Domestic Economy

More than $73 million worth of investments were attracted in Bandar Anzali Trade-Industrial Free Zone Organization's projects during the first eight months of the current Iranian year (March 21-…

The government-proposed budget bill for the next fiscal year (March 2019-20) has been sent back to the Plan and Budget Organization to undergo structural reforms on the orders of Leader of…

Trade between the Economic Cooperation Organization members currently stands at $60 billion per annum, which is estimated to double and reach $120 billion by 2025. The announcement was made by…

Iran has called on the European Union to press US authorities to allow the delivery of Airbus passenger aircraft purchased by Tehran.  To upgrade its aging fleet, Iran Air ordered 200…

Frost has inflicted losses amounting to 11 trillion rials ($107 million) on Tehran Province’s agriculture sector during the first eight months of the current Iranian year (March 21-Nov. 21).…

Iran’s budget deficit came in bigger than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 391.4 trillion rials ($3.83 billion), the latest data released…

According to a new report published recently by the Statistical Center of Iran on the occasion of ‘Research Day’ in Iran (Dec. 16), 83,637 research and development projects were conducted during…

A joint meeting for surveying commercial opportunities between Iran and Basra was held in the southern Iraqi province on Sunday and Monday in the presence of Iranian Ambassador to Iraq Iraj…

Trade between Iran and the 28 member states of the European Union during January-October amounted to €16.58 billion, which shows a 6.66% rise compared with the similar period of last year.

The new minister of economy and finance Sunday was surrounded by a weary business community as he addressed board members of the Iran Chamber of Commerce, Industries Mines and Agriculture.

The Third International Exhibition of Transportation and Related Industries opened in Tehran on Sunday in the presence of Roads and Urban Development Minister Mohammad Eslami. 

The First Tehran Investment Opportunities and Public–Private Partnership Forum will be held at Parsian Azadi Hotel on Dec. 17.

About $300 million worth of commodities were exported from Iran's northern Mazandaran Province during the first eight months of the current fiscal year (March 21-Nov. 21), registering a 10%…

The Special Purpose Vehicle, a dedicated non-dollar payment channel created by Europe to keep trade flowing with Iran in defiance of US sanctions, is likely to be launched soon.  According…

Iran-Finland relations vis-a-vis US sanctions regime, cooperation between the Iranian and European small- and medium-sized enterprises, the Joint Comprehensive Plan of Action and a planned…

The contract between South Korea’s Hyundai Rotem and the Islamic Republic of Iran Railways for the production of suburban railbus wagons has not been terminated and is still in place. 

Iran’s share of Iraq’s 2-million-ton annual flour market stands at 320,000 tons or 16%, the chairman of Kermanshah Chamber of Commerce, Industries, Mines and Agriculture said. Keyvan Kashefi…

Close to 17.41 million tons of non-oil commodities were loaded and unloaded at Imam Khomeini Port in the southern Khuzestan Province during the first eight months of the current Iranian year (…

German exports to Iran soared in October, a month before the United States reinstated a second wave of sanctions on the Islamic Republic to choke its oil and shipping industries, data seen by…

Iran traded 43.15 million tons of non-oil commodities worth $24.41 billion with its 15 neighboring countries; namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman,…

The European Union’s foreign policy chief said on Monday a system to facilitate non-dollar trade with Iran and circumvent US sanctions could be in place by the yearend.

The percentage of healthcare spending accounted for 10.6% of the total household expenditure in urban areas and 10.3% in rural areas in the last fiscal year (March 2017-18). The Persian daily…

The First Iran-Lebanon Committee Meeting was held at Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran on Sunday.  The gathering surveyed the Lebanese market's benefits…

A total of 968,840 tons of rice worth more than $995.71 million were imported into Iran during the first eight months of the current Iranian year (March 21-Nov. 21) to register a 12.11% and 3.77…

The rise in the retail prices of goods that used the government’s subsidized foreign currency at a rate of 42,000 rials per US dollar (about three times cheaper than the market rate) was no less…