News
2025-08-18
ICCIMA head sees direct FATF talks as lifeline for business community.
The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said the resumption of direct talks between Iran and the Financial Action Task Force (FATF) after six years offers a ray of hope for the country’s business community, stressing that economic diplomacy led by the...
2025-08-18
2 projects turning Iran’s eastern provinces into transit hub.
Iran’s eastern provinces are becoming a transit hub with the commissioning of two mega projects aimed at enhancing transportation infrastructure and promoting trade development.
2025-08-18
ran’s Flare Gas Recovery Project to Save $700 Million, President Says .
Iranian President Masoud Pezeshkian said a new flare gas recovery project in several refineries in the western province of Ilam will save around $700 million annually and help cut environmental pollution.
2025-08-17
Plan Devised for Hike in Iran’s Oil Output .
Iran has drawn up a plan to increase oil production by 250,000 barrels per day.
2025-08-17
Iran Ready for Closer Cooperation with EAEU .
Iranian Vice President Mohammad Reza Aref expressed the country’s readiness for stronger relations with the Eurasian Economic Union (EAEU) in a broad range of fields.
2025-08-17
Iran’s stock markets report major rise in foreign investment .
Figures by Iran’s stock market authority show foreign investment in the market nearly doubled in the year to late July.
2025-08-17
Russia, Iran discuss Rasht-Astara railway construction .
Russia is carrying out survey work for the construction of the Rasht-Astara railway section on land plots already purchased by the Iranian government, Russian Deputy Prime Minister said.
2025-08-16
Tehran, Nairobi set $1b trade goal after joint committee meeting.
Iran and Kenya signed eight cooperation agreements at the close of their seventh Joint Economic Committee meeting, setting a target to raise bilateral trade from the current $150 million to $1.0 billion in the near future.
2025-08-16
Russia, Iran discuss Rasht-Astara railway construction.
Russia is carrying out survey work for the construction of the Rasht-Astara railway section on land plots already purchased by the Iranian government, Russian Deputy Prime Minister said.
2025-08-16
Plan Devised for Hike in Iran’s Oil Output .
Iran has drawn up a plan to increase oil production by 250,000 barrels per day.
2025-08-16
Iran, Kenya set $1 billion annual trade target.
Iranian minister of agriculture says that Tehran and Nairobi have set for the annual $1 billion trade target.
2025-08-16
Iran’s 1st VP Aref to travel to Kyrgyzstan for EAEU session .
Iran's First Vice President Mohammad Reza Aref will travel to Kyrgyzstan on Thursday at the head of a high-ranking delegation to participate in the Eurasian Economic Union (EAEU)’s Prime Minister session.
2025-08-13
Emphasis on Activating the Capabilities of the Iran-Eurasian Free Trade Agreement
The Director General of the Iranian Trade Development Organization stated: During a meeting to familiarize themselves with the capabilities of the Eurasian Free Trade Agreement in the field of petrochemical and steel products, the Deputy Minister of Trade and Industry described this trade...
2025-08-13
China Creates World’s No. 1 Shipbuilder, Driven by Rivalry With U.S. .
China State Shipbuilding And China Shipbuilding Industry Merge In $16 Billion Merger August 2025,
2025-08-13
Iran, Turkmenistan agree to build 2 new rail lines at Sarakhs border.
Iran and Turkmenistan have agreed to construct two new railway lines at the Sarakhs border crossing to ease freight congestion and boost rail trade, the head of the Islamic Republic of Iran Railways said after meeting Turkmenistan’s railway minister.
2025-08-13
Iran-Kenya 7th Joint Economic Committee meeting opened in Nairobi.
Iran and Kenya have launched their seventh joint Economic Committee meeting in Nairobi aimed at deepening economic ties, with both sides setting a target to boost annual trade to $1.0 billion from the current $150 million, Iran’s agriculture minister said.
2025-08-12
Facilitating the Export Process Through Export Consortia.
The Deputy Director of International Business Promotion at the Trade Development Organization of Iran said: During the award ceremony for exemplary exporters in Qazvin Province, he highlighted the Trade Development Organization of Iran's approach to export-led development, emphasizing the use...
2025-08-12
Foreign investors in Iran’s stock market rise to 5,100.
The number of active foreign investors in Iran’s stock market reached 5,100 by the end of the fourth Iranian calendar month of Tir (July 22), up from 4,839 a year earlier, data from the Research, Development and Islamic Studies Department of the Securities and Exchange Organization (SEO) showed.
2025-08-12
Business environment index shows improvement in spring.
Iran’s national business environment index improved marginally in the spring to 5.95 from 6.01 in the winter, on a scale where 10 is the worst score, the Iran Chamber of Commerce, Industries, Mines and Agriculture’s (ICCIMA) research center said.
2025-08-12
Iran cuts its agricultural import bill by 50%
Iran’s agriculture minister says the country has cut its agricultural imports bill by more than a half amid the government's tighter currency controls.
2025-08-12
Tehran to host 35th Islamic Banking Conference.
The 35th Islamic Banking Conference will be held in Abbas Abad Museum Garden Building of the Central Bank of Iran (CBI) on September 16-17, 2025.
2025-08-12
Iran’s export of steel, iron up 13% in 4 months.
Iran Steel Producers Association (ISPA) said the country’s export of steel and iron in first four months of the current Iranian calendar year (started Mar. 21) showed a 13 percent growth compared to the same period last year.
2025-08-12
Iranian Coast Guard Seizes Foreign Tanker Smuggling Fuel in Persian Gulf.
The Iranian Border Police’ maritime forces captured a foreign oil tanker in the Persian Gulf that was carrying over 2 million liters of smuggled diesel.
2025-08-11
Transforming Free Zones into Pilot Projects for the Implementation of the National Productivity Document.
In accordance with the First Vice President's announcement of the National Productivity Document, a memorandum of understanding was signed between the Secretariat of the Supreme Council of Free Zones and Special Economic Zones and the National Productivity Organization of Iran. This agreement...
2025-08-11
UAE, Iran’s 3rd top non-oil export destination.
The United Arab Emirates (UAE) was Iran’s third top non-oil export destination during the first four months of the current Iranian calendar year (March 21-July 22), the Islamic Republic of Iran Customs Administration (IRICA) reported.
2025-08-11
Iran Plast exhibit to drive downstream growth, non-oil exports.
The managing director of the National Petrochemical Company (NPC) said on Sunday that the International Exhibition of Plastic, Rubber, Machinery, and Equipment (IRAN PLAST) provides a platform for developing the domestic value chain and producing finished goods, which play a key role in increasing...
2025-08-11
Solar power output jumps 71% in 4 months.
Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) said on Saturday that electricity generation from solar power plants rose by 71 percent in the first four months of the Iranian year starting March 20, compared to the same period last year.
2025-08-10
Activities of 23 Trade Advisors of the Iranian Trade Development Organization in Export Target Countries.
The Advisor to the Director General of the Iranian Trade and Development Organization presented: Farzad Pilten, discussing the missions of the trade advisors of the Iranian Trade Development Organization, presented the activities of 23 trade advisors of the Iranian Trade Development Organization...
2025-08-10
Government aims to cut average customs clearance to 3 days.
Iran plans to reduce the average time for customs clearance to three days through major reforms in the sector, the economy minister said.
2025-08-10
Iran resumes direct talks with FATF after 6-year hiatus.
The Financial Intelligence Center said the Financial Action Task Force (FATF) has formally invited Iran to direct negotiations for the first time in six years, as the country moves to normalize its status with the global watchdog.
2025-08-10
Modi, Lula discuss Trump's tariffs amid strained US ties.
Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva have spoken by phone regarding various issues, including the tariffs recently imposed by the United States on goods from both nations.
2025-08-10
https://www.lyrarc.com/section/business/.
China will continue pursuing a reasonable policy and carry out energy cooperation with all countries, including Russia, Official Spokesman of the Chinese Foreign Ministry, Guo Jiakun, said.
2025-08-09
The Inchebron Free Zone will become an international trade and logistics hub.
CEO of the Inchebron Free Zone: At a ceremony honoring journalists and economic stakeholders in the zone, he presented a comprehensive report on the measures taken and outlined the region's vision as an international trade and logistics hub, along global transit and economic corridors.
2025-08-09
China to continue energy cooperation with all countries.
China will continue pursuing a reasonable policy and carry out energy cooperation with all countries, including Russia, Official Spokesman of the Chinese Foreign Ministry, Guo Jiakun, said.