Domestic Economy

The CEO of Raja Rail Transport Company has called on the government to settle its 3-trillion-rial ($71 million) debt owed to this company as soon as possible.

Since the fiscal March 2014-15, 11 films have each managed to gross over 100 billion rials ($2.37 million).

The top three were screened in the current year (March 2017-18), Mehr News…

About $1.34 billion worth of non-oil commodities were exported from East Azarbaijan Province to 101 countries during the eight months to Nov. 22, registering a 9% rise compared with last year’s…

President Hassan Rouhani presented the budget bill for the fiscal 2018-19 to the parliament on Sunday, a document he called a blueprint for generating employment, eliminating poverty and…

Fish can now be purchased online in the provinces of Tehran, Mashhad, Tabriz and Shiraz through the website Onlinemahi.com, an official with the Iranian Fisheries Organization said on Saturday…

More than 3,000 tons of hand-woven carpets worth $269 million were exported from Iran during the eight months to Nov. 21, registering a 31% rise compared with the similar period of last year,…

‘Misbehaving: The Making of Behavioral Economics’ authored by the winner of the Noble Prize in economics for 2017, Richard Thaler, has been translated into Farsi by Behnam Shahaei and is now…

The Fourth International Exhibition of Wire, Cable, Rod and Tube Industry, also known as IRANWIRE, was held from Dec. 6 to 9 in Tehran’s Shahr-e-Aftab (Sun City) fairground.

The research arm of the Iranian Parliament expects the government’s general revenues to stand at 3.25 quadrillion rials ($77.47 billion) in the next fiscal year (March 2018-19).

This…

The 15th International Exhibition of Public Transportation and Urban Services, also known as ITUF 2017, is scheduled to be held at the Tehran International Fairground from Dec. 24 to 27.

Tehran Municipality will broaden its revenue sources, the capital city’s deputy mayor for planning and urban development said.

Iran has lagged behind Turkey in seizing the opportunities in the Qatari market after Saudi Arabia and four of its allies in the region, namely the UAE, Bahrain, Egypt and Libya, cut diplomatic…

Lack of information about the capabilities of Iran and Pakistan in the business communities of the two neighboring countries is hindering the promotion of bilateral trade, but the situation has…

The government has let go of economic rationality in the face of public pressure at least twice in just 100 days since President Hassan Rouhani was reelected.

Sugar imports have been banned until the end of the current Iranian year (March 20, 2018), deputy agriculture minister for expansion of commerce and processing industries, Ali Akbar Mehrfard,…

The Islamic Republic of Iran marked the fastest growth in industrial designs worldwide with a 34.8% increase, the United Nations intellectual property agency said on Wednesday. According to the…

President Hassan Rouhani is scheduled to submit the budget bill for the upcoming fiscal year (March 2018-19) to the parliament on Sunday after the Cabinet approved it on Wednesday, the…

Trade between Iran and Saudi Arabia is minimal, as commercial exchanges are carried out by intermediary countries, the deputy minister of industries, mining and trade and the head of Trade…

According to a recent report by the Statistical Center of Iran, the country’s industrial exports’ value saw a 10.66% decline in the second quarter of the current Iranian year (started March 21)…

The Ministry of Industries, Mining and Trade has decided to keep tariff rates on paper imports unchanged at 5% and allocate foreign currency at preferential exchange rates for its imports to…

Spanish Secretary of State for Trade Maria Luisa Poncela said Madrid will guarantee all investments by that country's investors in Iran.

Iranian state-owned animal feed importer SLAL has agreed to purchase about 120,000 tons of soymeal through an international tender at the weekend, European traders said on Monday.

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Chairman of Iran-Iraq Chamber of Commerce Yahya Al-e Es’haq has called on Iranian businesspeople to resume their activities in the Iraqi Kurdistan Region, noting that the security situation…

Pakistan and Iran have finalized the draft of the much-awaited Free Trade Agreement and the expeditious resolution of banking channel issues, official sources told Business Recorder.

India will start exporting container cargo to Russia via Iran and Azerbaijan from next month, as it moves forward to operationalize the International North-South Transport Corridor, India’s…