The Rouhani administration has allocated 110 trillion rials (more than $4 billion) to civil construction projects in the first six months of the current Iranian year (March 21-September 22),…
Domestic Economy
Capital gains tax should be an independent part of government income and should be included in the national taxation system, Minister of Economic Affairs and Finance Ali Tayebnia told reporters on…
First Vice President Es’haq Jahangiri has called for the budget and planning committee of the parliament to help the administration out of economic problems.
In a meeting with the…
A Belgian diplomat has said that businesses from her country plan to share their latest technical achievements in textile industry with Iranian industrialists, IRNA reported on Tuesday. A Belgian…
Iran and Oman are planning to establish a shipping line to facilitate maritime trade between the two countries, said Ali Akbar Sibeveih, Iranian ambassador to the sultanate.
"Discussions…
Qeshm Island located on the southern coast of Iran’s share of the Persian Gulf is the country’s biggest free trade zone by landmass. The island sits adjacent to the port cities of Bandar Abbas and…
The Iran-US Joint Chamber of Commerce will probably be established as soon as Iran and the P5+1 reach a comprehensive nuclear deal which would lead to the lifting of US-led sanctions, secretary…
Iran’s Customs Chief Masoud Karbasian arrived in Baku on Monday to meet with top Azerbaijani officials, including the Azeri minister for economy and industry, and minister for emergencies. In…
Vice president for executive affairs Mohammad Shariatmadari has said that Tehran is ready to help the new government in Afghanistan handle its economic projects. According to the presidential…
The 4th national job fair kicked off in Tehran’s prestigious Sharif University of Technology, hosting as many as 45 companies which are there to identify elite university graduates and other…
The number of international flights passing over Iran’s airspace rose 92.4 percent during the month of Shahrivar (August 23–September 22) as compared to the similar period last year, deputy CEO…
Bank Pasargad has purchased part of the shares of Tehran’s Imam Khomeini International Airport, after IKIA offered the shares on Tehran Stock Exchange (TSE), Saieed Chalandari, IKIA director…
Residents of the metropolitan Tehran area have a new online supermarket called Kandoo (meaning hive) to purchase their online goods. The supermarket which went live recently offers general goods…
Iran produces its own version of the Land Rover Defender and in the near future, the country will be the only place drivers can buy into the iconic Land Rover brand, since the main manufacturer,…
Value-added tax revenue grew by 80% in the period March 21 to August 22, 2014 compared to the same period last year, contributing to 95% of Tax Affairs Organization’s budget.
However,…
A day after the central bank released an inflation report, Statistical Center of Iran released its own report on the issue.
According to SCI report, inflation rate for the 12 months ending…
The government plans to amend the current budgeting process and instead, provide a detailed projection of all estimated income and expenses based on forecasted sales revenue for each fiscal year,…
Iran and Zimbabwe plan to intensify cooperation and exchange expertise in small and medium industries sector. Iran, for its part, will construct industrial parks in the African country, the head…
There are currently 1,500 oil companies in southern port city of Asaluyeh, while, about 1,200 of the educated indigenous inhabitants are currently unemployed, deputy chairman of the local council…
The government has allowed a total importation of 7 million tons of wheat for the current Iranian year (March 21 2014- March 21, 2015) of which 4.2 million tons have been imported so far, the…
A special committee from the Construction Engineering Organization is to revise the national construction law, said Abbas Akhoundi, the minister of roads and urban development. The revision of the…
The Swiss Foreign Minister has been quoted as saying his country would likely boost trade transaction with the Islamic Republic of Iran if the sanctions against the country are lifted. …
In a visit to Hormozgan Province, African diplomats named Iran as “the best and the most reliable route to transit grains from Central Asia to East Africa”, IRNA reported on Friday.
In our Saturday issue (Sept. 27, No. 18) we carried a piece ‘Gov’t Economic Roadmap - Will it Help End the Recession’. This is a follow-up to that article.
The National Water and Wastewater Engineering Co. in cooperation with the Energy Ministry is preparing to exclude potable water from non-potable water across the country, news reports said. A…
