Domestic Economy

Over 4.3 million tons of goods worth $1.42 billion were exported from Kermanshah during the nine months to November 20, a provincial customs official said. “The exported commodities mainly…

In order to maintain the 7.4% economic growth experienced in the first half of the current Iranian year (started March 20, 2016), there is a need to bring about structural economic reforms,…

In spite of the Iranian government’s policy to halt exports of raw materials, customs statistics show a sharp increase in iron ore exports in the first nine months of the Iranian year (to December…

Leaked documents belonging to the Islamic Republic of Iran Customs Administration showed that a South Korean company, which later turned out to be LG Electronics, was fined three quarters of a…

A 10-kilometer railroad connecting Iran’s northwestern city of Astara to an Azeri city with the same name will become operational in three months, according to Abbas Nazari, an official with the…

The revival of Silk Road is a perfect opportunity for the development of Iranian economy, the president of Iran’s Chamber of Commerce, Industries, Mines and Agriculture said.

The Islamic Revolution Mostazafan Foundation accounts for 1.5% of Iran’s gross domestic product, says the head of the foundation.

The Malaysian Palm Oil Council will hold Malaysia-Iran Palm Oil Trade Fair and Seminar during February 7-8, 2017, in Tehran. Malaysian Minister of Plantation Industries and Commodities Mah Siew…

Kyrgyzstan attaches special importance to the development of economic relations with Iran.

Kyrgyz Economy Minister Arzybek Kojoshev made the above statement at the Kyrgyz-Iranian Business…

About $1.4 billion worth of goods were exported from production units located in Iran’s industrial parks during the nine months to December 21, Deputy Minister of Industries, Mining and Trade Ali…

Although Iran and Azerbaijan have made considerable efforts for connecting the two countries through railroads, it appears that the mission is unlikely to be completed by 2020.

Tehran…

Daewoo Shipbuilding & Marine Engineering announced on Thursday an agreement with the Industrial Development and Renovation Organization of Iran for the transfer of shipbuilding technology.…

Iran exported 1.2 million tons of non-oil goods worth $497.5 million to Pakistan during the eight months to November 20, registering a 30% increase compared with last year’s corresponding period…

Home appliances market in Iran is worth 200 trillion rials (more than $4.95 billion at market exchange rate). Domestic production accounts for only a quarter of this sum and the rest is dominated…

The average inflation rate for the Iranian month Azar (ended December 20) stood at 8.6% almost unchanged compared to the previous month, implying that the indicator may be putting the brakes on…

The videogame market in Iran is worth 2 trillion rials (more than $48.4 million at market exchange rate) per month, while Iranian producers and games account for less than 5% of this sum,…

The National Confederation of Entrepreneurs Organization of Azerbaijan and the Iran Chamber of Commerce, Industries, Mines and Agriculture have signed a memorandum of understanding.

The…

Swedish Prime Minister Stefan Lofven is scheduled to visit Iran at the head of an economic delegation next February, said Swedish ambassador to AIran Helena Sangeland. She made the announcement in…

Iranian ports loaded and unloaded more than 93.5 million tons of oil and non-oil products during the eight months to November 20, registering a 6.6% increase compared with last year’s…

Tehran is hosting an exhibition of domestically-made furniture.

Iraq plans to link its railroad network with that of neighboring Iran, the state-run Iraqi Republic Railways announced on Tuesday, noting that several international companies had already voiced…

About 20 tons of agricultural products were exported to Russia from Jiroft County in the southeastern Kerman Province, an official with Kerman Customs Bureau said.

“This is the first…

For many women in Khorasan Razavi Province, the onset of fall only means one thing: saffron harvest time.

With over 9,700 hectares under saffron cultivation, some 80% of Iran’s saffron are…

Iran’s Communications and Information Technology Minister Mahmoud Vaezi, who is on a visit to Azerbaijan, has called on entrepreneurs from his country and the neighboring Azerbaijan to make joint…

Some 40% of the workforce in the public sector are either in excess or incompetent, according to presidential advisor, Mohammad Ali Najafi.

“This lowers productivity. The nepotistic hiring…