Leader visits “Pioneers of Progress” exhibition

'Using private sector capacities, only way for progress of country'

TEHRAN– Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei visited the “Pioneers of Progress" exhibition, showcasing the latest achievements and capabilities of the private sector, held on Tuesday, January 21, 2025, at the Imam Khomeini Hosseiniyeh.

Iran, China aim to bolster maritime economy, agricultural co-op

TEHRAN – Iran’s Agriculture Minister Gholamreza Nouri Ghezeljeh emphasized the potential for Iran and China to activate a maritime-based economy and foster collaboration in agriculture and food security, creating a vast market for domestic and international customers.

Thermal power plants' output reaches 300m MWh

TEHRAN - A senior official announced that this year, thermal power plants' electricity generation grew by 1.9 percent compared to the previous year, reaching 300 million megawatt-hours (MWh), while fuel consumption increased by just 0.7 percent.

Gas injection into national network hits new record high

TEHRAN – Iran has set a new daily record of 876 million cubic meters (mcm/d) in gas injection into the national grid, according to Saeid Tavakoli, Deputy Oil Minister and the head of the National Iranian Gas Company (NIGC).

Iran's non-oil exports to South Korea surge 180% in 2024

TEHRAN - According to a report by the Iran-South Korea Joint Chamber of Commerce, Iran's non-oil exports to South Korea surged by 180 percent in 2024, reaching $8.609 million.

Export of farmed caviar rises 112% in 9 months on year

TEHRAN – Naser Karami-Rad, Director-General of the Office for the Restoration and Conservation of Genetic Aquatic Resources at Iran's Fisheries Organization (IFO), announced a 112 percent increase in the country's official exports of farmed caviar during the first nine months of the current Iranian calendar year 1403 (March 20 – December 20, 2024), compared to the total exports of the previous year.

Tehran, Moscow reach agreements on rail, air, sea, and road transport

TEHRAN - Iran's Transport and Urban Development Minister outlined key agreements between the presidents of Iran and Russia, covering rail, air, sea, and road transport for both goods and passengers.

Iran strengthens role in Tajikistan’s water and energy projects

TEHRAN – Iran's Energy Minister announced plans to facilitate the export of Iran’s engineering and technical services to Tajikistan, emphasizing the active involvement of Iranian engineers in the country's water and power projects.

Iran-Russia monetary agreement implemented, bank networks connected

TEHRAN - The Governor of Central Bank of Iran (CBI), who accompanied Iran's president on a visit to Russia, announced the implementation of the Iran-Russia monetary agreement and the integration of the Mir and Shetab card payment networks.

Iran-Qatar trade increases 53% in 9 months yr/yr

TEHRAN- The Iranian commercial attaché in Qatar referred to the development of trade interactions between Iran and Qatar, and announced a 53-percent increase in the value of trade between the two countries in 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.

Iran urges removal of barriers to agricultural exports to Russia

TEHRAN – Iranian Agriculture Minister Gholamreza Nouri Ghezeljeh met with Russian Agriculture Minister Oksana Nikolaevna Lut in Moscow to discuss bilateral agricultural cooperation and emphasized the need to address barriers hindering Iran’s agricultural exports to Russia.

Iran, Tajikistan sign 23 cooperation agreements during president Pezeshkian’s visit

TEHRAN - Iranian President Masoud Pezeshkian concluded his two-day official visit to Tajikistan and departed for Moscow early Friday, marking a significant milestone in bilateral relations with the signing of 23 agreements across various fields.

Iran calls for investment in renewable energy at IRENA summit

TEHRAN - The head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA) Mohsen Tarztalab proposed that, in addition to international mechanisms like the carbon trading market and emission reduction certificates, national market guarantees should be established in various countries to attract foreign investments in renewable setor.

Only 44% of Iran’s dam capacity filled halfway through winter

TEHRAN - Iran's major dams are entering the second month of winter with only 44 percent of their capacity filled, leaving 56 percent of their storage empty. This comes after a lackluster autumn rainfall that failed to alleviate the impacts of ongoing droughts.

Iran to establish 24 solar energy industrial parks

TEHRAN - Iran's Small Industries and Industrial Parks Organization (ISIPO) has announced the approval of 24 specialized industrial parks dedicated to solar energy.

TPO invites private sector to cooperate in development of border markets

TEHRAN - The head of Iran's Trade Promotion Organization (TPO) has announced the organization's readiness to collaborate with the private sector to invest in border markets.

Petchem exports reach $10b in 9 months

TEHRAN - Iran's petrochemical industry achieved $10 billion in exports during the first nine months of the Iranian calendar year 1403 (March-December 2024), with projections suggesting the figure could reach $13 billion by year-end, a senior official announced.

Foreign currency allocations for basic goods, services exceed $55b

TEHRAN - The Central Bank of Iran (CBI) announced that from the beginning of the current Iranian year (March 20, 2024) until January 13, a total of $55.127 billion in foreign currency has been allocated for the imports of essential goods, pharmaceuticals, commercial and trade commodities, as well as service-related needs.

Iran, Turkey pave the way for $30b in bilateral trade

TEHRAN - Hossein Pirmoazzen, deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), announced the preparation of a memorandum of understanding (MOU) to establish a joint Iran-Turkey Chamber of Commerce and Industries following the visit of an Iranian trade delegation to Ankara.

70 companies partaking in Iran steel structures exhibition

TEHRAN - More than 70 domestic and foreign companies are showcasing their latest products, achievements, and services at the second International Exhibition of Steel Structures, Related Engineering Industries and Services (Iran Steel FAB).

Chinese ambassador highlights Khuzestan's unique potential in solar power production

TEHRAN – The Chinese Ambassador to Iran Cong Peiwu emphasized Khuzestan Province's unique potential in various sectors, including solar power generation, and its capacity to leverage renewable energy for electricity production.

Iran's cement industry achieves 90 million-ton capacity

TEHRAN – Iran's cement production capacity has reached 90 million tons annually, with 85 percent of the required machinery and parts manufactured domestically, according to Majid Vafapour, head of the Cement Industry Employers Association.

15th Khuzestan oil equipment exhibition kicks off

TEHRAN – The 15th Specialized Exhibition on Manufacturing Oil Industry Equipment in Khuzestan opened on Saturday, January 11 in Ahvaz, Shana reported.

Projects inaugurated in president, ministers visit to Sistan-Baluchestan

TEHRAN - President Masoud Pezeshkian arrived in Chabahar port city for a two-day visit to the southeastern Sistan-Baluchestan province, his second trip to the region in less than two months.

Iranian agriculture minister visits Ankara for bilateral co-op meetings

TEHRAN - Iran’s Minister of Agriculture Gholamreza Nouri Qezeljeh and Samad Hasanzadeh, the head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), departed for Turkey alongside a delegation of agricultural and food industry professionals.