New Iran-Oman Shipping Route to Help Boost Bilateral Trade

New Iran-Oman Shipping Route to Help Boost Bilateral Trade

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The new shipping route launched between Iran’s Khorramshahr Port and Oman’s Sohar Port on Saturday is expected to increase bilateral trade to $5 billion in the next four years, the chairman of Iran-Oman Chamber of Commerce said. Mohsen Zarrabi added that trade between the two countries […]

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A Success Story About Investing in Iran

A Success Story About Investing in Iran

Nestle now has a 93% share in Iran’s market for baby cereal and a 49% share for infant formula; it has created 900 direct and 2,000 indirect jobs; and exports from Iran to all Middle Eastern countries, except Saudi Arabia Reported by HPMM Group according to FINANCIAL TRIBUNE ; Global businesses started to reconsider their […]

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Russian Funds for Iranian Projects to Boost Infrastructure

Russian Funds for Iranian Projects to Boost Infrastructure

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The funds attracted from the Eximbank of Russia will be mainly used for implementing infrastructure projects and not importing consumer goods, the director of the Organization for Investment, Economic and Technical Assistance of Iran announced. “After the agreement between the presidents of Iran and Russia, executive […]

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Iran’s Tiles, Ceramics Exports to Pakistan Reach $20 Million

Iran’s Tiles, Ceramics Exports to Pakistan Reach $20 Million

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran exported 8.5 million square meters of tiles and ceramics worth $20 million to Pakistan during the eight months to Nov. 21, Iran’s commercial attache to Pakistan said. Morad Nemati Zargaran also estimated that the export value will reach $30 million by the end of the […]

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INSTC: Construction of Mashhad-Zahedan Railroad Starts

INSTC: Construction of Mashhad-Zahedan Railroad Starts

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran has commenced the construction of Mashhad-Zahedan Railroad that is an integral part of the International North–South Transport Corridor to connect Central Asia to high seas through Iran’s Chabahar Port on the coast of the Indian Ocean. “The first block of Mashhad-Zahedan Railroad is 40 kilometers […]

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Belarus in Talks with Iran to Sell Beef

Belarus in Talks with Iran to Sell Beef

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Belarus is in negotiations on selling beef to Iran. The possibility of selling Belarusian beef to Iran was discussed by Ambassador of Belarus to Iran Yuri Lazarchik and Iranian Deputy Agricultural Minister Hassan Rokni, the press service of the Belarusian Ministry of Foreign Affairs told BelTA. […]

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Russia to Supply Unique Ore Pretreatment Systems to Iran

Russia to Supply Unique Ore Pretreatment Systems to Iran

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Russia’s company Technoros, specializing in the development of ore quality control systems, will supply its technologies and ore pretreatment equipment to Iran, the firm’s general director said. Igor Katser also told Sputnik new agency, “Our system allows you to quickly and efficiently sort out ores of […]

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AML Violations to Zero Out in Iran Banking Sector

AML Violations to Zero Out in Iran Banking Sector

Central Bank of Iran’s head of anti-money laundering division says active measures are being pursued with the aim of bringing down crimes and violations in the banking system to zero in the foreseeable future Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The Central Bank of Iran, in tandem with the Economy Ministry, is […]

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Iran H1 Economic Growth at 5.6%

Iran H1 Economic Growth at 5.6%

The SCI has put H1 growth at 6% without taking into account oil production The services sector saw the highest growth at 7.2% during the first half of the current year Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran’s economy grew by 5.6% in the first half of the current fiscal (March 21-August […]

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۴ Nations Discuss Expansion of North-South Transport Corridor

۴ Nations Discuss Expansion of North-South Transport Corridor

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Railway officials of Iran, Russia, Azerbaijan, and Belarus met in Baku on Tuesday to discuss finalizing issues related to the International North-South International Corridor, IRNA reported on Wednesday Organizing freight transportation and boosting transit capacity of the western wing of the corridor were in the two-day […]

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