Today News
  • aliabadi 2024-12-06 14:15

    Oil ministry boosts fuel supply to power plants

    TEHRAN – Iran's Energy Minister Abbas Aliabadi announced Wednesday that the Oil Ministry has increased diesel fuel supply to power plants, aligning provision levels with demand to prevent energy shortages during the winter months.

  • IKAC 2024-12-03 12:38

    Imam Khomeini Airport City announces over $800 million in new projects

    TEHRAN – Imam Khomeini Airport City (IKAC) has announced the completion of 30 development projects worth more than 156 trillion rials ($312 million) ready for inauguration, alongside groundbreaking for 12 investment and construction projects valued at over 270 trillion rials ($540 million).

  • japan 2024-12-03 12:36

    Japan to help Iran resolve differences with FATF: official

    TEHRAN - Japan has vowed to carry out efforts to help Iran advance its case in the Financial Action Task Force (FATF), according to an Iranian deputy finance minister.

  • dams 2024-12-03 12:33

    Water inflow to Iranian dams drops by 6%

    TEHRAN – Despite holding 22.66 billion cubic meters of stored water, only 44 percent of Iran’s dam capacity is currently utilized, leaving 56 percent unfilled, according to official reports.

  • thermal 2024-12-02 14:42

    Iran among global leaders in thermal power plant efficiency

    TEHRAN - Iran has emerged as a global leader in thermal power plant efficiency, ranking 12th out of 197 countries. Recent improvements in technology and operational strategies have raised the efficiency of thermal plants from 39.3 percent last year to 39.56 percent this year, positioning Iran among the top 12 nations in this category.

  • eaeu 2024-12-02 14:41

    By Ebrahim Fallahi

    Iran-EAEU FTA to be implemented in early 2025

    TEHRAN – The proposed Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU) has reached a significant milestone, receiving unanimous approval from the Economic Commission of the Iranian Parliament. The agreement now awaits final ratification in Parliament's plenary session, marking a transformative step in strengthening Iran's economic integration with the region.

  • hemmati 2024-12-02 14:40

    Sanctions, the main barrier to attracting foreign investment: Hemmati

    TEHRAN – Iranian Finance and Economic Affairs Minister Abdolnaser Hemmati stated that sanctions pose the most significant obstacle to attracting foreign investment, not the Financial Action Task Force (FATF). Speaking to IRIB, Hemmati noted that even if Iran were to adopt the Palermo and CFT conventions, removal from the FATF blacklist would not be guaranteed in the short term.

  • azadegan 2024-12-01 16:37

    Production capacity increases at South Azadegan Oil field

    TEHRAN - The acting head of technical inspection at Arvandan Oil and Gas Company has announced a significant increase in production capacity at the South Azadegan oil field.

  • gold 2024-12-01 13:01

    Iran’s largest gold mine reports significant increase in proven reserves

    TEHRAN – Iran’s largest gold mine, Zarshouran, has announced a substantial increase in its proven reserves, sparking optimism about a potential surge in production and job creation in northwestern Iran.

  • eaeu 2024-12-01 13:01

    Iran’s request to obtain EAEU observer status approved

    TEHRAN - A senior Russian official has announced that Iran’s request to obtain the observer state status at the Eurasian Economic Union (EAEU) has been approved at a meeting of the union’s executive body, which was held by deputy prime ministers of the member states.

  • flare 2024-11-30 14:01

    Three flare gas recovery projects to come on stream by March 2025

    TEHRAN – The Managing Director of the National Iranian South Oil Company (NISOC), Ebrahim Piramoun, has announced that three major associated gas recovery projects are slated to be completed by the end of the current Iranian calendar year (late March 2025).

  • agriculture 2024-11-30 13:58

    Iran to expand overseas farming to 2m hectares by 2029

    TEHRAN - Iran has set a target to expand its overseas farming to 2 million hectares (4.942 million acres) by 2029 amid efforts to ensure sufficient food supplies in the country.

  • gas 2024-11-30 13:57

    Gas consumption expected to rise by 100 mcm

    TEHRAN – Natural gas consumption in Iran is expected to increase by 100 million cubic meters (mcm) in the coming weeks following the significant temperature drop across the country, according to estimations made by the National Iranian Gas Company (NIGC).

  • cars 2024-11-29 14:14

    Over 29,400 passenger cars imported in 8 months

    TEHRAN - The head of the Islamic Republic of Iran Customs Administration (IRICA) said 29,418 passenger cars were imported into the country in the first eight months of the current Iranian calendar year (March 20-November 21).

  • yahya 2024-11-29 14:11

    Iran-Iraq Chamber head highlights private sector's role in economic growth

    TEHRAN - Yahya Al-e Eshaq, chairman of the Iran-Iraq Chamber of Commerce, has emphasized that fostering collaboration between the government and the private sector is essential for achieving an annual eight percent economic growth envisaged in Iran’s five-year development plan.

  • housing 2024-11-29 13:58

    Over 2,000 ha of lands provided for National Housing Movement units in 100 days

    TEHRAN- As announced by the Iranian Transport and Urban Development Ministry, 2,046 hectares of land have been provided for the construction of National Housing Movement units across the country in the first 100 days of the current government administration’s office.

  • iccima 2024-11-27 13:23

    Over $1.1b invested in mining projects in over 3 months

    TEHRAN - Iranian Ministry of Industry, Mining and Trade has invested $1.1 billion in development and infrastructure projects in the mining and mineral industries sector in the first 100 days since the 14th government took office.

  • electricity 2024-11-27 12:53

    Iran ends power outages amid fuel supply improvements

    TEHRAN - Iran’s Energy Minister Abbas Aliabadi confirmed on Tuesday that scheduled power outages have ceased, following assurances of improved fuel supply to power plants.

  • saudi 2024-11-27 12:31

    Tehran, Riyadh discuss joint investment programs

    TEHRAN - Officials from Iran and Saudi Arabia weighed plans to further mutual investment opportunities, Tasnim News Agency reported.

  • bahraman 2024-11-26 13:29

    Private sector urges action to remove Iran from FATF blacklist

    TEHRAN – Deputy Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammad Reza Bahraman has highlighted the impact of the Financial Action Task Force (FATF) blacklist on Iranian trade operations, urging the need for addressing the challenge.

  • hemmati 2024-11-26 13:28

    OPEC Fund welcomes co-op with Iranian companies

    TEHRAN - Iran’s Minister of Finance and Economic Affairs Abdolnasser Hemmati, who has traveled to Riyadh to participate in the 28th WAIPA World Investment Conference, met and held talks with OPEC Fund’s President Abdulhamid Alkhalifa on Monday. During the meeting, Alkhalifa said the Fund is ready to provide services to Iranian companies.

  • hemmati 2024-11-26 13:02

    ‘Iran determined to fulfill obligations towards IDB’

    TEHRAN - Iran's Minister of Economic Affairs and Finance Abdolnasser Hemmati stated in a meeting with the head of the Islamic Development Bank (IDB) that the Islamic Republic is determined to fulfill its obligations towards IDB.

  • loading 2024-11-25 13:15

    Over 150m tons of goods loaded, unloaded at Iranian ports

    TEHRAN - Based on the latest data released by the Iranian Ports and Maritime Organization (PMO), some 155,429,115 tons of goods were loaded and unloaded at the country’s ports in the first eight months of the current Iranian calendar year (March 20- November 21).

  • sistan 2024-11-25 13:12

    Trade via Sistan-Baluchestan hits 1.9m tons in 8 months

    TEHRAN - Nearly 2.0 million tons of goods were traded through the customs terminals and border markets of Sistan-Baluchestan province during the first eight months of the current Iranian calendar year (March 20-November 20), according to a senior provincial official.

  • idle 2024-11-25 13:11

    281 idle industrial units revived in over 3 months

    TEHRAN - In line with supporting production and employment, the government has revived 281 stagnant industrial units across the country since the government took office in August, IRNA reported.

  • hemmati 2024-11-24 14:01

    Iranian economy minister to attend WAIPA Conference in Riyadh

    TEHRAN – Iran’s Minister of Finance and Economic Affairs Abdolnaser Hemmati is traveling to Saudi Arabia to participate in the 28th World Association of Investment Promotion Agencies (WAIPA) Conference which is due to be held from November 25 to 27, 2024 in Riyadh.

  • alumina 2024-11-24 14:00

    Alumina powder output exceeds 138,000 tons in 7 months

    TEHRAN - Production of alumina powder in Iran reached 138,859 tons in the first four months of the current Iranian calendar year (March 20-October 21), according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

  • gas 2024-11-24 13:25

    Gas supply to power plants up by 3.3 mcm/d

    TEHRAN - Natural gas delivery to power plants stood at 182 million cubic meters per day (mcm/d) during the week ended on 23 November, indicating a 3.3 mcm/d rise against the same period last year.

  • japan 2024-11-23 13:58

    ‘Iran can become transit corridor for transferring Japanese products’

    TEHRAN - Iran’s transit corridor which is a regional hub can play a significant role in transporting Japanese products in the region, Iranian Agriculture Minister Gholamreza Nouri Ghezeljeh said in a meeting with Japanese Ambassador to Iran Tamaki Tsukada.

  • refueler 2024-11-23 12:47

    Iran among world’s top 4 aircraft refueler builders

    TEHRAN - Iran is among the world's top four countries in producing aircraft refuelers, an official familiar with the matter told IRIB.