Sunday, 6 April , 2025
Tourism Plays Significant Role in Boosting Iran’s Economy 25 Feb 2025

Tourism Plays Significant Role in Boosting Iran’s Economy

TEHRAN - Judiciary Chief, Hojatoleslam Gholamhossein Mohseni Ejei, emphasized the vital role of tourism in strengthening the country’s economy and creating sustainable employment during a speech at the closing ceremony of the 9th Fajr International Handicrafts Festival (Silver Cypress) on Monday evening. Speaking to attendees, he urged authorities to maximize the potential of the tourism industry to increase foreign currency reserves.

Iran Plans to Boost Oil Production by 400,000 Barrels by Next Summer 24 Feb 2025

Iran Plans to Boost Oil Production by 400,000 Barrels by Next Summer

TEHRAN - The CEO of the National Iranian Oil Company (NIOC), Hamid Bord, announced an ambitious plan to increase oil production by 400,000 barrels per day by September 2025. Speaking at the third PetroTech Conference, Bord urged knowledge-based companies to contribute to enhanced oil recovery projects, emphasizing the integration of modern technology into the oil and gas sector.

Iran and Russia Form Joint Committee to Boost Mining Cooperation 24 Feb 2025

Iran and Russia Form Joint Committee to Boost Mining Cooperation

TEHRAN - The head of Iran’s Mines and Mining Industries Development and Renovation Organization (IMIDRO), Mohammad Aghajanlou, announced the formation of a joint committee between Iran and Russia to implement a cooperation agreement on mining and mineral industries. The committee will include representatives from Iran’s Ministry of Industry, Mine and Trade, IMIDRO, the Geological Survey and Mineral Exploration Organization of Iran, as well as Russia’s Zarubezhgeologia company.

Iran Exports Oil Without Hormuz Strait Dependency Through Gureh-Jask Pipeline 24 Feb 2025

Iran Exports Oil Without Hormuz Strait Dependency Through Gureh-Jask Pipeline

TEHRAN - In a significant milestone for Iran’s oil industry, the CEO of the Pars Oil and Gas Company, Touraj Dehghani, announced that the Gureh-Jask crude oil pipeline project has enabled Iran to export oil without relying on the strategic Strait of Hormuz. Speaking at the third PetroTech conference on Sunday, Dehghani highlighted the project’s technological achievements and its potential as a benchmark for future endeavors.

Gas Condensate Exports to Halt for Two Years 23 Feb 2025

Gas Condensate Exports to Halt for Two Years

TEHRAN - The CEO of the Pars Special Economic Zone has announced that gas condensate exports will be halted for the next two years as part of a broader effort to reduce gas flaring and increase domestic processing capacity.

Iran Suspended from Green Card Convention Due to Banking Restrictions 23 Feb 2025

Iran Suspended from Green Card Convention Due to Banking Restrictions

Iran Suspended from Green Card Convention Due to Banking Restrictions TEHRAN (Iran News) TEHRAN – The Governor of the Central Insurance of Iran has cited banking transaction restrictions as the primary reason for Iran’s suspension from the Green Card Convention. He stated that the Green Card Office in Iran has become independent of the Central Insurance […]

Iran Ranks Second After China in Fastest Strategic Industrial Growth 23 Feb 2025

Iran Ranks Second After China in Fastest Strategic Industrial Growth

TEHRAN - Iran has achieved the second-fastest growth in strategic industries after China, particularly in the steel sector, reaching its projected goals for 2025, according to the Minister of Industry, Mining, and Trade.

Iran’s non-oil exports increase by 18% in 10 months: IRICA 22 Feb 2025

Iran’s non-oil exports increase by 18% in 10 months: IRICA

The value of the country’s non-oil exports between March 20, 2024, and January 20, 2025, reached $47 billion, showing an 18% surge compared to the same period last year.

Iran Targets $10b Trade Vision With EAEU 22 Feb 2025

Iran Targets $10b Trade Vision With EAEU

TEHRAN - Minister of Industry, Mine, and Trade, Seyed Mohammad Atabak, announced that the country’s current trade with the Eurasian Economic Union (EAEU) stands at $3.6 billion, with a vision to expand this figure to $10 billion in the near future. The statement was made on Friday during the opening ceremony of the Eurasia Exhibition, attended by the President of Iran, highlighting the government’s commitment to bolstering foreign trade.

President Pezeshkian tours Eurasia Expo 2025 in Tehran 22 Feb 2025

President Pezeshkian tours Eurasia Expo 2025 in Tehran

President Masoud Pezeshkian visits the Eurasia Expo 2025, stressing the trade development with Eurasian countries.