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today July 19, 2025 - Saturday - 22 محرم 1447 - July 19, 2025

News

2025-07-16

Launch of the International Free Zones Stock Exchange by the end of the year to attract domestic and foreign capital.

Secretary of the Supreme Council of Free and Special Economic Zones: If the International Stock Exchange is launched by the end of the year, it could play an effective role in attracting domestic and foreign capital, developing free zones, and financing major projects.
2025-07-16

Chinese contractor to electrify Iran’s east-west railway.

Iran has awarded a contract to a Chinese company to electrify its east-west railway amid plans to increase freight transit from China to other countries via the Iranian railway.
2025-07-16

Iran’s ports handle 53m tons of cargo in Q1.

Iran’s ports handled a total of 53 million tons of cargo during the first quarter of the current Iranian calendar year (March 21-June 21), according to a report published by the country’s Ports and Maritime Organization (PMO).
2025-07-16

Exports to Africa jump 85% in spring, trade surplus more than doubles.

Iran’s exports to African countries rose 85 percent in the first quarter of the current Iranian year (March 21- June 21) compared to the same period last year, while its trade surplus with the continent surged by 113 percent, a senior official at Iran’s Trade Promotion Organization (TPO) said...
2025-07-15

Chinese contractor to electrify Iran’s east-west railway.

Iran has awarded a contract to a Chinese company to electrify its east-west railway amid plans to increase freight transit from China to other countries via the Iranian railway.
2025-07-15

We aspire to true privatization.

The Minister of Economy stated: During its current term, the Ministry of Economy and Finance is working to develop the private sector and achieve true privatization.
2025-07-15

China's imports of Iranian crude hit three-month high – Bloomberg.

China's imports of Iranian crude oil surged in June to their highest level since March, reaching over 1.7 million barrels per day (bpd), as sellers accelerated shipments to avoid potential disruptions linked to Iran’s conflict with Israel, Bloomberg reported.
2025-07-15

Iran an important partner in One Belt, One Road initiative: China Railway general manager.

The general manager of China State Railway Group Company, known as China Railway (CR), considered Iran an important partner in the "One Belt, One Road" initiative and emphasized the need for coordination to stabilize prices and facilitate customs processes in the Southern Corridor.
2025-07-14

Iran’s ports handle 53 mn tons of cargo in first quarter.

Iran’s ports handled a total of 53 million tonnes of cargo during the first quarter of the Iranian year 1404 (March 21st - June 20th), according to new figures released by the Ports and Maritime Organisation (PMO).
2025-07-14

118,000 tons of commodities cleared from free zones in less than two weeks / 54% growth in foreign investment.

Secretary of the Supreme Council of Free Zones and Special Economic Zones: One of the main priorities of these free zones in recent months has been to accelerate the clearance of commodities, which has been successfully achieved.
2025-07-14

Iran’s oil exports at all-time records in May.

Data released by international tanker tracking services show that Iran’s oil exports were at record highs in May despite US President Donald Trump’s continued efforts to impose sanctions on buyers of Iranian oil.
2025-07-14

Iran Mehran border crossing exports over $290 mln goods in Q1.

The director general of customs offices of Ilam province has said $290.478 million worth of non-oil goods were exported from Mehran Border Crossing overseas in first three months of current Iranian calendar year (March 21).
2025-07-14

Iran plans fundamental change in free trade zones to boost trade, productivity.

Iran is set to implement a major restructuring of its free trade zones in a bid to revive their role in regional commerce and national economic development, said Reza Masrour, secretary of the Free and Special Economic Zones High Council.
2025-07-14

Nearly 600 mines revived in one year, hitting record high.

Iran restored or expanded nearly 600 mines in the past Iranian calendar year (ended late March 2025), marking the highest annual performance since the launch of the country's small-scale mining revitalization program, the head of the Iranian Mines and Mining Industries Development and...
2025-07-13

Iran to Stimulate Investment in Renewable Energy.

The heads of the three branches of power in Iran unveiled plans to encourage investment made by the private sector in renewable energy solutions.
2025-07-13

Govt. eyes 3,000 MW renewable energy capacity by Mar. 2026.

Iran's push to expand renewable energy capacity is gaining momentum, with Energy Minister Abbas Aliabadi unveiling a new 100-megawatt renewable energy project and expressing hope that total installed capacity will exceed 3,000 megawatts by the end of the current Iranian year (March 2026).
2025-07-13

Description of the Program for the Reorganization and Fundamental Transformation of Free Zones.

The Secretary of the Supreme Council for Free Zones and Special Economic Zones announced the launch of the process of reorganizing and fundamentally transforming the country's free zones. He stated: "Free zones, the driving forces of the national economy, play an important role in...
2025-07-13

IMIDRO sets $893m domestic production target for mining, mineral industries.

Iran’s state-owned mining development agency, IMIDRO, has announced a target of $893.2 million in foreign currency savings through domestic production in the mining and mineral industries during the current Iranian year ending March 2026.
2025-07-13

Industry Ministry unveils production support package.

The Iranian Ministry of Industry, Mining and Trade has unveiled a production support package focused on sustaining industrial output, particularly for sectors affected by the recent war. Deputy Minister of Mining and Mineral Industries Vajiollah Jafari, said the package has been designed around two...
2025-07-13

Iran’s 3-month domestic wheat purchases at over 5 mln mt.

Iran has purchased over 5 million metric tons (mt) of wheat from domestic farmers in the harvesting season that began in early April, according to the government body responsible for the supply of staple grains in the country.
2025-07-12

Shaping the Future of Rail Transport at the 12th World High Speed Summit.

The 12th World High Speed Summit of the International Union of Railways (UIC) was held in Beijing, the capital of China, in the presence of the CEO of the Islamic Republic of Iran Railways.
2025-07-12

Sea of Oman water reaches Iran’s Isfahan.

Iran has completed the first phase of a major water transfer project from the Sea of Oman to its central province of Isfahan, the governor of the province said.
2025-07-12

Sea of Oman water reaches Iran’s Isfahan.

Iran has completed the first phase of a major water transfer project from the Sea of Oman to its central province of Isfahan, the governor of the province said.
2025-07-12

Iran exports non-oil goods worth $937m to Turkey in a quarter.

Iran exported non-oil commodities valued at $937 million to Turkey during the first quarter of the current Iranian calendar year (March 21-June 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
2025-07-12

Iran leads global oil output growth with 13% rise in 2024.

Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 barrels, while top producers like Saudi Arabia and Russia saw significant declines, according to the latest OPEC statistics.
2025-07-09

Iran has become OPEC's second-largest refiner..

With a refining capacity of 2,237,000 barrels per day and a 16% share in OPEC, Iran ranks second among OPEC countries. According to Oil Desk, the Secretariat of the Organization of the Petroleum Exporting Countries (OPEC) published its 60th annual statistical bulletin for 2025 last week.
2025-07-09

China Condemns US Trade Pressure, Signals Tough Response to Supply Chain Deals.

China condemned Washington’s latest tariff threats as aggressive economic bullying, vowing decisive countermeasures against any country that aids the United States in targeting Chinese supply chains.
2025-07-09

Iran’s annual production of caviar rises by 17%.

Iran’s caviar production increased by 17%, rising from 21.6 to 25.1 metric tons (mt) in the past Iranian year (March 21, 2024, to March 20, 2025), according to a senior official at the Iran Fisheries Organization.
2025-07-09

Overhaul operations of 11 South Pars platforms completed.

Pars Oil and Gas Company (POGC) has successfully completed major overhauls on 11 offshore platforms in the South Pars gas field, as operations continued without interruption during a recent 12-day regional conflict, according to the managing director of the company.
2025-07-09

Iran’s quarterly non-oil export to Iraq hits $1.905b.

Iran exported non-oil commodities valued at $1.905 billion to Iraq during the first quarter of the current Iranian calendar year (March 21-June 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
2025-07-09

Iran ranks as OPEC’s second-largest oil refiner.

Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of global refining capacity, according to the latest OPEC Annual Statistical Bulletin.
2025-07-08

Launch of Rail Transit between China and the Kaveh Special Economic Zone.

The Director of Customs of the Kaveh Special Economic Zone: Matali announced the activation of rail transit between China and the Kaveh Special Economic Zone and stated: "This measure is a major step in strengthening the railway economy and developing Saveh County. It will make the Kaveh...
2025-07-08

Trump issues 10% tariffs warning over BRICS policies.

US President Donald Trump has threatened to impose an additional 10% tariff on countries supporting policies being pursued by the BRICS grouping.
2025-07-08

SEO unveils new stabilization package amid market recovery.

Iran’s Securities and Exchange Organization (SEO) is rolling out a revamped stabilization package aimed at improving liquidity and investor confidence following recent market volatility, the Tehran Stock Exchange (TSE) chief said on Monday.
2025-07-08

Iran to offer $360m in private mining investment packages by Mar. 2026.

Iran will offer 30 mining investment packages worth a combined 180 trillion rials (approximately $360 million) to the private sector by the end of the current Iranian year (late March 2026), a senior official said on Monday.