Category: economy
Iran, Turkmenistan targeting $3bn annual trade turnover
TEHRAN, Sep. 21 (MNA)–Trade exchanges between Iran and Turkmenistan in the current Iranian calendar year (Mar. 21) has witnessed considerable growth in the fields of energy and transit, so that the two countries are targeting $3 billion annual trade.
Integrated production services contract signed for operation of 55 wells in Azadegan oil field
TEHRAN- With the signing of an Integrated Production Services (IPS) contract between Oil Exploration Operations Company and Dasht-e Azadegan Arvand Oil and Gas Development Engineering Company, a new chapter of synergy began in the field of protective production and increasing the recovery factor of the Azadegan oil field.
Targeted development of trade relations between Iran, Kyrgyzstan necessary: TPO head
TEHRAN- The Head of the Trade Promotion Organization (TPO) of Iran, in a meeting with Iran’s ambassador-designate to Kyrgyzstan, emphasized the necessity of targeted development of trade relations, identification of the two countries’ export capacities, and the dispatch and reception of trade delegations.
ICCIMA trade delegation departs for Tashkent
TEHRAN- Hossein Pir-Moazen, Vice President of the Iran Chamber of Commerce, Industries,Mines and Agriculture (ICCIMA) has departed for Tashkent at the head of a specialized delegation comprising some heads of provincial chambers, heads of specialized committees of the Iran Chamber, heads of associations, and those active in the food industry, agriculture, and related industries.
Digital Banking Shifts to Ecosystem Wars
Digital banking competition is transitioning from card visuals and gamification to integrated business ecosystems, where future market leadership belongs to platforms embedded in comprehensive economic value chains.
The Real Cost of Delayed Chemical Shipments: How Logistics Affect Industrial Procurement
For industrial buyers, the cost of a chemical shipment is not limited to the price per ton. Delivery time, freight, documentation, packaging, and route selection can all affect the final cost. This is why chemical shipment delays can create problems that are much more expensive than the original difference between two supplier quotations. A shipment…
Trump’s Iran war ignites global diesel crisis
TEHRAN-As diesel prices shatter records across three continents, evidence mounts that the Trump administration’s military confrontation with Iran and its failure to anticipate the Strait of Hormuz disruption have triggered a supply chain catastrophe that threatens to push the global economy into recession.
Iran, Grigor Hakobyan,
TEHRAN- The Armenian ambassador to Iran, referring to the role of the Railway of the Islamic Republic of Iran in connecting landlocked countries of the Commonwealth of Independent States (CIS) to international routes, emphasized the expansion of rail and trade cooperation between the two countries.
Iran, India examine mechanisms to strengthen bilateral ties by leveraging BRICS capacities
TEHRAN- The new Indian ambassador to Iran, at the start of his mission, visited the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and met with the chairman of the Chamber. In this meeting, while referring to the economic capacities and the history of Iran-India cooperation, the two sides emphasized the need to revive…
ICCIMA announces five-party MOU, launches SPX system, proposes forex plan to CBI
TEHRAN- The President of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) announced the conclusion of a five-party memorandum of understanding at the meeting of the Government-Private Sector Dialogue Council on Monday, September 21, and said: The purpose of concluding this memorandum is to increase interaction and coordination between governance institutions related to…