Record-Breaking Housing Construction | 1,500 Steel Units Built in 190 Days for the First Time in Iran
The 1,500-unit Faraja project was completed in just 190 days using steel structures. This project, fully designed and executed by Iranian engineers, is considered a new model in the country’s construction industry due to its 70 percent reduction in water consumption and its smart systems.
Anzali Free Zone: Iran’s Strategic Logistics Hub in International Corridors and a Gateway to Global Markets
With its advanced port and logistics infrastructure, the Anzali Free Zone holds a special position in northern Iran’s transit network, and with its key role in the China–Kazakhstan–Iran corridor and the Eurasian Economic Union, it has opened new routes to European and Asian markets. This zone plays a central role in boosting Iran’s exports and expanding the country’s foreign trade.
Signing of the Memorandum of Understanding between IMIDRO Trading Company and Bank Refah Kargaran.
On the third day of the Kish Bank, Stock Exchange and Insurance Exhibition (KISHINVEX 2025), a joint cooperation memorandum between IMIDRO Trading Company and Bank Refah Kargaran was signed by Dr. Laleh Gani, CEO of Bank Refah Kargaran, and Dr. Fazeli, CEO of IMIDRO Trading Company.
The cooperation memorandum between Bank Saderat Iran and Tavanir has been renewed for the fourth consecutive year.
The cooperation memorandum between Bank Saderat Iran and Tavanir was renewed for the fourth consecutive year, in the presence of Mohsen Seyfi, CEO of Bank Saderat Iran, and Mostafa Rajabi Mashhadi, CEO of Tavanir, on the sidelines of the International Electricity Industry Exhibition.
The Export Development Bank of Iran’s mobile banking app has been updated.
The new Android version of the Export Development Bank of Iran’s mobile banking app has been uploaded to the bank’s website.
Launch of the Electric Vehicle Supply Program in Collaboration with Melal Credit Institute.
In the new electric vehicle supply program, Melal Credit Institute, aiming to streamline the registration process and provide fast and reliable banking services, has enabled applicants to block the required amount of 5 billion rials from November 11 to 16, 2025, through Melal branches and the MetaBank platform.
The 12th International Exhibition of Stock Exchange, Banking, Insurance, Privatization, and Investment Opportunities was inaugurated.
The 12th International Exhibition of Stock Exchange, Banking, Insurance, Privatization, and Investment Opportunities — known as Kish Inox 1404 — commenced on November 10 on Kish Island. The opening ceremony, attended by Dr. Mohammad Javad Zarif, Dr. Reza Masroor, Secretary of the Supreme Council of Free Trade Zones, the Ambassador of Armenia to Iran, and senior executives of banks, insurance companies, and free economic zones, marked a significant milestone in advancing the country’s financial and economic cooperation.
Expansion of Independent Bank Branch Authorities in Free Trade Zones
The Secretary of the Supreme Council of Free and Special Economic Zones, emphasizing the importance of restoring economic advantages to free trade zones, stated:
“The establishment of independent bank branches and the strengthening of financial infrastructures in free trade zones are among our top priorities, and with the support of the Central Bank, these goals will be achieved in the near future.”
Arvand on the Path of Systematic Archaeological Research: Expert Field Visits and Studies
A group of members from the Iranology Scientific Association, accompanied by several history professors from Shahid Chamran University of Ahvaz, conducted a research visit to the Arvand Free Trade Zone.
During the visit, they evaluated the condition of archaeological sites within the area and emphasized the need for systematic and well-structured archaeological studies to preserve and better understand the region’s ancient heritage.
Reviving the Advantages of Free Trade Zones under the 14th Government: Reforming the Free Zone Law after 32 Years; Restoring Economic Incentives and Benefits in the Implementation Phase
During the consultative meeting between the Minister of Economic Affairs and Finance and economic stakeholders on Kish Island, the Secretary of the Supreme Council of Free and Special Economic Zones expressed his appreciation for the role of the private sector in the island’s development, stating:
“The investors present in Kish are true lovers of Iran and devoted to the prosperity of this land. Many of them could have chosen to invest elsewhere in the country, yet with passion and commitment, they remained in Kish and built this region into what it is today.”
The Government’s New Manifesto for Reviving Free Trade Zones
In recent days, an important meeting was held on Kish Island, attended by the Minister of Economic Affairs and Finance, the Secretary of the Supreme Council of Free and Special Economic Zones, the managing directors of Iran’s free zone organizations, and various economic stakeholders.
This gathering marked a turning point in the development and strategic scope of Iran’s free trade zones — particularly because the remarks of Seyed Ali Madanizadeh, Minister of Economic Affairs and Finance, can be regarded as among the most significant government statements on free zone policy in recent years.
Addressing the managers and economic actors, he praised the recent efforts of the Supreme Council Secretariat and emphasized that “Iran’s free trade zones are, in fact, not free — they remain constrained by excessive regulations and restrictions that must be lifted.”
Although this statement might seem like a simple critique, it in fact carries a profound and foundational message, reflecting the Ministry of Economy’s firm determination to redefine the role and position of free trade zones within the broader architecture of Iran’s national economy.
Kaveh South Kish Steel Company Named Top Booth at the 27th Iran Steel Symposium in Kish
The 27th International Iran Steel Symposium was held from October 27 to 29, 2025 (Aban 6–8, 1404) on Kish Island, with the participation of leading companies and key players in Iran’s steel industry.
On the final day of this major event, the Kaveh South Kish Steel Company’s booth was honored as the top booth of the symposium, in recognition of its continuous efforts, technological innovations, and strong presence as a major steel billet producer and a key industrial hub in Iran’s steel sector.