The goods and services Consumer Price Index for rural areas in the 12-month period ending December 21, which marks the end of the Iranian month of Azar, increased by 12% compared with last year’s…
Domestic Economy
The new direct taxation law will cut income taxes to make Iran’s business environment more competitive, the head of National Iranian Tax Administration said on Tuesday. The top end of personal…
Danish Foreign Minister and Deputy Prime Minister Kristian Jensen is in Tehran at the head of an economic delegation to meet Iranian political and economic officials to discuss bilateral…
Algeria is considering using the engineering prowess of Iranian firms to help the North African country build 23,000 kilometers of roads and highways.
This was announced by Algeria’s…
Iran is "raising the barriers against imports" for the next Iranian year (starting March 20, 2016) to stabilize the economy, Deputy Minister of Industries, Mining and Trade Valiollah Afkhamirad…
Recently lawmakers rejected the bill to establish dozens of new special economic zones, arguing that the move, in the runup to the parliamentary elections, might be politically motivated.
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Italy is ready to take its agrofood industry to Iran in February with a delegation of companies led by Italian Agriculture Minister Maurizio Martina. Cooperation in the agrofood sector began…
Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 180,000 tons of steel slab at the base price of $0.3 per kg and 20,000 tons of bloom ingots at the base price…
Afghanistan’s Chief Executive Officer Abdullah Abdullah, heading a delegation of Afghan officials, is due to arrive in Iran today to discuss ways of boosting bilateral economic ties.
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Flagging off the first pellet shipment of 66,700 tons to Iran in New Mangalore Port on Saturday, chairman and managing director of the Kudremukh Iron Ore Company Limited (KIOCL) said “it is a…
The Second International Conference on Holding Companies alongside a festival of top Iranian holdings will be held in Tehran on January 25, 2016. Islamic Republic of Iran Broadcasting’s conference…
The Producer Price Index for the industrial sector in the 12-month period ending June 21, which marks the end of spring, increased to 11.1% compared with the same period of last year, according to…
A total of 8.8 million tons of oil and non-oil goods crossed Iran’s borders during the nine-month period that ended on December 22, says director general of Transit and Border Terminals Bureau. “…
More than 600 people engaged in public relations and advertising will converge on the IRIB International Conference Center in Tehran on January 9 and 10 for the First National Advertising Festival…
Overall, 2015 was bad for the global economy, with crude prices crashing to record lows and steel gagging on a glut.
However, the historic nuclear deal Iran clinched with the world powers…
The Iranian government has invested substantially in the development of the healthcare system, with investments paving the way for an increase in the number of doctors and hospitals, although…
Iran is scheduled to hold an exclusive trade exhibition in Kabul, Afghanistan, during March 1-4, 2016, to showcase the capabilities of Iranian businesses in the neighboring country.
The government has purchased more than 8.5 million tons of wheat from local farmers so far in the current Iranian year (to end March 19), IRNA quoted Deputy Agriculture Minister Ali Qanbari as…
The government is planning to raise next year’s budget for special economic zones by 1.5 times that of the current Iranian year (ending March 19), says deputy industries minister and head of Iran…
Oil's share of the Iranian budget is dwindling, although crude prices dip further and the government struggles to avoid a cutback in fiscal spending.
The government is looking to earn…
Iran has enormous pent-up demand for the modernization of its infrastructure.
Roads, water and power lines as well as housing badly need to be upgraded, which offer an opportunity for…
About 2,000 tons of food colorings are consumed annually in Iran by the food and pharmaceutical industries, with more than 700 tons of this figure being imported and the rest produced by 15…
Between 800,000 and 1 million tons of rice need to be imported by the end of the Iranian year (March 19, 2016), according to Iran Rice Association. As part of a decree issued by Agriculture…
An Iranian trade mission plans to visit Bangladesh early January to explore business opportunities in the South Asian country, announced deputy minister of industries, mining and trade, Valiollah…
Iran should speed up trade expansion with Russia before it loses the tough competition to Egypt, Pakistan and India, says the head of Iran-Russia Chamber of Commerce, Asadollah Asgaroladi. “Iran…
