-
2025-04-09 15:19
Over 159,000 tons of eggs exported in a year
TEHRAN - Iran has exported more than 159,000 tons of eggs to target countries in the past Iranian calendar year 1403 (ended on March 20), Hamidreza Kashani, the chairman of Iran’s Union of Egg-Laying Hen Producers announced.
-
2025-04-09 14:54
Annual transit of goods via Iran rises 22.5% to nearly 22m tons
TEHRAN – Iran handled nearly 22 million tons of foreign transit cargo in the past Iranian calendar year (ended on March 20, 2025), marking a 22.5 percent increase compared to the previous year, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
-
2025-04-09 14:13
Iran, Azerbaijan sign bilingual MOU at 16th joint economic committee meeting
TEHRAN – Iran and Azerbaijan signed Persian and Azeri versions of a memorandum of understanding (MOU) on Tuesday during the 16th Joint Economic Committee meeting, co-chaired by Iran’s Minister of Transport and Urban Development and Azerbaijan’s Deputy Prime Minister.
-
2025-04-09 14:09
Iran, Iraq eye joint industrial parks, stronger private sector ties
TEHRAN – Iran and Iraq have expressed interest in creating joint industrial parks along their shared border and boosting Iranian investment in the Iraqi market, during a meeting between the Iraqi ambassador to Tehran and the head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
-
2025-04-08 14:03
Tehran, Baku discuss expansion of economic, transport, energy ties
TEHRAN– Iran’s Transport and Urban Development Minister Farzaneh Sadegh, who also chairs the Iran-Azerbaijan Joint Economic Committee, met with Azerbaijani President Ilham Aliyev in Baku to discuss bilateral ties and economic cooperation.
-
2025-04-08 13:22
Loans to Iranian knowledge-based firms rise 46% in a year
TEHRAN – Iranian banks disbursed 1.24 quadrillion rials (about $2.48 billion) more in loans to knowledge-based companies in the Iranian year 1403 (ended on March 20, 2025) compared to the previous year, marking a 46.2 percent year-on-year increase, according to Central Bank data.
-
2025-04-08 12:30
By Mahnaz Abdi
Iraq, 2nd top destination of Iranian non-oil goods in a year
TEHRAN – Iran exported non-oil commodities valued at $11.9 billion to Iraq in the past Iranian calendar year, which ended on March 20, 2025, according to an official with the Islamic Republic of Iran Customs Administration (IRICA).
-
2025-04-07 16:01
Over 200 investment opportunities worth $137b to be introduced in oil industry
TEHRN- An official with the National Iranian Oil Company (NIOC), announced the holding of an event for the transformation of investment and development in Iran's upstream oil and gas sector this spring, saying: "More than 200 investment opportunities in the field of the National Iranian Oil Company’s activities will be introduced in this event."
-
2025-04-07 14:25
Energy Ministry prepares 36 electricity consumption management packages
TEHRAN- Iran’s deputy energy minister announced the preparation of 36 consumption management packages in the electricity sector for the first time and said: "Consumption management is the front line of controlling and reducing the imbalances in the electricity industry; advancing this issue requires serious management and action."
-
2025-04-07 13:49
Iran-China annual non-oil trade stands at $34.1b
TEHRAN - The value of non-oil trade between Iran and China stood at $34.1 billion in the past Iranian calendar year, which ended on March 20, 2025, according to an official with the Islamic Republic of Iran Customs Administration (IRICA).
-
2025/04/06
By Mahnaz Abdi
CNG development seriously on the agenda
TEHRAN- Due to the importance of compressed natural gas (CNG) in reducing dependence on gasoline and improving air quality, multiple plans have been put in place to develop the infrastructure of this industry and increase its consumption in the country.
-
2025-04-06 13:37
Iran-Eurasia trade grows 2.2-fold as focus shifts to corridor transport, infrastructure
TEHRAN – Trade between Iran and member states of the Eurasian Economic Union (EAEU) has expanded 2.2 times since the implementation of a preferential trade agreement in November 2019, according to Mirhadi Seyyedi, advisor on international affairs and trade agreements at Iran’s Trade Promotion Organization (TPO).
-
2025-04-06 13:18
Iran’s annual non-oil exports rise to $57.8b
TEHRAN – Iran exported over 152 million tons of non-oil goods worth $57.8 billion in the past Iranian calendar year, which ended on March 20, 2025.
-
2025-04-05 16:55
Iran exports non-oil goods worth $2.2b to Afghanistan in 11 months
TEHRAN- Iran exported non-oil commodities valued at $2.2 billion to Afghanistan 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.
-
2025-04-05 16:21
Drilling of 100 oil, gas wells completed in a year
TEHRAN - National Iranian Drilling Company (NIDC) completed the drilling and finalization of 100 oil and gas wells across onshore and offshore fields in the Iranian calendar year 1403 (ended on March 20), the company’s head said, bringing the total number of wells drilled since its inception to 5,154.
-
2025-04-05 16:21
Daily gasoline output reaches 120m liters amid push to curb energy imbalance
TEHRAN - Iran's total daily gasoline production—including refinery output and reserves—has reached approximately 120 million liters, a senior oil official said, as the country pushes to bridge the growing gap between supply and consumption.
-
2025-04-04 15:27
Iran exports non-oil goods worth $2.2b to Pakistan in 11 months
TEHRAN – Iran exported non-oil commodities valued at $2.2 billion to Pakistan 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.
-
2025-04-04 15:25
Iran, Turkmenistan agree to launch pilot passenger train service
TEHRAN – Iran and Turkmenistan have reached an agreement to launch a pilot passenger train service and increase rail freight capacity to 400 wagons, Iran’s transport minister said upon returning from Ashgabat.
-
2025-04-04 15:06
Major contracts signed in Iran’s oil, gas industry in a year
TEHRAN – Iran’s Oil Ministry subsidiaries recorded a strong performance in the previous Iranian calendar year (ended on March 20) by signing notable medium- and large-scale contracts, marking a significant step toward expanding the country’s hydrocarbon industry.
-
2025-04-02 16:04
Iran exports non-oil goods worth $1.8b to India in 11 months
TEHRAN- Iran exported non-oil commodities valued at $1.8 billion to India 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.
-
2025-04-02 15:59
Abadan Refinery’s output increases 3m liters
TEHRAN- The managing director of Abadan Refinery announced a production increase of about three million liters of gasoline in this refinery in the 14th government and said: “Abadan Refinery supplies about 17 percent of gasoline, 22 percent of gas oil, and 42 percent of fuel oil to the country.
-
2025-04-02 15:39
Iran's 11-month non-oil import from Russia stands at $1.2b
TEHRAN- Iran imported non-oil commodities valued at $1.2 billion from Russia 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.
-
2025-03-29 16:32
Petrochemical industry to support new investments
TEHRAN- The acting head of Investment Management Department at the National Petrochemical Company (NPC) announced that attracting new investments in the new Iranian calendar year (began on March 21), aimed at boosting production and completing the value chain, is a key strategy.
-
2025-03-29 16:22
Building small refineries with public investments on agenda: oil minister
TEHRAN- Oil minister emphasized prioritizing refining projects based on the available financial resources, and stated that attracting public investments for implementing small-scale refining projects is on the agenda.
-
2025-03-29 15:59
Iran, Turkmenistan discuss expansion of economic, transport ties
TEHRAN- During the trip of Iranian Transport and Urban Development Minister Farzaneh Sadeq to Turkmenistan, officials from the two countries discussed the expansion of relations in different economic and transport areas.
-
2025-03-28 03:44
‘Power plant industry being prepared for private sector investment’
TEHRAN- Iranian Energy Minister Abbas Aliabadi said that the country’s power plant industry is being prepared for the attraction of private sector investment.
-
2025-03-28 03:43
Iran's 11-month non-oil export to UAE stands at $6.6b
TEHRAN - Iran exported non-oil commodities valued at $6.6 billion to the United Arab Emirates (UAE) 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.
-
2025-03-28 03:43
Annual steel production in Iran reaches 30m tons
TEHRAN – Iran’s steel production hit 30 million tons in the past Iranian calendar year 1403 (ended on March 20, 2025), the chairman of the Iranian Steel Producers Association (ISPA).
-
2025-03-26 02:20
SEO head outlines 5 plans to enhance efficiency, transparency in capital market
TEHRAN- The head of Iran Securities and Exchange Organization (SEO) outlined the five major plans for enhancing efficiency and transparency in the capital market in the new Iranian calendar year, which began on March 21.
-
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.