Domestic Economy

The Ninth Iran Stone Expo 2016 is scheduled to be held from September 14-17 in the city of Mahallat in Markazi Province, central Iran, according to the executive director of the event.

Summer, particularly its final month of Shahrivar (started Aug. 22), is a popular time for Iranians to go on vacations by road where they unfortunately leave behind an alarming trail of death,…

The completion of road, highway, freeway and railroad projects in Iran requires up to 130 trillion rials (close to $3.66 billion at market exchange rates), according to deputy minister of roads…

Iran exported over 900,000 kilograms of henna worth $2.81 million in the first five months of the current Iranian year (March 20-August 21), the Islamic Republic of Iran Customs Administration…

An economic forum will be held in Yerevan on September 20 to explore ways of boosting cooperation between Iran and the Eurasian Economic Union, Armenian Economy Minister Artsvik Minasyan announced…

Due to the increase in red meat prices in the domestic market, the export of livestock has been banned from August 31 to October 1, the head of the National Assembly of Livestock Exporters said.…

Iran’s ports are clearly benefitting from the relaxation of sanctions on a tonnage basis year-on-year, though those gains have yet to materialize for the container trade.

More than 50 Iranian companies will participate in the second Specialized Iranian Exhibition in Azerbaijan dubbed “Iran Project 2016” scheduled for September 19-21, according to Iran’s commercial…

South of Iran Aquaculture Research Center affiliated to the Ministry of Agricultural has placed a ban on shrimp fishing as of September 6 in several fishing zones including Khuzestan Province’s…

More than 87,500 tons of non-crude oil goods worth nearly $316 million were exported from Kerman Province in southeast Iran during the first four months of the current fiscal year to June,…

The construction of a 191km railroad which is to connect the Iranian city of Khwaf in the northeastern Khorasan Razavi Province to Herat, Afghanistan’s third-largest city is making rapid progress…

So far 1,500 food companies have obtained halal brand license in Iran, according to the director general of the Islamic Chamber Research and Information Center (ICRIC). “At present, demand for…

Dentons’ Continental European arm is set to launch an Iran offering in association with local firm Arman Pirouzan Parvine Legal Institute.

Busy wiring a semi-manufactured metro car, Siamak Ghasemi was too concentrated to notice that he was being photographed.

When realizing that half a minute later, the 36-year-old gave a…

Banks have lent six trillion rials ($167.3 million) to 7,500 small and medium sized factories so far this year, according to Mohammadreza Nematzadeh, the minister of industries, mines and trade.…

The number of Iranian traders using railroad for exports to Turkmenistan has been on the rise following the neighboring country’s recent decision to increase tariffs on Iranian transit trucks, CEO…

Senior advisor to the president and Secretary of the High Council of Free Zones, Akbar Torkan attended the opening ceremony of Iran-Afghanistan Joint Exhibition in Kabul on Tuesday. More than 75…

Exports to Oman is expected to double in this fiscal year compared to last year’s $375 million, Iran’s commercial attaché to the neighboring country, Abbas Abdolkhani said.  The current…

Iran’s textile industry is as old as history. Carpet weaving, loom weaving, spinning, dying, embroidery, crochet, etc. was common among Iranians before industrialization set in almost a century…

Deputy Energy Minister Rahim Meydani says Iran must put an end to policies that promote water-intensive yet low-value agricultural products because “the country’s development won’t occur through…

Iran’s Small Industries and Industrial Parks Organization and the German state of Baden-Württemberg signed a 5-year memorandum of understanding to share technology and exchange trade delegations…

Local production of industrial valves used in primary industries including petroleum is one of the significant achievements of the country that was realized thanks to Joint Comprehensive Plan of…

The pistachio trees in a village in southern Iran are long dead, bleached white by the sun - the underground water reserves sucked dry by decades of over-farming and waste, reads an AFP report.…

The Economy Ministry has hit a brick wall in its seemingly untiring pursuit of privatizing the government’s industrial behemoths. These beat companies are deadweight on the fiscal budget and with…

Deputy minister of cooperatives, labor and social welfare Hamid Kalantari says non-oil goods worth more than $1.7 billion were exported by the cooperative sector during the past fiscal year (March…