Domestic Economy

Opium substitution treatments such as methadone maintenance treatment  (MMT) have reduced the costs of substance abuse and protected the livelihood of individuals grappling with drug…

Currently 80% of the pesticides needed in Iran’s agriculture sector are produced inside the country, the head of Plant Protection Organization of Iran, Mohammad Ali Baghestani, said.

“All…

The 26th International Exhibition of Home Furniture, otherwise known as HOFEX 2017, is scheduled to be held from August 1 to 4 at Tehran’s International Permanent Fairground.

The latest report released by the Central Bank of Iran indicates a slowdown in inflation’s uptrend.

The average inflation rate for the 12 months ending July 22, which marks the end of the…

Brazil exported about $2.2 billion worth of commodities to Iran and imported $75 million in return in the last Iranian year that ended on March 20, 2017, the head of Iran-Brazil Joint Chamber of…

Iran can achieve self-sufficiency in sugar production within the next four years provided domestic factories are equipped with up-to-date machinery.

China has traditionally been Iran's biggest trading partner. The Joint Comprehensive Plan of Action, the official name of the nuclear deal Iran signed with world powers, including China, in 2015…

President Hassan Rouhani is poised to unveil his choices for the new Cabinet in early August.

Sustainable food production and supply are indispensable for a nation’s survival and security.

Agriculture sector plays a strategic role in ensuring the same and promoting economic…

About 31,000 tons of zucchini and pumpkins worth close to 33.78 billion rials ($8.93 million) were exported in the last Iranian year that ended on March 20, 2017, the Islamic Republic of Iran…

About $312 million worth of commodities were exported from Markazi Province during the first four months of the current Iranian year (started March 21), registering a 63% increase compared with…

The goods and services Consumer Price Index for rural areas in the 12-month period ending June 20, which marks the end of the Iranian month of Khordad, increased 8.8% compared with last year’s…

An Iranian economic delegation headed by Masoud Khansari, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to visit Switzerland from September 27 to 30 at…

The government has set the seafood production target at 1.6 million tons per annum by 2022.

Close to 1.36 million tons of goods worth more than $47.14 million were exported to 85 countries from Isfahan Province in the first four months of the current Iranian year (March 21-July 21),…

Russian aircraft manufacturer Sukhoi Company has dismissed a report released by Russian news agency Sputnik on Wednesday that Iran’s Defense Ministry had signed a contract to buy 12 Sukhoi…

While many sanctions on Iranian goods and services remain in place, the Joint Comprehensive Plan of Action (the formal name of the nuclear deal Iran signed with world powers in 2015) permits…

The railroad from Tehran to the eastern city of Mashhad will have the capacity to transport 25 million passengers and 10 million tons of cargo per year as soon as it is electrified, the CEO of…

Iran’s non-oil foreign trade during the four months of the current Iranian year (March 2017-18) reached $29.27 billion, indicating a 6% rise compared with last year’s corresponding period.

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Calls on the Iranian government to cut interest rates are getting louder, with critics of the current monetary policy arguing that the gap between inflation and interest rates will undermine the…

Around 6,400 tons of different kinds of dates worth more than 550 billion rials (over $14.54 million) were exported from Hormozgan Province in southern Iran during the first four months of the…

Each Iranian consumed 198 eggs on average in the last fiscal year (March 2016-17).

According to Secretary of Iran’s Union of Producers of Egg-Laying Hen Farzad Talakesh, the consumption…

Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to host a business forum attended by a delegation from Syria at its Tehran headquarters on July 31.

Iran’s Defense Ministry has signed a contract with its Russian counterpart to buy 12 Sukhoi Superjet 100 passenger planes.

When Zuao Ru Lin, a Beijing entrepreneur, first heard about business opportunities in eastern Iran, he was skeptical. But then he bought a map and began to envision the region without any…