The southern port city of Bandar Lengeh earned 2.42 trillion rials ($89.6 million at official exchange rate) in the first nine months of the current Iranian calendar year (March 21-Decenber 21),…
Domestic Economy
Iran International Feed Expo 2015 opens in Tehran Thursday, ministry of agricultural Jihad reported. According to IRNA, domestic and foreign unions, cooperatives, and producers of livestock,…
Customers are apparently more satisfied with services offered by car importers and those in the assembly business compared to major automakers, a recent report by the Iran Standard and Quality…
Head of the Trade Promotion Organization of Iran (TPO), Valiollah Afkhamirad called on all executive organizations to pave the way for easing exports, SHANA reported on Tuesday.
Iran and Jordan have vast capacities for cooperation in different areas, including economy, energy and oil, Saeed Ansari, vice-chairman of the Iranian Parliament’s Energy Commission said in his…
The fourth coordination meeting of Iran-Ukraine Joint Committee was held on Tuesday, IRNA reported. Head of the Trade Promotion Organization of Iran (TPO) Valiollah Afkhamirad and the attaché of…
Iran’s gross domestic product (GDP) grew by 4 percent in the first half of the current Iranian calendar year, which began on March 21, compared with the similar period last year, according to…
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has asked the parliament to cooperate with the Rouhani administration on National Development Fund of Iran (NDFI)’s portion of oil…
To complete semi-finished projects, Minister of Industries, Mine, and Trade Mohammad-Reza Nematzadeh told industrialists to start trade partnership and open credit lines (LC) in lieu of waiting…
"The budget bill submitted to the parliament by the administration for the next fiscal year is the least reliant upon oil revenues (in the history of the Islamic Republic of Iran)," President…
Russia has imported its first shipment of Iranian shrimp, Minister of Agricultural Jihad Mahmoud Hojjati announced in Bushehr as reported by IRNA on Tuesday.
According to the Statistical Center of Iran, the largest number of construction permits have been issued in the two provinces of Tehran and Isfahan, ISNA reported on Monday. The report went on to…
More than 850 thousand tons of commodities have been exported to Iraq via Chazzabeh border terminal during the first nine months of the current year (March 21- December 21), which illustrates a…
Deputy minister of roads and urban development Ahmad Asghari Mehrabadi says 90 percent of Mehr housing units will be completed by the end of next year (March 20, 2016), ISNA reported on Monday. “…
All sectors are connected to petrochemical industries one way or another, Mohammad Hassan Peyvandi, vice-director of national petrochemical company said on Sunday. “Nowadays basic needs of human…
Head of Iran’s chamber of commerce, mines, industries and agriculture, Gholam Hossein Shafeie, has called for the establishment of Iran-Bangladesh Trade Committee, saying that the body can play an…
Increasing the share of railroads in domestic transportation by 20 percent until 2025 requires more than 350 trillion rials ($12.9 billion at official exchange rate) in investment, Minister of…
The issue of oil price in Iran’s next budget (stating March 22) is still a source of controversy among business leaders, statesmen and lawmakers as falling crude in the international market…
The weakening of the Iranian currency against the dollar during the month ending December 21, created a 4 percent profit for export-oriented industries, based on a report released by Eqtesadnews…
Dairy manufacturers are selling their products at cheaper prices a few days before their expiry date, due to the dramatic fall in domestic consumption, ISNA reported on Monday. Following the…
Iran is planning to set up an industrial town in neighboring Armenia to open a new gateway to the Russian and Central Asian markets, Leon Aharonian, the president of Iran-Armenia Chamber of…
Non-oil exports from southwestern Iranian province of Khuzestan to Iraq increased by 70% during the first nine months of the current Iranian year compared to the same period last year,…
Iran is slated to hold an exclusive industrial and trade fair in Turkmenistan’s capital city of Ashkhabad on February 25, IRNA reported. Iranian industrialists and businessmen are expected to…
Fulfilling 95 percent of the domestic need, Samen Pharmaceutical Company exports the majority of its products to 28 countries despite the draconian sanctions imposed on the country, Abdollah…
An economic delegation from Iran headed by Akbar Torkan, senior advisor to President Hassan Rouhani, is taking part in the 7th Vibrant Gujarat Summit in the state of Gujarat, India January 11-13,…
