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2024-11-25 13:20
Iran-Turkey Joint Economic Committee to hold meeting in early Dec.
TEHRAN – Iran’s capital Tehran is going to host the next meeting of the Iran-Turkey Joint Economic Committee on December 9, an official with the Iranian Foreign Ministry said.
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2024-11-25 13:18
Digital Rial to be launched soon: CBI
TEHRAN - The Central Bank of Iran (CBI) intends to launch its digital currency, the Digital Rial, in the near future as part of a larger effort to modernize the country's banking system and improve international financial cooperation.
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2024-11-25 13:16
Iran, Belarus discuss closer cooperation in mining sector
TEHRAN - Deputy Head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammad Reza Bahraman has stated that Iran and Belarus have significant potential for collaboration in supplying mining machinery.
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2024-11-24 14:00
Iran stresses expansion of trade ties with Africa
TEHRAN – The head of Iran’s Trade Promotion Organization (TPO) has stressed the need for finding new and innovative ways to increase the share of the Islamic Republic in the African markets, IRNA reported.
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2024-11-24 13:51
“Iranian mining sector needs €55b in foreign investment in five years”
TEHRAN – The Deputy Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammadreza Bahraman has stated that Iran’s mining sector requires €55 billion in foreign investment over five years.
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2024-11-24 13:30
Iran intensifies efforts on South Pars pressure boosting project
TEHRAN - Iran's Oil Minister has underlined "pressure boosting" in the South Pars gas field as one of the National Iranian Oil Company's (NIOC) top priorities, pledging significant progress by the end of the current Iranian calendar year (late March 2025).
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2024-11-23 13:58
‘Iran can become transit corridor for transferring Japanese products’
TEHRAN - Iran’s transit corridor which is a regional hub can play a significant role in transporting Japanese products in the region, Iranian Agriculture Minister Gholamreza Nouri Ghezeljeh said in a meeting with Japanese Ambassador to Iran Tamaki Tsukada.
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2024-11-23 12:47
Iran among world’s top 4 aircraft refueler builders
TEHRAN - Iran is among the world's top four countries in producing aircraft refuelers, an official familiar with the matter told IRIB.
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2024-11-23 11:18
Over 800 companies partaking in Iran’s intl. metallurgy expo
TEHRAN - Tehran Permanent International Fairgrounds is hosting the 21st edition of Iran’s international exhibition of metallurgy, dubbed IRAN METAFO, during November 23-26, IRIB reported.
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2024-11-22 15:20
Iran calls for forming joint business council with Kazakhstan
TEHRAN – The head of Iran’s Trade Promotion Organization (TPO) has highlighted the need to establish a joint business council with Kazakhstan, the TPO portal reported.
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2024-11-22 15:17
Exports from mining sector exceeds $7.5b in 7 months
TEHRAN - Exports from Iran’s mining sector reached $7.537 billion in the first seven months of the current Iranian calendar year (March 21 to October 22, 2024), up one percent from the same period last year.
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2024-11-22 15:12
Iran's oil output rises 60,000 bpd
TEHRAN - The head of the National Iranian Oil Company (NIOC) has said that the country's daily oil production volume has increased by 60,000 barrels.
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2024-11-20 15:11
Iran, Russia determined to develop ties at maximum level: VP
TEHRAN - Iranian Vice President Mohammad-Reza Aref has announced Tehran and Moscow's strong determination to strengthen bilateral relations to the maximum level, Shana reported.
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2024-11-20 15:02
Iran eyes connecting its railway with China through Afghanistan
TEHRAN – The head of the Islamic Republic of Iran Railways (RAI), in a meeting with the head of Afghanistan Railway, said the country is eyeing to connect its railway network to China via Afghanistan, the portal of Iran’s Transport Ministry reported.
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2024-11-20 14:59
Reaching PTA, a prerequisite for boosting Iran-Tajikistan trade
TEHRAN - Iran and Tajikistan have emphasized the need to expedite a preferential trade agreement (PTA) and completely eliminate visa requirements to boost bilateral economic relations, the portal of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) reported.
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2024-11-19 13:24
Iran-Venezuela Joint Economic Committee meeting kicks off in Caracas
TEHRAN - The 10th meeting of the Iran-Venezuela Joint Economic Committee opened in Caracas on Monday with representatives of dozens of public and private companies and institutions, along with government officials from both countries in attendance.
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2024-11-19 13:03
Horticulture exports bring Iran $3b of revenue annually
TEHRAN – Iran’s Deputy Agriculture Minister for Horticulture Affairs says horticultural products account for about 50 percent of the country’s annual agricultural exports and Iran exports about $3.0 billion of such products every year.
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2024-11-19 13:01
TPO holds meeting to review preparations for 3rd EAEU expo in Tehran
TEHRAN – Iran’s Trade Promotion Organization (TPO) held a meeting at the Tehran Permanent International Fairgrounds on Monday to review the preparations for holding the third Exclusive Exhibition of Eurasia in Iran which is scheduled to be held from February 21 to 24.
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2024-11-18 14:58
IOTC improving oil terminal infrastructure in Kharg Island
TEHRAN – The head of Iranian Oil Terminals Company (IOTC) said his company is implementing new projects to improve oil export infrastructure at Kharg Island, IRNA reported.
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2024-11-18 14:48
ICCIMA, TSE hold meeting to discuss ways of economic development
TEHRAN – The heads of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and the Securities and Exchange Organization (SEO) met on Sunday to discuss avenues of cooperation and ways to facilitate economic development.
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2024-11-18 14:15
Water storage in Iranian dams rises 13%
TEHRAN – Over 22.64 million cubic meters of water is stored behind the dams across Iran since the beginning of the current water year (late September) up to November 16, registering an increase of 13 percent year on year.
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2024-11-18 14:13
Iran-Russia non-oil trade stands at $1.5b in 7 months
TEHRAN- The value of non-oil trade between Iran and Russia stood at $1.5 billion in the first seven months of the current Iranian calendar year (March 20-October 21), the former head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-11-17 17:01
Pezeshkian emphasizes prioritizing maritime-oriented economy in development plans
TEHRAN – President Masoud Pezeshkian referred to the government's prioritization of the maritime-oriented economy and the importance of the prosperity of this sector on the country's growth, development and prosperity, and stated that the government is determined to implement maritime-oriented development plans.
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2024-11-17 11:59
Over 10m tons of goods transported via roads in 7 months
TEHRAN – The acting head of Iran Road Maintenance and Transportation Organization (IRMTO) says 10.82 million tons of goods have been transported via roads in border regions into the country in the first seven months of the current Iranian year (March 20-October 21).
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2024-11-17 11:56
200,000m of mining exploratory excavation conducted since March
TEHRAN— The head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said 200,000 meters of exploratory excavation have been conducted in the country’s promising mineral zones since the beginning of the current Iranian calendar year (late March), IRIB reported.
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2024-11-17 10:51
Iran exports non-oil goods worth $1.2b to Pakistan in 7 months
TEHRAN- Iran has exported non-oil commodities valued at $1.2 billion to Pakistan in the first seven months of the current Iranian calendar year (March 20-October 21), the former head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-11-16 15:53
Iran, Uzbekistan discuss expansion of railway co-op
TEHRAN - The head of the Islamic Republic of Iran Railways (RAI) has announced Iran's readiness to transport 10 to 15 million tons of rail freight annually from Sarakhs, Incheh Borun, Amir-Abad, Caspian and Astara crossings.
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2024-11-16 15:53
Iran’s monthly non-oil exports rise over 62%
TEHRAN - The value of Iran’s non-oil exports increased by 62.6 percent in the seventh Iranian calendar month of Mehr (September 22-October 21), according to the spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade.
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2024-11-16 15:53
SP refineries supplying 613 mcm/d of gas to national network
TEHRAN - Head of South Pars Gas Complex (SPGC) Gholam-Abbas Hosseini says South Pars refineries are currently supplying 613 million cubic meters per day (mcm/d) of natural gas to the country’s national network.
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2024-11-15 11:22
Bank loans to knowledge-based firms increase 47.7%
TEHRAN- The Iranian banking system paid 1.891 quadrillion rials (about $3.152 billion) of facilities to knowledge-based companies in the first seven months of the current Iranian calendar year (March 20-October 21), to register a 47.7 percent rise compared to the same period in the previous year.