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2024-10-23 13:57
Chabahar Port’s container capacity to reach 100,000 TEUs
TEHRAN – According to a report by the Islamic republic of Iran Shipping Lines (IRISL), Six cranes in Iran’s southeastern Chabahar Port have been equipped with container unloading and loading tools, so the container operation capacity of the port has reached 100,000 TEUs.
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2024-10-23 13:04
Cellphones imports drop 9% in 7 months yr/yr
TEHRAN – Based on the latest data released by the Islamic Republic of Iran Customs Administration (IRICA), some 6,720,659 cellphone handsets, valued at $1.497 billion, were imported into the country in the first seven months of the current Iranian calendar year (March 20–October 21).
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2024-10-23 12:30
IMF revises up its 2024 economic growth forecast for Iran
TEHRAN - The International Monetary Fund (IMF) has raised its economic growth forecast for Iran in 2024 amid signs the country is becoming increasingly immune to the economic impacts of U.S. sanctions.
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2024-10-22 16:26
Pezeshkian submits $98.5b budget bill to Majlis
TEHRAN – President Masoud Pezeshkian submitted the national budget bill for the next Iranian calendar year (March 2025-March 2026) to the Majlis (parliament) on Tuesday.
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2024-10-22 15:15
Russia, Iran almost completely shift to national currencies: Kremlin
TEHRAN – Iran and Russia have been using national currencies in more than 96 percent of their mutual payments, the Kremlin’s press service said on the verge of the meeting between presidents of the two countries to be held on the sidelines of the BRICS Summit in Kazan.
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2024-10-22 14:41
RAI plans to boost railway efficiency by 20%
TEHRAN - The head of the Islamic Republic of Iran Railways (known as RAI) has announced that the company is taking new measures to boost the efficiency of the country’s railway industry by 20 percent during the second half of the current Iranian calendar year (September 22, 2024-March 20, 2025).
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2024-10-21 14:48
Iran’s railway welcomes transport co-op with TRACECA members
TEHRAN – The head of the Islamic Republic of Iran Railways (IRIR), known as RAI, said his country welcomes cooperation with the TRACECA member countries in the field of transportation.
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2024-10-21 13:19
Loading, unloading of goods in Imam Khomeini port up 10.5% in H1
TEHRAN – As announced by a provincial official, the loading and unloading of goods in Imam Khomeini port, in the southwestern Khuzestan province, increased by 10.5 percent during the first half of the current Iranian calendar year (March 20-September 21), as compared to the first half of the past year.
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2024-10-21 13:13
Foreign investment approved in 3 months hits $1.8b
TEHRAN- According to the Iranian Finance and Foreign Affairs Ministry, during three months since the 14th government’s incumbency, 182 applications related to foreign investment have been reviewed and approved by the Foreign Investment Committee, and the value of the approved foreign investment plans in this three-month period has reached $1.8 billion.
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2024-10-20 14:01
Container operation rises 5% in Iran’s ports in H1
TEHRAN- Based on the data released by Iranian Transport and Urban Development Ministry, the container operation has increased five percent in the ports of country during the first half of the current Iranian calendar year (March 20-September 21), as compared to the same period of time in the past year.
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2024-10-20 13:54
Iran, China stress promoting trade ties, exchanging business delegations
TEHRAN – In a meeting between the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Mahmoud Najafi-Arab and Cong Peiwu, the ambassador of the People's Republic of China in Iran, the two sides stressed promoting trade ties and the exchange of business delegations between the two countries.
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2024-10-20 13:52
Iran, Iraq to build border terminal along Shalamcheh-Basra railway
TEHRAN - Iran and Iraq railway officials, during a field visit to the Shalamcheh-Basra railway, met and held talks at Iran’s Arvand Free Zone and agreed on building Shalamcheh border terminal along the Shalamcheh-Basra railway.
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2024-10-20 11:51
‘Iran ready to host TRACECA ministerial meeting’
TEHRAN – Iranian Transport and Urban Development Minister Farzaneh Sadegh has expressed Iran’s readiness for hosting the upcoming meeting of the TRACECA ministers which is due to be held in February 2025.
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2024-10-19 15:42
Iran, Tanzania to expand co-op in agriculture, petrochemicals, tourism
TEHRAN – Iranian Agriculture Minister Gholamreza Nouri Ghezelcheh announced about the expansion of cooperation between Iran and Tanzania in the fields of agriculture, petrochemicals and tourism.
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2024-10-19 13:23
Iran’s energy minister to attend Belt and Road Energy Ministerial Conference in China
TEHRAN – Iranian Energy Minister Abbas Aliabadi is going to visit China to attend the third Belt and Road Energy Ministerial Conference in Qingdao, East China's Shandong Province which is due to be held during October 23-24.
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2024-10-19 12:18
Industry Ministry prioritizes comprehensive development plan for mining sector
TEHRAN – Iran’s Deputy Industry, Mining and Trade Minister Vajihollah Jafari has said implementing a comprehensive plan for developing the country’s mines is a priority of the ministry to achieve the goals set for the mining sector in the seventh National Development Plan (2022-2027).
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2024-10-18 14:16
Tehran, Moscow discuss ways of realizing oil, gas agreements
TEHRAN - Iran's Ambassador to Russia Kazem Jalali, in a meeting with the Russian Deputy Energy Minister Pavel Sorokin, discussed and exchanged opinions about cooperation in various sectors, including the ways for implementing oil and gas agreements reached between the two countries.
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2024-10-18 14:12
Plans underway to boost Iran’s gasoline output to 129m liters per day
TEHRAN - Iran's Deputy Oil Minister and Head of National Iranian Oil Products Distribution Company (NIOPDC) Mohammad-Sadegh Azimifar says the work is underway to increase Iran's gasoline production to 129 million liters per day by the end of the country’s seventh National Development Plan (2027), Shana reported.
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2024-10-18 14:05
Iranian, Pakistani ministers discuss bilateral trade ties
TEHRAN - Iranian Minister of Industry, Mining and Trade Mohammad Atabak and Pakistan’s Federal Minister for Commerce Jam Kamal Khan have discussed trade ties between the two countries, with both agreeing that economic exchanges should be promoted further.
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2024-10-16 14:12
Small-scale power plants with capacity of 127MW come on stream since late Mar.
TEHRAN – Several small-scale power plants with a total capacity of 127 megawatts (MW) have come on stream across Iran since the beginning of the current Iranian calendar year (March 20), an official with the country’s Power Generation, Distribution and Transmission Company (TAVANIR) said.
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2024-10-16 13:47
Iran determined to boost trade, energy co-op with Azerbaijan
TEHRAN - Iran's Oil Minister Mohsen Paknejad, in a meeting with the visiting Azerbaijani Deputy Prime Minister Shahin Mustafayev, called for the formation of a joint working group in order to pursue and accelerate bilateral cooperation, especially in the field of energy.
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2024-10-16 13:34
ICCIMA seeking expansion of international cooperation
TEHRAN - During the World Chambers Federation's first Europe and Asia Regional Summit in Turkey, the head and board members of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) explored ways for boosting international cooperation.
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2024-10-15 12:13
Iran, Azerbaijan discuss expansion of energy, transit ties
TEHRAN – Iranian Energy Minister Abbas Aliabadi has called for increasing electricity exchange with neighboring countries in a meeting with Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev in Tehran, IRNA reported on Monday.
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2024-10-15 12:13
Iran’s oil output rises in September despite decline in OPEC production: report
TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report, published on Monday, has said Iran produced 3.316 million barrels per day (bpd) of crude oil in September, registering a 21,000-bpd increase compared to the previous month.
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2024-10-15 11:41
Iranian finance minister underlines implementing MOUs with China
TEHRAN - Iran’s Finance and Economic Affairs Minister Abdolnaser Hemmati has emphasized the importance of implementing the memorandums of understanding (MOUs) signed between Iran and China.
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2024-10-14 13:04
Iran plans to become a member of BRICS Development Bank
TEHRAN – The governor of the Central Bank of Iran (CBI) has said Iran is going to become a member of the New Development Bank, formerly referred to as the BRICS Development Bank, IRIB reported.
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2024-10-14 13:04
Thermal power plants’ output breaks new record in H1
TEHRAN - Iran’s thermal power plants generated over 193 million megawatt-hours (MWh) of electricity in the first six months of the current Iranian calendar year (March 20-September 21), registering a new record high.
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2024-10-14 13:04
Tehran hosting energy efficiency exhibition, conference
TEHRAN - The 3rd Iran Energy Efficiency Conference and Exhibition (IREEC 2024) kicked off at Milad Tower Conference Center on Monday.
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2024-10-13 12:40
New passenger rail service to connect Tehran to Turkey’s Van
TEHRAN – Newly appointed head of the Islamic Republic of Iran Railway (known as RAI) has said a new passenger rail line is going to be launched between Iran’s capital Tehran and Turkey’s eastern city of Van.
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2024-10-13 12:23
Renewables prevent emission of 12.8m tons of GHG in H1
TEHRAN – Generating electricity from renewable sources prevented the emission of 12.8 million tons of Green House Gases (GHG) in Iran during the first half of the current Iranian calendar year (March 20-September 21), according to the Iranian Energy Ministry.