Domestic Economy

More than 23,650 tons of raisins worth over 1.2 trillion rials (about $37 million) were exported from Iran to 54 countries during the five months to August 22, the Islamic Republic of Iran…

Iranian steel mills produced 13.44 million tons of steel from the beginning of January this year up to the end of August, registering a 15.7% growth compared with last year's corresponding…

China, Iraq, the UAE, South Korea and India imported 68.7% of Iran’s total non-oil goods (including gas condensate) in terms of value, in the five months since the beginning of the current…

A total of 43.76 million tons of oil and non-oil goods were loaded and unloaded in the ports of the southern Hormozgan Province during the first five months of the current Iranian year (March 21…

The Islamic Republic of Iran Railways said Azerbaijan will provide Iran with €500 million worth of loan for completing the Rasht-Astara rail segment as part of the International North-South…

With the daily import of between 60 and 70 tons of red meat alongside domestic production, there is enough of the product to meet domestic demand during the months of Muharram and Safar (the…

With the aim of creating a free and competitive market, the government issued a directive to reform the sale of non-staple goods by allowing producers to avoid printing prices on their products…

Greenhouses will be established on 2,240 hectares in Iran during the current fiscal year (started March 21), the executive manager of the Greenhouse Expansion Project with the Ministry of…

Keeping tariff rates steady has priority over their revision since it will allow importers to measure the competitiveness of their commodities and make informed decisions, the head of Iran…

The southeastern province of Sistan-Baluchestan attracted foreign investments worth $1.86 billion during the first term of Hassan Rouhani’s presidency (August 2013-17).

“The province…

The Industrial Development and Renovation Organization of Iran signed a memorandum of understanding with the Russian Trade and Economic Development Council on Tuesday for expanding cooperation…

Recycling is a strategic industry, as it generates considerable value added and creates sustainable jobs. However, lack of investment has failed to realize its high potentials.

“The…

Close to 388 kilograms of caviar worth nearly 31.5 billion rials (around $965,400) were exported from Iran during the five months to August 22, registering a 10.5% and 3% fall in weight and…

An Iranian delegation comprising 30 members of Iran Chamber of Commerce, Industries, Mines and Agriculture active in the fields of construction, food, energy, banking, carpet and textile left…

The French Ministry for the Economy and Finance is planning to grant a €70 million loan to Iran for the renovation of the country's airport equipment and radars, said Jean-Baptiste Lemoyne,…

Iran’s confectionery industry has about 1,100 active production units, over 95% of which belong to the private sector.

According to Chairman of Agriculture Commission of Tehran Chamber…

An Iranian official said the country’s airport organization has concluded no deals with foreign firms on developing its aviation infrastructure since January 2016 when Tehran and world powers…

The wheat cultivation season will begin in the next two to three days and it is estimated that between 13.4 million and 14 million tons of the staple crop will be produced next year, an advisor…

The production of beverages makes up 7% of the Iranian food industry’s value added.

The presence of the chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture, as the representative of the Iranian private sector, in Cabinet meetings and commissions will benefit…

More than 55,200 tons of wheat worth close to $15.45 million were imported from six countries during the five months to August 22, the Islamic Republic of Iran Customs Administration announced…

Iran’s saffron exports have been hard hit as a result of huge loads of legal and illegal shipments of saffron bulb to neighboring Afghanistan over the past decade.

“This turned…

Iranian policymakers and people are laboring under the delusion that governments are solely responsible for providing cheap resources to the public, the special presidential aide for economic…

Iran has cut by 50% the 2017 tariffs on rail transportation of cargo in the Iranian strand of the India-Russia route to encourage trade via the International North–South Transport Corridor, Mehr…

Tehran will host an international conference on material flow cost accounting (MFCA) from September 19 to 21, the National Iranian Productivity Organization’s website reported. Leading experts…