Business

  • Copper projects worth over $950m inaugurated

    Four development projects worth 40 trillion rials (about $952.3 million) were inaugurated in the copper sector of Kerman Province in the southeast of Iran on Thursday, Shata news reported. As reported, President Hassan Rouhani put…

  • Transport Fallout from COVID-19 Estimated at $495 Million

    Iran’s transportation sector has sustained an estimated loss of 80,000 billion rials ($495 million) following the outbreak of coronavirus, an official with the Ministry of Roads and Urban Development said.  “After tourism, the transportation sector…

  • Iran to launch 5 new free trade zones

    The Iranian parliament has approved plans for launching five new free trade zones (FTZ) in the north and east of the country. The parliament on Monday allowed the government to prepare the required conditions for…

  • Update on Iran’s Border Crossings Amid Coronavirus Outbreak

    Spokesman of the Islamic Republic of Iran Customs Administration Rouhollah Latifi has given the latest account of Iran’s commercial exchanges through border crossings with neighboring countries, as the outbreak of the new coronavirus restricted the…

  • 83% Rise in Freight Transport From Chabahar

    Atotal of 197,474 tons of essential goods, including wheat, rice and livestock feed, were transported from the southeastern port of Chabahar to the mainland from Feb. 20 to April 3 by 7,586 trucks, an official…