Wednesday, 8 January , 2025
  • Electricity Exchange Agreement With Pakistan Extended 08 Jan 2025

    Electricity Exchange Agreement With Pakistan Extended

    TEHRAN - Mustafa Rajabi Mashhadi, in an interview, emphasized that ensuring electricity supply for the Iranian people remains the primary priority of the Ministry of Energy. He noted that currently, Iran imports more electricity than it exports.

Iran’s renewables’ capacity hit 1.2 GW by September 05 Nov 2024

Iran’s renewables’ capacity hit 1.2 GW by September

The latest official figures demonstrate that the capacity of Iran’s renewable energy has reached 1.2 gigawatts (GW) by September.

Pezeshkian calls for completing unfinished foreign-invested projects 04 Nov 2024

Pezeshkian calls for completing unfinished foreign-invested projects

Iran’s President Masoud Pezeshkian has emphasized the need for accelerating the completion of unfinished projects launched on joint foreign investment with foreign companies, especially the projects in the energy sector.

IMF predicts economic growth, inflation reduction for Iran 04 Nov 2024

IMF predicts economic growth, inflation reduction for Iran

The International Monetary Fund (IMF) has reassessed Iran's economic outlook, improving its forecasts for both inflation and economic growth compared to previous reports.

Iran reports 12-fold increase in car imports 02 Nov 2024

Iran reports 12-fold increase in car imports

Car imports to Iran have increased 12-fold from March 20 to October 31, the Islamic Republic of Iran Customs Administration (IRICA) reported.

Iran’s IKA reports major rise in Istanbul route flights after EU sanctions 02 Nov 2024

Iran’s IKA reports major rise in Istanbul route flights after EU sanctions

The CEO of Imam Khomeini Airport (IKA), Saeed Chalandari, says Tehran has operated 366 flights to and from Istanbul after the European Union (EU) imposed sanctions on Iran.

Parliament grants approval to Iran gov’t for surging quota in IMF 30 Oct 2024

Parliament grants approval to Iran gov’t for surging quota in IMF

Members of the Iranian parliament have granted the government of President Masoud Pezeshkian the authorization to increase Iran’s quota in the International Monetary Fund (IMF).

Outlook for $5b Trade Between Iran and Uzbekistan 30 Oct 2024

Outlook for $5b Trade Between Iran and Uzbekistan

TEHRAN - The head of Iran’s Trade Development Organization’s Central Asia, Caucasus, and Russia Office outlined a long-term vision of achieving $5 billion in trade between Iran and Uzbekistan, announcing the initial agreements for a preferential tariff agreement between the two countries.

Iran and Turkey Play Key Roles in East-West Trade and Energy Transit 30 Oct 2024

Iran and Turkey Play Key Roles in East-West Trade and Energy Transit

TEHRAN – During the National Day of the Republic of Turkey ceremony in Tehran, Iran’s Minister of Roads and Urban Development, Farzaneh Sadeghi, highlighted the pivotal role of Iran and Turkey in East-West trade and energy transit. As the head of the Iranian-Turkish Joint Economic Cooperation Commission, Sadeghi attended the celebration on Tuesday night, extending congratulations to Turkey's government and people on their National Day (October 29) and expressing hopes for the country's prosperity.

Iran Considering Significant Rise in Defense Budget 30 Oct 2024

Iran Considering Significant Rise in Defense Budget

The administration of Iranian President Masoud Pezeshkian has proposed to raise defense spending by 200 percent in the next year’s budget plan, a spokesperson said.

China wants to bolster trade ties with Iran 29 Oct 2024

China wants to bolster trade ties with Iran

Chinese Ambassador to Iran Cong Peiwu has emphasized that China is willing to strengthen trade ties with Iran in all fields.