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Iran Economy

Iranpress: Iran Approves Investment to Boost Oil Output by 250,000 Barrels a Day

Iran Approves Investment to Boost Oil Output by 250,000 Barrels a Day

Tuesday, 15 July 2025 11:53

Government Spokesman Fatemeh Mohajerani announced that the Supreme Economic Council has greenlit a major investment package to increase the country’s daily oil ...

Iranpress: Iran Resumes Most Air Traffic After Pause Due to Israeli Airstrikes

Iran Resumes Most Air Traffic After Pause Due to Israeli Airstrikes

Friday, 04 July 2025 10:01

Following several days of suspension caused by Israeli airstrikes on Iranian soil, Iran’s major airports largely reopened and resumed air traffic starting Friday ...

Iranpress: Iran Approves $1.5bn in New Foreign Investment

Iran Approves $1.5bn in New Foreign Investment

Saturday, 21 June 2025 17:46

At its third meeting of 2025, Iran’s Foreign Investment Board approved 83 applications totalling $1.5 billion, bringing the total value of foreign investment sanctioned ...

Iranpress: Oil Minister: Arash Oil Field Development Can Begin

Oil Minister: Arash Oil Field Development Can Begin

Wednesday, 11 June 2025 13:02

Minister Mohsen Paknejhad stated that Iran is prepared to commence development operations in its sector of the Arash oil field upon notification or announcement ...

Iranpress: Post Bank Launches IT Investment Initiative Targeting Iranian Diaspora

Post Bank Launches IT Investment Initiative Targeting Iranian Diaspora

Tuesday, 10 June 2025 21:56

Iranian bank 'Post Bank' is rolling out a new initiative to attract investment in the information technology sector, with a focus on engaging Iranian diaspora investors, ...

Iranpress: World Handicrafts Day: Honoring Artisans and Their Timeless Craftsmanship

World Handicrafts Day: Honoring Artisans and Their Timeless Craftsmanship

Tuesday, 10 June 2025 16:05

World Handicrafts Day is celebrated annually on June 10 to recognize and honor artisans and craftsmen who passionately create their works of art. On this occasion, ...

Iranpress: 17th International Financial Industry Exhibition, Innovation, Economic Cooperation

17th International Financial Industry Exhibition, Innovation, Economic Cooperation

Tuesday, 10 June 2025 11:42

The 17th International Financial Industry Exhibition is being held from June 7 to June 10, 2025, in Tehran. The event focuses on banking, insurance, stock markets, ...

Iranpress: Iran Seeks Mining to Cut Oil Reliance, Slams Western Green Rhetoric

Iran Seeks Mining to Cut Oil Reliance, Slams Western Green Rhetoric

Friday, 06 June 2025 18:09

Iran’s First Vice President Mohammad Reza Aref announced plans to pivot the economy toward the mining sector to reduce dependence on oil, during a meeting with ...

Iranpress: Iran and Iraq Expand Economic Cooperation Through Investment Initiatives

Iran and Iraq Expand Economic Cooperation Through Investment Initiatives

Tuesday, 03 June 2025 16:28

The Iraqi Ambassador to Tehran met with Iran’s Deputy Minister of Economy and the head of the Organization for Investment and Economic and Technical Assistance ...

Iranpress: Iran Eyes Doubling Transit Volume by 2030, Says Roads Minister

Iran Eyes Doubling Transit Volume by 2030, Says Roads Minister

Monday, 02 June 2025 09:48

Iranian Minister of Roads and Urban Development Farzaneh Sadegh announced that the country hit a record 20 million tons in goods transit last year—a figure Tehran ...

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