Domestic Economy

The International Monetary Fund, in its latest World Economic Outlook, predicts Iran's economy will contract this year and in the following year as a result of the reimposition of US sanctions…

The Ministry of Industries, Mining and Trade has banned the exports of timber, different kinds of chipboards and medium-density fiberboards, in a letter to the Islamic Republic of Iran Customs…

Maskan Investment Group has signed an agreement with the Urban Renewal Organization of Tehran for rehabilitating distressed areas of Iran's capital city.

Iran-Iraq Road Transportation Forum, attended by commercial, economic and political officials of the two countries, as well as people active in the international road transportation of cargo and…

1. Deputy President for Economic Affairs Mohammad Nahavandian: Foreign currency exchange rates are bound to drop lower. (ILNA)

2. Governor of Central Bank of Iran Abdolnasser Hemmati:…

The administration of President Hassan Rouhani has earned $350 million from money paid by conscripts to pay off their mandatory military service, a deputy of Iranian Public Conscription…

Iran's capital city Tehran has reached a point of saturation in terms of construction of new houses due to a highly faulty pattern pursued in the past few years, the deputy for planning, urban…

Iran ranks 78th out of 195 countries in its education and health care funding as measurements of its commitment to economic growth, findings of the first-ever worldwide scientific study show…

The Economic Cooperation Organization's Veterinary Forum attended by chief veterinary authorities from Uzbekistan, Kazakhstan, Afghanistan, Azerbaijan, Turkey and Iran will conclude in Tehran…

Close to 33.15 trillion rials ($245.55 million) worth of contraband goods were confiscated during the five months to Aug. 22, showing a 123% surge compared with the similar period of last year…

Exports of cement through Sarakhs border crossing in Khorasan Razavi Province to Central Asian countries by railroads stood at around 193,000 tons during the first half of the current Iranian…

A recent report published by the Ministry of Cooperatives, Labor and Social Welfare's Statistical Center provides extensive information about job tenure in Iran, i.e. the length of time workers…

Iran has a total of 217,000 kilometers of roads, for the maintenance of which 9 trillion rials ($600 million) are needed per year, the deputy head of Road Maintenance and Transportation…

Iran's apple production is estimated to decrease by more than 30% in the current Iranian year (March 2018-19) to reach 2.6 million tons, a board member of Iran’s Orchard Owners Union said.

Sanctions imposed on Iran by the United States offer an opportunity for Europe to develop its own independent financial institutions, France’s Finance Minister Bruno Le Maire said.

More than 37.67 million tons of commodities were loaded and unloaded in the southern Hormozgan Province’s Shahid Rajaee Port during the first half of the current Iranian year (March 21-Sept.22…

About 2.2 million tons of commodities worth more than $1.06 billion were exported from the western Kermanshah Province’s customs offices during the first five months of the current Iranian year…

Figures from the Central Bank of Iran show that foreign currency revenues from non-oil exports from August 7 to October 3 through Nima–the Integrated Forex Deals System launched by the…

Iran and Turkey signed three memoranda of understanding in the fields of horticulture, beekeeping and veterinary affairs.

The MoUs were signed in a meeting held in the Iranian capital…

Iran’s GDP growth in 2017-18 dropped to 3.8%, as the effect of a large surge in oil revenues in the previous year dissipated. 

More than 14,761 tons of butter worth around €24 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22), according to data released by the…

The construction of a factory to manufacture carton, cardboard, spray cans and glue in partnership with Iraqi investors began in Qazvin’s Caspian Industrial Town on Thursday.

The…

The ninth joint meeting of port managers of Caspian countries wrapped up in the port city of Aktau in Kazakhstan on Wednesday.

Close to 415,000 tons of non-oil goods worth more than $215 million were exported from the northern Mazandaran Province during the first half of the current Iranian year (March 21-Sept. 22),…

More than $80 million worth of seafood have been exported from Iran since the beginning of the current Iranian year on March 21, which shows a 20% increase compared with the similar period of…