News
2025-07-02
Private investment in renewables fully backed by government: energy minister.
Iran’s Energy Minister Abbas Aliabadi said the government fully supports private sector investment in renewable energy, as the country continues expanding its solar power infrastructure to address long-standing imbalances in the electricity sector.
2025-07-02
Iran’s non-oil exports near $11.7b in Q1.
Iran exported $11.655 billion worth of non-oil goods in the first quarter of the current Iranian calendar year (March 21–June 21), according to Faroud Asgari, deputy economy minister and head of the Islamic Republic of Iran Customs Administration (IRICA).
2025-07-01
Equipment for 5-kilowatt power plants to be allocated to each province by next week.
Deputy Minister of Energy and Director of SATBA: Equipment for 5-kilowatt power plants, with a total capacity of 4 megawatts, will be allocated to each province by next week, he announced. The equipment for these plants will be installed at sensitive and key points in each province, upon...
2025-07-01
WTO warns of "serious disruption" to trade order.
The World Trade Organization (WTO) said Tuesday that global merchandise trade will stagnate by the end of the year amid unprecedented unilateral tariff measures and political uncertainty.
2025-07-01
Iran says foreign trade remains stable amid regional tensions.
Iran’s foreign trade activities remain on track despite recent regional tensions, with no interruptions to services for traders and exporters, the head of the Trade Promotion Organization (TPO) said on Monday.
2025-07-01
Iran rises to 9th place among global steel producers.
Iran has moved up to ninth place among the world’s top steel producers, surpassing Brazil, according to the latest report by the World Steel Association
2025-06-30
Turkey to resume flights to Iran.
Turkey's flag carrier, Turkish Airlines, announced on Saturday that it will resume flights to Iran starting Monday, June 30, following a temporary suspension earlier this month due to security concerns.
2025-06-30
WTO Crucial for Resolving Global Trade Tensions, Says Italian Economist.
The escalating global tariff tensions, spearheaded by the United States, must be resolved through the World Trade Organization (WTO) to ensure fairness and stability, according to Italian economist Mario Tirelli.
2025-06-30
Gas exports begin from 3rd sweetening train of South Pars phase 14 refinery.
Iran has begun gas exports from the third sweetening train of the Phase 14 refinery at the South Pars gas field, marking a significant expansion in the country’s production and export capacity. The milestone follows the recent commissioning of the refinery’s fourth sweetening train, which...
2025-06-29
Pres. Pezeshkian advocates for implementing Iran-Eurasia FTA.
President Masoud Pezeshkian emphasized the significance of implementing the free trade agreement (FTA) between Iran and the Eurasian Economic Union (EAEU) as a crucial step towards enhancing economic relations in the region.
2025-06-28
Iran's oil production uninterrupted despite tensions.
Despite the recent days of heightened tensions following Israeli’s imposed war, Iran's daily oil output has continued without disruption and all oil installations remain operational, National Iranian Oil Company (NIOC) said.
2025-06-28
The Importance of Artificial Intelligence in Tomorrow's Job Market.
Workers' Representative on the Supreme Labor Council: Artificial intelligence will certainly transform some traditional jobs. It acts more as a complementary tool than a complete substitute for human resources.
2025-06-28
70,000 tons of goods left the country's ports in a single day / Continued freight transport in the country.
According to the latest statistics published by the Road Administration, approximately 70,000 tons of goods were transported from the country's ports by the national road fleet, demonstrating the continuity and sustainability of customs clearance and the movement of goods.
2025-06-28
Free zones were required to prepare specific support measures for economic actors.
Following the recommendations of the Secretary of the Supreme Council of Free Zones and Special Economic Zones, the general managers of free zones were required to use their legal authority to develop and implement specific support measures for economic actors, producers, and investors in each zone.
2025-06-28
Launching the East-West Corridor will generate three to four times the country's oil revenue.
The Managing Director of the Mako Free Trade Zone said: Planning and designing investment packages have begun since the beginning of the year.
2025-06-15
Iran agrees with Oman, Pakistan to export goods using PTA: Industry min.
The Iranian minister of industry, mine and trade says that his ministry has agreed with Oman and Pakistan for exporting goods using the preferential tariff arrangements.
2025-06-15
Iran, Kazakhstan reach agreements on economic, trade, logistics co-op.
The 20th session of the Iran-Kazakhstan Joint Economic Committee was held in Astana, the capital of Kazakhstan, with the participation of Gholamreza Nouri Ghezeljeh, Iran’s Minister of Agriculture and head of the Iranian delegation.
2025-06-15
Iran, Serbia sign exhibition cooperation agreement.
During an official visit by an Iranian delegation to Serbia for the 2027 Belgrade International Expo Planning Summit, Iran and Serbia signed a memorandum of understanding (MOU) aimed at enhancing bilateral cooperation in the exhibition sector.
2025-06-15
Iran, Turkmenistan, Uzbekistan sign protocol to expand rail co-op.
The heads of the railways of Iran, Turkmenistan, and Uzbekistan signed a trilateral cooperation protocol on the sidelines of the CIS Council for Railway Transport summit, aiming to enhance rail connectivity and streamline regional logistics.
2025-06-15
Sirjan Special Economic Zone Supports Shahid Rajaee Port.
June 12, 2014 Dr. Abdol-Eizadeh, Presidential Representative for Maritime Development, Dr. Talebi, Governor of Kerman, Dr. Asgari, Director General of Iranian Customs, and other national officials visited the Sirjan Special Economic Zone yesterday.
2025-06-11
Daily gas output from South Pars Phase 11 rises by 60%.
Iran has increased daily natural gas production from Phase 11 of the South Pars gas field by 60 percent over the past 10 months, raising output from 12 million cubic meters to 20 million cubic meters per day under the current administration.
2025-06-11
Iran, Venezuela to finalize FTA in coming days.
Iran and Venezuela are set to finalize the text and annexes of their long-anticipated free trade agreement within the next two days, a senior Iranian official announced following a meeting in Tehran.
2025-06-11
New track for construction projects with the approval of the technical system document.
The head of the technical and executive system affairs of the Planning and Budget Organization said: With the implementation of the country's integrated technical and executive system document, the construction process will change.
2025-06-11
Exclusive: Appointment of the New CEO of the Kerman Civil Engineering Organization.
The Board of Directors of the Kerman Civil Engineering Organization has appointed Dr. Hossein Amiri Khamkani as its new CEO.
2025-06-10
Relaunch of the International Stock Exchange Project in the Country's Free Trade Zones.
At a joint meeting between the Secretary of the Supreme Council for Free Trade Zones and Special Economic Zones and the Director of the Securities and Exchange Organization: The International Stock Exchange project is a national project that is not limited to free trade zones.
2025-06-10
Iran starts gas production from another infill well.
Iran has started gas production from another infill well in its section of South Pars, the world’s largest gas field, which straddles the maritime border between the country and Qatar in the Persian Gulf.
2025-06-09
Changes in the structure of trade between Iran and Russia / Reaching $6 billion is a short-term goal.
The Director General of the Bureau for Central Asia, Russia, and the Caucasus of the Iranian Trade Development Organization stated: Akbar Godari announced that the volume of Iranian exports to Russia over the past three years amounted to approximately $500 million and stated: "Over the past...
2025-06-09
Iran exports medical equipment to 60 countries.
Vice President for Science, Technology, and Knowledge-Based Economy Hossein Afshin says that Iran has exported medical equipment to 60 countries.
2025-06-09
US, China to Resume Trade Talks in London Monday.
Senior US and Chinese officials will meet in London on Monday to continue efforts to ease trade tensions that have rattled global markets.
2025-06-09
Iran offers to build 1m housing units in Kenya.
Iran has expressed readiness to help build one million social housing units in Kenya, according to the head of Iran’s Urban Regeneration Company during a meeting with Kenya’s Cabinet Secretary for Lands, Public Works, Housing, and Urban Development.
2025-06-08
The third follow-up meeting of the "Roadmap for Cooperation between the Ministry of Energy and the Ministry of Energy of the...
The third follow-up meeting of the Roadmap in the electricity sector, covering 16 areas, will be organized by sending a delegation to Moscow composed of representatives of the Ministry of Energy and representatives of the electricity sector.
2025-06-08
US, China to Resume Trade Talks in London Monday.
Senior US and Chinese officials will meet in London on Monday to continue efforts to ease trade tensions that have rattled global markets.
2025-06-07
Farzin Meets with the President of the BRICS Development Bank/Rousseff: In Support of Iran's Membership in the BRICS Bank.
The Governor of the Central Bank of Iran met with the Governor of the BRICS Development Bank in Shanghai and discussed strengthening monetary and banking relations with BRICS member countries.
2025-06-07
Russia became Iran’s largest foreign investor in 2024.
In 2024, Russia ranked first in terms of foreign investment in Iran’s economy, according to the Ambassador of the Islamic Republic in Moscow, Kazem Jalali.