Domestic Economy

Around $52.5 million worth of goods were imported during the past Iranian calendar year (ended March 20), SHATA quoted deputy minister of industry, mine and trade, Mojtaba Khosrowtaj, as saying…

A high-ranking Swiss business delegation led by former ambassador to Iran, Livia Leu Agosti, is due to arrive in Tehran today. The trade delegation’s visit, which aims at exploring business…

The harvest of the world’s most expensive mushroom known as truffle – the fruiting body of a subterranean Ascomycete fungus – has started in Meshginshahr in northwestern…

Railroad officials from Economic Cooperation Organization (ECO) member states are scheduled to take part in the 12th Meeting of Heads of ECO Railroad Authorities due to be held in Tehran on May 17…

Chairman of the export promotion department of Iran Chamber of Commerce, Asadollah Asgaroladi on Thursday anticipated that imports and exports could exceed $70 billion and $60 billion respectively…

According to the Statistical Center of Iran, the goods and services consumer price index for urban areas (CPI-U) increased 14.5 percent in the twelve-month period ending on April 20, which marks…

A real estate expert opines that due to overinvestment, commercial complexes will experience a challenge similar to what happened in the housing market 2 years ago, that is facing a surplus.

Close to 23,000 metric tons of sheep, valued at $115 million, were exported during the past Iranian calendar year (ended March 20), based on the latest statistics released by Iran’s Customs…

Potato exports increased the most among other agricultural products in the past Iranian calendar year (ended March 20), ISNA reported.

Iran is reported to have been Tajikistan’s fifth biggest trade partner after Switzerland, Turkey, Kazakhstan, Uzbekistan during the first quarter of 2015; IRNA reported, citing the latest…

Women’s participation in the economy increased by 0.1% in the third quarter of the past Iranian calendar year (ended March 20) compared with the previous quarter, an official from the ministry of…

Passenger air transport grew by 11 percent in the past Iranian calendar year (ended March 20) compared to a year before, head of Iran’s Civil Aviation Organization (CAO) announced on Tuesday, as…

Iran is ready to link Bulgaria’s railway network with those of China and East Asian countries, ISNA quoted Minister of Roads and Urban Development Abbas Akhoundi as saying on Tuesday. He made the…

Iran’s agricultural trade deficit decreased by 32% in the past Iranian calendar year (ended March 20), reaching $5.4 billion from the preceding year’s $8 billion, Abdolmahdi Bakhshandeh, a senior…

Minister of Economic Affairs and Finance Ali Tayebnia in a meeting with Pakistan's Commerce Minister Khurram Dastgir Khan, held in Tehran on Tuesday, underlined the potential for increasing mutual…

Contrary to what was initially expected, the framework nuclear deal reached between Iran and the P5+1 group in the Swiss city of Lausanne on April 2 failed to stimulate the domestic housing market…

Establishing six new Free Trade Zones has been approved by the Supreme Council of Iran’s Free Trade, Industrial and Special Economic Zones and the bills will soon be submitted to the parliament…

The two-day technology conference titled ‘German Technology meets Iranian Textile and Carpet’ organized by the German Engineering Association (VDMA) in Tehran ended on Wednesday. The conference…

Increasing non-oil exports is among the government’s top priorities during the current Iranian year (started March 21), First Vice-President Es’haq Jahangiri said on Monday, calling on all…

Work on a railway project that connects the cities of Boroujerd, Doroud and Khoramabad in the western Lorestan Province began on Monday, as reported by Mehr news agency.

Member of Iran’s Council of Saffron Ali Hosseini has warned about the growing trend of smuggling the bulbs of saffron plant into neighboring Afghanistan; saying if the trend continues…

Iran’s pharmaceutical exports reached a record high in the Iranian calendar year 1393 (ended March 21), with $200 million worth of medicine exported to 30 countries, head of Iran’s Food …

Iran and Turkey are working to expand their recently signed Preferential Tariff Agreement (PTA) to include more items in the list of commodities traded at preferential tariff rates, head of Iran’s…

A two-day technology conference 'German Technology meets Iranian Textile and Carpet' organized by the German Engineering Association (VDMA) and co-organized by German–Iranian Chamber of Industry…

A trade delegation from Switzerland, headed by former Swiss ambassador to Tehran Livia Leu, is scheduled to visit Tehran in the coming days to scope out business opportunities in Iran, IRNA…