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2025-01-17 13:15
Iran-Qatar trade increases 53% in 9 months yr/yr
TEHRAN- The Iranian commercial attaché in Qatar referred to the development of trade interactions between Iran and Qatar, and announced a 53-percent increase in the value of trade between the two countries in the first nine months of the current Iranian calendar year (March 20 – December 21, 2024), as compared to the same period of time in the past year.
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2025-01-17 13:11
Iran retains position as OPEC’s third-largest oil producer: report
TEHRAN – According to OPEC’s first report of 2025, Iran maintained its position as the organization’s third-largest oil producer in December 2024, with an average daily production of 3.314 million barrels.
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2025-01-17 13:10
High potential for trade expansion between Iran, Canada
TEHRAN – The head of the Iran-Canada Business Association emphasized the significant opportunities for expanding trade relations between the two countries, citing Iran's potential to export technical expertise to North America.
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2025-01-17 13:08
Iran urges removal of barriers to agricultural exports to Russia
TEHRAN – Iranian Agriculture Minister Gholamreza Nouri Ghezeljeh met with Russian Agriculture Minister Oksana Nikolaevna Lut in Moscow to discuss bilateral agricultural cooperation and emphasized the need to address barriers hindering Iran’s agricultural exports to Russia.
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2025-01-17 13:00
Iran, Tajikistan sign 23 cooperation agreements during president Pezeshkian’s visit
TEHRAN - Iranian President Masoud Pezeshkian concluded his two-day official visit to Tajikistan and departed for Moscow early Friday, marking a significant milestone in bilateral relations with the signing of 23 agreements across various fields.
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2025-01-17 12:55
Iran, IRENA discuss expanding cooperation on renewable energy
TEHRAN—The head of Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) met with Binu Parthan, Director of Country Engagement and Partnerships at the International Renewable Energy Agency (IRENA), and Tarek Ahmed, Regional Director for West Asia and North Africa, during the IRENA General Assembly in Abu Dhabi to review past collaborations and plan joint initiatives.
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2025-01-17 12:54
Iran opens trade center in Minsk
TEHRAN – Iran’s Trade Center in Minsk, Belarus, was inaugurated during a visit by Mohammad Atabak, Iran’s Minister of Industry, Mines, and Trade.
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2025-01-17 12:52
IMIDRO reports 53% surge in exploratory drilling by late Dec. 2024
TEHRAN – The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has reported a significant increase in exploratory drilling and investment calls during the first nine months of the current Iranian calendar year (March 20-December 20, 2024).
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2025-01-15 14:37
TEDPIX drops 431 points on Wednesday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), fell 431 points to 2,866,222 on Wednesday, which is the fifth day of the Iranian calendar week.
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2025-01-15 12:35
Iran calls for investment in renewable energy at IRENA summit
TEHRAN - The head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA) Mohsen Tarztalab proposed that, in addition to international mechanisms like the carbon trading market and emission reduction certificates, national market guarantees should be established in various countries to attract foreign investments in renewable setor.
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2025-01-15 12:34
Only 44% of Iran’s dam capacity filled halfway through winter
TEHRAN - Iran's major dams are entering the second month of winter with only 44 percent of their capacity filled, leaving 56 percent of their storage empty. This comes after a lackluster autumn rainfall that failed to alleviate the impacts of ongoing droughts.
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2025-01-15 12:32
Iran to establish 24 solar energy industrial parks
TEHRAN - Iran's Small Industries and Industrial Parks Organization (ISIPO) has announced the approval of 24 specialized industrial parks dedicated to solar energy.
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2025-01-15 12:12
Iran-Russia trade reaches $1.9b in 9 months
TEHRAN - Iran’s Customs Administration (IRICA) has reported that non-oil trade between Iran and Russia reached 3.447 million tons of goods, valued at $1.902 billion, during the first nine months of the current Iranian year (March 20- December 20, 2024), IRIB reported.
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2025-01-15 12:02
Gasoline production surges 10m liters in 3 months
TEHRAN - The National Iranian Oil Refining and Distribution Company (NIORDC) has reported a significant increase in gasoline production between September and December this year. Technical upgrades across multiple refineries have raised daily production by more than 10 million liters, increasing the national daily average to 107 million liters in December from 97.5 million liters in the first five months of the year.
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2025-01-15 12:01
High-level Iranian trade delegation visits Tajikistan to strengthen economic ties
TEHRAN - A high-ranking Iranian trade delegation, comprising members of Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and led by Chamber Head Samad Hassanzadeh, departed Tehran for Dushanbe, the capital of Tajikistan, on Tuesday, January 14.
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2025-01-15 11:41
Iran’s 9-month non-oil export to UAE stands at $5.3b
TEHRAN – Iran exported non-oil commodities valued at $5.3 billion to the United Arab Emirates (UAE) during the first nine months of the current Iranian calendar year (March 20-December 21, 2024), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-01-14 13:40
Iran, Turkey sign cooperation agreement on livestock, aquatic feed
TEHRAN - Majid Movahed Ghaderi, a board member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), announced the signing of a memorandum of understanding (MOU) between Iran and Turkey's private sectors to enhance trade cooperation in the livestock, poultry, and aquatic feed industry.
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2025-01-14 13:38
French company offers jet fuel to Iranian airlines
TEHRAN - The head of Iran's Civil Aviation Organization has announced that a French company is prepared to sell jet fuel to Iranian airlines, despite higher costs.
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2025-01-14 13:35
TPO invites private sector to cooperate in development of border markets
TEHRAN - The head of Iran's Trade Promotion Organization (TPO) has announced the organization's readiness to collaborate with the private sector to invest in border markets.
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2025-01-14 13:32
Gas consumption in Iran reaches 874 mcm
TEHRAN - Iran's total natural gas consumption over the past 24 hours reached 874 million cubic meters (mcm), according to the national broadcaster IRIB.
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2025-01-14 13:29
Industry minister to attend Iran-Belarus Joint Economic Committee meeting
TEHRAN - Iran's Minister of Industry, Mining and Trade Mohammad Atabak will lead an economic delegation to Minsk, Belarus, on January 15 to participate in the 17th Iran-Belarus Joint Economic Committee meeting.
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2025-01-14 13:26
Petchem exports reach $10b in 9 months
TEHRAN - Iran's petrochemical industry achieved $10 billion in exports during the first nine months of the Iranian calendar year 1403 (March-December 2024), with projections suggesting the figure could reach $13 billion by year-end, a senior official announced.
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2025-01-14 13:26
Free zones urged to develop trade development frameworks
TEHRAN - The head of Iran’s Trade Promotion Organization (TPO) has called for the preparation of trade development plans for the country’s free trade zones, highlighting their potential for economic growth through trade.
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2025-01-14 13:07
Foreign currency allocations for basic goods, services exceed $55b
TEHRAN - The Central Bank of Iran (CBI) announced that from the beginning of the current Iranian year (March 20, 2024) until January 13, a total of $55.127 billion in foreign currency has been allocated for the imports of essential goods, pharmaceuticals, commercial and trade commodities, as well as service-related needs.
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2025-01-14 13:02
Makran petrochemical hub receives €10 billion investment
TEHRAN - The head of Negin Makran Petrochemical Development Company announced that approximately €10 billion has been invested in the third petrochemical hub at Negin Makran in Chabahar. This investment aims to establish petrochemical complexes and complete the methane gas value chain, ensuring that raw petrochemical exports will cease upon completion of the hub’s phases.
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2025-01-12 12:11
Iran, Turkey pave the way for $30b in bilateral trade
TEHRAN - Hossein Pirmoazzen, deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), announced the preparation of a memorandum of understanding (MOU) to establish a joint Iran-Turkey Chamber of Commerce and Industries following the visit of an Iranian trade delegation to Ankara.
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2025-01-12 11:46
70 companies partaking in Iran steel structures exhibition
TEHRAN - More than 70 domestic and foreign companies are showcasing their latest products, achievements, and services at the second International Exhibition of Steel Structures, Related Engineering Industries and Services (Iran Steel FAB).
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2025-01-12 11:46
Iran’s gasoline consumption increases by 7.4%
TEHRAN - The head of the National Iranian Oil Products Distribution Company (NIOPDC) announced that the country’s daily gasoline consumption in the current Iranian calendar year 1403 (started on Mach 20, 2024) has risen by 7.4 percent compared to the previous year, reaching 124 million liters per day.
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2025-01-12 07:49
Export from Semnan province increases 60%
TEHRAN – As announced by a provincial official, the value of non-oil export from Semnan province rose 60 percent during the first nine months of the current Iranian calendar year (March 20-December 21, 2024), as compared to the same period of time in the past year.
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2025-01-12 07:47
Copper cathode production rises 3.2% in 9 months on year
TEHRAN- Production of copper cathode in Iran rose 3.2 percent in the first nine months of the current Iranian calendar year (March 20-December 21, 2024), as compared to the same period of time in the past year, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has announced.