Minister of Roads and Urban Development Abbas Akhoundi visited Baghdad on Wednesday and delivered President Hassan Rouhani’s invitation to Iraqi President Fuad Masum to participate in the third…
Domestic Economy
East Azarbaijan Province’s Bureau of Economic Affairs and Finance has issued a permit for $1.25 billion foreign investment in the construction of a freeway between East and West Azarbaijan…
Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture, Masoud Khansari, referred to industrial development as “the cornerstone for economic development.”
Iran Technical and Vocational Training Organization is ready to cooperate with Tajikistan on teacher training and establishing vocational institutes there, said deputy labor minister Kourosh…
The past couple of years have seen the housing market go through a downswing, mainly as a result of macroeconomic uncertainties that pushed capital investors out of the market and rendered the…
More than 1,000 tons of walnuts valued at $7 million were exported during the first two months of the current Iranian year (started March 20), based on data provided by Iran Customs Administration…
Three Iranian dairy companies have won the approval of Russia’s veterinary office to export their products to Russia, announced the secretary of Association of Food Industries. Cheese imports…
The removal of western sanctions against Iran (imposed over the country’s nuclear energy program) is expected to improve relations between Tehran and Mexico City, says the Mexican ambassador to…
An official at the Land Affairs Organization of Iran – a government organization affiliated to the Ministry of Agricultural Jihad – says mapping will be carried out on 10 million hectares of…
On a two-day visit to Lorestan Province to consider opportunities and capacities of the western province in terms of food products, pharmaceuticals and construction materials, Swedish Ambassador…
At a meeting in the Netherlands, Iranian Deputy Minister of Agriculture Jihad Khalil Aqaei-Moqaddam, and Sharon Dijksma, Dutch secretary of the Ministry of Economic Affairs, dealing with…
During a meeting between German Ambassador to Iran Michael Freiherr von Ungern-Sternberg and the new board of directors at Tehran Chamber of Commerce, Industries, Mines & Agriculture, both…
The agriculture sector will gain 30,000 billion rials ($1.02 billion at official exchange rate) on the back of implementing Subsidys Reform Plan this year (started March 21, 2015), according to…
Cheap labor has given India and Pakistan a chance to grab hold of a market that Iran used to be a byword for: the hand-woven rug market, said the head of the Sellers of Hand-Woven Carpets Guild.…
The first specialized exhibition of Iran in Nigeria was held with delay, as Nigeria failed to keep up with its promises of discharging the commodities shipped from Iran to the African country,…
Recently the price of saffron skyrocketed by about 20 million rials ($600) per kg to reach 70 million rials. The primary reason behind this price hike does not seem to have been lack of supply or…
Iran’s Civil Aviation Organization has announced the acquisition of 17 trainer aircraft by the private sector over the past Iranian year (ended March 20).
The goods and services Consumer Price Index for urban areas increased 14.2% in the 12-month period ending June 21, which marks the end of the third month of the Iranian year Khordad, compared to…
Foreign trade data released by Iran Customs Administration on Wednesday indicate that while the country recorded a trade surplus of $520 million during the first quarter of the current Iranian…
More than 460 billion rials ($15.76 million at official exchange rate) have been allocated to the expansion of Mehran Border Terminal on the Iran-Iraq border in preparation for Arbaeen—a religious…
The budget law for the current Iranian] year (started March 21) has projected 750,000 billion rials ($25.8 billion) and 130,000 billion rials ($4.48 billion) in tax and customs revenues…
The government has allocated 100 billion rials ($3.4 million at official exchange rate) for the maintenance of the road connecting Tehran to the city of Chalous in northern Mazandaran Province,…
The home appliance market is facing a drastic slump as the products are stocked up in factories while retailers are completely out of business, Mehr News Agency quoted the head of Home Appliance…
Iranian companies are managing $4.2 billion worth of housing, cement and oil projects in Iraq, according to Iran’s commercial attaché to Iran, Mohammad Rezazadeh.
Market analysis shows that enough rice has been stored, therefore the ban on import of this staple will remain in force, announced an official with the Agriculture Ministry. Market Adjustment…
