Iran exported 9.3 million tons of non-oil goods worth $3.4 billion to Turkey during the eight months to November 20, registering a threefold hike in value compared with last year’s corresponding…
Domestic Economy
Despite tax relief for retailers and large state entities, the manufacturing sector, which is struggling with a prolonged recession, has been levied tax hikes on several occasions in the past few…
Iran's economic growth during the first half of the current fiscal year (started March 20), excluding the oil sector, stood at 4.5%, the government spokesman and president of Planning and Budget…
Iran’s non-oil foreign trade during the nine months of the current Iranian year (started March 20) stood at $63.12 billion.
According to the latest report released by the Islamic Republic…
Chabahar Free Zone in southeastern Sistan-Baluchestan Province will host the International Conference on Investment Opportunities in Makran on January 23-24.
Iraj Tajeddin, a spokesman of…
The annual cost of holding a prison inmate in Iran is nine times as much as that of a student.
The average Producer Price Index in the 12-month period ending December 20, which marks the end of the Iranian month of Azar, reached 3.5% compared with last year’s corresponding period. According…
Some 300,000 work permits have been issued for foreign nationals in Iran, according to an official with the Ministry of Cooperatives, Labor and Social Welfare.
“The permits issued are in…
Tehran Chamber of Commerce, Industries, Mines and Agriculture is planning to send a delegation of Iranian companies to the Czech Republic and Denmark from January 29 to February 3, 2017.
Baku is hosting a joint business forum between Iranian and Azerbaijani entrepreneurs on Dec. 27.
The average goods and services Consumer Price Index for urban areas in the 12 months ending December 20, which marks the end of the Iranian month of Azar, increased 8.6% compared with last year’s…
More than 1,430 tons of chewing gum worth over 69 billion rials (close to $1.71 million at market exchange rate) were imported during the seven months to October 21, according to figures released…
Rolls-Royce welcomes the decision by Iran Air to acquire 18 Airbus A330neo and 16 A350-1000 aircraft, which are powered exclusively by the Trent 7000 and Trent XWB engines respectively, the…
When oil revenues rise, the private sector’s power to compete is diminished, since it renders the government self-sufficient.
Mohsen Jalalpour, the former head of Iran Chamber of Commerce,…
Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American planemaker had said was worth $16.6 billion.
More than 163 tons of dairy cattle worth close to 28 billion rials (over $700.5 million at market exchange rate) were exported during the seven months to October 21, according to figures released…
The government will allocate 5 trillion rials ($125 million at market exchange rate) for an under-construction railroad connecting Chabahar Port to the city of Zahedan, both in Sistan-Baluchestan…
Alphaliner has listed the Islamic Republic of Iran Shipping Line as the 20th operator among the top 100 container lines, with a total capacity of 99,867 TEUs over 47 ships.
A conference dubbed Iranian Aviation Confex 2017 (IAC 2017) has been scheduled for April 17-18, 2017, in Tehran.
The event is themed “Transforming the Post-Sanctions Iranian Aviation…
Over 11,400 tons of cement were exported to Pakistan during the eight months to November 20, registering an over 100% growth, according to managing director of South East Railway Company.
Exporters will have one month to pay the value added tax from their sales, the head of Iranian Exporters Confederation, Mohammad Lahouti, said on Saturday.
Between 800 and 1,000 kilometers of highways have been constructed across the country every year since March 2013-14 when President Hassan Rouhani took office, according to Abdolhashem Hassan-Nia…
Iran exported 5.7 million tons of non-oil goods worth $1.9 billion to India during the eight months to November 20, registering a 6% increase in value over last year’s corresponding period. The…
Following rumors that an unidentified South Korean company fined by the Islamic Republic of Iran Customs Administration for evading import tariffs could be Samsung, IRICA has clarified that this…
When a country’s currency weakens, its imports go up in price but its exports gain competitiveness. This is an exhaustive cycle, however.
As exports rise, the country’s currency regains…
