Economy

‘Iran–Russia Joint Economic Committee meeting marks turning point in bilateral co-op’

TEHRAN – Iran’s Oil Minister Mohsen Paknejad has described the 19th meeting of the Iran–Russia Joint Economic Committee as a pivotal opportunity to deepen strategic ties between Tehran and Moscow and open a new chapter in bilateral economic relations.
Iron ore concentrate output rises 9% in 9 months; lump ore up 44%

TEHRAN – Production of iron ore concentrate by Iran’s major mining companies rose nine percent in the first nine months of the current Iranian year (ending December 21, 2025), while lump iron ore output surged 44 percent, according to new data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Iran’s date exports rise 25% in 2024, generating $213m

TEHRAN – Iran’s exports of fresh and dried dates increased by 25 percent in value in 2024, generating more than $213 million in foreign currency earnings, according to trade data.

Capital market needs expansion, fair risk distribution, says SEO head

TEHRAN – Iran’s capital market requires further development and investment, with greater focus on managing and fairly distributing risk alongside returns, the head of the Securities and Exchange Organization (SEO) said on Monday.
Iran, Russia stress deeper strategic ties as joint economic committee meeting opens

TEHRAN – Iran and Russia opened the 19th session of their Joint Economic Committee on Monday, underscoring efforts to convert bilateral understandings into executable projects and results-driven cooperation.
Iran’s date exports rise 25% in 2024, generating $213m

TEHRAN – Iran’s exports of fresh and dried dates increased by 25 percent in value in 2024, generating more than $213 million in foreign currency earnings, according to trade data.
Iron ore concentrate output rises 9% in 9 months; lump ore up 44%

TEHRAN – Production of iron ore concentrate by Iran’s major mining companies rose nine percent in the first nine months of the current Iranian year (ending December 21, 2025), while lump iron ore output surged 44 percent, according to new data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
‘Iran–Russia Joint Economic Committee meeting marks turning point in bilateral co-op’

TEHRAN – Iran’s Oil Minister Mohsen Paknejad has described the 19th meeting of the Iran–Russia Joint Economic Committee as a pivotal opportunity to deepen strategic ties between Tehran and Moscow and open a new chapter in bilateral economic relations.
Unemployment rate hits 7.8% in autumn

TEHRAN – Iran’s unemployment rate reached 7.8 percent in autumn 1404 (September-December, 2025), marking a 0.6 percentage point increase compared with the same period last year, according to new data released by the Statistical Center of Iran.
ICCIMA head to partake in 41st ICCD General Assembly in Mecca

TEHRAN – The 41st General Assembly of the Islamic Chamber of Commerce and Development (ICCD) will be held on February 16, 2026 in Mecca, on the sidelines of the third Makkah Halal Forum.
Draft budget earmarks $680m for industrial park infrastructure

TEHRAN – Iran’s draft budget for the next fiscal year (1405) has projected 340 trillion rials (about $680 million) in funding for infrastructure development in industrial parks, according to estimates by the Iran Small Industries and Industrial Parks Organization (ISIPO).
Transit routes are path to peace, development, regional security: Pezeshkian

TEHRAN- Iranian President Masoud Pezeshkian stated that routes which connect nations are the path to peace, development, science, knowledge, affection, and capability.
Strengthening Iran's fleet, a practical step in development of Caspian Sea corridor

TEHRAN- A 7,200-ton cargo vessel named "Sahel-e Khazar" was handed over to the Islamic Republic of Iran Shipping Lines (IRISL)'s fleet in an official ceremony held in the Lotus Special Economic Zone in Russia's Astrakhan region.