Today News
  • Iran-Armenia 2025-08-19 16:03

    Iran, Armenia sign cooperation documents in different areas

    TEHRAN- President Masoud Pezeshkian of Iran, accompanied by a delegation of his cabinet members, visited Armenia to strengthen bilateral relations across transport, infrastructure, and trade sectors. During the visit, Pezeshkian met with top Armenian officials to discuss strategic cooperation, particularly in transit corridors, regional connectivity, and economic partnerships.

  • sponge iron 2025-08-19 15:12

    Sponge iron export up 30% in 4 months on year

    TEHRAN- Export of Iran’s sponge iron rose 30 percent during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, according to the Iranian Steel Producers Association (ISPA).

  • madanizadeh 2025-08-19 14:08

    Economy minister outlines new financing plans to curb inflation, support production

    TEHRAN – Iran’s Economy Minister said the government is preparing revisions to the 2025 budget law to reduce the deficit, expand supply chain financing, and steer large enterprises toward the capital market in a bid to ease inflationary pressures and boost liquidity for the private sector.

  • exhibit 2025-08-18 15:53

    Intl. building, construction industry exhibition opens in Tehran

    TEHRAN – Iran on Monday opened the 25th International Exhibition of Building and Construction Industry (Iran CONFAIR 2025), the country’s largest trade fair for the construction sector, with officials highlighting the industry’s export potential and central role in the economy.

  • pakistan 2025-08-18 15:38

    Tehran, Islamabad set $3b target for agricultural trade

    TEHRAN – Iran and Pakistan signed a joint statement pledging to expand cooperation in agriculture, trade and food security, with officials setting a goal to boost bilateral agricultural trade to $3.0 billion within two years.

  • turbine 2025-08-18 15:17

    Iran unveils 1st domestically built advanced class-F gas turbine

    TEHRAN – Iran on Monday unveiled its first domestically produced advanced class-F gas turbine, a milestone the government said will boost the country’s power generation capabilities.

  • hassanzadeh 2025-08-17 16:06

    ICCIMA head sees direct FATF talks as lifeline for business community

    TEHRAN – The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said the resumption of direct talks between Iran and the Financial Action Task Force (FATF) after six years offers a ray of hope for the country’s business community, stressing that economic diplomacy led by the private sector is the best path to navigate current challenges.

  • tax 2025-08-17 15:58

    Tax revenues rise 24% in 4 months year on year

    TEHRAN – Iran collected 3.96 quadrillion rials ($79.2 billion) in tax revenues during the first four months of the current fiscal year (March 21 – July 22), up 24.2 percent from the same period last year, according to official data.

  • Iran-Iraq trade 2025-08-17 15:57

    Non-oil export from Iran to Iraq stands at $3b in 4 months

    TEHRAN- Iran exported non-oil commodities valued at $3 billion to Iraq during the first four months of the current Iranian calendar year (March 21-July 22), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

  • investment 2025-08-16 13:35

    Domestic investment in Iran’s free zones rises 80% in 4 months on year

    TEHRAN – Domestic investment approved in Iran’s free trade zones surged 80 percent in the first four months of the current Iranian year (March 20 – July 22), reaching 2,095 trillion rials ($4.2 billion), according to the Free and Special Economic Zones High Council.

  • Iran-UAE trade 2025-08-16 13:34

    Iran exports non-oil products valued at $2.1b to UAE in 4 months

    TEHRAN- Iran exported non-oil commodities valued at $2.1 billion to the United Arab Emirates (UAE) during the first four months of the current Iranian calendar year (March 21-July 22), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

  • railway 2025-08-16 13:31

    Russia, Iran discuss Rasht-Astara railway as Moscow signals stance on 'Trump corridor'

    TEHRAN – Russian Deputy Prime Minister Alexey Overchuk said Moscow and Tehran discussed accelerating construction of the Rasht-Astara railway during a meeting between Prime Minister Mikhail Mishustin and Iran’s First Vice President Mohammad Reza Aref on the sidelines of the Eurasian Economic Union (EAEU) summit in Kyrgyzstan.

  • EAEU 2025-08-16 13:31

    Eurasian Economic Commission express readiness to expand trade with Iran

    TEHRAN – The Eurasian Economic Commission (EEC) expressed readiness to deepen trade ties with Iran during a meeting between its trade minister and Iran’s Minister of Industry, Mining and Trade Seyed Mohammad Atabak, on the sidelines of a summit of the Eurasian Economic Union (EAEU).

  • trade 2025-08-15 18:03

    Iran’s non-oil exports reach $16.5b in 4 months

    TEHRAN – Iran exported 48 million tons of non-oil goods worth $16.5 billion in the first four months of the current Iranian calendar year (March 21–July 22), down five percent from the same period last year, the head of the Islamic Republic of Iran Customs Administration (IRICA) said.

  • petchem 2025-08-15 15:08

    Iran to boost petrochemical capacity by 35m tons under 5-year plan

    TEHRAN – Iran plans to raise its nominal petrochemical production capacity by 35 million tons to 131.5 million tons a year by the end of its Seventh National Development Plan (2022- 2027) through 66 expansion projects, a senior official said, targeting an average annual growth of eight percent.

  • kenya 2025-08-15 15:06

    Tehran, Nairobi set $1b trade goal after joint committee meeting

    TEHRAN – Iran and Kenya signed eight cooperation agreements at the close of their seventh Joint Economic Committee meeting, setting a target to raise bilateral trade from the current $150 million to $1.0 billion in the near future.

  • kenya 2025-08-12 15:41

    Iran-Kenya 7th Joint Economic Committee meeting opened in Nairobi

    TEHRAN – Iran and Kenya have launched their seventh joint Economic Committee meeting in Nairobi aimed at deepening economic ties, with both sides setting a target to boost annual trade to $1.0 billion from the current $150 million, Iran’s agriculture minister said.

  • turkmenistan 2025-08-12 15:31

    Iran, Turkmenistan agree to build 2 new rail lines at Sarakhs border

    TEHRAN – Iran and Turkmenistan have agreed to construct two new railway lines at the Sarakhs border crossing to ease freight congestion and boost rail trade, the head of the Islamic Republic of Iran Railways said after meeting Turkmenistan’s railway minister.

  • solar 2025-08-12 15:08

    Solar power projects totaling 400MW capacity launched in 4 provinces

    TEHRAN – Iran has begun construction and opened operations for solar power projects totaling the capacity of nearly 400 megawatts across four provinces, the Energy Ministry said on Tuesday, coinciding with the country’s Small Industries Support Day.

  • tse 2025-08-11 13:43

    Foreign investors in Iran’s stock market rise to 5,100

    TEHRAN – The number of active foreign investors in Iran’s stock market reached 5,100 by the end of the fourth Iranian calendar month of Tir (July 22), up from 4,839 a year earlier, data from the Research, Development and Islamic Studies Department of the Securities and Exchange Organization (SEO) showed.

  • iccima 2025-08-11 13:22

    Business environment index shows improvement in spring: ICCIMA

    TEHRAN – Iran’s national business environment index improved marginally in the spring to 5.95 from 6.01 in the winter, on a scale where 10 is the worst score, the Iran Chamber of Commerce, Industries, Mines and Agriculture’s (ICCIMA) research center said.

  • steel 2025-08-11 13:22

    Iran’s iron, steel exports up 13% in 4 months on year

    TEHRAN – Iran’s iron and steel exports rose 13 percent in the first four months of the current Iranian year (starting March 21), equivalent to an additional 469,000 tons, the Iranian Steel Producers Association (ISPA) said.

  • kenya 2025-08-11 13:18

    Tehran, Nairobi to hold 7th joint economic committee meeting

    TEHRAN – Iran and Kenya will hold their seventh Joint Economic Committee meeting from Tuesday for two days in the Kenyan capital, chaired on the Iranian side by the agriculture minister.

  • export 2025-08-10 16:09

    UAE, Iran’s 3rd top non-oil export destination

    TEHRAN- The United Arab Emirates (UAE) was Iran’s third top non-oil export destination during the first four months of the current Iranian calendar year (March 21-July 22), the Islamic Republic of Iran Customs Administration (IRICA) reported.

  • polymer 2025-08-10 15:58

    Iran’s polymer production capacity hits 9m tons

    TEHRAN – Iran’s polymer production capacity has reached about 9 million tons per year, the managing director of the National Petrochemical Company (NPC) said on Sunday.

  • Iran Plast 2025 2025-08-10 15:56

    Iran Plast exhibit to drive downstream growth, non-oil exports: NPC head

    TEHRAN – The managing director of the National Petrochemical Company (NPC) said on Sunday that the International Exhibition of Plastic, Rubber, Machinery, and Equipment (IRAN PLAST) provides a platform for developing the domestic value chain and producing finished goods, which play a key role in increasing non-oil exports.

  • solar 2025-08-10 15:54

    Solar power output jumps 71% in 4 months: SATBA

    TEHRAN – Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) said on Saturday that electricity generation from solar power plants rose by 71 percent in the first four months of the Iranian year starting March 20, compared to the same period last year.

  • drilling rigs 2025-08-09 15:18

    Drilling technical services grows 17.5% in 4 months on year

    TEHRAN- The deputy managing director of the National Iranian Drilling Company (NIDC) for technical affairs announced that 2,326 specialized drilling operations were carried out for client companies in the first four months of the current Iranian calendar year (March 21-July 22), marking a 17.5-percent increase compared to the same period last year.

  • fatf 2025-08-09 15:18

    Iran resumes direct talks with FATF after 6-year hiatus

    TEHRAN – The Financial Intelligence Center said the Financial Action Task Force (FATF) has formally invited Iran to direct negotiations for the first time in six years, as the country moves to normalize its status with the global watchdog.

  • customs 2025-08-09 14:26

    Government aims to cut average customs clearance to 3 days

    TEHRAN – Iran plans to reduce the average time for customs clearance to three days through major reforms in the sector, the economy minister said.