East Azarbaijan Province accounts for $150 million of Iran’s $500 million worth of total chocolate exports to 60 countries, according to Industries, Mining and Trade Organization of the…
Domestic Economy
Multinationals looking to swoop into Iran as most sanctions lift will find important sectors of the 80 million-strong market already conquered by domestic brands.
While most domestic…
Central Asian countries are buzzing with excitement over the lifting of western sanctions against Tehran, but for the time being Iran may mainly act as a transit hub between the landlocked region…
Among the deals signed during President Hassan Rouhani’s high-profile Europe visit last week–and perhaps one of the least publicized–was a memorandum of understanding signed in Paris between the…
The Islamic Republic of Iran Customs Administration has unveiled a plan based on which the appraisal of imported items will be carried out online, IRICA’s news portal reported. The plan is aimed…
Iran and Lebanon are preparing to expand economic relations in different areas, including industries, mining, energy, investment, banking and finance, reads a joint statement made by Iran’s…
Deputy Minister of Industries, Mining and Trade Mojtaba Khosrotaj believes Afghanistan is a strategic market that can turn into a long-lasting hub for Iran’s economic activities. “Figures…
Following the removal of western sanctions against Tehran, some of France’s biggest, best-known cosmetics brands are hoping to tap into the huge Iranian market.
While cosmetics were not…
The government has earmarked 1,519 billion rials ($50.63 million at official exchange rate) for the cinema in the budget bill for the upcoming Iranian fiscal year (starting March 20, 2016).
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In an ironic twist, international sanctions against Iran appear to be benefiting its economy as decades of isolation forced the nation to adapt to low oil prices more quickly than other crude…
CEO of French planemaker Airbus, Tom Enders, and chief executive of French-Italian light aircraft manufacturer, Patrick de Castelbajac, met Iran’s Roads and Urban Development Minister Abbas…
A new shipping route linking Iran and Qinzhou Port in the Beibu Gulf, South China’s Guangxi Zhuang Autonomous Region, has been launched. The Iranian containership Perarin, which can carry 3,280…
Tehran would never forget the fact that Turkey maintained its ties with Iran when western sanctions were imposed on Iran over its nuclear program, said the head of Tehran Chamber of Commerce,…
To bolster economic relations between Iran and Ecuador, their respective chambers of commerce need to play a more significant role, said the head of Iran Chamber of Commerce, Industries, Mines and…
The first passenger ship from Oman’s Sohar Port docked at Shahid Kalantari Port in Chabahar on Monday to mark the official opening of Sohar-Chabahar shipping lane. The capacity of the Omani ship…
Corporate revenues made from exports will not be taxed as of the new Iranian year (to start March 20, 2016), said the head of Iranian National Tax Administration. Seyyed Kamel Taraji added that…
Finland’s Minister of Agriculture and the Environment Kimmo Tiilikainen is scheduled to lead a 100-strong business delegation–the largest Finnish mission in history–to Iran in February.
…
On Jan. 24 and 25, executives from Airbus, Lufthansa and Bombardier shared tea and pastries with representatives of the Iranian aviation industry at the Parsian Azadi Hotel, a 26-story tower at…
Thailand’s Deputy Prime Minister Somkid Jatusripitak, leading a high-level trade delegation that includes six ministers, is scheduled to visit Iran on Tuesday for a four-day visit to promote…
Backing the government's policy of welcoming foreign investment for promoting Iran's economic recovery, Prosecutor General Seyyed Ebrahim Raeesi said the judiciary is focusing efforts to protect…
Iran is moving quickly to shake off the effects of a decade of sanctions that have stifled its economy.
With a population of about 80 million and annual gross domestic product estimated at…
A Pakistani delegation, led by the federal minister of national food security and research, will leave for Iran soon to meet Iranian authorities for removing hurdles in the way of agricultural…
The goods and services Consumer Price Index for rural areas in the 12-month period ending January 20, which marks the end of the Iranian month of Dey, reached 11.5% compared with last year’s…
French train maker Alstom says it signed a contract with the Iranian government to start talks on the development of railroads in the Middle East country on Friday. The company, which makes TGV…
Turkey’s leading airport operator, TAV Airports, plans to pursue new projects in Iran. TAV’s CEO Sani Sener also told state-run Anadolu Agency that geographical and cultural proximities lead the…
