Trade ties between Iran and Belgium is to enter a new phase following a recently-signed MoU between the two countries’ chambers of commerce, Mohsen Khalili Araghi, head of Iran-Belgium joint…
Domestic Economy
The so-called Islamic State (IS) extremists earned up to $3 million in September alone just from illegal oil sales, according to US intelligence officials and experts, making the militants richer…
The Dokouhaneh border customs near the city of Nehbandan can be used as a gateway for the development of trade with neighboring Afghanistan, Abolfazl Razavi, first vice president’s deputy for…
The Ministry of Agricultural Jihad says it has plans to make more efficient use of water for irrigation purposes. “Less than 10 percent of arable land in the eastern province of Khorasan Razavi is…
The agriculture sector can act as an alternative for the oil sector, deputy minister of labor Eskandar Zand told Fars news agency on Wednesday. “Promoting agricultural exports can help bring the…
The vice presidency for strategic planning and supervision has required the ministry of roads and urban development to enforce 10 major programs to pave the way for the implementation of the basic…
Iran and Russia will use the Iranian rial and the Russian ruble in their foodstuff trade and probably in their other deals in the near future, Mehr news agency cited Asadollah Asgaroladi, head of…
The ministry of cooperatives, labor and social welfare has announced readiness to create jobs at cooperative businesses using unemployment benefits.
Airports across the country are to be equipped with new radar systems made by western companies, said Mohammad Ali Ilkhani, the managing director of the Iranian Airports Company (IAC), on Monday…
Taxes are expected to account for 32 percent of the government’s total revenues in the next fiscal year, starting March 20, 2015. Fortunately, in the budget bill proposed to the parliament on Dec…
Statistics released by Iran’s Customs Administration show that member states of the Organization of Islamic Cooperation (OIC) have been the major destination for Iran’s exports during the first…
An exclusive exhibition of Iran’s trade potentials will be held in Muscat, Oman, from January 6-10, the International Exhibitions Company of Iran announced. As IRNA reported, the event will be…
A government official has predicted that the housing market will not experience a price shock in the remaining months of the current Iranian year (ending March 20, 2015). However, the rental…
The government will pay 13 trillion rials ($481 million at official exchange rate) to the industrial sector by the end of this year, deputy minister of industry, mine and trade said. The subsidies…
The Management and Planning Organization (MPO) will be revived in the coming days, a senior advisor to the president told IRNA on Sunday.
Minister of Roads and Urban Development, Abbas Akhoundi, said on Saturday that leasing in the aviation industry is prohibited, warning that airlines operating with rented aircraft will not be…
The Rouhani government pays a great deal of attention to the supply side of the economy. However, for the sake of its own survival and that of economic growth, it should do more to spur a fresh…
About 700 kilometers of rural roads have been asphalted in the current year – which started March 21 – in collaboration with rural communities, Seyed Hossein Mirshafi, the deputy of roads and…
In the first eight months of the current year (March 21-Novemeber 21), 5.11 million tons of wheat were imported to the country, registering a 154 percent growth compared to last year, ECO News…
The vice presidency for strategic planning and supervision has required the ministry of economic affairs and finance to enforce 10 major programs in a bid to pave the way for the implementation of…
The value of trade between Iran and the 28 members of the European Union in October has witnessed a 37 percent increase compared to the corresponding period last year, Tasnim news agency reported…
Iran’s current “economic malaise” is the result of mismanagement during the past decade, Masoud Nili, senior economic advisor to the president, said on Wednesday.
Construction on Tehran heights is not a very new phenomenon. In recent years, certain factors such as surge in prices of land in the city have shifted the attention of builders to green spaces,…
The main responsibility of the Central Bank of Iran (CBI) at the present time is to “overcome the galloping inflation inherited from the former government”, President Hassan Rouhani told in the…
India has decided to launch a ‘reverse special economic zone’ in Iran, India’s Minister of Chemicals Fertilizers, Ananth Kumar, said on Wednesday as reported by IRNA. The Indian initiative refers…
