Economy

ICCIMA pledges training support, economic cooperation with Palestine

AMMAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said it is ready to provide training and knowledge-enhancement courses for the Palestinian people in cooperation with the Islamic Chamber Research and Information Center (ICRIC), while urging Islamic countries to commit to purchasing Palestinian products.
NIOC chief says Iran’s oil exports continue without interruption

TEHRAN – Iran’s oil exports are continuing without interruption, the head of the National Iranian Oil Company (NIOC) said on Monday, dismissing reports of losses from changes in sales methods.
New pipeline secures stable gas production at South Pars phase 16

TEHRAN – The Iranian Offshore Engineering and Construction Company (IOECC) has completed a new offshore and onshore pipeline for phase 16 of the South Pars gas field, ensuring stable production from the platform, the project manager said.

NIDC saves $133,000 in drilling costs through manufacturing of 70 high-demand parts

TEHRAN - The Head of the Engineering and Construction Technology Department of the National Iranian Drilling Company (NIDC), referring to the manufacturing of 70 high-consumption parts in the drilling industry during the first half of this Iranian calendar year (March 21-September 22), stated: "The manufacturing of these parts, in cooperation with knowledge-based companies and domestic manufacturers, has resulted in savings of 133 billion rials (about $133,000) in company costs based on calculations made."
NIOC chief says Iran’s oil exports continue without interruption

TEHRAN – Iran’s oil exports are continuing without interruption, the head of the National Iranian Oil Company (NIOC) said on Monday, dismissing reports of losses from changes in sales methods.
New pipeline secures stable gas production at South Pars phase 16

TEHRAN – The Iranian Offshore Engineering and Construction Company (IOECC) has completed a new offshore and onshore pipeline for phase 16 of the South Pars gas field, ensuring stable production from the platform, the project manager said.
Shiraz Chamber sees new opportunities for Iran-South Korea trade in medical, pharmaceutical sectors

TEHRAN – The head of Shiraz Chamber of Commerce said Iran and South Korea have new opportunities to expand trade in medical equipment, pharmaceuticals and related raw materials, while stressing that Iranian businesses are keen to raise trade levels with Seoul in line with international regulations.
ICCIMA pledges training support, economic cooperation with Palestine

AMMAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said it is ready to provide training and knowledge-enhancement courses for the Palestinian people in cooperation with the Islamic Chamber Research and Information Center (ICRIC), while urging Islamic countries to commit to purchasing Palestinian products.
Industry Ministry unveils plan to boost SME exports through consortia, global market integration

TEHRAN – Iran’s Ministry of Industry, Mining and Trade has outlined new measures to support small and medium-sized enterprises (SMEs) in boosting their exports, according to the Small Industries and Industrial Parks Organization (ISIPO).
Iran sends 1st TIR Carnet shipment to Kuwait via Shalamcheh border

TEHRAN – Iran has exported its first TIR Carnet shipment to Kuwait through the Shalamcheh border crossing, marking a milestone in the country’s regional trade expansion, the Khorramshahr Chamber of Commerce said.
Renewable capacity nears 3 GW, target lifted to 30 GW in 7th Plan

TEHRAN – Iran’s renewable power capacity is approaching 3.0 gigawatts (GW) and is forecast to reach 7.0 GW by the end of the current Iranian calendar year (late March 2026), according to a senior official from the Renewable Energy and Energy Efficiency Organization (SATBA).
Iran, Pakistan expand flights with new air services agreement

TEHRAN – Iran and Pakistan have expanded direct air connections following the signing of a new air transport cooperation agreement during President Masoud Pezeshkian’s recent visit to Islamabad.
Iran-Pakistan economic convergence; a new opportunity under shadow of joint committee: minister

TEHRAN – Following the 22nd Iran-Pakistan Joint Economic Committee meeting in Tehran (September 15-16), co-chaired by Iran’s Minister of Transport and Urban Development, Farzaneh Sadegh, and Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, Minister Sadegh published an article on the ministry's news portal. Below is a translation of her piece.