TEHRAN - Iran ranks 64th in the world in railway network development, according to Mohammadreza Rezaei Kouchi, head of the Iranian Parliament's Civil Commission. Speaking at a private sector investment ceremony in the country's passenger rail industry, Kouchi emphasized the need for a more strategic focus on expanding the rail sector as part of Iran’s broader economic and infrastructure goals.

TEHRAN - In a significant policy proposal at a recent meeting of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), its President, Samad Hassanzadeh, called for the establishment of a Special Economic Measures Taskforce, led by the Government-Private Sector Dialogue Council, to address the country’s economic challenges amid ongoing conflict and international sanctions.

TEHRAN - The head of Iran's Travel Agencies Association has announced that Iranian travel service offices have sustained over 20 trillion rials (approximately $50m) in losses due to the 12-day war, following widespread trip cancellations. The agencies are now also indebted to numerous travelers who had prepaid for domestic and international flight tickets and hotel bookings.

TEHRAN - The head of the Carpet, Arts, and Handicrafts Commission at Iran’s Chamber of Commerce has raised the alarm over the extensive smuggling of Afghan carpets into Iran, calling it one of the major challenges facing the industry today.

TEHRAN - The Deputy Minister of Finance of Russia announced the country's support for the Islamic Republic of Iran’s membership in the BRICS New Development Bank.

TEHRAN - The head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that, given Iran’s geographic location and existing production capacity in the mining and mineral industries sector, the country could increase its exports by 30–40%.

TEHRAN - Iran’s auto parts industry is facing an unprecedented crisis that threatens the jobs of nearly 400,000 workers and could severely strain the country’s social security system, warned representatives from the Iranian Auto Parts Manufacturers Association during a press conference held in Tehran.

TEHRAN - In his first official appearance at the Government–Private Sector Dialogue Council, Iran’s new Minister of Economic Affairs and Finance, Ali Madanizadeh, outlined his ministry’s top priority: strengthening the real private sector and increasing public participation in the national economy.

TEHRAN - Iran’s ports managed by the Ports and Maritime Organization handled a total of 53 million tons of goods during the first quarter of the year 1404 in the Iranian calendar (spring 2025). The volume of container operations during this period reached 750,000 TEU.

TEHRAN - President Masoud Pezeshkian on Sunday paid an unannounced visit to the Ministry of Petroleum, where he thanked the minister and senior managers for their efforts to ensure uninterrupted energy supply during wartime challenges and prevent shortages and disruptions.