Indian multi-sector infrastructure firm Megha Engineering & Infrastructures has won a contract worth $225.5 million from Kuwait Oil Company (KOC), it said on Friday.
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Iran’s minister of economic affairs and finance emphasized the expansion of brotherly relations and economic, commercial, and infrastructure cooperation between Iran and Tajikistan and proposed special opportunities for deepening these relations under the current conditions.
Iran and Switzerland’s private sectors are calling for stronger collaboration in non-sanctioned industries, emphasizing the key role of private enterprises in shaping future economic ties between the two countries.
In line with the Donald Trump administration's maximum pressure policy against the Islamic Republic of Iran, the US Treasury Department announced that it has sanctioned more than 50 individuals, entities, and ships under the pretext of facilitating the sale of Iranian oil and liquefied natural gas.
The head of Iran’s National Standards Organization (INSO) met with Rwanda’s Minister of Trade and Industry to discuss expanding cooperation through the harmonization of standards, conformity assessment, and laboratory accreditation.
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors.
The Turkish Statistical Office announced that trade exchanges between Turkey and Iran in the first eight months of the current year reached $3.56 billion.
Iran and Russia’s Astrakhan region are strengthening cooperation in trade, industry, energy and logistics as part of efforts to enhance connectivity along the International North–South Transit Corridor (INSTC), Iran’s Consul General in Astrakhan said.
Iran’s oil minister announced the discovery of significant new gas and oil reserves in the Pazan field, located in the southern part of Fars Province, saying the find could help offset the country’s future energy imbalance.
Technologists from an Iranian industrial company used nanotechnology to significantly decrease flammability in the urban, rural and agricultural water transmission lines.
Iran’s Vice President and Head of the country’s Administrative and Employment Organization, in a meeting with the South Korean Ambassador to Tehran Kim Junpyo, emphasized the 14th administration's determination to develop administrative and technological cooperation with South Korea, naming government smartization and the use of artificial intelligence as key areas of this cooperation.
The international tanker market views the activation of the so-called “snapback” mechanism by three European countries, under US pressure, as having no significant effect beyond existing American sanctions, according to Lloyd’s List.
India’s industrial output slowed to 4% in August 2025 from 4.3% in July, hit by weak consumer demand and US tariffs on Russian oil imports. Manufacturing, capital goods, and consumer non-durables dragged growth, while mining and infrastructure showed resilience.
Iran’s annual inflation rate reached 37.5 percent in the last month of summer (August 23-September 22), up 1.2 percentage points from the previous month, the Statistical Center of Iran said.
Iran and Azerbaijan pledged to expand economic and trade cooperation during a meeting of the countries’ joint economic committee in Tehran.
Iran has exported its first TIR Carnet shipment to Kuwait through the Shalamcheh border crossing, marking a milestone in the country’s regional trade expansion, the Khorramshahr Chamber of Commerce said.
The head of the Iran-Azerbaijan Joint Chamber of Commerce said the two countries will hold a meeting of their joint economic commitee in Tehran next week, with Azerbaijani Deputy Prime Minister Shahin Mustafayev attending, Tasnim news agency reported.
Iran has reported a significant fall in its exports to Iraq amid lower volumes of natural gas being delivered to the neighboring country.
Iran’s oil minister said Wednesday that the country is pursuing the outcomes of the 18th Iran-Russia Joint Economic Cooperation Commission and preparing to host the 19th session in Iran.
Iran has exported an advanced gas turbine to Russia for the first time, Energy Minister Abbas Aliabadi said on Tuesday, marking a milestone for the country’s power industry despite Western sanctions.