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2025-06-09 14:00
7m smart meters to be installed across Iran by late March 2026
TEHRAN – Iranian Energy Ministry aims to install seven million smart electricity meters by the end of the current Iranian year (late March 2026), with the goal of reaching nine million units by the following fall, a senior official at the state-owned Power Generation, Transmission and Distribution Company (Tavanir) said.
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2025-06-08 14:13
Iran targets $893m savings through domestic production in mining sector
TEHRAN - Iran aims to save $893 million in foreign currency through the domestic production of equipment and components in its mining and mineral industries during the current Iranian year (ending March 2026), according to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
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2025-06-08 14:01
Iran offers to build 1m housing units in Kenya
TEHRAN - Iran has expressed readiness to help build one million social housing units in Kenya, according to the head of Iran’s Urban Regeneration Company during a meeting with Kenya’s Cabinet Secretary for Lands, Public Works, Housing, and Urban Development.
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2025-06-08 14:00
Iranian banks pay $152b in loans in a year: CBI
TEHRAN – Iranian banks disbursed 7.6 quadrillion rials (approximately $152 billion) in loans during the last Iranian year (ended late March), a senior official with the Central Bank of Iran (CBI) said, while criticizing the lack of a clear economic prioritization strategy to match the scale of financing with sustainable growth.
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2025-06-07 14:05
Over 1,200 government offices equipped with solar panels
TEHRAN - Iran has equipped 1,239 government offices with solar panels as part of a nationwide energy-saving initiative, an official from the state-run Power Generation, Distribution and Transmission Company (Tavanir) said.
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2025-06-07 14:04
Iran’s monthly GDP grows 0.9%, driven by non-oil sectors
TEHRAN - Iran’s economy grew by 0.9 percent in the first month of the current Iranian calendar year Farvardin (March 21 – April 21), according to a new report from the Iranian Parliament’s Research Center.
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2025-06-07 14:04
Iran seeks BRICS bank membership in talks with President Rousseff
TEHRAN - Iran’s central bank governor, Mohammad Reza Farzin, met with Dilma Rousseff, president of the BRICS New Development Bank (NDB), in Shanghai on the sidelines of the Shanghai Cooperation Organization (SCO)'s finance summit, reaffirming Tehran’s intention to join the multilateral lender.
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2025-06-06 15:21
Iran’s Mazandaran province opens trade center in Tashkent
TEHRAN- Iran’s northern Mazandaran province opened a trade center in Uzbekistan’s capital city Tashkent.
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2025-06-06 14:51
Iran shares urban regeneration strategies with Malaysia
TEHRAN – Iran has shared its urban regeneration initiatives with Malaysia’s Minister of Housing and Local Government during the second session of the United Nations Habitat Assembly, attended by high-level representatives from across the globe.
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2025-06-06 14:47
Iran hails SCO co-op bank proposal as key step toward de-dollarization
TEHRAN – Iran’s ambassador to Russia said the country’s proposal to establish a joint bank for Shanghai Cooperation Organization (SCO) members marks a significant step toward de-dollarization and a shift toward a multipolar world order.
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2025-06-05 09:54
Iran, Germany discuss ways to expand trade ties
TEHRAN- During a meeting between the head of Iran Chamber of Commerce, Industry, Mines and Agriculture (ICCIMA) and the German ambassador to Iran, the two sides explored the ways for the expansion of trade relations between the two countries.
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2025-06-04 05:09
Iran, Uzbekistan sign MOU on transit co-op expansion
TEHRAN- Iran and Uzbekistan signed a memorandum of understanding (MOU) on the expansion of transit cooperation.
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2025-06-02 15:39
Iran’s non-oil exports reach $8.2b in 2 months
TEHRAN – Iran exported 24.6 million tons of non-oil goods worth $8.24 billion in the first two months of the current Iranian calendar year (March 21–May 21), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
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2025-06-02 15:34
Tehran signals readiness to boost role in regional transport development
TEHRAN – Iran is fully prepared to play an active and constructive role in the development of regional transport and logistics, Iranian Minister of Transport and Urban Development Farzaneh Sadegh said at the 13th Meeting of ECO Transport Ministers held in Tehran on Sunday.
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2025-06-02 15:32
Iran launches trade policy council for Iraq as private sector eyes major investments
TEHRAN – Iran's private sector is ready to boost its investment presence in Iraq, senior officials from the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said during a joint meeting with Iraq’s ambassador to Tehran.
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2025-06-02 15:28
By Mahnaz Abdi
Press conference held on Iran's 1st intl. blockchain conference
TEHRAN- In a press conference held at Atana Hotel in Tehran on Sunday, the details and goals of Iran's first international blockchain conference, titled deBlock 2025, were clarified.
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2025-06-01 15:01
Seyed Ali Madanizadeh proposed as new economy minister
TEHRAN- Spokesman for Majlis (the Iranian Parliament)'s presiding board announced the government's introduction of the proposed economy minister to this board on Sunday.
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2025-06-01 13:44
Iranian, Japanese private sector officials discuss boosting economic ties
TEHRAN - Makhmoud Najafi-Arab, Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) met with Maekawa Nobutaka, Executive Vice President of the Japan External Trade Organization (JETRO), to explore avenues for strengthening trade and economic relations between Iran and Japan, with a focus on the private sector.
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2025-06-01 13:43
Tehran hosting 13th ECO transport ministers meeting
TEHRAN - The 13th meeting of transport officials from member states of the Economic Cooperation Organization (ECO) kicked off on Sunday in Tehran, chaired by the Minister of Transport and Urban Development.
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2025-06-01 13:43
Power generation capacity nears 95,000 MW in Iran
TEHRAN - Iran's nominal electricity generation capacity reached 94,649 megawatts by the end of the first months of the current Iranian calendar year (late April 2025), nearing the 95,000-megawatt threshold, according to official figures.
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2025-05-31 14:46
Government rapidly pursuing solar panels installation in organizations
TEHRAN- The government is rapidly pursuing the installation of solar panels in the organizations and executive agencies, especially in Tehran, the vice president announced.
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2025-05-31 13:25
Car manufacturing up 3.6% in 2 months on year
TEHRAN – Manufacturing of vehicles in Iran increased by 3.6 percent in the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year, according to data published on the Codal system.
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2025-05-31 12:30
Iran, Tajikistan sign railway transit deal, launch new chapter in bilateral co-op
TEHRAN - Iran and Tajikistan have signed a memorandum of understanding to enhance bilateral rail transport, enabling the use of Iranian freight wagons on Tajikistan's railway network, Iran’s railway authority announced.
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2025-05-30 16:02
Japan interested in expanding maritime economic co-op with Iran, says envoy
TEHRAN - Japan is interested in enhancing bilateral cooperation with Iran, particularly in maritime-based economic development, Tokyo’s ambassador to Tehran said during a meeting with senior Iranian officials.
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2025-05-30 15:58
Over 700 firms join Iran’s 20th auto parts expo as industry pushes regional supply chain links
TEHRAN - More than 700 domestic and international companies from eight countries—including China, Turkey, Germany, Switzerland, India, Japan, South Korea and the United Arab Emirates—are showcasing their latest technologies and products at the 20th Iran International Auto Parts Exhibition, which runs through June 1 at Tehran’s permanent international fairgrounds.
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2025-05-30 15:55
Iran, China sign MOU on water management, agriculture, environment
TEHRAN - Iran and China have signed a tripartite memorandum of understanding to boost cooperation in water resource management, agriculture, and environmental protection, according to Iran’s Planning and Budget Organization (PBO).
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2025-05-30 15:45
‘FATF expected to take confidence-building steps about Iran’
TEHRAN- Iranian deputy minister of finance and economic affairs said that FATF is expected to take confidence-building steps in reply to Iran's set of measures in the field of combating money laundering and terrorism financing, including the ratification of the Palermo Convention.
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2025-05-28 16:44
Trade between Iran, Oman can reach $20b-$30b: Pezeshkian
TEHRAN- Iranian President Masoud Pezeshkian said that the value of trade between Iran and Oman can reach $20 billion-$30 billion.
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2025-05-28 15:50
Iran, Turkey customs authorities sign cooperation agreement
TEHRAN – The customs chiefs of Iran and Turkey signed a bilateral cooperation agreement during a meeting in which both sides expressed determination to boost trade ties.
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2025-05-28 15:33
Iran's trade with ECO member states hits $27.6b in a year
TEHRAN – Iran’s trade with member states of the Economic Cooperation Organization (ECO) reached 36.2 million tons worth $27.6 billion in the Iranian calendar year 1403 (ended March 19, 2025), according to the Islamic Republic of Iran Customs Administration (IRICA).