Domestic Economy

The 18th International Industry Exhibition, also known as IINEX 2018, is scheduled to open at Tehran International Fairground on Oct. 13, according to the event’s official website at Idro-sanat.…

Seven deputy industries, mining and trade ministers have offered their resignation in a show of support for the so-called “law banning the reemployment of retired public employees”, which…

South Korea’s new ambassador to Iran, Yu Chang Hwang, said Korean companies will continue to work with Iran, despite the US pullout from the nuclear deal.

Yu was speaking in a meeting…

Around 101,000 tons of fresh tea leaves worth 2.01 trillion rials ($17.1 million) have been purchased from local farmers since the beginning of the current Iranian year on March 21, registering…

The import of foreign currency does not amount to smuggling and their import, as well as those of gold, is permitted without restriction, a directive issued to all customs offices across the…

More than 296 tons of chocolate worth $1.11 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22), data released by the Islamic Republic of…

The first half of the year is the high season for ice cream and fruit juice shops, which witnesses high sales.

“However, sales during the first six months of the current year (March 21-…

Renovation of terminals 1 and 2 of Tehran’s Mehrabad International Airport is expected to become complete by the end of the next fiscal year in March 2020.

Iran traded 1.36 million tons of non-oil commodities worth $659.80 million with Oman during the first five months of the current fiscal year (March 21-Aug. 22). This registers a 53.71% and 126.6…

Iran's economy grew 1.7% during the first quarter of the current fiscal year (March 21-June 21) compared with last year's corresponding period, the Statistical Center of Iran said it its latest…

Washington’s ambassador in Berlin has been pressuring German firms “daily” to comply with American sanctions on Iran, a spokeswoman said on Thursday, even as European governments look to shield…

Following fresh US sanctions on Iran over its nuclear program that puts the strategic Chabahar Port project in jeopardy and calls for a complete stop to all Iranian oil exports, India is in…

Iran exported 306,655 tons of tomatoes worth $112.08 million during the first five months of the current fiscal year (March 21-Aug. 22). This was announced in the latest data released by the…

Anzali Port in the northern Gilan Province will be connected, through a 3.8-kilometer rail route, to the national railroad system, according to the deputy minister of roads and urban development…

The government earned 3 trillion rials ($24 million) from departure tax in the first four months of the current year (March 21-July 22).  The figure indicates a rise of 177.2% compared with…

A sectoral review of the Central Bank of Iran's latest report on Iran's economic growth shows the oil sector had the biggest contribution to the gross domestic product during the first quarter…

Officials from Iran’s Road Maintenance and Transportation Organization of Iran, affiliated with the Ministry of Roads and Urban Development, held a meeting with Italian road transportation…

Iran traded 1.02 million tons of non-oil commodities worth $497.85 million with Thailand during the first five months of the current fiscal year (March 21-Aug. 22). This indicates a 7.99% and 20…

Iran climbed one step to rank 60th among 189 countries reviewed in the latest Human Development Index report released by the United Nations Development Program. 

Notably, the…

Tehran Chamber of Commerce, Industries, Mines and Agriculture plans to hold an educational course on drafting international business contracts, the official website of the chamber reported.

The ban placed by Afghanistan Customs Department on the import of Iranian oil products, cement, steel products, tiles and ceramics is related to Farah border crossing in Iran’s South Khorasan…

Close to 185 tons of press iron worth more than $1.13 million were imported into Iran from four countries during the first four months of the current Iranian year (March 21-July 22), data…

The Energy Ministry has been appointed as the body responsible for Iran’s joint economic commissions with Russia and Germany.

This was proposed by Foreign Minister Mohammad Javad Zarif…

A shipment of tar has been transited from Iraq to Pakistan for the first time through Iran’s railroad, the director general of the South East Railroad Company announced. 

Majid…

Iran traded 1.27 million tons of non-oil commodities worth $642.63 million with Pakistan during the first five months of the current fiscal year (March 21-Aug. 22). This marks a 23.31% and 19.72…