Tag: Economy
Two other oil tanker on fire afte hitting mines in Hormuz
TEHRAN, Nov. 06 (MNA) – IRGC Navy said Friday that two other oil tankers were halted after striking naval mines in the Strait of Hormuz.
Coordination meeting held for 4th permanent Iran-Africa economic summit
TEHRAN- The Head of the Trade Promotion Organization of Iran identified the identification of firms with real export capacity, the supportive role of development organizations, facilitation of financing, and paving the way for concluding trade contracts as requirements for leveraging the Iran-Africa Trade Summit in the path of developing Iran’s exports to African markets.
Iran’s regional energy diplomacy roadmap announced
TEHRAN- Iran’s Acting Oil Minister announced the approval and announcement of the document and roadmap for Iran’s regional energy diplomacy at the Strategic Headquarters for Regional Energy Trade and said: “Under this document, the country’s action plan in the areas of oil and petroleum products, gas, and petrochemicals has been drawn up with specific indicators.”
Competitive exports, strengthening trade corridors: strategic axes of Iran-China interactions
TEHRAN- The Director General of the East Asia, Subcontinent, and Oceania Office of the Trade Promotion Organization of Iran, at the Iran-China Trade and Investment Conference, described the development of exports of higher value-added goods and the strengthening of trade corridors between the two countries as two important and strategic axes for expanding economic and…
Gas consumption management scenarios for winter prepared
TEHRAN- The CEO of the National Iranian Gas Company announced the preparation of consumption management scenarios for gas-stressed provinces and, emphasizing the role of public cooperation in ensuring sustainable gas supply, cited campaigns such as “20 Degrees” and “Warm Room” as part of the plans to reduce consumption in the cold season.
Korean embassy in Iran bridges cultures through Korea–Iran art exhibition during Korea Week 2026
TEHRAN- In a vivid celebration of cultural diplomacy, the Embassy of the Republic of Korea in Iran, led by Ambassador Kim Junpyo, hosted the VIP opening ceremony of the Korea–Iran Art Exhibition at the Ambassador’s Residence on November 5 as part of Korea Week 2026.
Trump’s economic plan against Iran backfired: Hemmati
TEHRAN, Nov. 04 (MNA) – Iran’s Central Bank Governor Abdolnaser Hemmati says US President Donald Trump’s attempt to bring about Iran’s economic collapse has instead led to the political rejection of his own party in the US elections.
Auto parts, accessories exhibition running in Shiraz
TEHRAN- The 25th International Exhibition of Auto Parts, Accessories and Assemblies opened on Tuesday afternoon at the permanent venue of Fars International Exhibitions, with the participation of 120 manufacturing and distribution companies across an area of 4,500 square meters, aiming to showcase domestic production capabilities, strengthen the supply chain, and attract investment.
TPO pledges to resolve banking, currency challenges facing technical-engineering services exporters
TEHRAN- Mohammad Ali Dehghan Dehnavi, Deputy Minister of Industry and Head of Iran’s Trade Promotion Organization (TPO), met with the Iranian Association of Technical and Engineering Services Exporters to address sector challenges.
Oil ministry, private sector meet to tackle winter gas supply, energy challenges
TEHRAN- The consultative meeting on the importance of sustainable natural gas supply in the cold season, the challenges facing the energy sector, and their effects on the country’s economic and industrial activities was held on Tuesday, with the participation of Hamid Bovard, Acting Oil Minister; Saeed Tavakoli, CEO of the National Iranian Gas Company; Mohammad…