Iran and Norway have signed a memorandum of understanding on cage fish farming off Iran’s southern Qeshm Island. The chairman of the board of director of Rivas Company–the Iranian private sector…
Domestic Economy
Foreign investors will receive tax breaks under the sixth five-year development plan (2016-21), IRNA quoted the Iranian National Tax Administration’s head of human resources, Nader Jannati, as…
Throughout history, the path to industrialization has been paved with steel, and Iran, as a country with an emerging economy in need of bolstering its industries, has put the development of the…
While the lifting of sanctions against Iran on Jan. 16 marks a turning point in the normalization of its relations with the international community, it also points to the dawn of a new era in…
South Korea will provide comprehensive financial support to local companies wanting to enter the Iranian market, the South Korean trade and industry minister reiterated on Friday.
Seoul…
Bulgaria’s Minister of Economy, Energy and Tourism Bozhidar Lukarski and director general of the southeast European country’s National Customs Agency, Vanyo Tanov, are scheduled to visit Iran at…
East African tea exports to Iran are expected to rise more than sixfold by 2019, as trade ties with the Persian Gulf nation normalize after western sanctions were lifted, the head of a regional…
South Khorasan Province has exported 2,000 tons of frozen chicken to Afghanistan in the current Iranian year (started March 21, 2015), registering an 80% rise compared to the previous year.…
Enterprise Ireland—Irish state economic development agency focused on helping Irish-owned business increase exports—is planning two separate market visits to Iran in the first half of 2016 as it…
Iran Air is preparing to restart flights to Japan following last month’s international deal to end sanctions imposed over Iran’s nuclear program.
The carrier will initially restart flights…
Iran’s development bank for industries and mining has signed its first post-sanctions financing agreement with India’s Export-Import Bank to develop Iran’s railroads.
With the lifting of sanctions against Iran on Jan. 16, as part of the July 14 nuclear accord reached with the six major world powers, the country has entered a new economic era.
Iran is…
The government will offer tax incentives for companies that hire more staff, according to Labor Minister Ali Rabiei. “With the ratification of the Cabinet, companies that increase their employee…
The biggest supplier of pipes to oil and natural gas producers, Moscow-based Tube Metal Company, or TMK for short, which is being hurt by weak energy prices like many players in the oil patch,…
Nomads produce 180,000 tons of meat annually, says the head of Nomadic Affairs Organization. According to Karamali Qandali, government support such as provision of cheap fodder and low interest…
Not only is Tehran Province self-sufficient in the production of apples, cherries, nectarines, peaches and pistachios, part of the surplus yield is exported to other countries, according to the…
Plans are underway to establish a direct flight route between Qeshm Island—off the southern coast of Iran—and Oman’s capital city of Muscat, says managing director of Qeshm Airlines. “The new…
Iran has broken ground on a €200-million radial tire plant in the western city of Sanandaj, Kurdestan Province.
Iran and Italy have signed four memoranda of understanding to expand cooperation on railroads, oil and gas, after-sales services and holding exhibition.
The agreements were inked on the…
Iran’s first medicinal plants factory has been launched in North Khorasan Province. Built on a one-hectare site, the factory cost $660,000 to complete, said the managing director of Industrial…
Iran exported more than 1,000 tons of seafood to Russia during the eight months ending Jan. 20, according to Iran Fisheries Organization. “Russia could be the biggest market for Iran’s seafood,”…
Dutch exports to Iran increased by 21% in 2015, ahead of the lifting of sanctions in January this year. The value of exports reached €450 million, placing Iran 64th in the ranking order of…
Light aircraft is a plane that has a maximum gross takeoff weight of about 5.6 tons or less, while ultra-light refers to lightweight single-seat aircraft used for sport and recreation.
Iran and Kazakhstan discussed agricultural cooperation through investment, trade and land leasing projects.
In a meeting with Kazakhstan’s Minister of Investments and Development Asset…
Thanks to its strategic location, Iran has the potential for acquiring a substantial share of international transit, provided infrastructures are established.
