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Today 19:08
Iran, South Korea to strengthen building industrialization cooperation at Tehran exhibition
TEHRAN- The International Exhibition of Building and Construction, set to be held in Tehran from August 18 to 21, will serve as a pivotal platform for deepening technological cooperation between Iran and South Korea, particularly in the field of building industrialization.
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Today 19:03
TCCIMA proposes private sector role in Hormuz governance model
TEHRAN- At the 12th meeting of the Corporate Governance Committee of the Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) held with the presence of a member of the National Security and Foreign Policy Committee of the Parliament, developments related to the governance of the Strait of Hormuz and the Persian Gulf, proposals put forward in policy-making bodies, as well as their effects on the private sector and the country's trade were examined.
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Today 18:57
‘US has taken global food security hostage by naval blockade of Iran’
TEHRAN- A member of the Iran Cooperative Chamber, regarding the potential impacts of the American naval blockade against Iran and the closure of the Strait of Hormuz, said: "It's not that we say this regime has blockaded Iran—no, it has practically taken the world hostage."
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Today 18:50
Small-scale power plant generation capacity increased by 260MW
TEHRAN- The Deputy for Planning and Economic Affairs of TAVANIR Company (Iran's Power Generation, Transmission, and Distribution Management Company) stated that despite the damages inflicted on a portion of the electricity industry's facilities during the recent imposed war, the generation capacity of small-scale power plants has increased from 1,430 MW at last year's peak load to over 1,692 MW this year.
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Yesterday 16:10
Intl. exhibit of building, construction draws interest with 1,000 companies registered
TEHRAN- The Deputy for Support and Planning of the Iran Cooperative Chamber announced that nearly 1,000 companies have registered to participate in the International Exhibition of Building and Construction and said: This event will be held from August 18 to 21, focusing on introducing new technologies, developing trade exchanges, and holding specialized panels.
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Yesterday 16:06
TPO head, Pakistani ambassador discuss expanding Iran-Pakistan trade ties
TEHRAN- Head of the Trade Promotion Organization of Iran (TPO), in a meeting with Pakistan's Ambassador to Iran, while emphasizing the importance of facilitating the activities of the private sector in both countries, stressed the necessity of utilizing existing capacities to develop and deepen the economic and commercial relations between Iran and Pakistan.
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Yesterday 16:00
‘Shifting export track from raw material sales to finished goods, a necessity’
TEHRAN- The Head of the Trade Promotion Organization of Iran (TPO), during a meeting with representatives and the board of directors of the Iran Guilds Chamber, announced the formulation of a new roadmap for a leap in non-oil exports and emphasized the strategic necessity of transitioning from raw and semi-raw material exports to high-value-added finished goods.
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Yesterday 15:55
Renewable power generation capacity to hit 12,000MW by next March
‘Shifting export track from raw material sales to finished goods, a necessity’ TEHRAN- The Head of the Trade Promotion Organization of Iran (TPO), during a meeting with representatives and the board of directors of the Iran Guilds Chamber, announced the formulation of a new roadmap for a leap in non-oil exports and emphasized the strategic necessity of transitioning from raw and semi-raw material exports to high-value-added finished goods. According to the Public Relations Department of the Trade Promotion Organization of Iran, this meeting was held with the aim of explaining new structures for guild participation in the international supply chain and examining operational solutions to remove administrative, currency, and regulatory obstacles facing guild exporters. The Head of the Trade Promotion Organization of Iran, pointing to the structural challenge of the country's trade balance from a qualitative perspective, stated: One of the fundamental and problematic issues in foreign trade is the low average value of export goods compared to import items. Currently, the average value per ton of the country's export goods is about $300, while this figure for imported goods reaches about $2,000 per ton. This deep gap indicates the continuation of the traditional approach and reliance on raw material sales in the country's economy. Emphasizing the need to enhance Iran's position in the global value chain, he added: A major portion of our non-oil exports is concentrated in upstream industries such as the steel chain, iron ore, pellets, and ingots, whose marketing and sales, due to the nature of raw materials, lack the scientific complexities of trade. In contrast, production and distribution guilds deal with a chain of finished and ready-to-consume goods (such as furnitu
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2026-07-31 17:46
Iran, Armenia seek to turn shared corridor into a trade engine
TEHRAN- In line with realizing transport diplomacy and developing regional trade, the Deputy Minister of Territorial Administration and Infrastructure of the Republic of Armenia met with the Head of Iran's Road Maintenance and Transportation Organization.
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2026-07-31 17:29
Tehran, Islamabad place emphasis on developing direct trade, increasing trade exchanges
TEHRAN- Imran Ahmed Siddiqui, Pakistan's Ambassador to Iran, and Mahmoud Najafi Arab, Head of the Tehran Chamber of Commerce, held a joint meeting with the presence of Hesameddin Hallaj, Deputy for International Affairs and Trade Development of the Tehran Chamber, Ayman Juwairiyah, Commercial and Investment Attaché of the Embassy of Pakistan in Iran, and Peyman Sanandaji, Head of the Transportation Committee of the Tehran Chamber.
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2026/07/31
By Mahnaz Abdi
Iran, Azerbaijan forge stronger economic ties with new customs agreement
TEHRAN – In a significant step toward deepening bilateral economic relations, Iran and the Republic of Azerbaijan have signed a customs cooperation memorandum of understanding aimed at facilitating and accelerating trade and transit between the two neighboring countries.
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2026/07/31
Trump's economic failure: 97,000 workers axed amid AI hype, negligence
TEHRAN- The Trump administration’s hollow "America First" rhetoric stands fully exposed today, as devastating new employment data reveals a labor market spiraling out of control under a visibly inept White House.
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2026-07-29 16:51
Iran, Pakistan emphasize developing cooperation centered on Chabahar-Gwadar
TEHRAN- The CEO of the Chabahar Free Zone Organization met with the new Pakistani ambassador and emphasized the development of Iran-Pakistan cooperation centered on Chabahar-Gwadar and the creation of the Rimdan-Gabd joint free zone.
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2026-07-29 16:49
Vietnam ready to invest in Mazandaran province
TEHRAN- The Governor of Mazandaran announced Vietnam's readiness to invest in the province and said: The economic, scientific, agricultural, and tourism capacities of both sides were explored in a meeting with the Vietnamese Ambassador to develop joint cooperation.
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2026-07-29 16:43
Iran, China vow to deepen strategic urban ties
TEHRAN- The Mayor of Tehran, in a meeting with the Chinese Ambassador to Iran, emphasizing the strategic position of Iran-China relations, called for deepening urban management cooperation and accelerating the implementation of joint projects, especially in the field of public transportation.
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2026-07-29 16:39
NDF allocates $1b in facilities to Agriculture Ministry for ensuring food security
TEHRAN – The head of the National Development Fund (NDF) announced the allocation of one billion dollars in foreign currency facilities to the Ministry of Agriculture to strengthen strategic reserves and ensure the country's food security.
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2026-07-28 20:12
TPO plans to review regulations to remove barriers to production, trade
TEHRAN- The head of Iran's Trade Promotion Organization (TPO), while emphasizing the need for continued interaction between the government and the private sector and the improvement of business processes, announced the organization's plan to amend and review trade-related regulations, remove domestic obstacles, and strengthen trade guarantee infrastructure with private sector participation.
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2026/07/28
By Mahnaz Abdi
Iran-Pakistan border development: New horizons for trade, regional connectivity
TEHRAN- Recent agreements between Iran and Pakistan represent a significant turning point in bilateral economic relations, with the shared border regions—particularly Iran's Sistan-Baluchestan province—emerging as the primary focal point for enhanced cooperation. With approximately 930 kilometers of shared border, Sistan-Baluchestan stands as Iran's only province with a land border with Pakistan, making it an indispensable gateway for bilateral exchanges.
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2026-07-28 19:52
Iran, Turkmenistan examine development prospect of transport, energy, infrastructure co-op
TEHRAN- Rashid Meredov, Minister of Foreign Affairs of Turkmenistan, and Farzaneh Sadegh, Minister of Transport and Urban Development of Iran, as the heads of the Turkmenistan-Iran Economic Cooperation Committee, held talks at the Ministry of Foreign Affairs of Turkmenistan in Ashgabat.
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2026/07/28
Foolish Iran war, empty promises have made Trump America's most contemptible president?
TEHRAN- The first eighteen months of Donald Trump's return to the White House represent nothing short of a catastrophic failure for the American people. Despite his grandiose promises of prosperity, lower prices, and a manufacturing renaissance, the Trump administration has delivered only economic instability, broken promises, and a dangerous war that threatens global stability.
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2026-07-27 18:09
Export terminals, effective infrastructure in facilitating, expanding non-oil exports
TEHRAN- Based on the approvals of the Cabinet of Ministers in various periods and in accordance with relevant upstream documents, export terminals have been defined as one of the infrastructures for the country's export development.
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2026-07-27 18:06
Annual tea production expected to increase by over 30%
TEHRAN- The Head of the National Tea Organization stated that with the increase in the guaranteed purchase price of green tea leaves and favorable weather conditions, tea production is expected to rise by more than 30 percent compared to the previous year.
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2026-07-27 18:02
First smartification project of oil fields to be implemented in Darkhovin
TEHRAN- The CEO of Arvandan Oil and Gas Company announced: The first smartification project of the country's oil fields will soon be implemented in the Darkhovin field.
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2026-07-27 17:57
Iran Chamber of Commerce calls on Pakistan to set up green corridor for trade
TEHRAN- Samad Hassanzadeh, the Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), said in a meeting with Imran Ahmed Siddiqui, the Pakistani Ambassador in Tehran, that trade between Iran and Pakistan does not have the necessary speed due to different customs mechanisms. He also proposed that Pakistan establish a green border corridor for the electronic transfer of documents.
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2026/07/26
By Pooya Firoozi & Morteza Soltanpour Abyaneh
South Korea's Post-Crisis Model Offers Lessons for Iran's Economic Resilience
TEHRAN- Iran can learn valuable lessons from South Korea's strategic response to the West Asia crisis and apply them to its own economic development framework. South Korea's journey from crisis management to future economic architecture offers a compelling case study for nations navigating geopolitical uncertainties, supply chain vulnerabilities, and technological transitions.
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2026-07-26 18:41
Drafting action plan begins for 6 national strategies to curb agricultural water crisis
TEHRAN- The Deputy for Planning and Economics of the Agricultural Research, Education and Extension Organization (TAT) announced the beginning of developing operational action plans for the 6 strategies communicated by the Ministry of Agriculture to manage water imbalance, and said: The first draft of these plans, with the participation of specialized deputies, researchers, and relevant experts, will be ready for presentation within the next month.
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2026-07-26 18:38
Pressure boosting plan in "Hub 1" of South Pars gas field kicks off
TEHRAN- The pressure boosting plan for "Hub 1" of the joint South Pars gas field has entered the implementation phase with the aim of maintaining production capacity, preventing reservoir pressure drop, resolving the country's gas imbalance, and safeguarding Iran's share in this gas field.
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2026/07/26
By Mahnaz Abdi
Iran, Armenia forge comprehensive energy partnership
TEHRAN – In a significant diplomatic push to deepen bilateral ties, Iran and Armenia have agreed on a sweeping new roadmap for energy cooperation, spanning electricity grid integration, hydroelectric development, and a fundamental overhaul of their gas-for-electricity trade mechanism.
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2026/07/26
How U.S. aggression against Iran ignites a global energy catastrophe
TEHRAN- The recent catastrophic surge in global energy prices is not a natural market cycle, nor is it a mere geopolitical accident. It is a direct, devastating consequence of the United States' belligerent foreign policy—particularly the provocative "maximum pressure" doctrine championed by Donald Trump and stubbornly perpetuated by the current Washington establishment.
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2026/07/25
By Abbas Yazdani
Why Aramco Stands Alone
An Investigation into the Persian Gulf Petrodollar Spillover Mechanism into U.S. Capital Markets
Introduction: Redefining the Geopolitics of Capital In traditional international political economy literature, the strategic posture of Middle Eastern energy titans is typically evaluated through the lens of supply security and price stabilization. Recent structural shifts in global financial markets, however, reveal a fundamental evolution in their core function: these mega corporations have transitioned from mere commodity suppliers into primary liquidity pumpers across Western financial arteries.