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Yesterday 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.
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Yesterday 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.
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Yesterday 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.
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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.
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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.
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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.
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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).
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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.
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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.
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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.
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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).
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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.
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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.
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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.
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2024-11-23 11:18
Over 800 companies partaking in Iran’s intl. metallurgy expo
TEHRAN - Tehran Permanent International Fairgrounds is hosting the 21st edition of Iran’s international exhibition of metallurgy, dubbed IRAN METAFO, during November 23-26, IRIB reported.
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2024-11-22 15:20
Iran calls for forming joint business council with Kazakhstan
TEHRAN – The head of Iran’s Trade Promotion Organization (TPO) has highlighted the need to establish a joint business council with Kazakhstan, the TPO portal reported.
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2024-11-22 15:17
Exports from mining sector exceeds $7.5b in 7 months
TEHRAN - Exports from Iran’s mining sector reached $7.537 billion in the first seven months of the current Iranian calendar year (March 21 to October 22, 2024), up one percent from the same period last year.
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2024-11-22 15:12
Iran's oil output rises 60,000 bpd
TEHRAN - The head of the National Iranian Oil Company (NIOC) has said that the country's daily oil production volume has increased by 60,000 barrels.
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2024-11-20 15:11
Iran, Russia determined to develop ties at maximum level: VP
TEHRAN - Iranian Vice President Mohammad-Reza Aref has announced Tehran and Moscow's strong determination to strengthen bilateral relations to the maximum level, Shana reported.
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2024-11-20 15:02
Iran eyes connecting its railway with China through Afghanistan
TEHRAN – The head of the Islamic Republic of Iran Railways (RAI), in a meeting with the head of Afghanistan Railway, said the country is eyeing to connect its railway network to China via Afghanistan, the portal of Iran’s Transport Ministry reported.
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2024-11-20 14:59
Reaching PTA, a prerequisite for boosting Iran-Tajikistan trade
TEHRAN - Iran and Tajikistan have emphasized the need to expedite a preferential trade agreement (PTA) and completely eliminate visa requirements to boost bilateral economic relations, the portal of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) reported.
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2024-11-19 13:24
Iran-Venezuela Joint Economic Committee meeting kicks off in Caracas
TEHRAN - The 10th meeting of the Iran-Venezuela Joint Economic Committee opened in Caracas on Monday with representatives of dozens of public and private companies and institutions, along with government officials from both countries in attendance.
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2024-11-19 13:03
Horticulture exports bring Iran $3b of revenue annually
TEHRAN – Iran’s Deputy Agriculture Minister for Horticulture Affairs says horticultural products account for about 50 percent of the country’s annual agricultural exports and Iran exports about $3.0 billion of such products every year.
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2024-11-19 13:01
TPO holds meeting to review preparations for 3rd EAEU expo in Tehran
TEHRAN – Iran’s Trade Promotion Organization (TPO) held a meeting at the Tehran Permanent International Fairgrounds on Monday to review the preparations for holding the third Exclusive Exhibition of Eurasia in Iran which is scheduled to be held from February 21 to 24.
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2024-11-18 14:58
IOTC improving oil terminal infrastructure in Kharg Island
TEHRAN – The head of Iranian Oil Terminals Company (IOTC) said his company is implementing new projects to improve oil export infrastructure at Kharg Island, IRNA reported.
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2024-11-18 14:15
Water storage in Iranian dams rises 13%
TEHRAN – Over 22.64 million cubic meters of water is stored behind the dams across Iran since the beginning of the current water year (late September) up to November 16, registering an increase of 13 percent year on year.
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2024-11-18 14:13
Iran-Russia non-oil trade stands at $1.5b in 7 months
TEHRAN- The value of non-oil trade between Iran and Russia stood at $1.5 billion in the first seven months of the current Iranian calendar year (March 20-October 21), the former head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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2024-11-17 17:01
Pezeshkian emphasizes prioritizing maritime-oriented economy in development plans
TEHRAN – President Masoud Pezeshkian referred to the government's prioritization of the maritime-oriented economy and the importance of the prosperity of this sector on the country's growth, development and prosperity, and stated that the government is determined to implement maritime-oriented development plans.
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2024-11-17 11:59
Over 10m tons of goods transported via roads in 7 months
TEHRAN – The acting head of Iran Road Maintenance and Transportation Organization (IRMTO) says 10.82 million tons of goods have been transported via roads in border regions into the country in the first seven months of the current Iranian year (March 20-October 21).
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2024-11-17 11:56
200,000m of mining exploratory excavation conducted since March
TEHRAN— The head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said 200,000 meters of exploratory excavation have been conducted in the country’s promising mineral zones since the beginning of the current Iranian calendar year (late March), IRIB reported.