Archive - Tehran Times

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.

Yesterday 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.

Yesterday 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.

2026-01-25 12:26

Customs clearance eased after FX reform, says trade official

TEHRAN – Iran has eased logistics and customs procedures for essential goods, raw materials and production equipment following the unification of exchange rates, with no shortages reported in basic supplies, a senior trade official said.

2026-01-25 12:12

Iran to host pavilion at Afghanistan construction industry fair

TEHRAN – Iran has approved the organization of a national pavilion at the Afghanistan International Specialized Construction Industry Exhibition, scheduled to be held in Kabul in February 2026, the Trade Promotion Organization of Iran (TPO) said.

2026-01-25 12:10

Iran road transit holds at 12.4m tons despite disruptions

TEHRAN – Iran recorded 12.44 million tons of road transit cargo in the first nine months of the current Iranian year (march-December, 2025), maintaining volumes broadly in line with last year despite regional tensions and infrastructure incidents, a senior transport official said.

2026-01-24 11:23

Iran's steel output rises 16% in December 2025: WSA

TEHRAN - Iran's steel production reached three million tons in December 2025, registering more than 16 percent growth compared to the same period last year, according to World Steel Association (WSA) statistics.

2026-01-24 11:07

Iran-Africa trade rises 23% in 8 months

TEHRAN- The manager of Iran's commercial center in Algeria announced a 23-percent growth in Iran's trade with the African continent during the first eight months of the current Iranian calendar year (March 21-November 22, 2025).

2026-01-24 10:26

Tehran to host Iran-Eurasia Economic Cooperation Summit in early February

TEHRAN- The Head of the Iran Trade Promotion Organization (TPO), while outlining the fundamental objectives of the fourth Eurasia International Trade Exhibition, announced the initiative of holding the Iran-Eurasia Economic Cooperation Summit on the sidelines of this event with the presence of a group of officials from the Eurasian Economic Union (EAEU) and neighboring countries.

2026-01-23 15:07

Iran-Algeria trade increases by 5 folds in 8 months yr/yr

TEHRAN- The value of trade between Iran and Algeria rose by five folds during the first eight months of the current Iranian calendar year (March 21-November 21, 2025), as compared to the same period of time in the past year, according to the head of Iran Trade Center in Algeria.

2026-01-23 13:35

Installed capacity of Iran’s renewable power plants exceeds 3,700 MW

TEHRAN - The head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA) said the installed capacity of the country's renewable power plants has exceeded 3,700 megawatts.

2026-01-23 12:24

Daily gas consumption in Iran hits new record high

TEHRAN - The head of the National Iranian Gas Company (NIGC) announced the registration of a record 726 million cubic meters of gas consumption in the residential, commercial, and industrial sectors, calling on the public to help maintain the country's gas network sustainability in the upcoming cold days by adhering to standard consumption patterns.

2026-01-23 12:22

Major infrastructure projects inaugurated in Chabahar Port

TEHRAN – Iranian Transport and Urban Development Minister Farzaneh Sadegh inaugurated and ordered the beginning of 14 major infrastructure and equipment projects worth 98 trillion rials (about $196 million) in Chabahar Port on Thursday.

2026-01-21 12:30

Over 2,000 production units introduced to receive working capital

TEHRAN- The spokesperson of the Ministry of Industry, Mining, and Trade announced the submission of the first list of production units eligible to receive facilities to the Central Bank of Iran (CBI) and said this list includes 2,486 production units.

2026-01-21 11:42

POGC rises gas extraction from South Pars phase 11

TEHRAN - The project manager of South Pars phase 11 at Pars Oil and Gas Company (POGC) said daily gas extraction from the block has increased by more than two million cubic meters with the completion and commissioning of the 10th development well.