Domestic Economy

Representatives of 11 Spanish companies are scheduled to visit Iran during December 12-14 to meet their Iranian counterparts and discuss ways of forging cooperation.

The Iran-Chile Agriculture, Business Forum was held at Iran Chamber of Commerce, Industries, Mines and Agriculture’s headquarters in Tehran on Sunday.

Kermanshah exported close to 3.9 million tons of goods worth nearly $1.3 billion during the eight months to Nov. 21, according to the director general of the western Iranian province’s Customs…

Chicken and egg exports have come to a halt due to an outbreak of the highly contagious H5N8 bird flu virus at farms located in the Tehran region, according to the chairman of the Association of…

Exports from Shahid Rajaie Port in southern Iran amounted to 5.3 million tons worth more than $1.6 billion during the eight months to November 21, registering a 47% and 33% increase in weight…

Iranian Minister of Economic Affairs and Finance Ali Tayyebnia met with Brazilian Minister of Mines and Energy Fernando Coelho Filho in Tehran on Sunday to discuss ways of broadening economic ties…

Iran exported $166 million worth of hand-woven carpets during the seven months to October 21, registering a 17% increase compared with the corresponding period of last year, according to the head…

President Hassan Rouhani submitted the budget bill for the 2017-18 fiscal year, which begins in March, to parliament on Sunday. 

The bill projects larger revenues from taxes and oil…

Representatives of French firms are in Tehran this week to offer solutions in the fields of aerospace maintenance and airport infrastructure.

The 13th meeting of Iran-Russia Economic Commission will be held in Tehran on December 13. 

The two sides will survey ways of enhancing bilateral cooperation in a wide range of fields…

Telepizza, the leading pizza restaurant chain based in Spain, has announced its planned arrival in Iran as of March 2017 via a strategic master franchise alliance with its partner Momenin…

The number of people looking for jobs has risen by 20% over the seven months of the current fiscal year (started March 20), an official with the Ministry of Cooperatives, Labor and Social…

The world's largest shipbuilding company Hyundai Heavy Industries Co., looks set to clinch a deal with Iran to supply 10 ships.

Close to $118 million worth of non-oil products were exported from Golestan Province in northern Iran during the seven months to October 21, 2016, according to the head of the province’s…

The Ministry of Agriculture has banned the import of walnut because of bumper production of the crop in excess of domestic demand, an official with the ministry said. Ramezan Rouyintan added that…

India’s UCO Bank Ltd will open its Tehran office by the yearend, Iran’s Foreign Minister Mohammad Javad Zarif said, citing a top official with the Central Bank of India as saying. 

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Agriculture Minister Mahmoud Hojjati and Dutch Minister of Economic Affairs Henk Kamp signed a memorandum of understanding in Amsterdam on Friday to enhance cooperation in the agriculture sector.…

The average Producer Price Index in the 12-month period ending November 20, which marks the end of the Iranian month of Aban, reached 3.3% compared with last year’s corresponding period.

Leading an economic delegation, Foreign Minister Mohammad Javad Zarif is to set off on a tour of India, China and Japan on Saturday. The delegation comprises directors of 38 companies affiliated…

The return of 17 international shipping lines to the provincial ports since the implementation of the Joint Comprehensive Plan of Action is a great success, the governor of Hormozgan Province said…

Intermediate goods constituted 68% of the value of Iran's imports during the eight-month period ending November 20.

According the Islamic Republic of Iran Customs Administration's latest…

Iran’s Minister of Cooperatives, Labor and Social Welfare Ali Rabiei is scheduled to attend the 16th Asia-Pacific Regional Meeting of the International Labor Organization in Bali, Indonesia, from…

President Hassan Rouhani will ask for a smaller budget from the parliament for next year. The government is rolling back its expenses in appreciation of economic realities.

He will take the…

Early frost has cost orange, kiwi, and livestock and poultry farmers in Mazandaran Province an estimated 6 trillion rials, 1 trillion rials and 2 trillion rials (over $157.5 million, $26.3 million…

Trade between Oman and Iran has surged since international sanctions were lifted against Iran earlier this year.