report by the Iran-South Korea Chamber of Commerce, Iran's non-oil exports to South Korea surged 180% in 2024, reaching $8.609 million, while South Korea's exports to Iran fell by 11% to $142.631 million.

Iran’s Foreign Ministry spokesperson Esmail Baghaei says the Islamic Republic has never negotiated its military capabilities with other parties, and will never do so.

Russia’s second largest bank, VTB, has said it is scheduled to convert its Tehran office into a branch.

TEHRAN - The Commercial Counselor of the Islamic Republic of Iran in Afghanistan announced an 84% increase in trade and commercial exchanges between Iran and Afghanistan in 2024 compared to 2023, highlighting the ongoing growth in bilateral trade over the past two years.

The Commander of the Islamic Revolution Guards Corps (IRGC), Major General Hossein Salami, has unveiled a strategic underground base belonging to the IRGC Navy.

TEHRAN - In recent weeks, reports of foreign companies, such as Saudi Arabia's Savola Group, the UAE's Majid Al Futtaim, and the European company LLC, exiting the Iranian market have raised concerns. While some view these departures as indicative of Iran's struggles in retaining foreign investment, Hossein Salimi, head of the Iranian-Foreign Joint Investment Association (IFJIA), dismissed such claims in an interview with ILNA.

TEHRAN – During the meeting of Iranian and Tajikistani economic leaders, the President of Iran's Chamber of Commerce, Samad Hassanzadeh, emphasized the extensive shared heritage between Iran and Tajikistan. He highlighted opportunities to expand bilateral cooperation in petrochemical industries, oil, gas, medical equipment, healthcare, and tourism sectors.