TEHRAN - The Special Assistant to the Deputy Oil Minister for Petrochemical Affairs has announced that Iran’s total nominal petrochemical production capacity must reach 131.5 million tons by the end of the 7th Development Plan. Achieving this goal will require an estimated $24 billion in investment, making innovative financing models essential.

TEHRAN - President Masoud Pezeshkian emphasized the urgent need for implementing a nationwide electronic system to assign identification codes to all domestically produced and imported goods, saying it could significantly curb smuggling, prevent hoarding, and reduce national costs.

TEHRAN - The 25th International Building Industry Exhibition, the largest and most prestigious event of its kind in Iran and the Middle East, will be held from August 17 to 20 at the Tehran International Permanent Fairground.

TEHRAN - The Deputy for International Business Development at Iran’s Trade Promotion Organization announced the launch of an "Export Readiness Assessment" (ERA) program aimed at supporting small and medium-sized enterprises (SMEs), backed by the organization. He highlighted that the current average export value per ton of Iranian goods stands at $370 to $380, but this figure could rise to approximately $1,200 if raw material exports were eliminated.

TEHRAN - The Vice President of the Iran Chamber of Commerce has proposed the establishment of export consortia based on small and medium-sized enterprises (SMEs) in the industrial province of Qazvin, aiming to boost the region’s economic potential.

TEHRAN - Iran’s dairy industry, a key player in the nation’s food sector and daily diet, is facing a mix of opportunities and challenges — from electricity outages and tight competition to significant export growth. According to Mohammad Farbod, spokesperson for the Iranian Dairy Products Industries Association, the sector has maintained full domestic supply while expanding its international reach.

Araghchi criticized the “shameful silence” of Western governments after Israel killed five journalists, including Al Jazeera reporters, in Gaza City.

The third meeting of the Coordination Headquarters for Foreign Economic Relations was held with the presence of Foreign Minister Abbas Araghchi.

President Masoud Pezeshkian expressed gratitude to all members of the Academic Center for Education, Culture and Research (ACECR), noting that the administration will be able to solve many issues with their cooperation.

The Foreign Ministry reacted to the recent Trump-brokered peace deal between Azerbaijan and Armenia, saying that Iran welcomes the agreement, but at the same time, is concerned about the negative consequences of foreign interference near common borders.

The Foreign Ministry spokesperson said that the Israeli regime's plan to fully occupy Gaza and forcibly displace its people is another sign of that regime's intention to commit genocide in Palestine.

Qalibaf said the Constitutional Revolution marked one of the most significant chapters in modern Iranian history.

Seeking to grab the remaining two spots in the AFC Champions League Elite 2025-26 will be China's Chengdu Rongchen, Bangkok United of Thailand, Qatar's Al Duhail SC and Sepahan of Iran.

The Iranian national Greco-Roman wrestling team collected three gold, and three silver medals as well as one bronze medal in Romania.

Iranian karate athlete Saleh Abazari claimed a bronze medal in the 2025 World Games on Saturday.

Iranian young winger Saeed Saharkhizan joined Esteghlal football club on Friday.

French goalkeeper Anthony Louis Mandrea has reportedly been linked with a transfer to Iran’s Tractor.

Spain defeated Iran 3-2 (23-25, 25-23, 15-25, 25-21, 15-10) in the 2025 FIVB Volleyball Boys’ U-19 World Championship bronze-medal match on Sunday.

Local officials in Iran's southern city of Bandar Abbas said that the Tuesday morning explosion there was cased by controlled road construction activity.

Armed terrorists attacked the provincial judiciary department in Sistan and Baluchestan Province, southeastern Iran. Officials said the attack left at least six people dead, and all members of the Israel-linked group were neutralized.

Pezeshkian and Qalibaf attended a ceremony to pay homage to those Iranians who lost their lives in the 12-day war imposed by Israel on Iran.

President Pezeshkian has attended the funeral held for nearly 60 individuals who were martyred in the Israeli attacks on Iran.

Iranian authorities have arrested two suspects in the fatal stabbing of Judge Ehsan Bagheri, a senior Judiciary spokesman announced on Saturday.

Saudi police have arrested Gholam-Reza Qassemian, an Iranian pilgrim, in Medina, western Saudi Arabia.

The latest security operations in August led to the discovery of over 210 firearms in three separate missions in the southeastern Iranian province.

Defense Minister Brigadier General Aziz Nasirzadeh said that Iran and Pakistan are committed to defending each other on the international stage.

Defense Minister Brigadier General Aziz Nasirzadeh and his Russian counterpart, Andrei Belousov, held a strategic meeting in Moscow, Russia.

Rear Admiral Mousavi said Iranian forces managed to secure the country’s skies by utilizing existing systems and installing new ones following recent attacks.

Top commanders said the Armed Forces of Iran totally ready to defend the country and nations.

The Defense Minister said that has different scenarios for any new act of adventurism.