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Today 17:11
Khandouzi introduced as new head of Leader’s office economic review unit
TEHRAN- The introduction ceremony for Seyyed Ehsan Khandouzi as the new head of the Economic Review Working Group of the Review Department of the Office of the Leader of the Islamic Revolution, and the farewell for Ali Aqa-Mohammadi, was held on Tuesday.
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Today 17:05
Energy minister visits Fars: water projects inaugurated, power substations opened
TEHRAN- Energy Minister Abbas Aliabadi arrived in Shiraz on Monday evening at the head of a delegation via Martyr Ayatollah Dastgheyb Airport for a two-day trip to inspect water and electricity projects and inaugurate major projects in various counties of Fars Province. He was welcomed by Fars Governor Hossein-Ali Amiri and other provincial officials.
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Today 17:00
Iran’s large trade delegation in Russia: an opportunity for a leap in exchanges
TEHRAN- More than 300 business figures from 18 provinces of Iran who have traveled to Russia to participate in two international exhibitions discussed practical solutions for a leap in trade between the two countries in a meeting with Iran’s ambassador, the governors of Yazd and Bushehr, and the heads of Iran’s Fisheries Organization and Veterinary Organization.
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Yesterday 16:53
CBI governor meets Turkish, Tunisian counterparts at Islamic Banks Summit
TEHRAN- The Governor of the Central Bank of Iran met and held talks with the Governors of the Central Banks of Turkey and Tunisia on the sidelines of the summit of Central Bank Governors of Islamic countries.
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Yesterday 07:29
Salman field creates $1.2b revenue in 2 years
TEHRAN- The project to maintain oil production, collect associated gases, and develop gas transmission infrastructure at the shared Salman Field is underway.
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Yesterday 07:25
Tehran hosting international auto show
TEHRAN - The 7th Tehran International Auto Show is running at Shahr-e Aftab exhibition center during September 14-17.
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2026-09-13 18:12
Iran’s industrial parks to become smart, specialized ecosystems under new SME strategy
TEHRAN- Iran’s industrial parks must become smart, specialized, and sustainable ecosystems, said Tahmoures Lahouti Ashkouri, deputy minister of industry and head of the Iran Small Industries and Industrial Parks Organization.
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2026-09-13 18:02
CBI governor departs for Turkey; pursuing new banking exchange mechanisms
TEHRAN- Abdolnaser Hemmati, Governor of the Central Bank of Iran (CBI), left Tehran for Istanbul, Turkey, to attend the meeting of central bank governors of Islamic countries.
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2026-09-13 17:48
How can BRICS help Iran’s trade get past sanctions, dollar?
TEHRAN- For Iran, BRICS is not merely an economic pact; it is a large market and a set of financial, commercial, and transit routes that, if their capacities are activated, can open a new chapter in the country’s foreign trade.
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2026-09-12 13:21
TPO head outlines 3-pillar strategy to overcome export barriers
TEHRAN — Mohammad Ali Dehghan Dehnavi, head of Iran’s Trade Promotion Organization (PMO), has outlined three core priorities for the organization this year: monitoring, facilitation, and proactive engagement.
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2026-09-12 13:08
Economists’ prescription for breaking Iran’s inflation cycle
TEHRAN- Iran’s inflation has become a persistent, multi-layered economic problem that cannot be solved through a single tool or a simple policy choice. Economists interviewed by IRNA argue that suppressing prices, restricting demand, or relying only on monetary instruments such as interest rates or liquidity controls will not break the inflation cycle. Inflation can only be contained when the policymaker simultaneously controls the money-creation engine, directs financial resources toward production, prevents supply-side shocks, and protects the purchasing power of vulnerable groups without generating a new inflationary wave.
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2026-09-12 12:58
ECO stresses speedy operationalization of regional center for anti-corruption co-op between members
TEHRAN- At the meeting of prosecutors general of the Economic Cooperation Organization (ECO) member states in Kazakhstan, on Friday, September 11, the ECO Secretary General emphasized the need to expedite the operationalization of the “ECO Regional Center for Cooperation among Anti-Corruption Bodies and High Inspectors (Ombudsmen).”
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2026-09-11 10:34
Comprehensive housing plan drafted based on production leap law requirements
TEHRAN- The Minister of Transport and Urban Development announced the drafting and finalization of the "Comprehensive Housing Plan" in line with the implementation of legal requirements for approval by the Supreme Housing Council, and said: "With the implementation of this 10-year document, the government's policies in worn-out textures, land annexation, locating new towns, and prioritizing supportive intervention with special focus on deciles 1 to 5 will be operationalized."
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2026-09-11 10:34
Iran expands trade footprint with 7 new commercial attachés
TEHRAN- Akbar Godari in Oman, Reza Bagherifard in Afghanistan, Mahmoud Eskandari in Belarus, Mohsen Montazeri in Malaysia, Seif-Ali Zarbi in Russia, Dariush Vossoughi in Turkey, and Mojtaba Moulaei Moein in India have been introduced as Iran's commercial attachés to begin operations in target markets.
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2026-09-11 10:33
Iran pushes for local currencies, alternative payment systems to counter sanctions in BRICS summit
TEHRAN- The Minister of Economic Affairs and Finance, referring to the holding of the Second Meeting of Economy Ministers and Central Bank Governors of BRICS member countries, said: "The use of local currencies, the development of payment systems and domestic financial messengers, and increased economic coordination among BRICS members were among the most important topics raised at this meeting."
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2026-09-09 17:55
‘Iran-Iraq trade capacity can rise to $20b’
TEHRAN- The head of the Iran-Iraq Joint Chamber of Commerce, emphasizing the need to create new momentum in the economic relations between the two countries, stated that there is capacity for Iran-Iraq trade to reach $20 billion, and that by resolving some domestic and foreign obstacles, this goal can be achieved.
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2026-09-09 17:52
Iran pushes for accelerated trade with Eurasia as minister wraps up Moscow visit
TEHRAN- Iran’s Minister of Economic Affairs and Finance, offering a positive assessment of the results of his Tuesday meetings with officials of the Eurasian Economic Union (EAEU), announced the proposal of initiatives such as setting a base currency to accelerate transactions and appointing special representatives to resolve obstacles facing bilateral trade.
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2026/09/09
Strategic folly of Iran war: a global economic catastrophe
TEHRAN- The recent war waged by the United States and Israel against Iran has been a catastrophic miscalculation, inflicting severe and likely irreversible damage on the global economy. While Americans grapple with soaring gas prices and inflation, the deeper, more systemic impacts of this conflict expose the reckless shortsightedness of U.S. policy in West Asia.
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2026-09-08 18:51
ICCIMA head, Mexican ambassador in Tehran explore ways to expand trade relations, joint co-op
TEHRAN- The Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and the Mexican Ambassador in Tehran, during a meeting while emphasizing the importance of exchanging trade delegations between the two countries for greater familiarity of economic activists with each other's capacities, discussed the necessity of establishing a joint committee aimed at greater coordination in developing trade and investment relations.
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2026-09-08 18:43
Annual car production stands at 926,000
TEHRAN- A recent report by the Iranian Parliament's Research Center on the automotive industry reveals that 926,000 vehicles were produced in the past Iranian calendar year 1404 (ended on March 20), marking a 17.4% decline compared to the previous year.
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2026-09-08 17:05
Iran, Russia forge ahead with financial co-op as Tehran aims to transform customs into passage point
TEHRAN – Iran's Minister of Economic Affairs and Finance, offering a positive assessment of the outcomes of his meeting with his Russian counterpart, stated that significant progress has been made in bilateral interactions concerning financial and monetary matters. He also announced that with the implementation of two new plans, customs are set to become places of passage rather than stoppage.
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2026-09-07 16:22
Over 2,800 mining machines placed on track for overhaul
TEHRAN- The CEO of the Mining Investment Insurance Fund, noting the fund's support for 960 private mines, stated that 2,815 mining machines have been placed on track for procurement and modernization.
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2026-09-07 16:09
‘Economic blockade is difficult in a multipolar world’
TEHRAN- The head of the Iran-Russia Joint Chamber of Commerce, stating that the aim of US sanctions is to increase the costs of Iran's economic transactions, said: "In today's multipolar world, an absolute economic blockade against Iran is difficult, and shared economic interests are an important strategy for countering these oppressive measures."
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2026-09-07 16:07
Details of reconstructing 27 airports across Iran after war outlined
TEHRAN- The CEO of Iran Airports and Air Navigation Company, outlining the jihad-style efforts undertaken after the ceasefire, reported the rapid reconstruction of runways and navigation systems at 27 damaged airports across the country, relying on the expertise of domestic personnel and collaboration with knowledge-based companies.
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2026-09-06 15:39
Tehran, Baku emphasize development of transit, infrastructure cooperation
TEHRAN- Farzaneh Sadegh, Iran's Minister of Transport and Urban Development, and Shahin Mustafayev, Deputy Prime Minister of Azerbaijan, held a telephone conversation to review the latest developments in bilateral relations and explore ways to expand economic ties, particularly in transit, energy, and border infrastructure.
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2026-09-06 15:35
‘Iranian people build Iran's economy, not U.S. Treasury Department’
TEHRAN- The Minister of Economy, reacting to the U.S. Treasury Secretary's remarks about intensifying sanctions and economic pressure on Iran, said: "The notion that pressure on Iran's economy can change the decisions of a nation is a mistake."
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2026-09-06 00:43
Border rail exchanges proceeding uninterruptedly
TEHRAN- The Director General of Foreign Trade at the Islamic Republic of Iran Railways, emphasizing the normal and growing flow of exchanges across all 13 railway border crossings, has denied rumors about the suspension of transit operations and announced plans to double transit capacity at northeastern borders and develop ports connected to the rail network.
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2026-09-05 18:00
South Pars Phase 11 on verge of producing 1b cubic feet of gas
TEHRAN- South Pars Phase 11 has witnessed a significant production surge and simultaneous developmental progress during the 14th government. Production at Location B, which stood at around 400 million cubic feet per day during the 12th and 13th governments, has now exceeded 915 million cubic feet per day in the 14th government. According to the schedule, with the connection of the 12th well in the coming weeks, it will reach maximum production of 1 billion cubic feet per day.
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2026-09-05 17:51
TCCIMA to dispatch trade delegation to Kazakhstan intl. oil, gas exhibition, conference
TEHRAN- The 30th Kazakhstan International Oil & Gas Exhibition and Conference (KIOGE 2026) will be held from September 30 to October 2, 2026 (8 to 10 Mehr 1405) in Almaty. The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) intends to dispatch a trade delegation consisting of economic activists and capable Iranian companies to Kazakhstan concurrently with this event.
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2026-09-05 17:47
Activating border crossings, expand mining capacity necessary in Ilam: industry minister
TEHRAN- The Minister of Industry, Mining and Trade emphasized the need to strengthen the Mehran border crossing and activate other crossings and border markets in Ilam, stating: "We must utilize the capacity of cross-border trade laws and, by developing border markets, increase the province's share of the country's trade."