Iran’s flag carrier airline, Iran Air, has no plan to renovate its fleet with Russian-made Sukhoi jets, even now that buying aircraft from western planemakers has faced serious challenges amid…
Domestic Economy
More than 6 million tons of wheat worth 78 trillion rials ($1.8 billion) have been purchased from local farmers since the beginning of the current harvest season to shore up the country’s…
Iraq’s Agriculture Ministry had banned the import of Iranian garlic in 2015, which has now been lifted, said Iran’s commercial attaché to Iraq, Nasser Behzad, adding that it’s time to resume…
About 16,000 tons of seafood worth close to $50 million were exported from Iran during the first two months of the current Iranian year (March 21-May 21). Isa Golshahi, director general of…
More than 2,248 tons of cutlery worth close to $8.7 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…
Employment agencies are important pillars of economies worldwide, but they are in disarray in Iran not because they lack the required skills and expertise, but due to the mismanagement of…
Iran traded 1.7 million tons of non-oil commodities worth $1.45 billion with South Korea during the first three months of the current fiscal year (March 21-June 21), registering a 28.95% and 9.…
More than $341 million worth of decorative stones were exported from Iran during the last fiscal year (March 2017-18), registering an increase of 24.45% compared to the year before.
The…
From around 98,000 economic and industrial production units, only 2,000 or about 2% have a research and development department.
This is a huge gap that should be bridged if…
The construction of an industrial city will soon start near Parvizkhan Border Checkpoint between Iran and Iraqi Kurdistan.
“The industrial city, to be constructed on a 125-hectare plot,…
Iran exported 27,227 tons of evaporative coolers worth $75.71 million during the first three months of the current Iranian year (March 21-June 21).
The above data were culled by…
Tehran accounted for 58% of government’s tax revenues (560 trillion rials or $12.87 billion) in the last fiscal year (March 2017-18), Mohammad Reza Nouri, the director of Tax Administration of…
The private sector will file a complaint against the government for the repeated power outages of recent weeks, the deputy head of Industries, Mines and Trade House of Iran said.
One of the wonders in this day and age, in Iran, is the formation of a taskforce to intensify the fight against hoarding to help maintain market balance by the Ministry of Industries, Mining and…
Iran traded 1.58 million tons of non-oil commodities worth $791.4 million with Afghanistan during the first three months of the current Iranian year (March 21-June 21), registering a 5.13% and…
Iran is an important neighbor of Turkey, Turkish diplomatic sources said on Friday during a meeting with American officials to defend their country’s interests against the looming reimposition…
Less than three weeks before the first wave of US sanctions against Iran kicks in, India on Wednesday made it clear that its bilateral relations with Tehran stand on their own and will not be…
Iran exported 519,790 tons of watermelon worth $95.46 million during the first three months of the current Iranian year (March 21-June 21), Financial Tribune’s data analysis based on the Islamic…
European efforts to keep Iran in the nuclear deal (formally known as the Joint Comprehensive Plan of Action) will face major challenges, including US attempts at sabotage.
Iran traded 3.47 million tons of non-oil commodities worth $1.77 billion with Iraq during the first three months of the current fiscal year (March 21-June 21), registering a 1.12% and 9.11%…
Just a few days before the beginning of the 2018 World Cup, analysts with football data site Transfermarkt put the value of Iran’s national football team at around £38.3 million ($50.26 million…
Close to 28,117 tons of peanuts worth about $34 million were imported into Iran from seven countries during the last Iranian year (March 2017-18), based on figures released by the Islamic…
The government has purchased more than 300,000 tons of colza worth around 9 trillion rials ($209.3 million) from local farmers so far this year, indicating an 85% rise in tonnage compared with…
As it races to save the Iran nuclear deal, the European Union has so far failed to give European companies the certainty they need to keep trading with Tehran.
A factory producing different kinds of plastic products was launched in Chabahar Free Trade Zone in the southeastern Sistan-Baluchestan Province on Tuesday.
Some 360 billion rials ($8.37…
