Growth in Iran, the second largest economy in the Middle East and North Africa region, is expected to reach 4.3% by 2020, with higher investment growth offset by lower oil production and limited…
Domestic Economy
Air pollution costs Iranians millions of dollars each year in deaths and diseases.
Some 137,960 public complaints against goods and service providers were filed with the Industries, Mining and Trade Organizations of Iranian provinces in the nine months to Dec. 21, 2017, 85% of…
Close to 542,000 trucks transited through Iranian borders, carrying a total of more than 14.8 million tons of goods in the first nine months of the current Iranian year (March 21-Dec. 21, 2017…
Iran exported about 1.37 million tons of processed food products worth more than $2.07 billion in the first nine months of the current fiscal year (March 21-Dec. 21) to register a 13% and 0.5%…
About 230 million ornamental fish were produced in Iran in the last Iranian year (ended March 20, 2017), of which 66 million worth $2.2 million were exported, registering a twofold increase…
The city of Tabriz in East Azarbaijan Province accounts for 35% of Iran’s hand-woven carpet production, the chairman of Tabriz Handmade Carpet Producers Association said.
Esmaeil Chamani…
During the ninth month of the current Iranian year (Nov. 22-Dec. 21), 358 cooperatives with an initial investment of 77 billion rials ($1.74 million) were founded in Iran, registering a 51%…
Dilapidated trucks of over 50 years will be prohibited from plying on Iranian roads as of the beginning of the next fiscal year (March 21), the chairman of the Islamic Republic of Iran Road…
Home appliance prices have increased by about 5% compared with a month ago, a spokesman of the Home Appliances Manufacturers Union said.
Iran and India signed an agreement worth $2 billion for cooperation in the rail sector.
The agreement was inked in New Delhi on Friday in the presence of Iran's Minister of Roads and…
The railroad connecting Iran’s northwestern city of Astara to the eponymous Azerbaijani city has been completed and will come on stream next week, Minister of Roads and Urban Development Abbas…
Major Iranian mining companies produced 258.13 million tons of mineral products in the first nine months of the current fiscal year (March 21-Dec. 21, 2017), registering a 15.3% growth compared…
As per the budget bill of the next fiscal year (starting March 21), the government will allocate a total of 3,270 trillion rials ($76 billion) to create more than 1.03 million jobs, the…
Turkey has completed more than half of a 144-km wall on its border with Iran and will finish it next spring, the Housing Development Administration of Turkey (TOKI) has stated. “We started this…
Officials from Iran and Azerbaijan will hold the 12th meeting of the joint economic commission of the two countries on Jan. 15-16 in Tehran, a diplomatic source told Trend News Agency.…
Chabahar Port offers a win-win situation for Iran and India, Indian Shipping Minister Nitin Gadkari said, adding that the port would be a growth engine for India as it opened up an alternate…
The agenda of the 14th meeting of the Belarusian-Iranian commission on economic cooperation, which is due to be held in Tehran late January, was discussed between Ambassador Extraordinary and…
Belarus’s state-owned ZAO Meat-Dairy Company and the Iranian company IMEX have signed a cooperation agreement to promote Belarusian agricultural products in the Iranian market, BelTA learned…
Iran exported some $4 billion worth of agricultural and agro processing industries’ products during the first eight months of the current fiscal year (March 21-Nov. 21), registering a 2.7%…
Sugarbeet production has reached 7.5 million tons so far this year, registering a new record, from which 1.9 million tons of sugar are estimated to be produced, an official with the Government…
The track-laying project covering 100 kilometers of Chabahar-Zahedan Railroad will be completed by March 20.
This was announced by Deputy Minister of Roads and Urban Development…
Iran and Italy will on Thursday sign a framework credit agreement worth €5 billion whereby Rome will help Italian companies invest in Iran, an Italian Treasury source said on Wednesday.
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In the budget bill for the next fiscal year (starting March 21), the government has allocated 70 trillion rials ($1.62 billion) to provide aid to underprivileged households and individuals…
Tehran Municipality’s budget bill for the next fiscal (March 2018-19) will be submitted to the Tehran City Council on January 20, the deputy mayor for planning and urban development said.