Bandar Torkaman’s railcar repair and restoration center has fixed over 1,500 railcars in the past three years, according to Ebrahim Gran-Paha, Islamic Republic of Iran North Railway’s CEO. The…
Domestic Economy
The government needs 60 trillion rials ($2.24 billion) in investment to build rural roads and reach the target set in Iran’s 5th Five-Year Economic Development Plan (2011-2015).The ministry of…
Transit through Anzali Port, in the past seven months was up by a quarter compared to the same period last year. Over 374,918 tons of goods were exported to Russia, Azerbaijan, Turkmenistan and…
Living cost for each household in urban areas is about 18 million rials ($560 based on market rate) per month, according to a survey conducted by Statistical Center of Iran (SCI) in the first…
A confab was held in Tehran with the aim of assessing export opportunities in the Iranian carpet market and ways to export the product to China, which has been a rival for Iranian carpets in…
Turnovers of real estate agencies in Iran show the agencies’ dealings grew in the first half of the year (March 21 – September 22) after a steady decline in prices and a relative stability which…
The head of Iran’s Chamber of Commerce, Industries, Mines, and Agriculture, Gholamhossein Shafeie visited officials from Holland public and private sectors in Amsterdam on Sunday.
Minister of Cooperatives, Labor and Social Welfare Ali Rabiee called on Sunday for a reform on the overall function of the country’s existing funds, saying that they have great potential to be…
Trident, an American brand for chewing gum, has caused controversy in Iran after latest data found the gum contains sugar alcohol.Around $1.5 million of gums have so far been imported into Iran…
Amid recent debates over unauthorized financial institutions operating across the country, the Central Bank of Iran on Saturday evening released a list of banks and institutions officially…
Compared to times not in the too distant past, Iran's huge auto industry is going through a strange phase. On the one hand the big manufacturers are trying to meet market demand by raising output…
Relaxing and revising stringent regulations in the production sector should be taken into account when assisting manufacturers’ production and export, Behrooz Foroutan, a member of Iran Chamber of…
The country’s total medicine imports via flights in the first six months of the current Iranian year (March 21- September 22, 2014) registered 22.8 percent growth compared to the same period last…
The 3rd joint regional conference of the Economic Cooperation Organization (ECO) and the International Road Transport Union (IRU) opens on October 26 in Tehran, IRNA reported. The conference seeks…
An exhibition was held in Bishkek, Kyrgyzstan, on October 22-25 with a focus on Iran’s market.
In an interview with Fars news agency, Kyrgyz lawmaker, Tursunbai Bakir Uulu, said the event…
One may wonder why Iranian cement is even sold on China’s online shopping site Alibaba. It is not so surprising if one considers the fact that Iran is one of the largest producers of cement…
Iran will be able to access 4 billion cubic meters of water upon the completion of unfinished dams across the country, Energy Ministry Hamid Chitchian announced on Saturday.
Tehran and Amsterdam have discussed the expansion of bilateral trade ties during a meeting between the chairman of Iran’s chamber of commerce Gholamreza Shafei and his Ducth counterpart in the…
Farmers should not be burdened with paying high water prices, neither should low consumers in urban areas, presidential advisor Akbar Torkan told ILNA on Friday. “However, an increase in water…
Iran and Turkey have agreed to continue and broaden trade ties, Turkish Economy Minister Nihat Zeybekci said in meeting with the Iranian ambassador to Ankara, Alireza Bigdeli, as ISNA…
A trilateral agreement has been signed between the Iranian National Carpet Center (INCC), the governor of Fars Province and the provincial organization of industry, mine and trade for developing…
The amount of goods transited from Iran’s borders in the first six months of the year (March 21-August 22) shows 5.2% increase compared to last year’s figures, said Mohammad Atrchian, the director…
The ministry of industry, mine and trade has developed an export roadmap for 13 industries that covers the period from 2015 to 2025. Based on the estimates, exports should generate $80 billion…
In a meeting with Qatari Minister of Economy and Trade Ahmad bin Jasim bin Muhammad Al Thani, Iranian Vice President, Eshaq Jahangiri, expressed Tehran’s readiness for the enhancement of…
An Iranian delegation is in Istanbul to discuss ways of developing economic cooperation between Iran and Turkey, IRNA reported on Wednesday. Deputy chairman of the Trade Promotion…
