South Pars first refinery ready for sustainable gas production

TEHRAN- The acting manager of South Pars First Refinery announced the successful completion of the refinery's major overhaul within one week and said: The refinery is now ready for sustainable production during the cold season.

Iran, Belarus to expand agricultural cooperation

TEHRAN- Iran’s Deputy Agriculture Minister for planning and Economy Affairs met with the Minister of Agriculture and Food of Belarus, emphasizing the development of bilateral cooperation in the fields of agricultural fertilizers, machinery, and joint investment.

CBI governor consults in Iraq on financial claims, technical co-op, strategic economic ties

TEHRAN- On the second day of his visit to Iraq, Abdolnaser Hemmati, the Governor of the Central Bank of Iran (CBI), met and held talks with Faleh Sari, Iraq's Minister of Finance, regarding outstanding financial claims, as well as technical and economic cooperation.

Iran urges agricultural cooperation among EAEU member states

TEHRAN- Iran’s Deputy Minister of Agriculture emphasized the development of agricultural cooperation, expansion of agricultural trade, and utilization of the capacities of the member states of the Eurasian Economic Union.

ICCIMA head announces improvement in economic activities after war shock

TEHRAN- The head of Iran's Chamber of Commerce stated that Iran's economy, following the shock caused by the war, has moved past the stage of severe decline and the trend of economic activities is once again resuming.

Iran ready for technical co-op to improve, develop electricity sector in Tajikistan

TEHRAN- Iran’s Minister of Energy, in a meeting with the Minister of Energy and Water Resources of the Republic of Tajikistan, while reviewing areas for the development of water and electricity cooperation between the two countries, emphasized Iran's readiness for technical cooperation in Tajikistan's electricity grid.

Iran, Brazil stress joint roadmap for economic cooperation

TEHRAN- The Iranian Deputy Minister of Economic Affairs and Finance and Brazil's Deputy Minister of Economy met on the sidelines of the BRICS Finance Ministers and Central Bank Governors meeting in Jaipur, India, to review cooperation capacities between the two countries. They emphasized the need for a joint roadmap to expand economic relations, support the private sector, and increase bilateral trade.

Iran’s monthly oil production up 26,000 bpd: OPEC

TEHRAN- The latest report from the OPEC Secretariat, citing secondary sources, indicates that Iran's oil production in July 2026 reached 2,478,000 barrels per day, marking an increase of 26,000 barrels compared to June.

Tehran, Islamabad emphasize development of economic, energy cooperation

TEHRAN- Iranian Oil Minister Mohsen Paknejad met with Syed Mohsin Raza Naqvi, Pakistan's Minister of the Interior, at the headquarters of the Oil Ministry to discuss the development of bilateral cooperation in the energy sector and the expansion of commercial and economic relations, Shana reported.

Iranian, South African central bankers review capacities for expanding monetary, banking co-op

TEHRAN- The Governor of the Central Bank of Iran (CBI) met and held talks with the Governor of the South African Central Bank on the sidelines of the BRICS summit.

BRICS must move from dialogue to practical action: CBI governor

TEHRAN- The Governor of the Central Bank of Iran (CBI) on the first day of the BRICS Finance Ministers and Central Bank Governors meeting in India, while thanking the host country's government and central bank for hosting the summit, emphasized the need to strengthen practical cooperation among BRICS members in monetary and financial areas.

25% of agricultural water wells equipped with smart meters

TEHRAN- The Director General of the Agricultural Water Affairs Office of the Ministry of Agriculture has announced the groundwork for volumetric water delivery to the agricultural sector following the transfer of water management responsibilities to operators, and said: Only 25 percent of agricultural water wells have been equipped with smart meters.

Production support should be accelerated in financing system: finance minister

TEHRAN- The Minister of Economic Affairs and Finance, at a meeting of the State Banks Coordination Council, emphasized the need to strengthen coordination among banks, improve discipline in the banking network, and accelerate support for the production sector and economic enterprises.

By Mahnaz Abdi

Private sector can be a pillar of sustainability for any potential agreement: ICCIMA head

TEHRAN – The head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) emphasized: The private sector can be one of the pillars of sustainability for any potential agreement, because the deeper the healthy, balanced economic ties and shared interests among countries become, the higher the cost of returning to tension will be.

‘Iran's transport network has high resilience against crises’

TEHRAN- The chairman of the board of the Rail Transport and Related Services Association, emphasizing the high resilience of the country's transport network, said that through managerial, policy, and software measures — without extensive infrastructure development — freight and passenger capacity on the existing rail and road network can be increased by up to 50 percent.

South Pars to be prepared before cold season

TEHRAN- Simultaneously with the continued production on South Pars platforms, reconstruction operations at the damaged refineries are underway with accelerated speed, aimed at restoring lost capacity and preparing the country's gas network for the cold season.

Iran, Uzbekistan discuss removing barriers to bilateral trade

TEHRAN- Samad Hassanzadeh, the head of the Iran Chamber of Commerce, Industries, Mines and Agriculture, spoke at a meeting with the Uzbek ambassador in Tehran about the importance of facilitating and expediting the transit of Iranian goods through Uzbekistan. He stated: "One of the serious requests from the Uzbek side is the visa waiver and facilitation of travel between the two countries, especially for Iranian traders."

New roadmap developed for Iran-Pakistan logistics cooperation

TEHRAN- The Vice-Chairman of the Transportation, Transit, and Logistics Committee of the Iran Chamber of Commerce, while outlining the achievements of the Iranian economic delegation's trip to Pakistan, stated that a new roadmap for Iran-Pakistan logistics cooperation was developed during this visit, with the expansion of transit and trade placed at the center of negotiations.

Agriculture, energy ministries’ systems connected for smart water management

TEHRAN- The Director General of the Agricultural Water Affairs Office at the Ministry of Agriculture announced the groundwork for initiating the implementation phases of connecting the agricultural production zoning and cropping pattern systems with the water systems of the Ministry of Energy, stating that this program has been placed on the agenda with the aim of optimizing water utilization and determining the water consumption volume for each farmer.

Iran-India joint trade working group reviving necessary

TEHRAN- The Deputy Minister of Industry, Mining and Trade for Commercial Affairs emphasized the revival of the Iran-India Joint Trade Working Group to expand trade relations between the two countries.

Tehran, Beijing set sights on strategic economic partnership beyond trade

TEHRAN- Iran’s Deputy Minister of Industry, Mining and Trade emphasized the necessity of elevating Iran-China economic relations in line with the extensive existing capacities and said: Development of trade, industrial, investment, logistics, and exhibition cooperation is among the most important joint priorities of Tehran and Beijing.

Iran, Kyrgyzstan emphasize expansion of trade, mining, energy, transit co-op

TEHRAN- In the meeting between Iran's Minister of Industry, Mining and Trade and Kyrgyzstan's Minister of Economy and Trade, both sides emphasized the development of trade exchanges, joint investment, and the expansion of industrial, mining, energy, transport, and free zone cooperation with the aim of elevating the level of economic relations between the two countries.

Iran, a strategic partner of EAEU on path to trade development, regional integration

TEHRAN- Iran’s Minister of Industry, Mining and Trade, while reading the message of the First Vice President at the second meeting of the Intergovernmental Council of the Eurasian Economic Union (EAEU), emphasized Iran's determination to deepen economic cooperation with member states of this union, full implementation of the free trade agreement, development of transit corridors, strengthening financial and banking cooperation, and utilization of shared capacities to achieve regional growth and prosperity.

Iran’s electricity industry transitioning to advanced models

TEHRAN- The managing director of Iran's Power Generation, Transmission, and Distribution Management Company (Tavanir) said: The country's electricity industry is transitioning from traditional models to advanced and resilient ones in critical and sensitive conditions.