Archive - Tehran Times

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.

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.

2024-12-31 14:18

TCCIMA signs cooperation MOU with Iran-Russia Joint Chamber

TEHRAN - In a meeting at the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), aimed at fostering strategic collaboration to enhance private sector trade with Russia and addressing challenges faced by economic operators, a memorandum of understanding (MOU) was signed between the TCCIMA and the Iran-Russia Joint Chamber of Commerce.

2024-12-30 15:39

$10b to be invested for copper industry development

TEHRAN- The head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) referred to the investment of $10 billion for the development of the copper industry, and emphasized on the rapid implementation of the seven driving plans of the National Iranian Copper Industries Company (NICICO).

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.

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).

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).

2024-12-30 13:36

Iran imports non-oil goods worth $1.1b from Russia in 8 months

TEHRAN – Iran imported non-oil commodities valued at $1.1 billion from Russia 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.

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.

2024-12-29 15:06

Iran's exports to EU rise 6% despite overall trade decline

TEHRAN – Iran's exports to the European Union increased by six percent in the first ten months of 2024, despite a one percent drop in overall trade volume between the two sides, according to Eurostat data.

2024-12-29 15:02

‘CNG development could save 20m liters of gasoline annually’

TEHRAN – Expanding the use of compressed natural gas (CNG) in Iran could save 20 million liters of gasoline annually within three years, according to Ali Mahmoudian, head of the National Association of Alternative Fuels and Related Services.

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).

2024-12-29 14:50

Industry Ministry targets enhanced efficiency in steel industry through value chain development

TEHRAN – Iran's steel industry aims to boost efficiency and increase value-added production by completing and balancing the downstream value chain, according to a senior official at the Ministry of Industry, Mining, and Trade.

2024-12-29 14:45

Iran exports non-oil goods worth $1.6b to Afghanistan in 8 months

TEHRAN – Iran exported non-oil commodities valued at $1.6 billion to Afghanistan 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.

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.

2024-12-28 16:05

65,000 tons of cotton expected to be produced by late Mar. 2025

TEHRAN- The director of the cotton plan of the Ministry of Agriculture said: “Harvesting of cotton has started in the country since September and it is expected that we will produce 65,000 tons of cotton by the end of the current Iranian calendar year (March 20, 2025).”

2024-12-28 15:56

‘Smartening mining sector necessary to improve productivity’

TEHRA- The head of Iran's Mines and Mining Industries Development and Renovation Organization (IMIDRO) said smartening is the only solution to improve the productivity of mines and mining industries.

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.

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).

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.

2024-12-27 15:18

Over $700m in foreign investment approved

TEHRAN – Iran’s Foreign Investment Board has approved over $700 million in foreign investment during its latest session, marking a significant development under the 14th government.

2024-12-27 15:15

Subsidized foreign currency allocation for essential goods exceeds $11b

TEHRAN – The Central Bank of Iran (CBI) has allocated over $11 billion for the import of essential goods, medicines, and medical equipment at preferential exchange rates since the beginning of the current Iranian calendar year (March 20) through Thursday, December 26.

2024-12-27 15:13

Hossein Khanlari appointed head of Iran Air

TEHRAN - Hossein Khanlari has been appointed as the new head of Iran Air (Homa), the national airline of the Islamic Republic of Iran, following approval by the Cabinet on Wednesday, December 25.

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.

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.

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.

2024/12/25