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Yesterday 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).
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Yesterday 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.
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Yesterday 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.
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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.
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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).
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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.
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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.
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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).
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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.
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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.
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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.
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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.
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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."
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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."
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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).
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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."
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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.
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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).
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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.
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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).
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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.
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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).
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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.
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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.
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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.
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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.
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2025-06-29 15:05
‘Iranian industry withstands 12-day assault, swift support for affected factories urgent’
TEHRAN – The secretary-general of Iran’s House of Industry, Mine and Trade said the country’s industrial sector held its ground during the recent 12-day Israeli assault, maintaining production and preventing shortages across supply and distribution chains. He called for urgent support for factories and workers affected by the attacks.
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2025-06-28 16:22
Tehran’s electricity distribution network operates at full capacity during imposed war
TEHRAN – The managing director of Tehran Power Distribution Company said that Tehran's electricity distribution network worked at full capacity around the clock during the Zionist regime's imposed war against Iran.
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2025-06-28 16:19
Package of supporting industries damaged by imposed war sent to cabinet
TEHRAN- Iran’s deputy industry, mining and trade minister for the commercial affairs said: “Following the request of the minister of industry, mining and trade, a comprehensive package of support for industries affected by the Israeli-imposed war has been sent to the cabinet, and if approved, we will announce the details to production and industrial units.”
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2025-06-28 16:13
Ministries, CBI announce readiness to provide maximum support to capital market
TEHRAN- The deputy head of Iran’s Securities and Exchange Organization (SEO) for supervising the stock exchanges and publishers affiliated to the SEO announced the readiness of the ministries and the Central Bank of Iran (CBI) to provide maximum support to the capital market.