Domestic Economy

Some 1,000 tons of cement and 28,000 tons of rebar are used every day for the construction of the Tehran-North Freeway, according to deputy minister of roads and urban development, Saeed…

Following the relaxation of sanctions, Iran now has plans for fresh development of its infrastructure and industry, and the country’s aluminum sector in particular has been targeted for key…

A 50-strong commercial delegation from Slovenia headed by the southeast European country’s President Borut Pahor is scheduled to arrive in Tehran on Tuesday, Iran Chamber of Commerce, Industries,…

The meetings of the Fourth Brazil-Iran Economic Commission concluded in Brasilia on Friday.

Minister of Economic Affairs and Finance Ali Tayyebnia led the Iranian side to the joint…

A delegation comprising 45 representatives of the private sector headed by President of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari has left Iran on Sunday for a…

The First International Exhibition of Horticulture, Inputs, Greenhouses, Related Industries, Machinery and Equipment, otherwise known as HIGEX 2016, will be held at Tehran Municipality’s…

Iran aims to ramp up wheat exports to clear a hefty surplus supported by a government self-sufficiency drive, but may continue to import some wheat to meet the quality requirements of local…

Twelve smuggled cars confiscated in Fars Province in the last Iranian year (ended March 19, 2016) will be exported to other countries, said the director general of the southern Iranian province’s…

The customs authorities of Iran and Armenia have signed a memorandum of understanding to increase cooperation.

The MoU was signed by the head of the Islamic Republic of Iran Customs…

Plans are underway to increase trade between Iran and Brazil to $5 billion from the current $2 billion per annum, Brazil’s Minister of Mines and Energy Fernando Coelho Filho said in his meeting…

The eighth round of National Population and Housing Census has been extended until Nov. 21, the census headquarters announced on Friday.

Two Iranian giants came to financial markets this week to raise money for their operations.

Iran's second largest automaker, SAIPA, and prominent energy group, MAPNA, sold 7 trillion rials…

India and Iran announced on Thursday the launch of an online portal for facilitating trade, which will provide an e-marketplace for buyers and sellers of the two countries.

Mazandaran Province is expected to produce more than 2.5 million tons of citrus fruit in the current Iranian year (March 2016-17), which would register close to 14% increase compared with last…

A look at Iran’s trade statistics shows a downward trend in the import of basic commodities since President Hassan Rouhani took office in 2013.

According to the Islamic Republic of Iran…

The Cabinet recently approved a bill allowing it to take $1.5 billion from the National Development Fund of Iran for creating jobs in rural and nomadic areas.

The money from Iran’s…

Iran exports semi-finished leather and imports processed leather priced three times higher, the secretary of Iran’s Leather Union said. “This means our country experiences all the adverse…

East Azarbaijan Province produced about 200 tons of pistachio from 160 hectares of land dedicated to its cultivation during the current Iranian year (started March 20), registering a 15% rise…

Around 200 commercial delegations have visited Iran after the signing of the nuclear agreement known as the Joint Comprehensive Plan of Action between the country and world powers in July last…

More than 200 representatives from China’s private transportation and infrastructure sectors attended the Housing, Transportation and Logistics Investment Summit in Beijing on Tuesday.

In…

US President Barack Obama’s administration said he would veto legislation seeking to block financial transactions related to the export of passenger aircraft to Iran, saying it would undermine the…

Iran exported 4.6 million tons of non-oil goods worth $2.2 billion to South Korea during the seven months to October 21. The export value during last year's corresponding period stood at only $59.…

The Islamic Republic of Iran Customs Administration announced that all customs procedures for exports are now being carried out electronically. Following the implementation of the so-called Single…

Data from nearly 19.5 million or 81% of households have been collected from across the country by field officers since the beginning of the door-to-door phase of the eighth National Population and…

As Tehran’s air pollution is getting worse every year, authorities are scrambling to find solutions.

The phenomenon is exacerbated in winter, as cold weather prevents air circulation within…