Production of mineral paper, a cheaper and more eco-friendly alternative to traditional paper, is set to get going in two months, announced the CEO of Pishgaman Asr Ertebatat Cooperative Company…
Domestic Economy
A single-digit inflation rate is achievable by the end of President Hassan Rouhani tenure, says the Minister of Economic Affairs and Finance Ali Tayyebnia, adding that “it is natural to see a slow…
Hamedan Province will be connected to the national railroad network as part of the Tehran-Hamedan railway project by the end of the current Iranian year (March 20, 2016), announced President…
To help boost trade, economic and industrial cooperation, a special taskforce will be formed between Iran and Japan. The decision was made in a meeting between Iran’s deputy minister of industries…
The Central Bank of Iran has reported a 10.2% increase in the Producer Price Index in the 12-month period ending August 22, which marks the end of the fifth Iranian month Mordad, compared to the…
During a meeting between Malaysia’s Ambassador to Iran Raja Nushirwan Zain al-Abedin, who was accompanied by a trade delegation, and the head of Tehran’s Chamber of Trade, Industries, Mining and…
In a television interview on Saturday on the occasion of the Government Week, which started August 24, Minister of Economic Affairs and Finance, Ali Tayyebnia provided a brief review of his…
Non-oil trade worth $33.8 billion was registered in the first five months of the current Iranian year (March 21-August 22), according to data released by Islamic Republic of Iran Customs…
As Tehran International Fairground prepares to host the 15th Tehran International Industry Exhibition October 5-8, more than 450 Iranian and 200 foreign firms have so far signed up to take part.…
The Ministry of Roads and Urban Development has advised companies shipping to Europe to avoid routes passing through Turkey, in the latest sign of how Iranian transit authorities have become…
It took the hairy, tough-skinned kiwifruit four decades to squeeze itself among Iranians’ fruits of choice. The past Nowruz - the traditional Iranian new year holiday- shortage of oranges was…
There are currently $14 billion worth of unfinished projects across the country, says the Vice President for Executive Affairs Mohammad Shariatmadari, adding that due to the government’s tight…
New mineral explorations have found Sangan Mine’s iron ore reserves to be at 1.2 billion tons, which make it a “world-class” iron ore mine, said the head of Iranian Mines and Mining Industries…
Iran will not import wheat this [Iranian] year (2015/16) for the first time in about a decade thanks to a bumper crop, said deputy minister of agriculture Ali Ghanbari.
About 1.5 million tons of horticultural products worth $2.8 billion are annually exported, said deputy minister of agriculture in horticulture affairs, Mohammad Ali Tahmasbi, adding that Iran’s 2.…
DP World, one of the world’s largest port operators, says it is in talks with relevant authorities to start port operations in Iran, which recently reached a deal with world powers to limit its…
Iranian airlines are gearing up for a removal of sanctions over Iran’s nuclear program by yearend as part of July-14 nuclear deal between with world powers.
Maku Free Trade Zone located near Bazargan border with Turkey in the northwestern province of West Azarbaijan is the most suitable gateway for trade with Europe, according to director general of…
The national budget bill for the next Iranian year (starts March 2016) will be presented to the Parliament by December 6, government spokesperson Mohammad Bagher Nobakht said on Friday, stressing…
Switzerland's ambassador on Thursday called Iran a "pole of stability" in the Middle East and urged companies to make the most of a lucrative market about to re-open after years of crippling…
Minister of Cooperatives, Labor and Social Welfare, Ali Rabiei says the positive economic growth experienced over the past one year has failed to lead to job creation.
The Czech Foreign Minister Lubomir Zaoralek will visit Iran on September 4-7 “to revive bilateral relations in the political and economic spheres, after years of stagnation,” the central European…
In a bid to reduce water consumption and boost the production of oily seeds and fodder, the government will soon implement the so-called ‘Beyond Border Farming’ program in three countries namely…
One of the key indicators of industrial development in a country is the degree to which high value added is obtained through domestic industries. In recent years, Iran’s industrial sector has…
More than 18,000 tons of seafood worth about $60 million were exported in the first four months of the current Iranian year (started March 21), indicating an 18% increase in terms of weight and 10…