Archive - Tehran Times

Iran, Azerbaijan sign economic co-op document covering 10 sectors

TEHRAN – Iran and Azerbaijan signed a cooperation document outlining joint economic initiatives across 10 sectors, including transport, energy, electricity and water, the Ministry of Transport and Urban Development said.

Today 14:39

Iran power capacity rises to 98,802 MW, up 5,800 MW in 18 months

TEHRAN – Iran’s installed electricity generation capacity has increased by about 5,800 megawatts in less than 18 months, reaching 98,802 MW from roughly 93,000 MW at the start of the current administration, according to the latest weekly report by the Iran Power Generation, Transmission and Distribution Management Company (Tavanir).

Today 14:32

Iran Expo 2026 to be held during June 18–22 to boost non-oil exports

TEHRAN – The eighth Exhibition of Export Capabilities of the Islamic Republic of Iran (Iran Expo 2026) will be held from June 18 to June 22, 2026, aimed at strengthening trade diplomacy and expanding non-oil exports, a senior official at the Trade Promotion Organization of Iran (TPO) said.

Yesterday 15:43

Iran–Azerbaijan joint Economic Committee meeting opens in Baku

TEHRAN – The seventeenth meeting of the Iran–Azerbaijan Joint Economic Committee opened in Baku on Monday, focusing on transport links, border infrastructure and broader economic and cultural ties.

Yesterday 15:17

Major dams 41% full as Iran enters final month of winter

TEHRAN – Iran’s major dams have entered the final month of winter at just 41 percent of capacity, with 59 percent of their storage remaining empty amid a prolonged five-year drought.

Yesterday 15:14

CBI board approves draft bylaw for redenomination plan

TEHRAN – The High Council of the Central Bank of Iran (CBI) has approved a draft executive bylaw for implementing the law to remove four zeros from the national currency, the bank said.

2026-02-22 15:37

Solar capacity expands fivefold as renewables reach 4,162 MW

TEHRAN – Iran’s renewable power capacity has risen sharply, with solar installations expanding more than fivefold and total renewable capacity reaching 4,162 megawatts, a senior energy official said.

2026-02-22 15:33

NDF allocates $1b to strategic Makran projects

TEHRAN – Iran’s National Development Fund (NDF) has allocated around $1.0 billion to strategic projects in the Makran region, as part of broader financing of infrastructure and production schemes in the southeastern province of Sistan-Baluchestan, a senior official said.

2026-02-22 15:29

Tea exports rise 10.2% as global prices strengthen

TEHRAN – Iran’s tea exports increased 10.2 percent year-on-year, supported by higher global prices and steady demand in overseas markets, the head of the country’s tea syndicate said.

2026-02-21 15:35

Maritime container production line to be launched soon with private sector co-op

TEHRAN- According to the head of the Industrial Development and Renovation Organization of Iran (IDRO), a production line for maritime containers is set to be launched soon with the cooperation of private sector.

2026-02-21 15:33

South Pars to begin new year overhauls early, aiming for record efficiency

TEHRAN- The managing director of the South Pars Gas Complex announced that the major overhauls in the South Pars for the Iranian year 1405 (starts on March 21) will commence in the early days of the new year, stating that these operations will be carried out with an innovative approach, leveraging successful past experiences, and operational cohesion to increase equipment readiness and achieve record performance in the field of overhauls.

2026-02-21 15:31

Sanctions forge new path: Iran, Russia pivot to strategic energy alliance

TEHRAN- The Vice Chairman of the Iranian Parliament's Energy Committee, pointing to the development of oil fields and technology transfer between Iran and Russia, stated: "Investment by Russian companies in Iran's upstream projects, especially in gas and oil fields, in addition to providing financing, makes it possible to benefit from technical experience under sanctions."

2026-02-20 16:12

Iran, Russia customs officials meet in Tehran to streamline trade procedures

TEHRAN – Customs delegations from Iran and Russia met in Tehran to expand training cooperation and facilitate customs clearance and supervision procedures, officials said.

2026-02-20 16:09

Over 100m tons of petroleum products transported annually

TEHRAN – More than 100 million tons of petroleum products are transported across Iran each year, accounting for around 17 percent of total freight movement in the country, a senior road transport official said.

2026/02/20

By Ebrahim Fallahi

Tehran, Dushanbe set $1b trade target, deepen industrial, mining ties

TEHRAN – Iran and Tajikistan have set a target of raising bilateral trade to $1.0 billion in the near future and agreed to expand joint investments and establish shared industrial plants, as senior officials from both sides moved to deepen economic and mining cooperation.

2026-02-18 16:29

'Iran, Russia pledge to move beyond understanding to implementation'

TEHRAN- Iranian Oil Minister Mohsen Paknejad stated that what was ultimately agreed upon in the 19th meeting of Iran-Russia Joint Economic Committee represents the achievement of moving from understanding to the implementation phase.

2026-02-18 16:05

Trade between Iran, Qatar turns positive as exports rise 34% in 10 months

TEHRAN – Iran’s trade balance with Qatar swung into surplus in the first 10 months of the Iranian year 1404 (March 2025-January 2026), driven by a sharp rise in exports and a decline in imports, a senior trade official said.

2026-02-18 15:51

Iran invites UAE investors to tap major economic projects

TEHRAN – Iran has invited Emirati investors to participate in major projects across its economy, the country’s economy minister said during a meeting with the United Arab Emirates’ new ambassador to Tehran.

2026-02-17 16:54

Iran’s agriculture minister visits Pakistan to boost bilateral co-op

TEHRAN – Iran’s agriculture minister arrived in Islamabad on Monday at the invitation of his Pakistani counterpart to discuss expanding bilateral cooperation, Iranian media reported.

2026-02-17 16:50

TPO head visits Tajikistan to expand industrial, commercial ties

TEHRAN – The head of Iran’s Trade Promotion Organization (TPO) traveled to Tajikistan alongside the industry minister to discuss expanding industrial, mining and trade cooperation between the two countries, officials said.

2026-02-17 16:48

Tehran, Moscow target $10b trade amid calls to ease customs hurdles

TEHRAN – Iranian and Russian business representatives called for the removal of customs restrictions and faster trade procedures, setting a $10 billion target for bilateral trade over the next three years.

2026-02-16 16:07

Water, power projects to be launched in Khuzestan during energy minister visit

TEHRAN – Several water supply and electricity infrastructure projects will be inaugurated or launched in Iran’s southwestern province of Khuzestan during a two-day visit by the energy minister, the Energy Ministry said.

2026-02-16 16:00

Capital market needs expansion, fair risk distribution, says SEO head

TEHRAN – Iran’s capital market requires further development and investment, with greater focus on managing and fairly distributing risk alongside returns, the head of the Securities and Exchange Organization (SEO) said on Monday.

2026-02-16 15:54

Iran, Russia stress deeper strategic ties as joint economic committee meeting opens

TEHRAN – Iran and Russia opened the 19th session of their Joint Economic Committee on Monday, underscoring efforts to convert bilateral understandings into executable projects and results-driven cooperation.

2026-02-15 16:41

Iran’s date exports rise 25% in 2024, generating $213m

TEHRAN – Iran’s exports of fresh and dried dates increased by 25 percent in value in 2024, generating more than $213 million in foreign currency earnings, according to trade data.

2026-02-15 16:38

Iron ore concentrate output rises 9% in 9 months; lump ore up 44%

TEHRAN – Production of iron ore concentrate by Iran’s major mining companies rose nine percent in the first nine months of the current Iranian year (ending December 21, 2025), while lump iron ore output surged 44 percent, according to new data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

2026-02-15 16:37

‘Iran–Russia Joint Economic Committee meeting marks turning point in bilateral co-op’

TEHRAN – Iran’s Oil Minister Mohsen Paknejad has described the 19th meeting of the Iran–Russia Joint Economic Committee as a pivotal opportunity to deepen strategic ties between Tehran and Moscow and open a new chapter in bilateral economic relations.

2026-02-14 15:23