As per an agreement between the chairman of the Agricultural Ministry’s Department for International Affairs, Houman Fathi, and the Finnish Ambassador Keijo Norvanto, a delegation of Finnish…
Domestic Economy
The Middle East Bank’s quarterly report published in January 2018 shows Iran’s current account surplus fell by 28.8% in the first quarter of the current fiscal to June 2017 compared to the same…
Iran’s non-oil trade with other countries in the first 10 months of the current fiscal year (March 21, 2017-Jan. 20) stood at $78.41 billion, indicating a rise of 9.5% compared with last year’s…
The Iranian Parliament begins to discuss the Majlis Joint Commission’s version of the fiscal 2018-19 budget on Sunday.
The lawmakers will first approve the general outline of the budget…
Trade between Iran and Greece exceeded €1.23 million during the 11 months to Nov. 30, registering a 92% hike compared with the similar period of last year, based on the latest Eurostat figures…
Iran imported $347 million worth of textiles and apparel production machinery and equipment during the nine months to Dec. 21, 2017, the director general of Textile and Clothing Department at…
More than 20,000 tons of agricultural products worth $24 million were exported from Iran’s Semnan Province during the first nine months of the current Iranian year (March 21-Dec. 21) to register…
More than three decades of sanctions have not negatively affected Iran's attractiveness as an emerging market.
The country has long been of geostrategic importance because of its…
The jobless rate is forecast by the Plan and Budget Organization of Iran to stand at 12.1% and economic growth to reach 5% in the current fiscal year (March 2017-18).
The average goods and services Consumer Price Index for urban areas in the 12 months ending Jan. 20, which marks the end of the Iranian month of Dey, increased by 10% compared with last year’s…
Trade Development Authority of Pakistan Secretary Inamullah Dharejo said bilateral trade with Iran is unlikely to see a surge as no Pakistani bank is ready to open its branch in the country due…
Regional turboprop manufacturer ATR is hopeful that worsening relations between the US administration and Iran will not hinder its business ties with Tehran.
ATR delivered eight aircraft…
Iran-UK trade stood at over €260 million during the 11 months to Nov. 30, 2017, registering a 29% rise compared with the similar period of last year, based on the latest Eurostat figures shared…
The Iranian flag carrier airline, Iran Air, will resume Tehran-Baku flights from Jan. 29, Mohammad Mir Rezaie, general director of Iranian travel agency Aysanparvaz, told Azerbaijan Press Agency…
About $73 million worth of unprocessed agricultural products, including raisins, honey, pistachios and cucurbit crops, were exported from Qazvin Province in the 10 months to Jan. 21, an official…
More than 1,220 tons of pomegranates worth close to $1.1 million were exported from Iran to six countries during the nine months to Dec. 21, 2017, the latest figures released by the Agriculture…
Over 171,000 tons of dates worth $167 million were exported from Iran during the nine months to Dec. 22, registering an 18% and 23% growth in value and weight respectively compared with last…
About $200 million worth of detergents are exported from Iran every year, the secretary of Detergent Producers Council said. Jamshid Forouzesh added that there is capacity to increase the output…
Iran and Azerbaijan will sign an agreement on the financing of Rasht-Astara Railroad project next month.
Announcing the above, Nurollah Beiranvand, the deputy head of the Islamic…
Tehran mayor’s fiscal 2018-19 budget bill is an exception to the last 10 years’ prevailing trend.
The city’s proposed 175-trillion-rial ($3.88-billion) budget for the next year is 2.2%…
South Korea’s second batch of steel weighing 5,500 tons was unloaded at the Iranian port of Chabahar in the southeastern Sistan-Baluchestan Province, an official with the province’s Ports and…
Iran and Belarus signed a bilateral cooperation roadmap and vision plan for the three years to 2020, specifying their mutual collaboration in the fields of politics, economy, banking,…
Beef supply in the domestic market is sufficient but due to people’s low purchasing power, the sales are low, the head of Beef Sellers Union said.
“The stocks are full and there is no…
More than 82,450 tons of different kinds of seafood worth $283 million were exported from Iran in the nine months to Dec. 21, 2017, registering a 23% and 37% growth in weight and value…
Iran came in 27th in World Economic Forum’s latest ranking of 74 emerging economies based on the Inclusive Development Index.
The index shows a 0.92% decline based on percentage change…