News
2024-04-28
Iran’s Electricity Exchange Capacity with Neighbors to Increase to 5,000MW.
The chief executive of Iran’s Power Generation, Distribution and Transmission Company (known as TAVANIR) said the country’s capacity for electricity exchange with neighboring countries will increase to 5,000 megawatts.
2024-04-28
Iran Launches SWIFT-Like System, Do Business with 10 States Using Local Currencies.
The head of the Trade Promotion Organization of Iran (TPOI) said the country has established a SWIFT-like financial system to do business with a number of countries.
2024-04-28
Iran’s Export of Agricultural Products Surpasses $6.2 Billion.
Iran’s export of agricultural products in the previous Iranian calendar year (ended March 19, 2024) exceeded $6.2 billion given an increase in demand for Iranian products at foreign target markets, an official said.
2024-04-27
Iran Ready to Establish Trade-Economic Cooperation with All Countries.
Iran’s minister of industry, mine and trade expressed his ministry’s readiness to forge trade and economic cooperation with all countries.
2024-04-27
Iran Exports $500 Million of Textiles Overseas in One Year.
About $500 million of textile products were exported from Iran in the previous Iranian calendar year (March 21, 2023 to March 19, 2024).
2024-04-27
Iran Exports Products to 39 African States in One Year.
Iran exported products to 39 African countries in the previous Iranian calendar year (March 21, 2023, to March 19, 2024), the spokesman for the Trade Promotion Commission of Iran’s House of Industry, Mine and Trade said.
2024-04-27
Free trade zones ; Driving forces of the country's economy.
At the national conference of special industrial and economic free zones across the country: For a long time, different governments, planners and policy makers have highlighted the effect and role of free zones in the country's macroeconomy, but we have never seen a documented and stable policy...
2024-04-27
Minister calls for establishing secretariat of Iran-Africa Economic Cooperation Conference.
Iran’s Minister of Industry, Mine, and Trade Abbas Aliabadi has stressed the significance of “win-win trade” with African nation, urging the need for establishing the secretariat of Iran-Africa Economic Cooperation Conference in his respective ministry.
2024-04-27
Discover the masterpiece of Iranian engineers in Sri Lanka From the beginning to the end of Umaawiya.
"Omavia" is the largest hydraulic project in Sri Lanka, on which the names of Iranian engineers as competent executors have been engraved.
2024-04-27
Iran to Dispatch 11 Commercial Envoys to Africa to Spur Trade.
The head of the Trade Promotion Organization of Iran (TPOI) said the organization will send 11 more commercial attaches to Africa to strengthen trade and economic ties with African states.
2024-04-24
West Asian States' Businesspersons Welcome ‘Iran EXPO 2024.
The director general of the West Asia Office of the Trade Promotion Organization of Iran (TPOI) hailed the warm reception of the 6th Export Potentials Exhibition of the Islamic Republic of Iran dubbed “Iran Expo 2024” by businesspersons and merchants in West Asia.
2024-04-24
Pakistan Wants Operation of IP Gas Pipeline Project, Iran’s Oil Minister Says.
The Iranian oil minister said that Pakistan is keen to operate the Iran-Pakistan Gas Pipeline Project known as the peace pipeline.
2024-04-23
Iran will soon be connected to the Russian credit card network.
The commercial advisor of the Iranian Embassy in Russia announced on Monday in a conversation with the Izvestia newspaper: It is likely that in the coming months Iran will be connected to Mir Russia's credit and debit card network.
2024-04-23
Qeshm Island to Host 1st 'ISBE 2024' Event Next Month.
Iran’s Ministry of Agriculture announced that the First Iran Sea-Based Economy International Matchmaking Event (ISBE 2024) will be held from May 14 to 16, 2024, on the southern Iranian island of Qeshm.
2024-04-23
Iran-China trade exchange at $4b in Q1 2024.
Chinese customs announced on Monday that there was $4 billion worth of trade exchange between Iran and China in the first quarter of this year.
2024-04-23
Iran’s nominal power generation capacity exceeds 92,800 MW.
The nominal capacity of Iran’s power plants has reached 92,841 megawatts (MW), according to the latest data released by Iran Grid Management Company (IGMC).
2024-04-23
Quarterly exports to Pakistan rise 16% yr/yr.
Iran’s exports to its neighbor Pakistan increased by 16 percent in the first three months of 2024 compared to the same period last year to reach $286 million, data released by Pakistan’s Ministry of Commerce showed.
2024-04-23
Tehran, Islamabad to Develop Border Terminals, Increase Direct Flights.
The Iranian minister of roads and urban development said Iran and Pakistan are determined to upgrade the border terminals and increase the number of direct flights between the two countries.
2024-04-22
IRCS to Become BRICS Health Working Group Chair.
The Iranian Red Crescent Society (IRCS) will become the chair of the health working group of the BRICS group of emerging economies.
2024-04-22
Tehran, Doha to ink new contracts in energy sector.
Iran and Qatar plan to ink new contracts in the near future to boost bilateral ties in the energy sector, an official with Iran’s Ministry of Energy said.
2024-04-22
Iran, Syria call for implementing joint industrial projects.
An Iranian delegation currently in Damascus has met with Syrian government officials to discuss the implementation process of joint industrial projects, with both sides emphasizing the need to boost economic cooperation, especially among private companies of the two countries.
2024-04-21
Afghanistan’s 1st Rail Cargo Exported to Turkey via Iran.
Afghanistan's first export shipment containing 1,100 metric tons of mineral ore was exported by train from Roznak station to Turkey via Iran.
2024-04-21
Iran to Host Economy Ministers of African Countries .
Iran will host economy ministers from more than 40 African countries at the second Iran-Africa International Summit set to be held later this month, an official at the Trade Promotion Organization of Iran (TPOI) said.
2024-04-21
Home-made train to join Iranian subway fleet in 2 weeks.
Iran’s Vice President for Science, Technology and Knowledge-based Economy Rouhollah Dehghani Firouzabadi says the construction of a domestically-made train has made 85 percent development and the train is expected to join the subway fleet within the next couple of weeks.
2024-04-21
Road Transit of Goods via Iran Up 54% in One Year.
The statistics of the Ministry of Roads and Urban Development indicated that 14.3 million tons of goods were transited from the country in the road sector in the previous Iranian calendar year (ended March 19, 2024), showing a 54% growth compared to a year earlier.
2024-04-20
Tehran, Doha to Ink New Contracts in Energy Sector.
Iran and Qatar plan to clinch new contracts in the near future to boost bilateral ties in the energy sector, an official at Iran’s Ministry of Energy said.
2024-04-20
Export of $6.7 billion from the steel chain in 2023.
The country's steel chain exports throughout 2023 increased both in volume and riyal terms compared to the same period of the previous year.
2024-04-20
Exclusive News: Realization of more than 100% employment in Sirjan Special Economic Zone in 1402 (Iranian solar year).
According to employment reports recorded at the end of 1402 in the National Employment Monitoring System, the executive body of the Sirjan Special Economic Zone was able to achieve 100% of its employment commitment, which is determined annually by the province's Jobs and Investment Task Force. year.
2024-04-20
Iran to set new record in oil, gas production this year.
Iranian Oil Minister Javad Oji has said Iran recorded a 20 percent increase in oil and gas production in the previous Iranian calendar year 1402 (March 21, 2023- March 19, 2024), predicting a higher production this year.
2024-04-20
Import of 8 to 10 thousand electric cars into the country in the next 3 months.
The director of the electric vehicle project of the Ministry of Industry, Mines and Trade announced the import of 8-10 thousand electric vehicles into the country in the next 3 months.
2024-04-17
Iran’s East Azarbaijan Exports over $360 mln of Agricultural Products.
The head of the Agricultural Organization of Iran’s East Azarbaijan province said more than $360 million of the agricultural products were exported from this province to 35 countries in the previous Iranian calendar year (ended March 19, 2024).
2024-04-17
The presence of more than 2,000 trading companies at the 6th Iran Expo.
The Minister of Industry, Mines and Trade said: High-ranking officials from 70 countries were invited to visit the sixth Export Capabilities Expo (Iran Expo 2024).
2024-04-17
Transit of Goods via Iran’s Astara Border Up 184%.
The director general of the transit office of Iran’s Road Maintenance and Transportation Organization said over one million tons of goods were transited from the Astara Border Terminal in the previous Iranian calendar year (ended March 19, 2024).
2024-04-17
Iran’s Mazandaran Exports over $28 Million of Citrus Fruits to 16 Countries.
The observer of the customs offices of Iran’s Mazandaran province said more than $28 million of citrus fruits were exported from the customs offices of this northern province to 16 countries in the previous Iranian calendar year (ended March 19, 2024).