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2025-06-09 14:00
Iran exports non-oil products valued at $1.094b to UAE in 2 months
TEHRAN- Iran exported non-oil commodities valued at $1.094 billion to the United Arab Emirates (UAE) during the first two months of the current Iranian calendar year (March 21-May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2025-06-09 14:00
7m smart meters to be installed across Iran by late March 2026
TEHRAN – Iranian Energy Ministry aims to install seven million smart electricity meters by the end of the current Iranian year (late March 2026), with the goal of reaching nine million units by the following fall, a senior official at the state-owned Power Generation, Transmission and Distribution Company (Tavanir) said.
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2025-06-08 16:07
TEDPIX loses 5,700 points on Sunday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 5,700 points to 3,035,000 on Sunday, which is the second day of the Iranian calendar week.
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2025-06-08 14:15
NPC needs $18b investment to fully utilize petchem industry capacity
TEHRAN – Iran’s National Petrochemical Company (NPC) requires nearly $18 billion in investment to overcome challenges and unlock the full potential of its petrochemical industry, a senior official said, underscoring the critical need for a stable supply of feedstock.
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2025-06-08 14:13
Iran targets $893m savings through domestic production in mining sector
TEHRAN - Iran aims to save $893 million in foreign currency through the domestic production of equipment and components in its mining and mineral industries during the current Iranian year (ending March 2026), according to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
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2025-06-08 14:10
Over 27m passengers traveled via public road transport in 2 months
TEHRAN - More than 27 million passengers used Iran’s public road transport fleet during the first two months of the Iranian calendar year 1404 (March 21 to May 21, 2025), according to the country’s Road Maintenance and Transportation Organization.
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2025-06-08 14:01
Iran offers to build 1m housing units in Kenya
TEHRAN - 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.
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2025-06-08 14:00
Iranian banks pay $152b in loans in a year: CBI
TEHRAN – Iranian banks disbursed 7.6 quadrillion rials (approximately $152 billion) in loans during the last Iranian year (ended late March), a senior official with the Central Bank of Iran (CBI) said, while criticizing the lack of a clear economic prioritization strategy to match the scale of financing with sustainable growth.
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2025-06-07 17:21
Non-oil goods worth $4.2m exported from North Khorasan province in a month
TEHRAN- Non-oil commodities worth $4.208 million were exported from North Khorasan province in the northeast of Iran during the first Iranian calendar month of Farvardin (March 21-April 21, 2025), the director-general of the province announced.
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2025-06-07 14:05
Overhaul of phases 17, 18 offshore platforms at South Pars completed
TEHRAN - The overhaul of the offshore platforms in phases 17 and 18 of Iran’s South Pars gas field has been successfully completed after carrying out more than 1,300 operational tasks, according to the head of South Pars gas platform maintenance.
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2025-06-07 14:05
Over 1,200 government offices equipped with solar panels
TEHRAN - Iran has equipped 1,239 government offices with solar panels as part of a nationwide energy-saving initiative, an official from the state-run Power Generation, Distribution and Transmission Company (Tavanir) said.
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2025-06-07 14:04
Iran’s monthly GDP grows 0.9%, driven by non-oil sectors
TEHRAN - Iran’s economy grew by 0.9 percent in the first month of the current Iranian calendar year Farvardin (March 21 – April 21), according to a new report from the Iranian Parliament’s Research Center.
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2025-06-07 14:04
Iran seeks BRICS bank membership in talks with President Rousseff
TEHRAN - Iran’s central bank governor, Mohammad Reza Farzin, met with Dilma Rousseff, president of the BRICS New Development Bank (NDB), in Shanghai on the sidelines of the Shanghai Cooperation Organization (SCO)'s finance summit, reaffirming Tehran’s intention to join the multilateral lender.
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2025-06-07 13:47
Iron ore concentrate export up 153% in a month on year
TEHRAN – The value of Iran’s iron ore concentrate export increased by 153 percent in the first month of the current Iranian calendar year, Farvardin (March 21-April21), as compared to the first month in the past year, the Iranian Steel Producers Association (ISPA) reported.
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2025-06-06 15:24
Petchem sector invests $5b to curb gas flaring, aims to cut carbon emissions by half
TEHRAN – Iran’s petrochemical industry has invested $5.0 billion to reduce gas flaring in upstream oil operations and is drafting a strategic roadmap to further cut emissions, according to the health, safety and environment (HSE) director of the National Petrochemical Company (NPC).
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2025-06-06 15:23
Iran’s refining capacity rises to 2.4m barrels a day
TEHRAN – Iran has increased its daily crude oil refining capacity to 2.4 million barrels, with the Abadan refinery contributing the largest share to the rise, according to a senior official at the National Iranian Oil Refining and Distribution Company (NIORDC).
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2025-06-06 15:21
Iran’s Mazandaran province opens trade center in Tashkent
TEHRAN- Iran’s northern Mazandaran province opened a trade center in Uzbekistan’s capital city Tashkent.
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2025-06-06 14:51
Iran shares urban regeneration strategies with Malaysia
TEHRAN – Iran has shared its urban regeneration initiatives with Malaysia’s Minister of Housing and Local Government during the second session of the United Nations Habitat Assembly, attended by high-level representatives from across the globe.
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2025-06-06 14:47
Iran hails SCO co-op bank proposal as key step toward de-dollarization
TEHRAN – Iran’s ambassador to Russia said the country’s proposal to establish a joint bank for Shanghai Cooperation Organization (SCO) members marks a significant step toward de-dollarization and a shift toward a multipolar world order.
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2025-06-05 09:54
Iran, Germany discuss ways to expand trade ties
TEHRAN- During a meeting between the head of Iran Chamber of Commerce, Industry, Mines and Agriculture (ICCIMA) and the German ambassador to Iran, the two sides explored the ways for the expansion of trade relations between the two countries.
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2025-06-04 05:09
Iran, Uzbekistan sign MOU on transit co-op expansion
TEHRAN- Iran and Uzbekistan signed a memorandum of understanding (MOU) on the expansion of transit cooperation.
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2025-06-02 15:45
Iran, Tajikistan stress necessity to expand, facilitate bilateral trade
TEHRAN- During a meeting between Head of Iran’s Trade Promotion Organization (TPO) Mohammad-Ali Dehqan Dehnavi and Tajikistan’s Minister of Industry and New Technologies Sherali Kabi, the two sides emphasized the necessity to expand and facilitate trade cooperation between the two countries.
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2025-06-02 15:39
Iran’s non-oil exports reach $8.2b in 2 months
TEHRAN – Iran exported 24.6 million tons of non-oil goods worth $8.24 billion in the first two months of the current Iranian calendar year (March 21–May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2025-06-02 15:34
Tehran signals readiness to boost role in regional transport development
TEHRAN – Iran is fully prepared to play an active and constructive role in the development of regional transport and logistics, Iranian Minister of Transport and Urban Development Farzaneh Sadegh said at the 13th Meeting of ECO Transport Ministers held in Tehran on Sunday.
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2025-06-02 15:32
Iran launches trade policy council for Iraq as private sector eyes major investments
TEHRAN – Iran's private sector is ready to boost its investment presence in Iraq, senior officials from the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said during a joint meeting with Iraq’s ambassador to Tehran.
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2025-06-02 15:28
By Mahnaz Abdi
Press conference held on Iran's 1st intl. blockchain conference
TEHRAN- In a press conference held at Atana Hotel in Tehran on Sunday, the details and goals of Iran's first international blockchain conference, titled deBlock 2025, were clarified.
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2025-06-02 13:43
CBI chief heads to China for SCO summit on financial co-op
TEHRAN – Mohammad Reza Farzin, Governor of the Central Bank of Iran (CBI), departed for Beijing to participate in the meeting of central bank chiefs from member states of the Shanghai Cooperation Organization (SCO) and hold bilateral talks with his counterparts.
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2025-06-01 15:01
Seyed Ali Madanizadeh proposed as new economy minister
TEHRAN- Spokesman for Majlis (the Iranian Parliament)'s presiding board announced the government's introduction of the proposed economy minister to this board on Sunday.
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2025-06-01 13:53
Amirabad port complex: Iran’s northern gateway to Eurasia
TEHRAN- Amirabad Port Complex, also referred to locally as Imam Khomeini Port, is a principal maritime gateway in northern Iran.
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2025-06-01 13:45
PTA, one of main documents signed by Iran, Oman recently
TEHRAN- Abdolamir Rabihavi, the director general for West Asia at Iran’s Trade Promotion Organization (TPO), referred to the details of trade documents and agreements recently signed between Iran and Oman, and mentioned preferential trade agreement (PTA) as one of the most important documents in this due.