-
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 14:58
Iran to add 9m tons to petrochemical production capacity
TEHRAN – Iran plans to expand its petrochemical production capacity by 9.0 million tons in the current Iranian year (ending March 2026), according to the head of the National Petrochemical Company (NPC).
-
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 13:33
Pezeshkian: Govt. to offer strong support for investment in renewable energy
TEHRAN – Iranian President Masoud Pezeshkian said that his administration is committed to supporting investment in renewable energy, unveiling incentive packages aimed at encouraging private and public sector participation in the sector.
-
2025-04-08 13:22
Iran to add 700 MW to steam power plant capacity
TEHRAN – Iran plans to boost the power generation capacity of its steam power plants by more than 700 megawatts in the current Iranian year (ending March 2026) through a series of efficiency-enhancement projects, a senior energy official said.
-
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 13:06
Call for papers in First International deBlock Conference – deBlock 2025
We are pleased to invite experts, students, and researchers interested in blockchain and crypto assets to the First International deBlock Conference, which will take place in Tehran in June 2025.
-
2025-04-08 12:51
Iran's exports to the Americas quadruple in a year
TEHRAN – Iran’s exports to the Americas surged 4.5 times in the Iranian year 1403 (ended late March 2025) compared to the previous year, while a free trade agreement with Venezuela is just one step away from full implementation after two decades, a senior trade official said.
-
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 15:10
25% of nomadic society enjoy solar panels
TEHRAN – As announced by the acting head of Iran’s Nomadic Affairs Organization, 25 percent of the nomadic society in the country is now supplied with the solar panels.
-
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 14:11
Gasoline consumption stands at 2.823b liters in Nowruz holidays
TEHRAN – Gasoline consumption in Iran stood at 2,823,600,000 liters during Nowruz holidays (March 21-April 2).
-
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 13:47
Agricultural exports jump 35% in 11 months despite regulatory hurdles
TEHRAN – Iran’s agricultural exports grew 35 percent in value over the first 11 months of the Iranian year 1403 (March 2024–February 2025), reaching $7.57 billion, according to Ruhollah Latifi, spokesperson for the Trade Development Commission of the House of Industry, Mine and Trade.
-
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 13:29
West Asian countries invest in Iran as non-oil exports gain momentum
TEHRAN – Iran’s Trade Promotion Organization (TPO) reported positive trade performance with West Asia in the past Iranian year (ended on March 20), despite ongoing international sanctions. According to Abdolamir Rabihavi, Director General of the TPO’s West Asia Office, Turkey, the United Arab Emirates, and Oman made investments in Iran over the last year, signaling strengthened economic ties in the region.
-
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.
-
2025-04-05 16:20
Iran brings 8th well of South Pars phase 11 online, adding 3 mcm/d to gas output
TEHRAN - Iran has brought the eighth well of Platform B in Phase 11 of the South Pars gas field into production, adding approximately 3.0 million cubic meters per day (mcm/d) to the country’s natural gas output, according to the head of Petropars Group.
-
2025-04-05 16:18
Refinery projects prioritized to accelerate development, boost fuel output
TEHRAN - Iran is streamlining its refinery development strategy by prioritizing projects that offer higher returns and can be brought online more quickly, Oil Minister Mohsen Paknejad said during a visit to the Tehran Oil Refinery.
-
2025-04-04 15:54
China to take countermeasures against U.S. 'reciprocal tariffs'
China firmly opposes the U.S. "reciprocal tariffs" and will resolutely adopt countermeasures to safeguard its rights and interests, a spokesperson for the Ministry of Commerce said on Thursday.
-
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.