Domestic Economy

Recycling has been a common practice for most of the human history. But the importance of recycling has become more evident over the past century with the growth in population which has raised…

In a meeting with traders of Qazvin Province, an official with the Trade Promotion Organization’s Iraq Affairs Department said: “The time is ripe to expand the export of Iranian products to Iraq…

About 6.5 million tons of non-oil goods worth $3.6 billion were exported via Bushehr Province during the first quarter of the current Iranian year (started March 21), which shows a 22% increase in…

The value of exports (excluding crude oil and gas condensates) rose 7% in the first five months of 2015 compared with the similar period in 2014, while imports declined by 19% in terms of value,…

Sanctions relief will boost transparency and competition in the Iranian economy, the President’s Chief of Staff Mohammad Nahavandian told a recent meeting of Iran-Italy Chamber of Commerce in…

Fuel accounts for more than 90% of goods smuggled from Iran to other countries, said the head of Iran Customs Administration adding that gold is the smugglers’ favorite commodity when it comes to…

Iranian chicken labeled with Halal brand made its debut in Oman this Ramadan, said the secretary general of Iran-Oman Joint Chamber of Commerce. “Iran has the potential to replace Brazil as one of…

Average rental prices in Tehran increased by 10% this Iranian year (started March 21) compared to last year, according to the head of Union of Tehran Real Estate Consultants. “Although there have…

The recent spread of bird flu in one of the villages of Mazandaran Province is to blame for the fall in the exports of chicken to regional markets, said deputy agriculture minister in livestock…

In a meeting between Minister of Agriculture Mahmoud Hojati and Ambassador of the Netherlands to Iran Jos Douma, the two sides discussed cooperation in the agricultural sector. “The Netherlands is…

A newly-established Iraqi transportation company has pledged to facilitate direct transfer of goods from Iran to Iraq, an official in Trade Promotion Organization announced, as reported by IRNA.…

According to the latest figures released by the Statistical Center of Iran, the unemployment rate in the first quarter of the current Iranian year (started March 21) showed an 11.5% decrease…

Nine years after the declaration of general policies of Article 44 of the Constitution by the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, which calls for privatization of major…

The Islamic Republic of Iran Railways signed a contract with French designing company AREP on Wednesday for redesign, redevelopment and expansion of railroad stations in three major cities: Tehran…

Asian countries have emerged as Iran’s main trade partners amid western sanctions imposed against the country over its nuclear energy program. China currently tops the list of Iran’s business…

The cost of renovating Mehrabad International Airport is estimated at 5 trillion rials ($150 million at market exchange rate), including 1 trillion rials  ($30 million) for resurfacing the…

Director general of Hamedan Province’s Customs Administration, Jamal Khoshouei, announced that the province’s customs revenues during the first quarter of the current Iranian year (started March…

Iran was first in the world in the production of rosewater as the country grew 26,000 tons of Damask last Iranian year (ended March 20),  said an official with the Ministry of Agriculture.…

More than 2 million tons of oil and non-oil goods were handled in the ports of the southern Qeshm Island during the first three months of the current Iranian year (started March 21), according to…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei announced the general policies of the Sixth Five-Year Development Plan (2016-2021) in a letter to President Hassan Rouhani on Tuesday…

The Consumer Price Index for rural areas remained unchanged compared with a month earlier at 13.1% in the 12-month period ending on June 21, which marks the end of the third Iranian month, as…

Officials in Iran Chamber of Guilds have blamed the excessive number of retail outlets per household on weak manufacturing sector. Recently, the ICG chairman Ali Fazeli estimated that on average…

The northern province of Mazandaran made 505 billion rials ($17.2 million at official exchange rate) in customs revenues during the first quarter of the current Iranian year (March 21-June 21),…

Egg prices experienced fluctuations in the domestic market in the last Iranian year (ended March 20), but remained stable in the export markets, ISNA reported. Chicken eggs destined for…

Deputy Minister of Cooperatives, Labor and Social Welfare Mohammad Taghi Hosseini met with LI Yong, the director general of the United Nations Industrial Development Organization in Vienna and…