Domestic Economy

The government's initiatives, including urban development tax rebates and construction incentives, have significantly lowered construction costs to help distressed urban areas.

Bio-fertilizers produced in Iran will be exported to Africa, the vice presidency’s director of Biotechnology Development Department said. "Under the agreement signed in this regard, Iranian…

Iran and Kazakhstan have signed an agreement on issuing permits for truckers commuting between the two countries to boost mutual cooperation in road transportation sector. The deal was signed…

For the first time, a steel ingot shipment weighing 1,200 tons has been transported from the Yazd Province to the city of Kashan in Isfahan Province via railroad.  The move is aimed at…

More than 193,000 tons of commodities worth over $137 million were exported from the southern Fars Province during the first seven months of the current Iranian year (March 21-Oct. 22).

The Islamic Republic of Iran Customs Administration has turned in its best-ever midyear profit during the first half of the current Iranian year (March 21-Sept. 22), according to a report…

Negotiations are underway with banks in Iraq and Afghanistan for enabling Iranian private sector players to repatriate their export yields as per the law and maintain trade, a senior private…

Health ministers of Iran and Indonesia have signed a memorandum of understanding to enhance cooperation in the health sector. Iranian Health Minister Hassan Qazizadeh Hashemi and his Indonesian…

Latest statistics released by the Statistical Center of Iran show the highest inflation among 12 goods and services groups in the Iranian month Mehr (Sept. 23-Oct. 22) was recorded for the “…

A total of 27,578 tons of pistachios worth around $270 million were exported from Iran to 70 countries during the first half of the current Iranian year (March 21-Sept. 22). This shows a 31.2%…

Tehran’s Mehrabad International Airport ranked eighth from among 46 leading airports of 25 countries in the Middle East and North Africa region. With 17.5 million travelers passing through its…

The goods and services Consumer Price Index for urban areas for the Iranian month Mehr, ending Oct. 22, increased by 36.9% compared with the similar month of last year. According to the Central…

Iran accounts for 98% of world barberry production, an official with the Agriculture Ministry said. Davoud Habibi also said barberry cultivation has created 50,000 direct and indirect jobs in…

Norway's Ambassador to Iran Lars Nordrum has met with top representatives of the Islamic Republic's private sector to discuss ways of boosting bilateral ties in the face of returning US…

The inflation gap measured by the Statistical Center of Iran between the first income decile (those with the lowest income) and the 10th decile (those with the highest income) increased 0.2% to…

The export price index stood at 849.2 for the sixth month of the current fiscal year (Aug. 23-Sept. 22), registering a 25.9% increase compared with the preceding month and a 240.6% rise…

A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of US sanctions hit, but will not be operational until early…

A high-level government official on Tuesday set in motion a previously approved piece of legislation that obligates all state executive entities to devise productivity drives.

More than 3.51 million tons of agricultural and food products worth $3.15 billion were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22), registering a…

A total of 908,833 tons of mineral products worth more than $15 million were exported from the southern Hormozgan Province during the first half of the current fiscal year (March 21-Sept. 22).…

Escalating tensions between the US and Iran have not impeded a surge in soybean business that resulted from China's decision to shun American shipments as part of the nation's trade dispute.…

The goods and services Consumer Price Index registered a year-on-year increase of 32.8% in the Iranian month Mehr (Sept. 23-Oct. 22) compared with the similar month of last year, the Statistical…

Senior officials of Afghanistan, India and Iran on Tuesday met in Tehran to discuss the development of Chabahar Port, a sign that India is committed to the project despite the threat…

The Islamic Revolutionary Guards Corps is selling its shares in two of Iran's major mobile network operators, Telecommunications Company of Iran and Mobile Telecommunications Company of Iran,…

Caretaker of the Ministry of Cooperatives, Labor and Social Welfare Anoushiravan Mohseni-Bandpey said a food aid package worth 6 million rials ($43) per household with an income of less than 30…