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The capacity of Iranian ports has increased to 290 million tons, according to the head of the country’s Ports and Maritime Organization (PMO). Ali-Akbar Safaei said the increase in the loading and unloading capacity of the ports has led to the growth of the country’s maritime trade by eight percent in the current Iranian calendar […]
The three islands of Abu Musa, Greater Tunb, and Lesser Tunb, despite their small size, carry strategic and distinctive importance. These islands indeed play a crucial role in controlling maritime movements at the entrance of the Persian Gulf and the Strait of Hormuz. The enduring and legitimate presence of Iran has been instrumental in upholding […]
When Donald Trump announced that he was re-imposing sanctions on Iran, and even intensifying them, the future began to look bleak and uncertain for me and the large population of Iranian youth. In 2018, As Trump stood before journalists and spoke of the “maximum pressure campaign”, the Iranian public was sent into a furor. Those […]
During the past Iranian calendar week (ended on Friday), Iran Mercantile Exchange (IME) witnessed trade of 3,029,447 tons of commodities with a total trading value of more than $883 million on its physical market. As reported by the IME’s Public Relations and International Affairs Department, the exchange saw on its metals and minerals trading floor […]
The value of Iran’s non-oil trade with its neighbors reached $49.83 billion during the first 10 months of the current Iranian calendar year (March 21, 2023-January 19, 2024), the spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining and Trade said. Ruhollah Latifi put the weight of non-oil trade […]
As announced by a provincial official, medicinal plants were exported from North Khorasan province, in the northeast of Iran, for the first time. Mohammad Rezaei, the director of plant protection in the province’s Agriculture Department, announced the export of three shipments of medicinal plants with the total weight of over 49 tons from the customs […]
An official with Iran’s Agriculture Ministry announced that new regulations have been set for the export of medicinal plants. Hossein Zeynali, the director of the ministry’s medicinal plants national plan, said that in the new export regulations, medicinal plants have been divided into three categories: prohibited, conditionally permitted, and cultivated. New export regulations were formulated […]
The Iranian railway fleet received 685 new domestically-made or renovated wagons and locomotives worth 33.58 trillion rials (about $67.7 million), in a ceremony on Monday.
Rear Admiral Shahram Irani, Commander of the Iranian Navy, announced plans for a joint naval drill with China and Russia aimed at strengthening regional security. Speaking at a training center for marines in northern Iran, Admiral Irani emphasized the exercise’s goal of “preserving and safeguarding the economic interests and reservoirs of the country,” while also […]
The Iranian Association of Islamic Finance (IAIF) held a pre-session on the 9th Islamic Finance Conference on February 4.