• NISOC signs 30 investment contracts to boost production, reduce flaring

    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

    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

    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.

  • Vast reserves, Hormuz, infrastructure define Iran's geopolitical oil weight: expert

    Vast reserves, Hormuz, infrastructure define Iran's geopolitical oil weight: expert

    TEHRAN- Hamid Nobahar, an economic expert, in an interview with Tasnim News Agency, while explaining the position Iran's oil in the world's energy equations, said: Iran's oil power cannot be measured by daily production volume or export levels at a given point in time. Iran's position in the global energy geography is the result of a combination of vast hydrocarbon reserves, a long history of production, field development capacity, access to the Persian Gulf waters, and proximity to the Strait of Hormuz—a waterway that, before the disruptions of 2026, was one of the world's most important energy transit routes.

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

    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

    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

    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

    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

    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

    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.