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Iran’s exports to Africa hit record high in Q1: Official
EconomyThe head of the Africa Department at the Trade Promotion Organization (T.P.O.) says Iran’s trade with Africa has seen significant growth this year, with exports and imports both increasing overwhelmingly.
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Iran, Tajikistan sign MoU to facilitate railway transit
EconomyIranian and Tajik officials have signed a memorandum of understanding (MoU) that will boost cooperation between their countries in railway transit.
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President Pezeshkian vows to step up efforts to implement Leader’s directives
EconomyPresident Masoud Pezeshkian says his administration will do utmost to eliminate obstacles hindering production in Iran, ensuring that the directives of Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei would be fully realized.
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IKCO management handed over to consortium of non-governmental shareholders
EconomyToday, we are proud to announce that, with the trust of the government of the Islamic Republic of Iran and the decision of the assembly of shareholders of IKCO Industrial Group, the management of IKCO has been handed over to a consortium of non-governmental shareholders who own the majority of the company’s shares for many years.
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Iran’s oil output to rise by 40,000 bpd with new desalination plant in Ahvaz
EconomyIran’s oil production capacity is set to rise by 40,000 barrels per day (bpd) following the launch of a desalination plant in the country’s southwest, Oil Minister Mohsen Paknejad has announced.
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VTB to become first Russian bank to open branch in Iran
EconomyRussia’s second largest bank, VTB, has said it is scheduled to convert its Tehran office into a branch.
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CBI chief: Iran-Russia monetary agreement becomes operational
EconomyGovernor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin announced that the monetary agreement between Iran and Russia has become operational.
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Iran, Iraq call for enhanced cooperation in electricity industry
EconomyIran’s Energy Minister Abbas Aliabadi and Iraq’s Minister of Electricity Ziad Ali Fadel have underscored the importance of expanding cooperation in the electricity sector.
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Gen. Soleimani followed path of ‘the righteous’: Iraqi PM
EconomyIraqi Prime Minister Mohammed Shia al-Sudani has paid tribute to the late Lieutenant General Qassem Soleimani, hailing Iran’s legendary commander as a “man of God” who stood firm by the Iraqi nation during its most challenging times.
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Iran’s civil aviation welcomes proposed increase in flights from Saudi Arabia
EconomyThe Civil Aviation Organization of Iran has expressed its support for a proposal to increase the number of flights from Saudi Arabia to Iran as part of bilateral agreements.
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Iran’s cenbank refutes claims of reduced reserves, import issues
EconomyThe Central Bank of Iran (CBI) has dismissed claims about a reduction in foreign currency reserves and the inability to support imports until the end of the Iranian calendar year on March 20.
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Iran rejects decline in crude oil export
EconomyThe CEO of National Oil Company stressed that the news of Iran's crude oil export decline published online is false and unreal.
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Iran ready to share agricultural technology with Uzbekistan: Minister
EconomyIranian Minister of Agriculture Gholamreza Nouri Ghezeljeh has stated that the Islamic Republic of Iran is prepared to enhance cooperation with Uzbekistan in sharing agricultural experiences and technology.
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Al Mayadeen: No change in Syria battlefield map in past three days
EconomyLebanon’s Al Mayadeen news network has dismissed reports of further advance by terrorist groups fighting the Syrian government, saying that the battlefield map has not changed in the past three days.
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Iranian, Saudi FMs discuss Syria developments
EconomyIran’s Foreign Minister Abbas Araghchi has met with his Saudi counterpart Faisal bin Farhan Al Saud, discussing developments in West Asia, including the ongoing fighting in Syria.
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Minister: Iran plans to organize cryptocurrencies not limiting them
EconomyIran’s Minister of Economic Affairs and Finance Abdolnaser Hemmati has said that the government intends to organize digital currencies and cryptocurrencies instead of putting limitations on them.
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Iran has balanced view on ties with other countries: Gov't Spox
EconomyIranian Government Spokeswoman Fatemeh Mohajerani has emphasized that the Islamic Republic has a balanced view on expanding ties with all countries, but neighboring and Eastern nations are a priority.
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Iran's economy min. departs for Riyadh to attend WAIPA meeting
EconomyIran’s Minister of Economic Affairs and Finance Abdolnaser Hemmati has left Tehran for Riyadh, Saudi Arabia, to participate in the World Association of Investment Promotion Agencies (WAIPA).
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The 5th Laser, Photonics and Quantum is ready to start
EconomyThe 5th Iran Laser, Photonics and Quantum Specialized Exhibition will be held from November 3 to 6, 2024 at the Permanent Site of Tehran International Exhibitions.
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Tehran calls for provision of roadmap for 15m metric-ton transit with Baku
EconomyMinister of Roads and Urban Development Farzaneh Sadegh has called for the provision of a roadmap for reaching the annual 15 million metric tons of transit between Iran and Azerbaijan.
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Passenger traffic at Iran’s main airport up 15% y/y in H1 calendar year
EconomyImam Khomeini International Airport registered 30,000 aircraft flights and served 4.674 million passengers in the first half of the Iranian calendar year (March 21 to September 21).
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Fear from Iran's possible attack leads Netanyahu to bunker: Zionist media
EconomyThe Zionist regime's media have reported that the apprehension of the possible attacks by the Islamic Republic of Iran and the Resistance groups has led Israeli prime minister Benjamin Netanyahu to the underground shelters.
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Iran seeking to link Chabahar port to key railway network: Minister
EconomyIran’s Minister of Roads and Urban Development says the Chabahar port (Shahid Beheshti port) in southeastern Iran will be connected to the Chabahar-Zahedan Railway by the end of the current Iranian year (March 2025).
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Ahvaz-Andimeshk Railway completed
EconomyThree infrastructure projects are inaugurated today via video conference with the presence of Mohammad Mokhber, the acting president of Iran, and Minister of Roads and Urban Development.