Today News
  • industry Yesterday 13:20

    Industry Ministry unveils production support package

    TEHRAN – 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 key pillars, with special assistance allocated to units damaged by the conflict, including access to foreign currency and financial resources.

  • mining Yesterday 13:20

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

    TEHRAN – 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.

  • solar Yesterday 13:20

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

    TEHRAN – 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).

  • Iran-Turkey trade 2025-07-11 13:20

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

    TEHRAN- 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).

  • economy 2025-07-11 13:14

    CBI praised for ensuring economic security during 12-day conflict

    TEHRAN – A senior member of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said the rapid allocation of foreign currency for essential imports played a vital role in maintaining economic security during the recent 12-day conflict, praising the Central Bank of Iran (CBI)’s performance in stabilizing markets and preventing panic.

  • oil 2025-07-11 13:10

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

    TEHRAN – 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.

  • brics 2025-07-09 15:06

    Iran urges easier admission of new members to BRICS Development Bank

    TEHRAN – Iran’s Central Bank delegation at a BRICS finance summit in Brazil called for simplifying the admission process for new members to the New Development Bank (NDB), while emphasizing the bank’s role in financing infrastructure and sustainable development projects.

  • Iran-Pakistan trade 2025-07-09 14:47

    Iran exports non-oil products valued at $420m to Pakistan in a quarter

    TEHRAN- Iran exported non-oil commodities valued at $420 million to Pakistan 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).

  • paknejad 2025-07-09 14:39

    Iran warns energy producers must not be targeted, citing threat to global stability

    TEHRAN – Iran’s Oil Minister Mohsen Paknejad warned that military aggression against energy-producing nations violates international law and threatens global stability, urging a commitment to peace and cooperation to ensure secure and sustainable energy supply.

  • SP 2025-07-08 15:19

    Overhaul operations of 11 South Pars platforms completed

    TEHRAN - 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.

  • Iran-Iraq trade 2025-07-08 15:06

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

    TEHRAN- 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).

  • oil 2025-07-08 14:48

    Iran ranks as OPEC’s second-largest oil refiner

    TEHRAN - 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.

  • stock 2025-07-07 13:46

    SEO unveils new stabilization package amid market recovery

    TEHRAN — 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.

  • mining 2025-07-07 13:21

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

    TEHRAN — 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.

  • gas 2025-07-07 13:21

    Iran exports nearly 9b cubic meters of natural gas in 2024

    TEHRAN — Iran exported nearly 9.0 billion cubic meters of natural gas in 2024, maintaining a steady presence in regional energy markets despite shifting global dynamics and a competitive export landscape, the Organization of the Petroleum Exporting Countries (OPEC) said.

  • electricity consumption 2025-07-06 15:14

    Implementation of 36 electricity consumption management packages succesful

    TEHRAN- Head of Iran's Power Generation, Distribution, and Transmission Company (known as Tavanir) announced the successful implementation of 36 electricity consumption management packages nationwide, saying: "These packages were developed with the aim of reducing electricity consumption, and their implementation has been accompanied by a reduction in electricity consumption."

  • solar 2025-07-06 14:58

    Solar power plants to be built next to dams

    TEHRAN- Referring to the government's policy of developing solar power plants in the country, the director of the engineering office of the Iranian Water and Power Resources Development Management Company said: "Based on this, the construction of solar power plants next to dams has been put on the agenda."

  • Iran-UAE trade 2025-07-06 13:57

    Iran-UAE quarterly non-oil trade stands at $5.478b

    TEHRAN- The value of non-oil trade between Iran and the United Arab Emirates (UAE) stood at $5.478 billion 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).

  • tse 2025-07-02 14:27

    Comprehensive support for shareholders on agenda of Supreme Council of Stock Exchange

    TEHRAN- A member of the Supreme Council of the Stock Exchange said that the necessary measures are being taken to return stability to the market by utilizing all available capacities, adding, "Comprehensive support for shareholders has been placed on the agenda of the Supreme Council of the Stock Exchange."

  • industry ministry 2025-07-02 13:05

    Government prepares supportive packages for war-damaged units’ return to production cycle

    TEHRAN- Iranian minister of industry, mining and trade described the government's support for industries damaged by the enemy's invasion, in the form of the Ministry of Industry's production support plan, as an important step in returning damaged units to the production cycle.

  • Iran-China trade 2025-07-02 12:34

    Iran, China reach near $7b quarterly non-oil trade

    TEHRAN - The value of non-oil trade between Iran and China stood at $6.939 billion 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).

  • solar 2025-07-01 14:03

    Private investment in renewables fully backed by government: energy minister

    TEHRAN – 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.

  • trade 2025-07-01 13:48

    Iran’s non-oil exports near $11.7b in Q1

    TEHRAN – 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).

  • pbo 2025-07-01 13:38

    Govt. develops sanctions response plan amid recent tensions: PBO head

    TEHRAN – The head of Iran’s Planning and Budget Organization (BPO) said the government, particularly its economic team, has remained fully operational and responsive during recent national developments, including by formulating a sanctions response package in anticipation of unfolding events.

  • industrial 2025-06-30 15:29

    Iran’s industrial parks stay operational amid 12-day conflict with Israel

    TEHRAN - Despite Israeli airstrikes damaging nine industrial parks during a 12-day conflict, Iran kept all its industrial parks operational, according to Reza Ansari, head of Iran's Small Industries and Industrial Parks Organization (ISIPO).

  • WSA 2025-06-30 15:21

    Iran rises to 9th place among global steel producers: WSA

    TEHRAN – 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.

  • trade 2025-06-30 15:17

    Iran says foreign trade remains stable amid regional tensions

    TEHRAN – 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.

  • oil 2025-06-29 15:41

    Iran’s oil exports to China hit record high in June

    TEHRAN – China’s imports of Iranian crude reached an all-time high in June 2025, according to data from tanker tracking firms, highlighting Tehran’s growing footprint in the world’s largest oil market despite U.S. sanctions.

  • IMO 2025-06-29 15:21

    Iran’s envoy urges IMO to condemn assassination of martyred seafarer

    TEHRAN- Iran’s representative to the International Maritime Organization (IMO) has formally requested the organization to condemn the targeted killing of an Iranian maritime official and his family in a recent Israeli military strike, the news portal of Iran’s Ministry of Transport and Urban Development published.

  • SP 2025-06-29 15:09

    Gas exports begin from 3rd sweetening train of South Pars phase 14 refinery

    TEHRAN – 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 became operational earlier this month.