-
Today 15:18
South Azadegan oil field’s production capacity hits 160,000 bpd
TEHRAN- The managing director of Petropars Group announced an increase in the operational capacity of the South Azadegan joint oil field to 160,000 barrels per day (bpd) and stated: “With the launch of the second train of the central processing unit and the gradual return of wells to the production stream, the trend of stable production in this field has accelerated.”
-
Today 15:08
Iran's export to Eurasia increases 16% in 7 months on year
TEHRAN- The value of Iran’s export to the Eurasian Economic Union (EAEU) member countries rose 16 percent during the first seven months of the current Iranian calendar year (March 21-October 22), as compared to the same period of time in the previous year, the acting secretary of the Secretariat of Iran’s Free Trade Agreement with the Eurasian Economic Union announced.
-
Today 14:49
Iran exports non-oil goods worth $1.66b to Afghanistan in 8 month
TEHRAN- Iran exported non-oil commodities valued at $1.66 billion to Afghanistan during the first eight months of the current Iranian calendar year (March 21-November 21), the Islamic Republic of Iran Customs Administration (IRICA) announced.
-
2025-12-24 16:46
Tehran, Astana seek to boost trade ties through logistics, regional cooperation
TEHRAN – Trade ties between Tehran and Astana are entering a more dynamic phase following the recent presidential visit to Kazakhstan, with both sides seeking to expand economic cooperation through logistics projects and regional partnerships, a senior trade official said.
-
2025-12-24 16:31
Iran exports non-oil goods worth $4.3b to Turkey in 8 month
TEHRAN- Iran exported non-oil commodities valued at $4.393 billion to Turkey during the first eight months of the current Iranian calendar year (March 21-November 21), the Islamic Republic of Iran Customs Administration (IRICA) announced.
-
2025-12-24 16:09
South Korea funds $500,000 vocational training facilities in western Iran
TEHRAN – Two specialized vocational training workshops were opened and equipped in Iran’s western Kordestan province with $500,000 in funding from South Korea, state media reported on Tuesday.
-
2025-12-23 17:09
Iran boosts renewable power capacity by 157% in 18 months
TEHRAN – Iran has increased its installed renewable and clean power generation capacity by 157 percent over the past year and a half, reflecting a steady expansion of wind and solar projects and a rising share of clean energy in the national grid.
-
2025-12-23 17:08
IMIDRO, NDF move to shield mining industry from power cuts with renewable contracts
TEHRAN – Iran’s mining and metals sector is seeking to avert electricity shortages through long-term renewable power purchase agreements, following talks between the state mining agency IMIDRO and the National Development Fund (NDF).
-
2025-12-23 17:05
By Mahnaz Abdi
Khuzestan must build an economy beyond oil: head of Ahvaz chamber of commerce
TEHRAN- In an exclusive interview with the Tehran Times, Shahla Amouri, Head of the Ahvaz Chamber of Commerce, Industries, Mines, and Agriculture, emphasized the urgent need for economic diversification in Khuzestan, Iran's energy powerhouse.
-
2025-12-21 15:53
Tajikistan seeks broader civil aviation cooperation with Iran
TEHRAN – Tajikistan has called for expanding cooperation with Iran in civil aviation, praising the technical expertise and professional approach of Iranian aviation officials following a joint safety oversight mission, state media reported.
-
2025-12-21 15:49
Iran, China explore ways to deepen strategic economic cooperation
TEHRAN – Iran’s private sector and Chinese policy institutes held talks on expanding long-term economic and strategic cooperation, focusing on investment, finance and regional connectivity, officials said.
-
2025-12-21 15:40
Iran exports non-oil goods worth $6.7b to Iraq in 8 months
TEHRAN- Iran exported non-oil commodities valued at $6.719 billion to Iraq during the first eight months of the current Iranian calendar year (March 21-November 21), the Islamic Republic of Iran Customs Administration (IRICA) announced.
-
2025-12-20 15:35
Transport Ministry unveils upgraded road maintenance fleet as renewal accelerates
TEHRAN – Iranian Transport and Urban Development Ministry has unveiled part of a renewed national road maintenance fleet at a ceremony attended by the transport minister, highlighting efforts to modernize equipment and strengthen the country’s capacity to respond to road emergencies.
-
2025-12-20 14:59
South Pars gas refineries maintain uninterrupted output amid cold snap
TEHRAN – Iran’s South Pars gas processing plants are operating at full readiness and maintaining stable, uninterrupted production despite rising demand as colder weather sets in, the head of the South Pars Gas Complex said.
-
2025-12-20 14:56
Iran-China non-oil trade exceeds $20b in 8 months
TEHRAN - The value of non-oil trade between Iran and China stood at $20.15 billion during the first eight months of the current Iranian calendar year (March 21-November 21), the Islamic Republic of Iran Customs Administration (IRICA) reported.
-
2025-12-19 14:01
By Mahnaz Abdi
Beyond the Strait: Hormozgan charts course from transit hub to economic powerhouse
TEHRAN- Strategically positioned at the mouth of the Strait of Hormuz—the world's most critical energy chokepoint—Iran's Hormozgan province serves as the nation's indispensable commercial gateway. Home to major ports like Shahid Rajaei, the country's largest container port, it is the primary hub for Iran's import, export, and transit trade, connecting global markets from the Persian Gulf to Africa and India.
-
2025-12-19 08:04
President unveils economic drive in South Khorasan, touts national strength
TEHRAN – President Masoud Pezeshkian concluded a significant working visit to South Khorasan province, heralding a major injection of capital and a series of development projects aimed at boosting the regional and national economy.
-
2025-12-19 06:37
Transit of goods via Iran reaches 13.5m tons in 8 months
TEHRAN- As reported by the Islamic Republic of Iran Customs Administration (IRICA), 13.5 million tons of commodities was transited through Iran during the first eight months of the current Iranian calendar year (March 21-Novembre 21).
-
2025-12-19 06:05
Tehran, Minsk explore co-op opportunities in oil, petchem sectors
TEHRAN- Opportunities and capacities for cooperation between Iran and Belarus were discussed in the third session of the two countries' oil industry working group, which was held virtually, with the aim of following up and implementing the bilateral oil memorandum of understanding signed between Iran’s Oil Ministry and Belarus' Belneftekhim (an association of petrochemical companies in Belarus, subordinated to the Council of Ministers).
-
2025-12-17 15:55
Iran to back investments in Africa, boost exports with multibillion-dollar guarantees
TEHRAN – Iran will support investments by Iranian firms in Africa and efforts to expand exports to the continent, with export credit guarantees and development financing expected to underpin trade growth, the head of the Iran–Africa Joint Chamber of Commerce stated.
-
2025-12-17 15:42
Govt. injects $300m into rail sector as private investment brings new locomotives, wagons
TEHRAN – Iranian government has allocated 150 trillion rials ($300 million) to the private sector to strengthen its rail fleet, paving the way for new locomotives and passenger wagons to enter service as part of the country’s Seventh National Development Plan, the head of the national railway company said.
-
2025-12-17 15:32
ICCIMA urges Austria to ease business visas, seeks cooperation in renewables
TEHRAN – The head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has urged Austria to facilitate the issuance of business visas for Iranian traders, saying easier travel would help revive bilateral economic ties weakened by sanctions.
-
2025-12-16 16:02
Iran’s tea export increases 48%
TEHRAN- The head of the Iranian Tea Organization said this (Iranian calendar) year (began on March 21), the country's tea exports have increased by 48 percent compared to the same period last year, and close to 9.8 million kilograms of tea were exported to foreign markets.
-
2025-12-16 15:40
Iran-Uzbekistan agricultural trade to be facilitated
TEHRAN- During a meeting between the heads of the Plant Protection Organizations of Iran and Uzbekistan, emphasis was placed on developing bilateral cooperation in the fields of plant quarantine, pest control, and facilitating the safe trade of agricultural products.
-
2025-12-16 14:59
Steel chain exports rise 41% in 8 months on year
TEHRAN- The volume of Iran’s steel chain export has increase 41 percent in the first eight months of the current Iranian calendar year (March 21-November 21), as compared to the same period of time in the previous year, Iranian Steel Producers Association (ISPA) reported.
-
2025-12-15 15:10
Cabinet approves general outline of next year’s budget bill
TEHRAN – Iran’s cabinet on Sunday approved the general framework of the government’s budget bill for the Iranian year 1405 starting late March 2026, during a meeting chaired by President Masoud Pezeshkian.
-
2025-12-15 15:07
Iran, Pakistan push for joint trade committee, $10b trade target
TEHRAN – Iranian and Pakistani business representatives agreed to pursue the creation of a joint trade committee and work towards boosting bilateral trade to $10 billion, during a meeting in Karachi aimed at strengthening private-sector cooperation and facilitating cross-border commerce.
-
2025-12-15 15:04
Oil Ministry targets completion of over 1,000 km of gas pipelines by late Mar. 2026
TEHRAN – Iranian Oil Ministry aims to complete and bring into operation more than 1,000 kilometers of gas transmission pipelines by the end of the current Iranian calendar year (late March 2026), Oil Minister Mohsen Paknejad said, underscoring efforts to strengthen energy security during periods of peak demand.
-
2025-12-14 16:43
By Mahnaz Abdi
Maritime-oriented economy a unique opportunity for Iran: PMO head
TEHRAN- In a meeting held on Sunday, Saeed Rasouli, Head of Iran’s Ports and Maritime Organization (PMO), presented a comprehensive vision for developing Iran's maritime economy. He characterized it as a unique and underutilized opportunity for national development.
-
2025-12-14 15:57
Tehran hosting intl. transport, logistics exhibition
TEHRAN – The ninth International Exhibition of Transport, Logistics and Related Industries opened in Tehran on Sunday, bringing together private companies, investors and technology firms as the government seeks to strengthen the country’s role in regional transit corridors through productivity gains and smart solutions.