Iran sees Turkmenistan partnership as gateway to regional gas trade

TEHRAN – Iran's National Gas Company is ramping up efforts to attract foreign investment and expand energy ties with neighboring countries, with a senior official saying closer cooperation with Turkmenistan could pave the way for broader regional gas trade.

By Ge Lin

China and Russia's joint institutional innovation contributes to a dynamic world economy

At a time when global governance seems ensnared in the narrative of the so-called "Thucydides Trap"—the idea that a rising China will inevitably challenge, and potentially disrupt, the US-led global order—China and Russia are focusing on supplementing, rather than confronting, the Western-led post-Cold War global economic architecture through institutional co-creation.

Iran, China sign deal on coal-to-gas technology cooperation

TEHRAN – Iran’s Research Institute of Petroleum Industry (RIPI) and a major Chinese firm called Keyon have signed a memorandum of understanding to collaborate on coal-to-natural gas conversion technologies, officials said on Thursday.

Chinese FTZ council, Iranian customs delegation meet to facilitate trade

TEHRAN- During a meeting between the members of Chinese council for development of trade in Khorgos and Urumqi free trade zone and a delegation from the Islamic Republic of Iran Customs Administration, the two sides explored the ways to facilitate trade and expand customs cooperation.

Four million customers, 135 trillion tomans of support in "National Kindness Project" of Bank Melli

At the Conference of "Evaluating Performance of Bank Melli Iran (BMI) Last Year (Ended March 20, 2025) and Clarifying Goals of Bank in Current Year (Started March 21, 2025)”, CEO of Bank Melli Iran (BMI) Abolfazl Najjarzadeh emphasized the special status of the bank in gaining public trust and introduced the "National Kindness" Project of the bank as a symbol of success and trust of four million dear customers of the bank.

Iran, Qatar discuss ways to enhance transport ties

TEHRAN – Iranian Transport and Urban Development Minister Farzaneh Sadeq and Qatari Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani met in Doha on Tuesday, aiming to boost bilateral relations in the transport sector.

Daily gasoline output hits 120m liters

TEHRAN – Iran has ramped up its gasoline production to 120 million liters per day in the second Iranian calendar month of Ordibehesht (started on April 21), up from 107 million liters the previous month, even as the country’s refining industry reports a dramatic collapse in profitability, a senior industry official said on Tuesday.

Thermal power generation rises 10% ahead of peak summer demand

TEHRAN – Iran has increased its thermal power generation capacity by 10 percent compared to last year, as the country braces for record-breaking electricity demand this summer, a senior energy official said.

‘Expo 2025 spurs interest in Iran’s investment potential’

TEHRAN – The 2025 edition of Iran’s Expo has drawn strong interest from international visitors and created new opportunities for long-term business partnerships, according to a senior official from the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).

Majlis Research Center reports 2.8% GDP growth for Iran in 2024–25

TEHRAN – Iran's economy grew by 2.8 percent in the Iranian calendar year 1403 (ended March 20, 2025), with non-oil growth reaching 2.7 percent, according to the latest report by the Iranian Parliament (Majlis) Research Center.

Iran's non-oil export to Iraq can rise to $20b

TEHRAN- The chairman of Iran-Iraq Joint Chamber of Commerce said that the value of Iran's annual non-oil export to Iraq can be increased to $20 billion. Iran and Iraq have a strategic relationship that can grow and develop with an economic focus, Yahya Al-e Es’haq noted.

Chinese ambassador calls for stronger media ties between Iran and China

TEHRAN – The Tehran Times, Iran’s oldest English-language newspaper, celebrated its 46th anniversary on Monday afternoon in a ceremony attended by foreign ambassadors, media executives, and senior cultural officials in Tehran.

Bio-implants production to be developed in Iran via IDRO’s contribution

TEHRAN- Iran is expanding its bio-implant production, with the Industrial Development and Renovation Organization of Iran (IDRO) leading efforts to meet domestic medical needs, Hamid Bazargan, IDRO’s Deputy for Advanced Industries, stated in a press conference on the plans of the organizations for the modern industries focusing on the bio-implant project of Kermanshah.

Tehran Chamber of Commerce hosts Iran-China business development forum

TEHRAN - The Iran-China Business Development Forum convened at the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), with the participation of China’s ambassador to Iran, the head of Iran’s Trade Promotion Organization (TPO), the chair of the Iran-China Parliamentary Friendship Group, and senior officials from the Tehran Chamber.

Iran seeks strategic trade partnerships with Afghanistan to boost regional stability

TEHRAN - Strengthening economic cooperation between Iran and Afghanistan will contribute to regional stability and create a framework for sustainable partnerships, a senior Iranian trade official said on Sunday.

Iran invites Sweden to revive joint investment programs in auto, power sectors

TEHRAN – Head of Iran’s private sector authority has invited Sweden to revive previous joint investment initiatives in the country’s automotive and electricity industries, saying there is ample opportunity for cooperation in sectors not subject to international sanctions, with the government ready to guarantee the return of foreign capital and profits.

In the global interest, China says 'no' to tariffs

In a world shaken by unilateralism and tariff aggression, China answers with measured resolve, protecting not just its own interests but the bedrock principles of global fairness.

Iran expresses deep concern about attacks on civilian targets in Sudan

Esmail Baqaei, the spokesperson for Iran’s Foreign Affairs Ministry, condemned the attack that targeted an airport and civilian facilities in the city of Port Sudan with a drone, expressing concern about the continuation of attacks on urban civilian facilities such as power plants, hospitals, water treatment plants and civilian airports, and called for an end to attacks on civilians.

Car tire production grows 15% amid calls for more investment

TEHRAN – Iran’s car tire production rose by 10 to 15 percent last year, while total tire output saw an 8.0 percent increase, according to Jamal Mirzaei, a board member of Iran’s Tire Industry Association.

Record participation expected at Iran Oil Show 2025

TEHRAN - More than 2,000 Iranian and foreign companies are set to participate in the 29th International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2025) in Tehran—marking the highest number of participants in the history of the event.

Iranian, Chinese plastic industry groups sign co-op deal at Iran Expo 2025

TEHRAN – On the sidelines of Iran Expo 2025, the Iranian Masterbatch and Compound Producers Association and the Shenzhen Plastics Association of China signed a memorandum of understanding (MOU) aimed at enhancing cooperation in the plastics industry through experience-sharing, technology exchange, and investment opportunities.

Annual sponge iron export increases 11%

TEHRAN- Iran’s export of sponge iron increased 11 percent in value, and 12 percent in volume in the past Iranian calendar year 1403 (ended on March 20), as compared to the previous year, the Iranian Steel Producers Association (ISPA) reported.

Tehran-Abu Dhabi trade could rebound to $27b, says official

TEHRAN - The head of the Iran-UAE Joint Chamber of Commerce has criticized the Central Bank of Iran (CBI) for significant delays in foreign currency allocation, calling it the primary bottleneck in bilateral trade — particularly for essential and perishable goods.

SEO aims for capital market to fund half of economy within 5 years

TEHRAN - The head of the Securities and Exchange Organization (SEO) said that the capital market’s share in the national financing system is going to increase to 50 percent over the next five years, positioning it as a key engine of economic activity, employment, and industrial growth.

Tehran, Ashgabat urge structural reforms to boost bilateral trade

TEHRAN - The deputy head of Iran's Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) called for the removal of key structural barriers—particularly in banking, transport, logistics, and visa issuance—to unlock the trade potential between Iran and Turkmenistan.