Category: 4. Business

TEHRAN – Iran plans to reduce the average time for customs clearance to three days through major reforms in the sector, the economy minister said.

Seyed Ali Madanizadeh said customs reform is one of his top priorities, with measures to ensure…

TEHRAN – Pars Oil and Gas Company (POGC) has completed major maintenance on 16 of the 35 offshore gas platforms scheduled for overhaul this year in the giant South Pars field, a senior oil official said.

Sepahdar Abbaszadeh, deputy for…

Iran’s handicrafts sector, deeply rooted in millennia of cultural heritage, remains a vital yet often overlooked part of the country’s economy.

While the nation’s vast oil reserves have long dominated headlines…

Overhaul of 16 Offshore Platforms in South Pars Completed

TEHRAN (Iran News) Speaking to IRNA, Sepahdar Abbaszadeh provided detailed updates on the company’s ambitious program to overhaul 35 offshore oil and gas platforms in South Pars during…

Iran and FATF to Hold First Direct Talks in Six Years

TEHRAN (Iran News) According to the center, the invitation was extended to Hadi Khani, Secretary of Iran’s Supreme Council for the Prevention and Combating of Money Laundering and Terrorism…

TEHRAN – The overhaul of the fifth refinery of Iran’s South Pars gas field has been successfully completed, the manager of the refinery announced.

Kambiz Sefati said that the major overhaul of the fifth refinery at the South Pars Gas Complex was…

TEHRAN- As announced by the head of the Islamic Republic of Iran Customs Administration (IRICA), liquefied propane was the second major non-oil products Iran exported in the first four months of the current Iranian calendar year (March 21–July…

TEHRAN – Iran is ready to provide facilities for landlocked member states of the Economic Cooperation Organization (ECO) to develop multimodal transport links, Transport and Urban Development Minister Farzaneh Sadegh stated.

Speaking at a…

TEHRAN – Islamic Republic of Iran Shipping Lines (IRISL) has climbed three spots to become the world’s 16th largest container shipping line, according to the latest ranking by Alphaliner.

The upgrade, achieved in just a few months, reflects a…

TEHRAN- The Makran region, with its strategic expanse along the coast of the Oman Sea, is one of Iran’s key areas in regional economic and geopolitical dynamics. Not only does it serve as a gateway to international waters and trade routes to…