Archive - Tehran Times

Oil product transfers from Persian Gulf region rise 13%

TEHRAN – Iran’s Persian Gulf oil pipelines region recorded a 13 percent rise in oil product transfers in the first 10 months of the current Iranian calendar year (late March, 2025-late January, 2026) compared with the same period last year, the regional director said.

Today 14:55

China backs east–west corridor through Iran, economy minister says

TEHRAN – Iran’s economy minister said China has strongly backed routing an east–west transport corridor through Iran, following talks with Chinese President Xi Jinping during a recent visit to Beijing.

Today 14:46

South Pars gas output sets 9 production records over past 2 years

TEHRAN – Iran’s South Pars gas field has set nine production records over the past two years, with daily output reaching a new high of 727 million cubic meters, underscoring the field’s central role in meeting the country’s energy demand.

Yesterday 22:50

IME financial market turnover expected to reach $20b

TEHRAN – Iran Mercantile Exchange (IME) expects the value of transactions in its financial markets to approach $20 billion by the end of the current Iranian year (late March), IME chief executive said.

Yesterday 22:48

Industry minister inaugurates major development projects in Yazd province

TEHRAN- The Wednesday trip of the Minister of Industry, Mining, and Trade to Yazd Province turned into a scene of decision-making and practical action in the field of production and industrial investment.

Yesterday 22:44

Curbing inflation, primary priority of monetary policy: CBI governor

TEHRAN- The Governor of the Central Bank of Iran (CBI), outlining the priorities of monetary and exchange rate policies, emphasized this institution's complete focus on sustainably curbing inflation, deepening the forex trading market, and the necessity of cooperation from other government bodies to navigate the current complex situation.

2026-02-04 11:44

Iran ranks among top 10 countries by thermal power capacity

TEHRAN – Iran ranks among the world’s 10 countries with the largest thermal power generation capacity, a senior official at the Thermal Power Plants Holding Company (TPPH) said.

2026-02-04 11:40

Power projects worth $1.1b to be inaugurated across Iran

TEHRAN – Energy Ministry will inaugurate 243 power sector projects nationwide during the Ten-Day Dawn anniversary period, with total investment of about 550 trillion rials ($1.1 billion), a senior official at Iran's Power Generation, Distribution, and Transmission Company (Tavanir) said.

2026-02-04 11:30

Car output down 7% in nine months

TEHRAN – Iran’s car production fell seven percent in the first nine months of the current Iranian year (March 21-December 21, 2025) compared with the same period last year, the head of the Industrial Development and Renovation Organization of Iran (IDRO) said.

2026-02-02 16:04

Nearly 3,300 agriculture projects to be inaugurated during Ten-Day Dawn

TEHRAN – Iran will inaugurate 3,294 agriculture projects across multiple subsectors during the Ten-Day Dawn anniversary period, a senior official at the Agriculture Ministry said.

2026-02-02 15:57

More than $40m in preferential loans allocated to upgrade rail fleet

TEHRAN – The Islamic Republic of Iran Railways (RAI) has allocated 20 trillion rials (over $40 million) in preferential loans to support private-sector investment in renewing the country’s rail fleet, a senior official at the company said.

2026-02-02 15:22

Free zones launch, break ground on 221 projects during Ten-Day Dawn

TEHRAN – Secretary of Iranian Free Zones High Council said 221 development and investment projects worth a combined 690 trillion rials (about $1.38 billion) were inaugurated or launched across the country’s free zones during the Ten-Day Dawn, marking victory of the Islamic Revolution.

2026-02-01 15:54

Govt. announces new investment incentive for industrial parks

TEHRAN – Iranian government has introduced a new incentive for investors in industrial parks and zones, cutting upfront land payment requirements as part of efforts to support production and ease investment conditions, the Industry, Mining and Trade Ministry said.

2026-02-01 15:39

Iran targets $10b in energy services exports to Eurasia by 2028/29

TEHRAN – Iran is aiming to export about $10 billion worth of energy-related services, engineering expertise and goods to the Eurasian region by 2028/29, leveraging a free trade agreement as its main platform for expansion, an industry official said.

2026-02-01 15:26

Iran’s exports to Africa jump 66% in 9 months yr/yr

TEHRAN – Iran’s exports to Africa rose 66 percent in the first nine months of the current Iranian calendar year (March 21-December 21, 2025) from a year earlier, driven by stronger trade engagement and policy support, a senior official at the Trade Promotion Organization of Iran (TPO) said.

2026-01-31 15:15

World Bank says 3 governance indicators improved in Iran

TEHRAN – The World Bank said three of Iran’s governance indicators improved in 2024, citing gains in government effectiveness, control of corruption and accountability.

2026-01-31 15:13

IMIDRO says 420 exploration maps to draw private investment

TEHRAN – Iran’s Mines and Mining Industries Development and Renovation Organization (IMIDRO) plans to use more than 400 newly produced exploration maps to attract private sector participation and reduce risk in mineral exploration, its head said.

2026-01-31 15:09

Paknejad plays down concerns over U.S. dealings with Iran’s oil customers

TEHRAN – Iran’s oil minister dismissed concerns that potential U.S. dealings with buyers of Iranian crude could undermine Tehran’s oil sales or revenues, saying the country remains in control of its export strategy.

2026-01-30 16:16

New Iranian vessel to be unveiled in Caspian Sea, co-op with Russia planned in 200 petchem projects

TEHRAN – Iran will unveil a new vessel in the Caspian Sea next week as part of efforts to expand cargo transport capacity, particularly container shipping, Iran’s ambassador to Russia said.

2026-01-30 16:00

More than 22MW of solar capacity connected to grid in 6 provinces

TEHRAN – More than 22 megawatts of solar power capacity has been connected to Iran’s national electricity grid across six provinces over the past three months, reflecting the continued expansion of renewable energy projects, state media reported.

2026-01-30 15:57

Iran’s non-oil trade tops $94b in 10 months

TEHRAN – Iran’s total non-oil trade reached $94.123 billion in the first 10 months of the current Iranian calendar year (March 21, 2025-January 20, 2026), the Islamic Republic of Iran Customs Administration (IRICA) said.

2026-01-28 15:59

Tehran to host Iran–Russia joint economic committee meeting

TEHRAN – The 19th session of the Iran–Russia Joint Economic Committee meeting will be held in Tehran in mid-February, reflecting expanding cooperation prospects between the two countries, Iran’s deputy oil minister for international and commercial affairs said.

2026-01-28 15:58

Iran boosts trade with Oman, Qatar, UAE

TEHRAN – Iran’s trade with Oman, Qatar and the United Arab Emirates rose in the first nine months of the current Iranian year (March 21 –December 21, 2025) compared with the same period last year, a senior official at Iran’s Trade Promotion Organization (TPO) said.

2026-01-28 15:56

Maritime transport key to trade security: transport minister

TEHRAN – Iran’s Minister of Transport and Urban Development Farzaneh Sadegh said maritime transport plays a pivotal role in trade security, cost reduction and sustainable access to global markets, describing the Persian Gulf as central to the country’s macro-level planning.

2026-01-27 15:01

Renewables capacity set to top 5,200 MW by late March

TEHRAN – Iran plans to raise its renewable power generation capacity to more than 5,200 megawatts by the end of the current Iranian year (late March), a deputy energy minister said, citing faster permitting and improved financing as key to meeting the target.

2026-01-27 14:59

Industry Ministry approves $11b of foreign investment

TEHRAN – Iranian Industry, Mining and Trade Ministry has issued licenses for more than $11 billion in foreign investment projects so far, though actual capital inflows remain far lower, an official at the country’s investment authority said.

2026-01-27 14:56

Over 21m tons of imported essential goods distributed across country in 10 months

TEHRAN – Iran moved 21 million tons of imported essential goods from its ports in the first 10 months of the current Iranian calendar year (March 21, 2025-January 20, 2026), a deputy minister said, highlighting the role of truck drivers in supplying basic commodities.

2026-01-26 14:39

NIDC brings 12 new gas wells online

TEHRAN – The National Iranian Drilling Company (NIDC) has brought 12 new gas wells into production under a drilling contract with the Central Iranian Oil Fields Company, strengthening gas supply, particularly during the winter season, the NIDC head of said.

2026-01-26 14:39

Iran proposes Eurasian free zones body to boost economic cooperation

TEHRAN – A senior Iranian foreign ministry official has proposed establishing a Eurasian free zones organization to promote economic cooperation and synergy among member states.

2026-01-26 14:39

Iran free zones seek investment from CIS countries

TEHRAN – Iran’s free trade and special economic zones are ready to attract investment from countries of the Commonwealth of Independent States (CIS), a senior official said on Monday.