Italy will invest $450 million in the construction of a bioethanol manufacturing plant in the northern port and free trade zone of Amirabad in Mazandaran Province, the director of Amirabad Special…
Domestic Economy
Iran has the capacity to add 50 regional planes to its fleet within the next 10 years, in addition to the 20 short-haul aircraft the country has ordered from French-Italian plane manufacturer ATR…
The first shipment of wood pulp from Russia’s Astrakhan has been delivered to Amirabad Port’s paper mill, the director of the northern Iranian port said. Construction of the mill began in 2006,…
Iran’s exports to Russia amount to $300 million per year, which constitute less than 1% of the neighboring country’s annual imports worth $400 billion, according to the head of Tehran’s Industries…
More than 220,000 job seekers signed up with recruitment centers across the country during the first four months of the current fiscal year (started March 20), which indicates a 20% growth…
The government has purchased 9.2 million tons of wheat worth 117 trillion rials (more than $3.3 billion at market exchange rate) from local farmers since March 15, indicating a 13% rise compared…
First Vice President Es'haq Jahangiri has issued a directive to government bodies to execute a July 20 Cabinet decision to exempt gains from revaluing fixed assets from tax, if companies revalue…
Azerbaijan Railways CJSC plans to start laying rail lines in mid-August for the construction of a railroad section from Azerbaijan’s Astara station to the border with Iran as part of the…
British logistics and freight forwarding company, Delamode, has started new groupage lines for Georgia, Armenia, Azerbaijan and Iran.
According to the company’s website, the new services…
Minister of Roads and Urban Development Abbas Akhoundi rejected Mohammad Saeednejad’s resignation as the managing director of Ports and Maritime Organization of Iran on Sunday and asked him to…
Deputy Roads and Urban Development Minister Asghar Fakhrieh-Kashan said any agreement with Japanese planemaker Mitsubishi Aircraft Corporation for the purchase of short-haul planes will be in the…
More than 1,370 vessels berthed at Shahid Rajaie Port, Iran’s biggest container port located in Hormozgan Province, during the first four months of the current Iranian year (started March 20),…
Iran exported 142,300 tons of non-oil goods worth $132.9 million to Spain in the first three months of the current Iranian year (started March 20), which indicates a 132% jump compared with the…
Since the beginning of the harvest season about three months ago, the government has purchased about 82,000 tons of fresh tea leaves from local farmers in the northern provinces of Gilan and…
Economy Minister Ali Tayyebnia said Padideh Shandiz Company’s shares will be offered on the Iran Fara Bourse, a day after the company’s chief executive is arrested on charges of fraud, disruption…
Resource-rich nations, especially those endowed with oil, have often struggled to cope with the sharp inflow of foreign currency from the sale of natural resources.
The goods and services Consumer Price Index for rural areas in the 12-month period ending July 21, which marks the end of the Iranian month of Tir, increased by 8.3% compared with last year’s…
Mohsen Jalalpour will remain the president of Iran Chamber of Commerce, Industries, Mines and Agriculture after the board of directors rejected his resignation on Sunday. After serving for…
Watermelon is not a water-intensive crop, contrary to common belief, and its domestic production will continue, says Hassan Khadangi, with the Ministry of Agriculture. His comments come as some…
Iran exported some 28,000 tons of non-oil goods worth $167 million to Italy during the first three months of the current Iranian year (started March 20), which indicates a 36% rise compared with…
Iranian transit companies will be the main beneficiaries of recent amendments made to Azerbaijan’s Tax Code by President Ilham Aliyev, says Iran’s Ambassador to Azerbaijan Mohsen Pakayeen.…
Rural Iran accounted for 26.6% or 1.958 quadrillion rials (around $55.94 billion at market exchange rates) of the gross domestic product in the Iranian year ending March 2013, the Statistical…
This February South Korea’s POSCO signed a memorandum of understanding with Iranian Pars Kohan Diyar Parsian Steel Complex (PKP) for cooperation in the construction of a 1.6-million-ton…
More than 11.2 million tons of goods were handled in Iranian ports during the Iranian month ending July 21, which indicates a %4.3 rise compared with last year’s corresponding month, according to…
An Iranian trade delegation arrived in Azerbaijan’s Nakhchivan Autonomous Republic on Thursday on a two-day visit to discuss expansion of bilateral ties. Ali Navadad, deputy governor general of…
