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Iran Exports $110 Million of Pistachio to 44 Countries in 5 Months: Official
Some 16,000 tons of quality pistachio, valued at about $110 million, were exported to 44 countries in the first five months of the current Iranian calendar year (March 21 to August 22), the head of the foreign trade office of the Iran…
Iran to Create $150 Billion Investment Opportunities in Petchem Industry: NPC Chief
The chief executive of the National Petrochemical Company (NPC) said that about $15 billion worth of investment opportunities are being prepared in the petrochemical industry for the next 10 years.
Speaking in the signing ceremony of a…
Construction of Shalamcheh-Basra Railway to Be Completed in 18 Months: Official
Iran’s deputy minister of roads and urban development for transportation affairs said that the construction operation of the Shalamcheh-Basra Railway will be completed within the next 18 months.
Shahriar Afandizadeh made the remarks on…
Iran, India Settle Problems in Contract on Developing Chabahar Port: PMO Chief
The chief executive of Iran’s Ports and Maritime Organization (PMO) on Wednesday announced the settlement of the problems in a contract inked between Iran and India for developing the strategic Chabahar Port, saying that only a paragraph of…
Iran’s SAIPA to Export 120,000 Cars to Russia: CEO
The CEO of SAIPA Auto Making Company, Iran’s second-largest car manufacturing company, said a contract has been inked for exporting 120,000 passenger and commercial vehicles to Russia.
Mohammad Teymouri pointed to his visit to Russia’s car…
Iran’s Oil Output, Exports Surge in August Despite US Sanctions
ran’s oil production and exports jumped in August despite the US sanctions, according to consultants and companies that track tanker shipments.
Analysts said the higher exports appear to be the result of Iran’s success in evading US…
BRICS Expansion Will Strengthen OPEC+, Provide More Leverage: US Economist
The recently-announced BRICS expansion will strengthen the Organization of the Petroleum Exporting Countries Plus (OPEC+) and give BRICS nations more leverage in negotiations on the global stage, a US economist said on Friday.
"The BRICS…
OPEC Oil Output Rises in August as Iran Hits 2018 High: Report
OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday, despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
The Organization…
Inauguration of SP Phases 11, 14 Outcome of Reliance on Iranian Experts: NIGC Chief
The inauguration of phases 11 and 14 of the South Pars gas field, promotion of energy diplomacy, and increase in gas and condensate exports despite the sanctions are indicative of the Oil Ministry’s reliance on Iranian experts and managers’…
Islamabad-Tehran-Istanbul Transport Corridor ‘Giant Leap in Boosting Regional Trade’
The chairman of the Pakistan-China Joint Chamber of Commerce & Industry (PCJCCI) said the Pakistan-Iran-Turkey Road Transport Corridor is a giant leap in regional trade.
China and Pakistan Economic Corridor (CPEC) and Belt and Road…