Today News
  • hemmati 2024-12-20 13:54

    Iran's finance minister meets D-8 secretary-general to discuss trade, investment

    TEHRAN – Iran's Minister of Finance and Economic Affairs Abdolnaser Hemmati met with Secretary-general of the D-8 Organization for Economic Cooperation Isiaka Abdulqadir Imam on Thursday to discuss boosting trade and investment among the eight developing Islamic nations.

  • china 2024-12-20 13:52

    China ready to invest in combined-cycle power plants in Iran’s Khuzestan

    TEHRAN – Chinese investors are prepared to fund the construction of combined-cycle power plants in Iran’s energy-rich Khuzestan province to help address the country’s energy imbalance and boost regional economic development, a Shanghai Cooperation Organization (SCO) representative said on Thursday.

  • maritime 2024-12-18 14:32

    Iran among top 5 countries with largest maritime fleets

    TEHRAN – The Islamic Republic of Iran is among the world's top five countries possessing the largest maritime fleets, according to the head of the Ports and Maritime Organization (PMO).

  • unit 2024/12/18

    By Ebrahim Fallahi

    Iran’s Energy Imbalance: challenges and solutions

    TEHRAN – Iran is tackling with significant energy imbalances as cold weather drives up demand, exacerbating fuel shortages and straining the country’s power plants. The government has responded with systematic power outages across several provinces, highlighting deep-rooted challenges in the country’s energy infrastructure.

  • iran-china 2024-12-18 14:13

    Iran, China sign cooperation MOU on sidelines of Indian Ocean forum

    TEHRAN – Iran and China have signed a memorandum of understanding (MOU) for development cooperation on the sidelines of the Indian Ocean Rim Development Cooperation Forum, IRNA reported.

  • top companies 2024-12-17 15:31

    Iran highlights youth empowerment, innovation at annual industry festival

    TEHRAN – Iran's 18th Festival of Young Producers and Managers, alongside the 16th event honoring prominent figures in industry, mining, and trade, was held in Tehran.

  • nioc 2024-12-17 15:22

    Tehran denies reports of decline in crude oil exports

    TEHRAN – The head of National Iranian Oil Company (NIOC) has dismissed reports circulating on social media claiming a decline in the country's crude oil exports as "false and baseless."

  • Iran-China trade 2024-12-17 15:08

    Iran-China non-oil trade stands at $21.4b in 8 months

    TEHRAN – The value of non-oil trade between Iran and China stood at $21.4 billion in 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.

  • aluminum ingot 2024-12-16 16:14

    By Mahnaz Abdi

    Aluminum ingot output exceeds 400,000 tons in 8 months

    TEHRAN - Production of aluminum ingot in Iran reached 400,425 tons in the first eight months of the current Iranian calendar year (March 20-November 20), according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

  • dehghani 2024-12-16 14:49

    Iran achieves record gas output at South Pars

    TEHRAN – Iran has set a new record for natural gas production at the South Pars field, reaching 712 million cubic meters per day, according to the head of Pars Oil and Gas Company (POGC), which is in charge of the giant field development.

  • masrour 2024-12-16 14:30

    Capacity of Iran's free trade zones reaches 1.4m TEUs

    TEHRAN – Iran's free trade zones collectively offer a bulk capacity of 61 million tons and 1.4 million TEUs, with the ability to handle 12 million passengers annually, the secretary of Free Zones High Council reported during a meeting with President Masoud Pezeshkian.

  • South Pars 2024-12-15 15:43

    SP refineries supply 585 mcm/d of gas into national grid

    TEHRAN – Iran’s South Pars Gas Complex refineries are operating at full capacity to ensure stable gas production during winter, delivering 585 million cubic meters per day (mcm/d) of gas to the national network, a senior official said on Saturday.

  • SATBA 2024-12-15 13:31

    SATBA seeking investors to develop renewable power plants

    TEHRAN – Iran's Renewable Energy and Energy Efficiency Organization (SATBA) has invited investors to participate in the construction of renewable energy power plants as part of short- and medium-term plans to address the country’s electricity imbalance.

  • IMIDRO 2024-12-15 13:19

    IMIDRO’s projects to create 3,100 direct jobs in Iran

    TEHRAN – Iran’s state-owned mining development organization IMIDRO announced that its upcoming mineral and mining industrial projects will create over 3,100 direct jobs across the country, IRNA reported.

  • appliance 2024-12-14 15:00

    Home appliance production sees 20% growth in 8 months yr/yr

    Tehran – The Secretary-General of the National Association of Household Appliance Manufacturers of Iran announced a 20 percent growth in household appliance production during the first eight months of the current Iranian calendar year (March 20-November 21) compared to the same period last year.

  • marketing 2024-12-14 14:54

    Tehran hosting intl. branding, marketing exhibition

    TEHRAN – The 20th edition of Iran’s International Exhibition of Advertising, Branding, Marketing, Export Chain and Related Industries kicked off at the Tehran International Permanent Fairgrounds on Friday, IRNA reported.

  • Andrey Slepnev 2024-12-14 14:54

    'Trade with Iran, a key priority for EAEU'

    TEHRAN – The Eurasian Economic Union (EAEU) Minister of Trade Andrey Slepnev underscored the importance of the free trade agreement with Iran, citing the country's strategic position as a primary partner on the EAEU's southern borders and a key player in the International North-South Transport Corridor (INST).

  • turkey 2024-12-13 13:25

    Tehran, Ankara urged to establish preferential trade agreement

    TEHRAN - Iran’s Minister of Industry, Mining, and Trade Mohammad Atabak has emphasized that enhancing trade between Iran and Turkey requires the establishment of a preferential trade agreement and the removal of tariff restrictions.

  • oil 2024-12-13 13:24

    Iran's oil output rises by 37,000 bpd in November: OPEC

    TEHRAN - Iran's oil production increased by 37,000 barrels per day (bpd) in November compared to the previous month, according to the latest report from the Organization of the Petroleum Exporting Countries (OPEC).

  • qatar 2024-12-13 13:24

    Iran, Qatar sign comprehensive co-op agreement at joint economic committee

    TEHRAN - The 10th Iran-Qatar Joint Economic Committee meeting concluded on Thursday, December 12, in Doha, with officials from both nations pledging to enhance bilateral economic ties and increase trade to $1.0 billion annually.

  • paknejad 2024-12-11 13:12

    Paknejad elected OPEC president for 2025

    TEHRAN – Iranian Oil Minister Mohsen Paknejad has been elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025.

  • serbia 2024-12-11 13:11

    Tehran, Belgrade emphasize boosting economic cooperation

    TEHRAN – Iran and Serbia reaffirmed their commitment to strengthening economic cooperation during a meeting between Serbia’s ambassador and Iran’s minister of finance and economic affairs.

  • masrour 2024-12-11 13:11

    Iran, Kyrgyzstan agree on joint Eurasian logistics hub at southern ports

    TEHRAN - A high-ranking economic delegation from Kyrgyzstan, led by Deputy Foreign Minister Temirbek Erkinov, met with Ali Akbar Safaei, Iran's Deputy Minister of Transport and Urban Development and head of the Ports and Maritime Organization (PMO), to discuss establishing a joint Eurasian logistics hub in Iran’s southern ports.

  • maritime 2024-12-10 14:14

    Knowledge-based firms manufacture 768 marine, port, telecom components

    TEHRAN – Iranian knowledge-based private firms have produced 768 marine, port, and telecommunication-electronic components, showcasing the growing trust of the Ports and Maritime Organization (PMO) in domestic expertise and innovation, a senior official said.

  • paknejad 2024-12-10 14:10

    Oil Ministry to sign gas output expansion contracts by year-end

    TEHRAN – Iran will soon sign contracts to increase gas production capacity before the end of the current Iranian calendar year (late March 2025), Oil Minister Mohsen Paknejad stated.

  • fruit 2024-12-10 14:06

    Kyrgyzstan doubles fruit imports from Iran amid strengthening trade relations

    TEHRAN – Kyrgyzstan has significantly increased its imports of fresh fruits from Iran during the first nine months of 2024, marking a doubling of trade volumes compared to the same period last year. According to a report by Kyrgyzstan's National Statistical Committee (NSC), the country imported 2,200 tons of Iranian fruits valued at $1.5 million, up from 1,200 tons worth $746,000 during the corresponding period in 2023.

  • vietnam 2024-12-10 14:00

    Iran, Vietnam agree on trade delegation exchanges

    TEHRAN – Iran and Vietnam have agreed to exchange trade delegations to boost economic cooperation following a visit of an Iranian private sector delegation to Vietnam.

  • uzbekistan 2024-12-09 14:55

    Iran ready to share agricultural technology with Uzbekistan: minister

    TEHRAN - Iranian Minister of Agriculture Gholamreza Nouri Ghezeljeh has stated that the Islamic Republic of Iran is prepared to enhance cooperation with Uzbekistan in sharing agricultural experiences and technology.

  • russia 2024-12-09 14:54

    Iran, Russia launch new transport projects to boost trade

    TEHRAN – Iran and Russia have initiated the implementation of two major transit-logistics projects aimed at enhancing trade routes and reducing cargo transport times. The projects include the Ulyanovsk-Astara rail corridor and the Volga-Caspian Sea river route, which are expected to cut delivery times from 21 days to seven.

  • trade center 2024-12-09 14:53

    Iran to open trade center in Belarus

    TEHRAN - The Director General of the Central Asia, Caucasus, and Russia Department of the Trade Promotion Organization of Iran announced the opening of a trade center in Belarus during an upcoming visit by Minister of Industry, Mine, and Trade to the Eurasian country.