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2025-03-26 02:19
Iran exports non-oil goods worth $11.2b to Iraq in 11 months
TEHRAN- Iran exported non-oil commodities valued at $11.2 billion to Iraq during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-26 02:19
Iran, Russia being prepared for Joint Economic Committee meeting
TEHRAN- Russian Energy Minister Sergey Yevgenyevich Tsivilyov visited Iran’s Embassy in Moscow to meet with Iranian Ambassador to Russia Kazem Jalali. The meeting resulted in an agreement to hold the 18th meeting of the two countries’ Joint Economic Committee during April 22-24.
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2025-03-25 19:48
TEDPIX gains 28,700 points in first day of new year
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 28,700 points to 2,740,715 on Tuesday, the first working day in the new Iranian calendar year, which began on March 21.
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2025-03-25 19:37
Iran-China non-oil trade stands at $30.4b in 11 months
TEHRAN - The value of non-oil trade between Iran and China stood at $30.4 billion during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-25 19:17
NPC should strengthen its share in export markets: managing director
TEHRAN – The managing director of Iran’s National Petrochemical Company (NPC) said that the company should strengthen its share in the export markets through precise planning.
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2025-03-24 03:41
PGSR’s daily gasoline production up 4m liters in H2
TEHRAN- The daily production of gasoline in Iran’s Persian Gulf Star Refinery (PGSR) has risen by four million liters in the second half of the past Iranian calendar year (March 20-Septemeber 20, 2024), the managing director of Persian Gulf Star Oil Company announced.
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2025-03-24 03:40
Energy Ministry to implement 14 mega projects to tackle energy imbalance
TEHRAN- The minister of energy announced the implementation of 14 mega projects by the Energy Ministry to address electricity imbalance in the country in the new Iranian calendar year (started on March 21).
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2025-03-24 03:39
Iran exports non-oil goods worth $6.4b to Turkey in 11 months
TEHRAN – Iran exported non-oil commodities valued at $6.4 billion to Turkey during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2025-03-17 12:03
Iran exports commodities worth $95.3m to Kyrgyzstan in 10 months
TEHRAN- Iran exported commodities valued at $95.322 million to Kyrgyzstan in the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), the spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade announced.
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2025-03-17 12:02
Daily gasoline consumption expected to reach 135m liters during Nowruz
TEHRAN – Iran’s daily gasoline consumption is expected to hit 135 million liters during the Nowruz holidays, up from the current 124 million liters per day, the head of the National Iranian Oil Products Distribution Company (NIOPDC) said.
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2025-03-17 12:02
Iran exports $17m worth of tea; Russia, India top destinations
TEHRAN – Iran has exported 13,000 tons of tea worth $17 million over the past 11 months, with Russia and India as the main destinations, the head of the Iran Tea Organization said.
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2025-03-16 13:22
Iran says its oil exports cannot be stopped
TEHRAN - Government spokesperson Fatemeh Mohajerani says Western sanctions cannot halt Iran’s oil exports, as the country is determined to protect its share of the global energy market.
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2025-03-16 13:22
Iraq says waiver on gas purchases from Iran still in place
TEHRAN – The United States has maintained its sanctions waiver allowing Iraq to continue purchasing natural gas from Iran, an advisor to the Iraqi prime minister said.
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2025-03-16 13:21
Iran’s greenhouse farming expands 161% over past decade
TEHRAN – Iran's greenhouse farming sector has expanded by 161 percent over the past ten years, according to the head of the Statistical Center of Iran, who emphasized the importance of utilizing the results of the country’s 2024 agricultural census to enhance food security.
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2025-03-15 13:41
Home appliance production estimated to reach 20m units this year
TEHRAN - The secretary of Iran’s Home Appliance Industries Association said domestic production of home appliances is expected to reach 20 million units by the end of the current Iranian calendar year (late March). The significant increase in production follows the U.S. withdrawal from the JCPOA and the exit of foreign brands from Iran, indicating an improvement in both quality and quantity of local products.
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2025-03-15 12:54
Persian Gulf Saba Steel launches €200m expansion project
TEHRAN – The National Pension Fund of Iran, the owner of Persian Gulf Saba Steel Company, which produces 1.3 million tons of steel briquettes annually, has launched a €200 million expansion project aimed at boosting production capacity.
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2025-03-15 12:53
Iran says its crude oil exports meet global standards
TEHRAN - Iran's National Iranian Oil Company (NIOC) has dismissed claims in some media outlets about the production of low-quality crude, stating that Iran's oil exports meet global standards and urging "biased media" to prioritize national interests.
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2025-03-14 12:07
Iran-Eurasian free trade agreement to take effect in 60 days
TEHRAN – Iran's embassy in Moscow reported that the free trade agreement between Iran and the Eurasian Economic Union (EAEU) will come into effect in 60 days.
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2025-03-14 12:07
Iranian economy grows 3.7% in 9 months: CBI
Tehran - The Governor of the Central Bank of Iran (CBI) announced that the country's economy has experienced a 3.7 percent growth in the first nine months of the current Iranian year (March 20 - December, 20 2024), IRNA reported.
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2025-03-14 12:06
Iran's oil output rises by 34,000 barrels in February 2025
TEHRAN – Iran's crude oil production increased by 34,000 barrels per day (bpd) in February 2025, reaching 3.308 million bpd, according to OPEC's latest monthly report.
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2025-03-12 13:24
Iran’s non-oil export to Saudi Arabia rises 99 times
TEHRAN- The value of Iran’s non-oil export to Saudi Arabia increased by 99 times during the first nine months of the current Iranian calendar year (March 20-December 21, 2024), as compared to the same period of time in the past year, according to Ruhollah Latifi, spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade.
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2025-03-12 13:21
NISOC, NIOC sign cooperation agreement
TEHRAN – The National Iranian South Oil Company (NISOC) and the Exploration Directorate of the National Iranian Oil Company (NIOC) have signed a cooperation agreement to enhance collaboration in exploration, development, and production processes.
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2025-03-12 13:05
Iran seeks resumption of direct Tehran-London flights
TEHRAN – The head of Iran’s Civil Aviation Organization has called for discussions on resuming direct flights between Tehran and London.
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2025-03-11 13:35
Iran Air secures EU, ICAO certification for fuel management in international flights
TEHRAN – Iran Air has received certification from the European Union and the International Civil Aviation Organization (ICAO) for fuel management in its international flights, the airline’s deputy director of operations announced.
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2025-03-11 12:49
Iraq seeks to maintain gas and electricity imports from Iran amid sanction challenges
TEHRAN - Iran's exemption for exporting gas and electricity to Iraq was lifted on March 8, 2024, prompting the Chairman of the Economic Committee of the Iraqi Parliament to meet with the U.S. Charge d'Affaires in Baghdad.
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2025-03-11 12:49
MME signs co-op agreement with leading Chinese steelmakers
TEHRAN - Iran’s Mines and Metals Engineering Company (MME), the executive arm of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), has signed a cooperation agreement with major Chinese steel manufacturers.
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2025-03-10 13:27
Non-oil export from Fars province up 12% in 10 months on year
TEHRAN- The value of non-oil export from Fars province rose 12 percent in the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), as compared to the same period of time in the past year, a provincial official announced.
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2025-03-10 13:27
Pezeshkian warns of improper energy use, apologizes for power outages
TEHRAN - President Masoud Pezeshkian says improper energy consumption is among the primary challenges facing the country, while at the same time apologizing for the inconveniences caused by energy imbalances and recent power outages.
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2025-03-10 13:18
Iran’s monthly PMI drops again despite hopes for demand recovery
TEHRAN - Iran’s monthly PMI has experienced a third decline in a row which happened despite expectations for an uptick in demand ahead of the country’s New Year holidays.
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2025-03-09 13:11
Nearly $63b supplied for essential goods, trade, and service needs
TEHRAN - Iran’s Center of Exchange of Currency and Gold has announced that a total of $63 billion has been allocated for essential goods, commercial imports, and service-related needs since the beginning of the current Iranian year (late March 2024).