Domestic Economy

Construction shares in the South Korean stock market rallied on hopes of big development deals in Iran during President Park Geun-hye’s upcoming visit to the Middle Eastern nation in early May,…

Maritime trade ties between Oman and Iran were further bolstered on Saturday when a consignment of pipes shipped from Sohar Port and Free Zone was discharged at the Iranian port of Bandar Lengeh.…

The 23rd International Exhibition of Detergent, Cleanser, Hygienic, Cellulose Products and Related Machinery opened in Tehran on Sunday. More than 200 domestic firms and 145 companies from Turkey…

Imports of copper and non-copper wires will be subject to a 20% tariff rate in the current Iranian year (started March 20), according to Hossein Haqbayan, an official with the Wire and Cable…

A $4 billion market is up for grabs in Russia for Iranian food producers, especially exporters of nuts, protein products, fruit and vegetables, Iran’s Minister of Industries, Mining and Trade…

The goods and services Consumer Price Index for urban areas in the 12 months ending April 19, which marks the end of the Iranian month of Farvardin, increased 11.2% compared with last year’s…

Iranian steelmakers have set a record by exporting more than 4.1 million tons of steel products valued at about $7 billion in the last Iranian year (March 2015-16), which shows an over 4% rise…

Around five to six million Iranians are living overseas, constituting 7% of the total population of the country.

Figures on their wealth are unreliable, as different sources release widely…

South Korean banks are ready to finance Isfahan’s subway and international conference center projects, the head of a Korean delegation that entered Isfahan on Saturday to attend Iran-Korea…

Relations between China and Iran are unique primarily due to the level of trust between the two sides.

There are several instances where both have weighed favorably toward the other on…

A record high of more than 1 million tons of seafood was produced in the last Iranian year (ended March 19, 2016), according to the head of Iran Fisheries Organization. “Some 40% of the sum were…

More than 360 international companies from 34 countries are participating in the second “Project Iran” exhibition, which is being held at Tehran’s International Permanent Fairground on April 24-27…

An Irish delegation comprising officials of the country’s Department of Agriculture, Food and the Marine, and representatives of state-agency Bord Bia as well as 17 food companies were expected to…

With the lifting of sanctions, international exhibition organizers are turning their attention toward Iran.

Agricultural specialists believe that in view of the recurring nationwide droughts, progressive industrialization and migration of rural people to urban areas, all of which culminate in a decline…

Non-oil exports from East Azarbaijan Province amounted to $2 billion in the last Iranian year (ended March 19, 2016), the deputy head of the northwestern province’s industries, mining and trade…

Iran’s exports to South Korea saw a 6.7% rise in the first quarter of 2016 compared with last year’s corresponding figure and reached $638.69 million. Iran ranks 29th in the list of countries…

Iran’s economic growth rate over the past decade averaged at 2.4%, said the deputy head of Management and Planning Organization of Iran, Seyyed Hamid Pourmohammadi.  “The 20-Year Vision Plan…

An 11-member economic and commercial delegation from Portugal are due in Iran’s Alborz Province on April 23, according to Masoud Qasemi, general secretary of Alborz Chamber of Commerce, Industries…

Iran and Oman have started direct shipping via the Iranian port of Bandar Lengeh–located in Hormozgan Province on the coast of the Persian Gulf–and Oman’s Sohar Port with the export of pipes to…

A 22-member delegation of Rice Exporters Association of Pakistan left for a five-day visit to Iran on Friday to explore trade and investment opportunities in general and boost rice export to Iran…

Iran and Azerbaijan have officially started the construction of a rail bridge over Astarachay River, along their border, as part of a project to link the two countries’ rail networks.

The goods and services Consumer Price Index for urban areas in the 12-month period ending April 19, which also marks the end of the first Iranian month of Farvardin, increased by 10.8% compared…

The Iranian Parliament passed the government's budget for the new fiscal year (started 20 March 2016), last week.

The budget, already a stretch from the prior year, was further increased by…

Iran has signed an agreement with French aerospace company Thales Group to buy three Airport Surveillance Radars for Tehran’s Mehrabad International Airport and airports of the southern cities of…