Iran ranks first among countries in the Near East and North Africa region when it comes to fuel and food non-targeted subsidies as a percentage of GDP, according to a new FAO report published on…
Domestic Economy
The export price index stood at 275.9 in the eighth Iranian month of Aban (Oct. 23-Nov. 21), registering a 5.7% increase compared with the preceding month and a 26.4% rise compared to last year’…
The goods and services Consumer Price Index in the 12-month period ending Dec. 21, which marks the end of the Iranian month of Azar, increased by 8% compared with last year’s corresponding…
Iran’s small- and medium-sized enterprises attracted some $2 billion worth of foreign investments during the first 100 days of President Hassan Rouhani’s second term, Minister of Industries,…
The Second National Exhibition of Metallurgy (steel, casting & related machinery) opened on Saturday in Ahvaz International Permanent Fairground with the participation of 50 domestic…
About 66,650 tons of fruit and vegetables worth 155.8 billion rials ($3.72 million) were exported from Alborz Province during the six months to Sept. 22, the head of Alborz Agricultural Jihad…
Trade between Iran and European Union member states stood at €1.85 billion in October, registering a 54% rise compared with last year’s similar period, according to the latest report released by…
The government has a record of running budget deficits.
Latest statistics by the Central Bank of Iran show the budget deficit over the first seven months of the current fiscal year (…
The customs bodies of Azerbaijan and Iran will prepare a plan in the framework of cooperation to combat customs offenses, the State Customs Committee of Azerbaijan said.
Afghanistan, Pakistan, Iraq, Turkey and Russia were the main export destinations for Iranian fruit juice and concentrates in the last Iranian year (March 2016-17).
Instead of expanding roads and highways in Iran’s metropolitan areas, there has to be an increase in the cost of utilizing the existing roads, tunnels, highways and parking spaces.
The Astara (Iran)–Astara (Azerbaijan) Railroad connecting the two countries’ rail networks is scheduled to be launched soon.
Director general of International Affairs Office with the…
Iranian steel mills produced 19.74 million tons of steel during January- November 2017, up 20.6% compared with last year’s corresponding period, the latest report released by World Steel…
More than 1.96 million tons of oil and non-oil products were loaded and unloaded in Kish Port in the south of Iran during the eight months to Nov. 21, registering a 47% increase compared with…
Iran is in talks with India’s Ministry of Commerce and Industry to purchase 250 diesel locomotives, Chairman of the Islamic Republic of Iran Railways said.
Imam Khomeini International Airport registered a traffic growth rate of 11.5% in 2017, 3% higher than the global average, according to the caretaker of IKIA Airport City Company.
Tehran’s Association of Macaroni Producers and Exporters has been formed under the auspices of Tehran Chamber of Commerce, Industries, Mines and Agriculture and it held the first meeting at the…
Iranian Health Minister Hassan Qazizadeh Hashemi and his Chinese counterpart Li Bin on Tuesday signed a memorandum of understanding to broaden bilateral ties in the health sector.
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President’s Special Aide on Economic Affairs Masoud Nili said the income ratio of the poorest to the richest is 1 to 86 in Iran, which is an unacceptable and unfair disparity.
“Should…
Pakistani Interior Minister Ahsan Iqbal underlined that his country’s Gwadar Port is not a rival of Iran’s Chabahar Port and called for expansion of cooperation between the two countries.…
Preparatory classes and mock exams are held for students preparing to take the university entrance exam, better known in Iran as Concours.
In the budget bill proposed to the parliament by the administration of President Hassan Rouhani for the next Iranian year that starts on March 21, 2018, some 10 trillion rials ($238 million)…
The Ports and Maritime Organization and the Iranian private sector on Monday signed 13 memoranda of understanding worth 100 trillion rials (close to $2.38 billion) to invest in Iran’s northern…
Iranian officials reached agreements with the head of Iraq’s General Customs Authority, Munther Abdul Amir Asad Haider, on issues hindering bilateral trade.
The electrification of the 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province will increase the speed of the line from the current 160 kph to 200 kph once the…
