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2024-12-31 14:40
Groundwork laid for 2.5-fold increase in trade with EAEU
TEHRAN – The Head of Iran's Trade Promotion Organization (TPO) Mohammad Ali Dehghan Dehnavi says the Preferential Trade Agreement (PTA) between Iran and the Eurasian Economic Union (EAEU) has paved the way for a 2.5-fold increase in trade with member states over the past five years.
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2024-12-31 14:29
South Pars daily gas production reaches 714 mcm
TEHRAN - The deputy for operations and support at Pars Oil and Gas Company (POGC), which is in charge of developing the giant South Pars gas field, which Iran shares with Qatar in the Persian Gulf, announced a new daily production record of 714 million cubic meters of gas from the gas field.
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2024-12-30 15:17
Iran objects to Afghanistan's construction of Pashdan Dam on Harirud
TEHRAN- The spokesman of Iran’s water industry considered the unilateral exploitation of the Harirud river to be a violation of customary rights and said the effects of this unilateral action by the Afghan side will not only affect the supply of drinking water and health of several million people, but also lead to widespread damage to the downstream environment.
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2024-12-30 14:16
Over 35,000 passenger cars imported in 9 months
TEHRAN - The head of the Islamic Republic of Iran Customs Administration (IRICA) said 35,127 passenger cars were imported into the country in the first nine months of the current Iranian calendar year (March 20-December 21).
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2024-12-30 13:39
Transit of goods via Iran to reach 20m tons by late March 2025
TEHRAN- The head of the International Affairs Center of the Ministry of Transport and Urban Development announced the achievement of the record of 20 million tons of transit via Iran by the end of this Iranian calendar year (March 20, 2025).
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2024-12-29 15:57
‘Detailed strategy, private sector’s contribution required in maritime-oriented economy’
TEHRAN- President Masoud Pezeshkian said that a detailed strategy and private sector’s contribution is necessary for transformation in the maritime-oriented economy.
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2024-12-29 14:56
Iran's non-oil exports rise 18% in 9 months on year
TEHRAN – Iran's non-oil exports rose 18 percent in the first nine months of the Iranian calendar year (March 21- November 21) to $43.14 billion, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2024-12-29 14:41
Solar panels distributed to nomads at 10% of cost
TEHRAN – Iran has launched a program to provide portable solar panels to all its nomadic households, requiring them to pay only 10 percent of the cost, a senior official from the Organization for Nomadic Affairs announced.
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2024-12-28 15:32
'Petchem industry plays a vital role in promoting Iran’s status in intl. economy'
TEHRAN- The head of Iran’s National Petrochemical Company (NPC) said the petrochemical industry plays a vital role in promoting Iran’s status in the international economy.
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2024-12-28 15:02
Iran produces over 28m tons of steel in 11 months: WSA
TEHRAN - Iran's crude steel production reached over 28 million tons in the first 11 months of 2024, registering a 0.5 percent increase compared to the same period last year, according to the latest report by the World Steel Association (WSA).
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2024-12-28 10:15
Iran exports non-oil goods worth $4.4b to Turkey in 8 months
TEHRAN – Iran exported non-oil commodities valued at $4.4 billion to Turkey during the first eight months of the current Iranian calendar year (March 20-November 20), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-12-27 15:10
Major infrastructure, energy projects inaugurated in Pezeshkian’s visit to North Khorasan
TEHRAN – During a two-day visit to North Khorasan Province, in the northeast of Iran, President Masoud Pezeshkian and senior cabinet members inaugurated several infrastructure, housing, and energy projects aimed at boosting development in the province.
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2024-12-27 14:53
Iran gains observer status in Eurasian Economic Union
TEHRAN - Iran's observer membership in the Eurasian Economic Union (EAEU) was formalized on Thursday, December 26, 2024, IRNA reported.
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2024/12/27
By Mahnaz Abdi
Iran exports non-oil goods worth $1.5b to Pakistan in 8 months
TEHRAN – Iran exported non-oil commodities valued at $1.5 billion to Pakistan during the first eight months of the current Iranian calendar year (March 20-November 20), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-12-25 15:12
‘Energy Ministry must prioritize domestic production in building renewable power plants’
TEHRAN - The head of the Semnan Chamber of Commerce has urged the government to ensure that in the construction of renewable power plants domestic production and using home-made equipment and parts be prioritized.
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2024-12-25 14:57
'Trade agreements to accelerate development of Iran’s export infrastructure'
TEHRAN - Deputy head of Iran’s Trade Promotion Organization (TPO) has highlighted the approval of the Iran-Eurasian Economic Union (EAEU) free trade agreement by the Iranian Parliament, describing trade agreements as a driving force for completing export infrastructure.
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2024-12-25 14:51
Iran to sign $6b contracts to boost gas recovery from South Pars
TEHRAN - Iran's oil minister announced plans to finalize $6.0 billion worth of contracts to boost pressure at the South Pars gas field, which is a top national priority.
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2024-12-24 16:50
Flare gas emissions at South Pars to be reduced to 3 mcm
TEHRAN - The South Pars Gas Complex, a series of refineries processing Iran's largest gas field, currently burns 7.8 million cubic meters of gas per day in its flare systems. However, by the end of 2025, the country plans to reduce this flare gas emission by nearly two-thirds, aiming for a target of three million cubic meters per day, according to the complex's Head Gholam-Abbas Hosseini.
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2024-12-24 16:48
Iran signs over $1.8b investment contracts with private sector for ports development
TEHRAN - Iran's Ministry of Transport and Urban Development, in collaboration with the Ports and Maritime Organization (PMO), has signed investment contracts and agreements totaling 933 trillion rials ($1.86 billion) with private sector entities to advance the country's port infrastructure and maritime services.
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2024-12-24 16:42
Iran to unveil its first AI-equipped oil well next year
TEHRAN- Iran’s vice president for science and technology said that the country will unveil its first oil well equipped with the artificial intelligence (AI) next year.
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2024-12-23 18:08
Tehran hosting intl. printing, packaging, related machinery exhibit
TEHRAN- The 31st International Printing, Packaging and Related Machinery Exhibition of Iran (IPP) kicked off at the Tehran Permanent International Fairgrounds on Monday.
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2024-12-23 17:40
Electricity generated by solar farms up 38% in a month on year
TEHRAN – Generation of electricity by solar farms in Iran increased by 38 percent during the ninth Iranian calendar month Azar (November 21 – December 20), as compared to the same period of time in the past year.
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2024-12-23 10:13
Iran exports non-oil goods worth $4.8b to UAE in 8 months
TEHRAN – Iran exported non-oil commodities valued at $4.8 billion to the United Arab Emirates (UAE) during the first eight months of the current Iranian calendar year (March 20-November 20), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-12-22 15:14
Iran’s exports to D-8 countries increase by 24%
TEHRAN - The value of Iranian exports to the Developing-8 (D-8), a group of eight developing Islamic nations, increased by over 24 percent in the first eight months of the current Iranian calendar year (March 20-November 20) compared to the same period last year, according to the Islamic Republic of Iran Customs Administration (IRICA).
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2024-12-22 14:22
Iran's daily diesel production reaches 125m liters
TEHRAN – The National Iranian Oil Refining and Distribution Company (NIORDC) has announced a 15-million-liter increase in the country's daily diesel (gasoil) production over the past four months, elevating output from 111 million liters to 125 million liters per day.
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2024-12-22 13:43
Private sector investment in Iran’s ports hits $4.4b
TEHRAN – The Ports and Maritime Organization (PMO) has announced that private sector investments in Iran's ports have reached 2.2 quadrillion rials (about $4.4 billion) through 362 active contracts as of December 2024.
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2024-12-21 16:55
Mining sector achieves $8.8b in exports over 8 months
TEHRAN – Iran's Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that the mining and mineral industries sector exported approximately $8.8 billion worth of products in the first eight months of the current Iranian year.
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2024-12-21 15:03
TCCIMA to host Eurasia trade exhibition, conference in Feb. 2025
TEHRAN - The Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA), in collaboration with the Trade Promotion Organization of Iran (TPO), will hold the third Eurasia Trade Exhibition and Conference from February 22 to 25, 2025, at Tehran Permanent International Fairgrounds.
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2024-12-21 14:49
Transit of goods via Iran’s ports rises 37%
TEHRAN- Transit of commodities through the ports of Iran has increased by 37 percent in the current Iranian calendar year (started on March 20), the head of the country’s Ports and Maritime Organization (PMO) announced.
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2024-12-20 13:58
Iran-Egypt trade surges 67% in 8 months amid growing economic ties
TEHRAN – Trade between Iran and Egypt reached $17.18 million in the first eight months of the current Iranian calendar year (March 20-November 20), marking a 67 percent increase compared to the same period last year, a trade official said on Thursday.