Domestic Economy

Turkey intends to defy US President Donald Trump and continue its strong bilateral trade links with Iran, the Turkish ambassador to Tehran announced on Sunday.

Tehran's Imam Khomeini International Airport has been distinguished as the third fastest-growing major airport in the world.

Operated by Iran Airports Company, IKIA is located 30…

Domestic shoe production has declined by over 70%, the head of Handmade Shoemakers and Sellers Union said, as raw materials needed by the producers have not been cleared from the customs due to…

Iran exported 7,238 tons of milk powder worth $24.78 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…

More than 3,403 tons of goods were exported via railroads from Qom Province to the Commonwealth of Independent States during the first four months of the current Iranian year (March 21-July 22…

As little as 10% of the national budget, i.e. less than 400 trillion rials ($4.87 billion), are spent on the development of infrastructures and the rest goes to operational expenditures such as…

More than $29 million worth of vacuum cleaners were imported into Iran from 14 countries during the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…

Iran traded 298,616 tons of non-oil commodities worth $128.23 million with Egypt during the first four months of the current fiscal year (March 21-July 22).  According to the latest data…

The ATR 72-600 planes recently delivered to Iran Air have become operational, with one making its debut flight on domestic routes from Tehran to Mashhad on Friday.

Iran traded 371,876 tons of non-oil commodities worth $508.04 million with Italy during the first four months of the current fiscal year (March 21-July 22), registering a 40.12% growth in…

New Zealand exporters are looking to worsening US-Iran relations with trepidation, as they seek to revitalize trade with the second largest economy in the Middle East.

Iran was once an…

The recent ban imposed on the import of certain products has caused serious problems for countries wishing to continue trade with Iran, despite United States' sanctions.

Stagnation afflicts bottled and mineral water industry due to problems of procuring packaging material and 30% to 40% of the country’s related are on the brink of closing down, the secretary of…

Cases of livestock infections causing zoonotic diseases such as rabies, brucellosis, anthrax, foot and mouth disease and lumpy skin disease fell by 38% during the first four months of the…

A private company in Kurdestan Province will build a fruit processing factory in Marivan County.  “Around 3.5 trillion rials (more than $43.75 million) will be invested into the project,”…

The Ministry of Roads and Urban Development’s debts to contractors have amounted to 187 trillion rials ($1.96 billion), a deputy roads minister said.  “Mechanisms suggested in the budget…

Close to 89,220 tons of different kinds of dates worth more than $102 million were exported from Iran to 69 countries during the first four months of the current Iranian year (March 21-July 22…

Tehran is one of the top five cities in the world to have improved by 5 percentage points or more in livability over the past five years, according to the Economist Intelligence Unit. 

More than 875 tons of potato seeds worth $1.63 million were imported into Iran from five countries during the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran…

Iran exported 88,940 tons of Persian melons worth $34.43 million during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran Customs Administration’s…

Iran Airports & Air Navigation Company, an arm of the Ministry of Roads and Urban Development, has purchased €81.38 million worth of airport equipment since the nuclear deal was signed…

Iran traded 455,922 tons of non-oil commodities worth $326.43 million with Taiwan during the first four months of the current fiscal year (March 21-July 22), registering a 19.31% and 7.57%…

Less than a decade ago, education, especially in prestigious universities, was considered a powerful cultural asset, but now the phenomenon of non-conformity of education with what a person does…

The Indian tea industry has sought a special exchange rate from Iran for tea exports to the country after November 4 when US sanctions will restrict sales of oil and petrochemical products to…

Iraqi Prime Minister Haider al-Abadi stepped back from his proclamation to abide by new US sanctions on Iran on Monday, saying his government would only respect the dollar ban in transactions…