Domestic Economy

The share of large-scale housing construction projects from the housing sector activities is expected to increase up to 15 percent next year, director of the roads, housing and urban development…

Use of public transport decreased by 19% in the first half of the current year (March 21-September 22), compared to the same period last year.

a low inflation rate. “However, it should happen together with bridging the production gap,” Hassan Dargahi, a member of the specialized working group of Economic Coordination Committee of the…

Iran and Turkey continue to look for avenues of mutual cooperation as they aim to increase bilateral trade to $30 billion by the end of 2014, it was announced during a meeting between Mahmoud…

Construction of hydroelectric power plants has no dire effects on country’s water resources, a deputy minister of energy said late Monday.

The minister of industry, mine and trade says that a quicker exit from recession will be possible if the younger generation contributes to economic growth.

Tehran’s trade exchange with Vienna is expected to grow up to 10 percent by the end of 2014, deputy trade commissioner from the Austrian embassy told IRNA on Tuesday, saying that the number stood…

The transnational nature of agricultural and environmental challenges faced by Iran and its neighbours would require a concerted regional approach to address them effectively and in a sustainable…

Ministry of cooperatives, labor and social welfare is to execute a new development plan known as “Package of Seven”, which aims to make cooperative organizations more efficient and productive.…

Turkish officials have agreed to allow Iranian trucks cross Bazargan border into Turkey provided that Iran removes fuel price difference for those Turkish trucks with sealed fuel tanks, Reza Kami…

Importation of fruits of every kind, especially citrus fruits, is banned and no related permits whatsoever will be granted until further notice, deputy agriculture minister said Tuesday.

“…

The promising prospect of Iran’s nuclear negotiations with the world powers as well as recent efforts by different European countries to prepare the ground for their return to Iran as a hugely…

The government's main economic policy is to improve the business environment in a bid to strengthen the private sector's role in national production, First Vice President Es'haq Jahangiri said on…

Vice president for planning and strategic supervision Mohammad Baqer Nobakht says the Sixth Five-Year Economic Development Plan (2016-2021) is being formulated by his office.

Turkish transit authorities have left the Iranian administration’s calls for negotiating over truck transit fees unanswered, as the fee spat between the two neighbors continues to hurt truck…

About 40,000 Mehr housing units will be completed and delivered to the applicants by the end of the current Iranian year (March 20, 2015) in cities with a population of 25,000 or below, the head…

African countries, namely Ethiopia are looking to draw in foreign investments, said Ali Bahraini, the Iranian ambassador to Ethiopia. Ethiopia is granting five-year tax breaks to foreign companies…

Halal (religiously permissible) brand can provide Iran with abundant possibility to turn its food industry into a regional hub, which can supply ‘halal food products’ to Muslim nations in the…

The inflation rate for the seventh month of the Iranian calendar, ending on October 22, dropped 1.5 percent to reach 19.1 from 20.6 in the previous month (Shahrivar, August 22-September 22), the…

Minister of Cooperatives, Labor and Social Welfare Ali Rabie warned on Monday of what he called increasing urban poverty, saying that income distribution data shows that seven million people are…

Iran is determined to expand its trade ties with Japan, Valiollah Afkhami Raad, the head of Trade Promotion Organization of Iran said in his meeting with Tsuneyuki Kato, the executive manager…

The cabinet has approved a ministerial proposal to facilitate import and export procedures through a new online software, ISNA reported. According to Section 3 of the Article 12 in customs law,…