Domestic Economy

  • Germany’s Lufthansa is excited by the possibilities offered by the opening up of Iran, especially for its maintenance and catering divisions, the airline group’s chief executive told Reuters.

  • A delegation of businesspeople and investors from the Czech Republic led by the European country’s Minister of Foreign Affairs Lubomir Zaoralek met with members of Isfahan Chamber of Trade,…

  • Pistachio harvest from Sistan-Baluchestan orchards has started and will continue until October, said the director of horticulture affairs of the province’s Agricultural Jihad Organization.  “…

  • The joint conference on Iran-Afghanistan trade opportunities attended by the Islamic Republic of Iran’s deputy chief of mission of to Afghanistan, Ali Edalat, and head of Afghanistan’s Investment…

  • Trade between the commerce chambers of the Developing-8 member states has the potential to rise from the current $98 billion a year to $150 billion, said the Iranian secretary-general of the…

  • Spanish Foreign Minister Jose Manuel Garcia-Margallo, Industry, Energy and Tourism Minister Jose Manuel Soria and Development Minister Ana Pastor will lead a 70-member business and trade…

  • Industrial Production Index fell by 19.3% in the first quarter of the current Iranian year (March 21-June 21) compared with the similar period of last year, according to a report by the Central…

  • Just like every other summer-end, rice farmers are busy harvesting the paddies; this year though, with some peace of mind.

    The prospective increase in production due to favorable climatic…

  • The Ministry of Industries, Mines and Trade has issued an announcement urging apparel importers and retailers to register their business information with the ministry’s database until September 18…

  • Transit goods constitute 420,000 tons of the total 820,000 tons of commodities which crossed Sarakhs rail border (northeast of Iran on Turkmenistan border) during the first five months of the…

  • In a meeting between Thai Ambassador Ramsee Chittham and head of Shiraz Chamber of Commerce, Industries, Mines and Agriculture Fereydoun Forghani in the capital of Fars Province on…

  • Iran is likely to record the largest budget deficit since the 1980-88 war with Iraq as last year's drop in oil prices proved too steep for the government to swallow. Although budget deficits are a…

  • The Organization of Islamic Cooperation’s International Business Center will hold the 6th Muslim World Biz Expo in Kuala Lampur October 27-30, the Iranian executive manager of the organization…

  • Emirates is looking to add more flights to Iran, including to new destinations, Emirati media quoted a senior executive as saying on Tuesday, the day it launched flights to Mashhad, Iran’s second…

  • Unwinding the sanctions on Iran opens up one of the largest emerging markets to foreign investment and trade. There is huge potential across a range of sectors - in particular oil and gas and…

  • Saffron harvest will start in October, says deputy minister of agricultural Jihad Mitra Majdzadeh. The official, however, noted that the precise time of harvest will depend on the climate…

  • Europe’s largest airline Lufthansa is in talks with the government over the past weeks for direct investment in airport construction in Iran, ISNA quoted member of Commission of Representatives at…

  • About $350 million worth of seafood will be exported by the end of the current Iranian year (March 20, 2016), said the head of Iran’s Fisheries Organization. “After the lifting of sanctions and…

  • More than 5.25 million tons of oil and non-oil goods crossed Iran’s borders during the first 5 months of the current year (started March 21), said the director general of Transit and Border…

  • The ongoing infrastructural development projects in Iranian ports will increase their nominal capacity by 5% to reach 210 million tons by yearend, said deputy head of Ports and Maritime…

  • Addressing the third meeting of Iran Chamber of Commerce, Industries, Mines and Agriculture on Sunday, Masoud Nili, senior economist and advisor to President Hassan Rouhani outlined the challenges…

  • Emirates Airlines’ Mashhad-Dubai flight is scheduled to take off on Tuesday, said the managing director of Khorasan Razavi Airports Company, Mohammad-Bagher Ghasem-Zadeh.

  • More than $361 million worth of goods were exported from East Azerbaijan in the first four months of the current Iranian year (started March 21), indicating an 8% increase compared to the similar…

  • Despite general reluctance in Iran to fly in Russian-made airplanes due to their poor safety record, recent unconfirmed reports say there have been discussions on possible acquisition of Russian…

  • South Khorasan’s minerals reserves are estimated at 2.4 billion tons, 414 million tons of which were discovered two years ago when President Hassan Rouhani took office, said the deputy head of the…