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Tehran Times

Iran’s export to EAEU countries rises over 20%

The value of Iran’s foreign trade with member states of the Eurasian Economic Union (EAEU) reached $2.704 billion in the first nine months of the current Iranian calendar year (March 20 – December 21, 2024), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

Trade

Iran’s renewable energy capacity to reach 4,800 MW next year

Iran’s deputy energy minister said that the capacity of generating electricity from renewable sources will reach 4,800 megawatts (MW) by the end of the next Iranian calendar year (March 20, 2026).

Energy

South Pars daily gas production reaches 714 mcm

The deputy for operations and support at Pars Oil and Gas Company (POGC), which is in charge of developing the giant South Pars gas field, which Iran shares with Qatar in the Persian Gulf, announced a new daily production record of 714 million cubic meters of gas from the gas field.

Energy

Iran allocates $11 billion to subsidized imports of essential goods

The Central Bank of Iran (CBI) has allocated over $11 billion for the import of essential goods, medicines, and medical equipment at preferential exchange rates since the beginning of the current Iranian calendar year (March 20) through Thursday, December 26.

Trade

Private sector investment in Iran’s ports hits $4.4 billion

The Ports and Maritime Organization (PMO) has announced that private sector investments in Iran’s ports have reached 2.2 quadrillion rials (about $4.4 billion) through 362 active contracts as of December 2024.

Iran Economy

Tehran Chamber of Commerce to host EAEU trade exhibition within months

Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA), in collaboration with the Trade Promotion Organization of Iran (TPO), will hold the third Eurasia Trade Exhibition and Conference from February 22 to 25, 2025, at Tehran Permanent International Fairgrounds.

Local Chambers

Iran denies reports of decline in crude oil exports

The head of National Iranian Oil Company (NIOC) has dismissed reports circulating on social media claiming a decline in the country’s crude oil exports as "false and baseless."

Energy

Iran achieves record gas output at South Pars

Iran has set a new record for natural gas production at the South Pars field, reaching 712 million cubic meters per day, according to the head of Pars Oil and Gas Company (POGC), which is in charge of the giant field development.

Energy

Iran imports 61.5 tons of gold in 8 months

Iran has imported some 61.5 tons of gold in the eight months to November 20 amid efforts to offset sanctions that restrict the country’s access to the international banking system.

Iran Economy

Iran’s car tire production up 11% in six months

Iranian tire manufacturers produced 131,733 tons (over 12.732 million) of car tires in the first six months of the current Iranian calendar year (March 20-September 21), registering an 11-percent rise from the output in the first half of the previous year.

Mine and Industry

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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