NISOC signs 30 investment contracts to boost production, reduce flaring

TEHRAN- The Director of Investment and Business Development of the National Iranian Oil Company said: With the aim of increasing production, reducing gas flaring, and developing operational capacities, more than 30 investment contracts have been signed in National Iranian South Oil Company (NISOC).

Iran-Turkey agreement document for rail connection exchanged

TEHRAN- The Deputy Minister of Transport and Urban Development announced the exchange of the Iran-Turkey agreement document for rail connection at the Cheshmeh Soraya border.

TPO official outlines 2-year achievements in trade infrastructure, export development

TEHRAN- The Deputy Head of the Trade Promotion Organization of Iran (TPO), outlining the organization's most important actions and achievements over the past two years, identified the development of trade infrastructure, strengthening Iran's presence in target markets, targeted support for exporters, and facilitation of foreign trade processes as the main axes of the organization's activities.

Comprehensive housing plan being drafted at Ministry of Transport, Urban Development

TEHRAN- The financial and economic advisor to the Minister of Transport and Urban Development announced that a comprehensive housing plan is being drafted within the ministry, designed in two phases to serve as a roadmap that accounts for the sector's complexities—an initiative that had been neglected for years.

Greenhouse products exports rise 12% thanks to modern technology, water crisis management

TEHRAN- Despite sanctions and escalating international tensions, Iran's greenhouse product exports surpassed 770,000 tons in the past agricultural year, recording a 12% growth.

Intl. construction expo: A showcase of resilience, untapped cooperative potential

TEHRAN- The 26th International Exhibition of the Construction Industry was held during August 18-21 in various sectors, including building materials, equipment and machinery, doors and windows, elevators and escalators, mechanical and electrical installations, smart systems, safety equipment, architecture and modern designs, and knowledge-based products.

Iran's trade diplomacy surges with expansion of commercial attaché network

TEHRAN- The Director General of the West Asia Office at Iran's Trade Promotion Organization (TPO), elaborating on the organization's major achievements in the years 1403 and 1404 (2024–2025) announced unprecedented records in attracting trade delegations and developing export infrastructure.

Iranian, Afghan chambers of commerce discuss establishment of joint mining committee

TEHRAN- Ghadir Ghiafeh, Vice President of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), at a meeting with the Deputy of the Afghanistan Chamber of Commerce and Investment, proposed the establishment of a joint mining committee between the two chambers and the definition of a long-term program for cooperation in this field.

Production of 10m tons of greenhouse products targeted

TEHRAN- The Deputy Agriculture Minister for Horticulture Affairs announced the targeting of 10 million tons of production in the country's greenhouse sector and emphasized the necessity of moving from traditional methods toward advanced agriculture, along with removing infrastructural obstacles and active trade diplomacy for sustainable foreign currency generation.

Iran finalizes preferential trade agreement with Oman, sends to parliament for approval

TEHRAN- The Director-General of the West Asia Office of the Trade Promotion Organization of Iran (TPOI) announced that the preferential trade agreement with Oman has been finalized after completing administrative procedures and has been submitted to the Parliament for final review.

Transport minister details infrastructure resilience, housing plans during wartime crisis

TEHRAN- In a comprehensive press conference, Minister of Transport and Urban Development Farzaneh Sadegh detailed the resilience of Iran's transportation infrastructure during recent wartime crises, announced the neutralization of enemy plans to block transit routes, and outlined the government's housing agenda.

Iran, EAG, Uzbekistan forge ahead on financial intelligence cooperation

TEHRAN- A tripartite meeting of representatives from Iran, the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), and the Financial Information Center of the Republic of Uzbekistan was held virtually, focusing on the development of international cooperation in combating money laundering and financing of terrorism.

People's food security not disrupted even for a single hour in recent imposed wars: minister

TEHRAN- The Minister of Agriculture stated that during the two recent imposed wars, the enemy sought to undermine the Iranian people's resilience by threatening food security, and said: "People's food security was not disrupted even for a single hour in any part of the country, and with the measures taken, we witnessed no famine or shortages."

By Mahnaz Abdi

Iran-Malaysia relations advance through higher education cooperation

TEHRAN- On Tuesday, August 18, Muhammad Hamizam Kamaruzaman, the chargé d'affaires of the Malaysian Embassy in Tehran, met Abbas Qanbari Baghestan, the deputy head of the Students Affairs Organization of the Iranian Ministry of Science, Research and Technology, to explore ways to promote higher education cooperation to further advance bilateral relations.

Tehran hosting international exhibition of construction

TEHRAN- Over 600 domestic and foreign companies participated in the 26th International Exhibition of the Construction Industry at the permanent venue of Tehran International Exhibitions.

Non-oil export stands at $15b in near 5 months

TEHRAN- The head of Iran's Customs Administration said: Non-oil exports from the beginning of this Iranian year (March 21) until August 16 have reached nearly $15 billion, and imports have reached $17 billion, although compared to the same period last year, there has been an average decline of 24 percent.

South Pars first refinery ready for sustainable gas production

TEHRAN- The acting manager of South Pars First Refinery announced the successful completion of the refinery's major overhaul within one week and said: The refinery is now ready for sustainable production during the cold season.

Iran, Belarus to expand agricultural cooperation

TEHRAN- Iran’s Deputy Agriculture Minister for planning and Economy Affairs met with the Minister of Agriculture and Food of Belarus, emphasizing the development of bilateral cooperation in the fields of agricultural fertilizers, machinery, and joint investment.

Iran economy minister dismisses U.S. "unprecedented" threat as policy frustration sign

TEHRAN- In response to U.S. Treasury Secretary Scott Bessent’s recent warning that Washington would impose measures against Iran “never seen before,” Iran’s Economy Minister Seyed Ali Madanizadeh characterized the remarks not as a display of American strength but as an indication of policy frustration after repeated pressure campaigns have failed to yield their intended results.

CBI governor consults in Iraq on financial claims, technical co-op, strategic economic ties

TEHRAN- On the second day of his visit to Iraq, Abdolnaser Hemmati, the Governor of the Central Bank of Iran (CBI), met and held talks with Faleh Sari, Iraq's Minister of Finance, regarding outstanding financial claims, as well as technical and economic cooperation.

Iran urges agricultural cooperation among EAEU member states

TEHRAN- Iran’s Deputy Minister of Agriculture emphasized the development of agricultural cooperation, expansion of agricultural trade, and utilization of the capacities of the member states of the Eurasian Economic Union.

Iran, Armenia explore livestock imports, border investment in agricultural talks

TEHRAN- Iran's Deputy Minister of Planning and Economy of the Ministry of Agriculture, in a meeting with the Minister of Economy of the Republic of Armenia, emphasized the development of bilateral cooperation in the import of light livestock and utilization of Armenia's pasture capacities.

Korean ambassador hosts luncheon for Iranian GKS scholars amid wartime challenges

TEHRAN – The Cultural Section of the Embassy of the Republic of Korea in Iran (Cultural Attaché Ohk Nara) announced that on August 5, 2026, Kim Junpyo, Ambassador of the Republic of Korea to Iran, hosted a luncheon at his residence for students selected for the 2026 Korean Government Scholarship Program (GKS) and the Korea Studies Scholarship of the Academy of Korean Studies (AKS).

Over 2,000MW of new power capacity added to national grid

TEHRAN- Iran has added 2,028 megawatts of new power plant capacity to its national grid, achieving 75 percent of the 2,709-megawatt target for the current Iranian calendar year (began on March 21), according to the Thermal Power Generation Company.

ICCIMA head announces improvement in economic activities after war shock

TEHRAN- The head of Iran's Chamber of Commerce stated that Iran's economy, following the shock caused by the war, has moved past the stage of severe decline and the trend of economic activities is once again resuming.