Domestic Economy

  • Decline in Rice Imports
    Around 379,000 tons of rice worth $375 million were imported during the first three months of the current year (March 21-June 21), showing 7.9% and 1.3% decrease in volume and value respectively...
  • $357m in Credits for Agro Mechanization
    As per a memorandum of understanding signed with Keshavarzi Bank, the government allocated 15 trillion rials ($357 million) in credits for improving agricultural mechanization in the county in the...
  •  Safety of Elevators Questioned
    Out of 700 inspections carried out by Tehran Province Institute of Standards last year (March 2017-18), the elevator safety of only five buildings complied with standard requirements, says the head...
  • Ban on Export of 18 Agro Products
    The Islamic Republic of Iran Customs Administration has announced a ban on the export of 18 agricultural products “until further notice” as per a directive issued to all customs bureaus on July 4
  • ICCIMA: Agrifood Exports Show Ample Growth
    Almost 1.58 million tons of agricultural and food products worth $1.12 billion were exported from Iran during the first two months of the current Iranian year (March 21-May 21, 2018), registering...
  • 10m Doses of Avian Flu Vaccines Imported
    Iran Veterinary Organization imported 10 million doses of avian flu vaccines during the last three weeks, IRNA quoted Karim Ghanei, the authority in charge of IVO’s Taskforce to Fight Aviation Flu...
  • Cheap Loans for Small Firms
    Interest rates on loans to small-sized enterprises will be cut by 8% as per a memorandum of understanding signed between the Ministry of Industries, Mining, and Trade and the Central Bank of Iran,...
  • Heiko Maas
    Germany’s foreign minister said on Friday world powers would not be able to fully compensate for...
  • 6% Rise in Transit Through Iran
    A total of 2.44 million tons of oil and non-oil products were transited through Iran during the first three months of the current Iranian year (March 21-June 21), which register a 6% rise compared...
  • Government Recruitment Exam on Friday
    As many as 400,000 people have enrolled for Friday’s recruitment exam for public services posts, the head of Administrative and State Recruitment Organization said.  “A total of 18,000 jobs are up...
  • China’s Norinco Signs MoU to Build Iran’s 1st Tramway
    Qazvin Municipality has signed a memorandum of understanding with China’s Norinco International Corporation for the construction of tramway tracks in the Iranian city. This is the first time...
  • The information provided on the website of Economy Ministry includes budget expenditure and payments to ministries and public offices.
    Secrecy is a hard habit to ditch for governments. But at least it is becoming clearer that the executive branch of the Iranian government, when compared with other branches, is determined to take...
  • Over $166m Invested in Industrial Town, Parks
    Some 7 trillion rials ($166.66 million) were spent on the construction of 19 industrial parks and an industrial town in the last Iranian year (ended March 20, 2018), the head of Iran’s Small...
  • North Khorasan Lands 40 Investment Deals
    Forty preliminary deals were signed between investors, 14 of them foreign, and North Khorasan Province officials in Bojnourd, the capital of the northeastern province, on July 2 and 3. The...
  • Sports Facilities Increase by 8%
    According a recent report by the Statistical Center of Iran, a total of 6.6% of sports venues in the country were owned by the private sector in the fiscal 2015-16, marking an increase of 1.9%...
  • Agreement With Syria for Educational, Medical Research Cooperation
    Syria and Iran have inked a memorandum of understanding for cooperation in the field of higher education...
  • Ornamental Fish Imported From Four Countries
    More than 63 tons of ornamental fish worth more than $1.8 million were imported into Iran from four countries in the last Iranian year (March 2017-18), based on figures released by the Islamic...
  • Tabriz Hosting Two Expos
    Tabriz, the capital city of East Azerbaijan Province in northwestern Iran, is currently hosting two exhibitions, Tabriz 2018 Handicrafts Exhibition and the 19th Agricultural Machinery and...
  • 5.8 Percent Growth in Iran's Q1 Non-Oil Foreign Trade
    Iran’s non-oil foreign trade during the first three months of the current fiscal year (started March 21) stood at $22.87 billion, indicating a 5.8% rise compared with last year’s corresponding...
  • Apple Exports Double
    Iran exported 700,000 tons of apples in the past crop year (July 2017-18), which is more than twice the volume of exports in the preceding crop year. The total amount of annual apple production in...
  • Urban, Suburban Passenger Rail Transport  Up 15 Percent
    Around 6.7 million passengers were transported by urban and suburban railroads during the first three months of the current Iranian year (March 21-June 21), registering a 15% increase compared with...
  • Baghdad to Host Iranian Marketing Center
    A center dedicated to promoting the marketing and export of Iranian products and services will be launched in the Iraqi capital city of Baghdad on July 15, Iran’s commercial attaché to Iraq said...
  • Non-Oil Trade With CIS Registers Sharp Decline
    Iran’s non-oil trade with the nine members of the Commonwealth of Independent States, namely Russia, Azerbaijan, Kazakhstan, Armenia, Tajikistan, Uzbekistan, Kyrgyzstan, Belarus and Moldova, stood...
  • Strong Rise in Exports From Kurdestan
    About 490,000 tons of goods valued at $294 million were exported from Kurdestan Province’s customs terminals during the first quarter of the current Iranian year (March-June) to register a 68%...
  • US Determined to Enforce Secondary Sanctions on Iran
    The White House will strictly enforce the upcoming secondary sanctions on companies that do...

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