Entries by Admin

Iran-Kazakhstan stress maritime, ports cooperation

Tehran (IP)- During the webinar on Iran- Kazakhstan maritime, ports, and road transport, the two countries stressed the expansion of maritime cooperation. Iran Press/Iran News: In the Iran-Kazakhstan Maritime Transportation Webinar, which was attended by shipping, ports and roads officials of the two countries, the two sides stressed the need to continue cruises by Ro-Ro […]

Transit of commodities via railway up 220% in H1

TEHRAN- Transit of goods through Iran’s railway network rose 220 percent during the first half of the current Iranian calendar year (March 20-September 21), compared to the first half of the past year, the head of the Islamic Republic of Iran Railways (known as RAI), announced. Saeed Rasouli also stated that the railways’ share of […]

BP investing in Middle East oil while pledging a renewables shift

By Anthony Di Paola on 11/27/2020 (Bloomberg) –BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions. The company is a major producer in countries such as Iraq, where it operates the world’s third-largest oil field of Rumaila, the […]

Aramco Kicks Off Bond Sale

(Bloomberg) — Saudi Aramco kicked off a jumbo bond sale Tuesday to help fund a $75 billion dividend, returning to the debt markets for the first time since April of last year. The state energy firm is raising debt after slumping crude prices caused profit to fall by 45% in the third quarter. That’s left it unable to generate […]

Iran, Qatar ink co-op MOU in 7th joint economic committee meeting

TEHRAN – Iran, and Qatar signed a memorandum of understanding (MOU) for cooperation in a variety of areas at the end of the two countries’ seventh Joint Economic Committee meeting which was held in Isfahan on Tuesday. Based on this MOU, the two sides are going to cooperate in forming a joint trade working group […]

Non-oil trade exceeds $44b in 8 months

TEHRAN – The value of Iran’s non-oil trade during the first eight months of the current Iranian calendar year (March 20-November 20) reached $44.6 billion, according to Head of the Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mirashrafi. In the mentioned eight months, Iran imported $23.1 billion worth of goods, while the exports stood […]

Visit WIPO’s Virtual Exhibition on AI and IP

Visit the newly launched “WIPO: AI and IP, A Virtual Experience,” an immersive online exhibition using the latest 360 degree scanning technology to foster a more-comprehensive understanding of the relationship between AI and IP policy and the questions facing policymakers. Interactive elements include AI-created music, neural networks with human-like abilities and robotic artists, like the […]

Europe-Iran Business Forum to run next month

TEHRAN- A conference on investment opportunities in Iran, aimed at attracting the European investors who want to tap Iranian markets if the U.S. sanctions are again lifted, will take place next month, Bloomberg reported. The Europe-Iran Business Forum, which is funded by the European Union, will run during December 14-16 and will be the first of […]

Iran, Serbia keen on boosting trade cooperation

Belgrade, Nov 16, IRNA – Serbian Minister of Trade, Tourism and Telecommunications Tatjana Matic and Iran’s ambassador in Belgrade on Monday stressed the need for promoting commercial collaboration. During the meeting, Matic said that in addition to discussing the free trade agreement and session of joint commission, it is important to agree on a joint […]

Agricultural exports increase 13.8%

The value of Iran’s agricultural products export has risen 13.8 percent during the first seven months of the current Iranian calendar year (March 20-October 21), compared to the same period of time in the past year, according to an official with the Islamic Republic of Iran Customs Administration (IRICA). Mehrdad Jamal Orounaqi, the IRICA deputy […]