Kish Expo to host foreign investors in December

TEHRAN – The second edition of Kish Expo, an international investment conference and exhibition, will be held from December 9 to 14 on Kish Island, bringing together foreign investors, diplomats, and business leaders to explore new opportunities in Iran’s economy, organizers announced.

Iran-Uzbekistan trade being pursued to reach up to $2b: Uzbek envoy

TEHRAN- The Ambassador of Uzbekistan to Iran stated that trade relations between the two countries reached about $500 million last year, and added: "Considering the agreements between the presidents of the two countries, the goal of increasing this figure to up to $2 billion is being pursued."

Iran’s consul general in Dubai meets with heads of chamber of commerce, aviation authority

TEHRAN – Iran’s Consul General in Dubai Alireza Mahmoudi met with Mohammed Ali Rashid Lootah, Secretary-General of the Dubai Chambers, and Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, to discuss ways to facilitate trade and air travel between Iran and the United Arab Emirates (UAE).

Tehran holds 29th National Export Day celebration

TEHRAN- Iran’s 29th National Export Day celebration was held at the Tehran Summit Conference Hall with the presence of President Masoud Pezeshkian, Industry, Mining, and Trade Minister Seyed Mohammad Atabak, Head of Trade Promotion Organization of Iran (TPO) Mohammad-Ali Dehghan Dehnavi, Head of Iran Chamber of Commerce, Industries, Mining, and Agriculture Samad Hasanzadeh, Chairman of Industry and Mining Committee of the Parliament Reza Alizadeh, and a group of managers and traders.

Chabahar port to boost storage capacity by 50% through new development projects

TEHRAN – Iran’s Deputy Minister of Transport and Urban Development and Managing Director of the Ports and Maritime Organization (PMO), Saeed Rasouli, said on Tuesday that ongoing development and construction projects in Chabahar have pushed total public and private investment in the port to over 240 trillion rials (around $480 million), paving the way for a 50 percent increase in the storage capacity of essential goods.

Value of Iran’s e-commerce transactions hit $65b in H1

TEHRAN – The total value of e-commerce transactions in Iran reached 32.63 quadrillion rials (around $65 billion) during the first six months of the current Iranian year (March 21–September 22), marking a 52 percent increase compared with 21.24 quadrillion rials ($42 billion) in the same period last year, according to Hamid Toufighi, acting head of the Ministry of Industry, Mining and Trade’s E-Commerce Development Center.

Tehran, Moscow conduct 80% of trade in rubles, rials amid deeper economic ties

TEHRAN – Over 80 percent of trade between Iran and Russia is now conducted in their national currencies, the rial and ruble, marking a major step toward financial independence and reduced reliance on third-party currencies, the head of the Russia–Iran Business Council said.

Pakistan issues new executive order to boost barter trade with Iran

TEHRAN – Pakistan’s government has issued a new executive order aimed at promoting barter trade with Iran after months of consultation and review to address the concerns of both countries’ business communities, Pakistan’s ambassador to Tehran, Muhammad Mudassir Tipu, announced.

By Mahnaz Abdi

South Korean ambassador visits Tehran Times, highlights strengthening bilateral ties

TEHRAN – In a significant gesture underscoring the importance of Iran-South Korea relations, His Excellency Kim Junpyo, the Ambassador of the Republic of Korea to Iran, led a high-level delegation on a visit to the Tehran Times Newspaper and Mehr News Agency on Sunday, October 19.

Sponge iron export up 79% in 6 months on year

TEHRAN- The value of Iran’s sponge iron export rose 79 percent during the first half of the current Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, according to the Iranian Steel Producers Association (ISPA).

Isfahan's entrepreneurs, industrialists plan to strengthen economic co-op with Vietnam

TEHRAN- The governor-general of Isfahan, in a meeting with the ambassador of Vietnam in Tehran, informed about the plans of Isfahan's entrepreneurs and industrialists to strengthen economic cooperation with Vietnam and stated: “Trade, industry, and tourism can be three important pillars of cooperation between the two countries, and we are fully prepared to host Vietnamese artistic, cultural, and tourism groups.”

5,000 new rooftop solar units to be installed in Sistan-Baluchestan by Mar. 2026

TEHRAN – The Sistan-Baluchestan Power Distribution Company plans to install 5,000 new five-kilowatt solar systems across the province by the end of this year (late March 2026), its managing director Mohammad Raeisi said, predicting that the region’s total renewable energy capacity will reach 1,000 megawatts within the next two years.

Iran seeks to expand engineering footprint in Africa through new cooperation forum

TEHRAN – Iranian business leaders have called for stronger engagement with Africa’s fast-developing infrastructure markets, emphasizing the continent’s vast potential for technical and engineering cooperation.

South Pars Gas Complex cuts flaring by 3.8 mcm/d

TEHRAN – The South Pars Gas Complex (SPGC) has achieved a daily reduction of 3.8 million cubic meters (mcm) in gas flaring, marking a major step toward greater efficiency and environmental sustainability in Iran’s gas industry, the complex’s managing director said.

Rooftop solar power stations installed for 22 ministries, state organizations

TEHRAN – In line with President Masoud Pezeshkian’s directive for all government bodies to adopt solar energy, Iran has launched rooftop solar power plants for 22 ministries and state organizations, marking a significant step toward sustainable energy transition in the public sector.

Aluminum ingot output exceeds 300,000 tons in H1

TEHRAN - Production of aluminum ingot in Iran reached 307,386 tons in the first half of the current Iranian calendar year (March 21-September 22), according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Tehran, St. Petersburg exchanges take first step toward regional energy market alliance

TEHRAN – The Iran Energy Exchange (IRENEX) and the St. Petersburg International Mercantile Exchange (SPIMEX) signed a memorandum of understanding on Wednesday to establish joint trading mechanisms — a move both sides see as the first step toward a regional alliance of energy exchanges.

Iran, Vietnam push to expand trade, joint production ties

TEHRAN – Iran’s Trade Promotion Organization (TPO) and Vietnamese Embassy in Iran have emphasized expanding joint production and sharing export experience, building on several cooperation agreements already signed between the two countries.

South Pars Gas Complex advances toward full industrial self-sufficiency

TEHRAN – The South Pars Gas Complex (SPGC) has taken a major step toward industrial self-reliance, with more than 90 percent of equipment and supplies for its refineries now sourced domestically, according to the company’s commercial director.

SATBA to ollaborate with rural councils to build solar power plants in villages

TEHRAN – Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) has announced plans to supply equipment to rural councils as part of a national initiative to expand renewable energy generation in villages, according to Deputy Energy Minister Mohsen Tarztalab.

Iran, Russia , Azerbaijan finalize roadmap to boost transit to 15m tons

TEHRAN – Iran’s Minister of Roads and Urban Development, Farzaneh Sadegh, announced that Iran, Russia, and Azerbaijan have finalized a comprehensive roadmap to increase the volume of goods transiting among the three nations to 15 million tons annually. The plan, she said, marks a major milestone in efforts to strengthen regional connectivity through the International North–South Transit Corridor (INSTC).

‘Iran-Tajikistan relations can be expanded through special mechanisms’

TEHRAN- Iran’s minister of economic affairs and finance emphasized the expansion of brotherly relations and economic, commercial, and infrastructure cooperation between Iran and Tajikistan and proposed special opportunities for deepening these relations under the current conditions.

INSTC seen as a path to greater regional integration, Iran’s transport minister says

TEHRAN – Iranian Minister of Transport and Urban Development Farzaneh Sadegh highlighted the International North–South Transit Corridor (INSTC) as a key driver of regional cooperation between Iran, Azerbaijan, and Russia, calling it a platform for deeper connectivity in transport, transit, and energy.

Iran, Switzerland private sectors seek deeper cooperation in non-sanctioned fields

TEHRAN – Iran and Switzerland’s private sectors are calling for stronger collaboration in non-sanctioned industries, emphasizing the key role of private enterprises in shaping future economic ties between the two countries.

Iran’s non-oil exports steady at $25.9b in H1, trade deficit narrows

TEHRAN – Iran’s non-oil exports reached $25.94 billion in the first six months of the current Iranian calendar year (March 21– September 22), nearly unchanged from the $25.92 billion recorded in the same period last year, according to Mohammad-Ali Dehghan Dehnavi, head of the Trade Promotion Organization (TPO).