Domestic Economy

German exports to Iran jumped 30 percent last year to 2.4 billion euros, data from the Federal Statistics Office showed on Tuesday, bolstered by the easing of Western sanctions amid…

“The parliament on Tuesday rejected a proposal by the Joint Committee which would have led to an increase in fuel prices,” Head of the Management and Planning Organization, Mohammad Bagher Nobakht…

The average lifespan of buildings in Iran is between 25 to 30 years, while the figure is 150 years in developed countries, Majid Veldan, an official with Iran Construction Engineering Organization…

More than 14 metric tons of hydroponic strawberries have been produced in Qeshm Island, located in the southern Hormozgan Province, in the current year (ends March 20), according to the public…

Iran is to export 100,000 metric tons of chicken in the upcoming calendar year (starting March 21), deputy minister of agricultural Jihad Hassan Rokni said in a meeting with his South African…

Minister of Communication and Information Technology, Mahmoud Va’ezi, has proposed a trilateral summit with Turkey and the Republic of Azerbaijan to be held in the Iranian capital of Tehran, IRNA…

The ministry of road and urban development is negotiating with the National Development Fund of Iran (NDFI) for funding eight road construction projects worth around $5.6 billion, said a deputy…

Iran-Iraq trade value currently stands at $12 billion and the amount could increase to $20 billion if the current banking issues are resolved, ISNA quoted head of Tehran’s chamber of commerce,…

The total value of Iran’s exports to Russia amounted to $400 million in the first 11 months of the current Iranian year, which ends on March 20, half the level of exports to the northern neighbor…

It has been a while since the issue of eliminating high-income households from the list of cash subsidies came under the spotlight; however, the fact that identifying the rich might not be that…

The inflation rate reduced and reached 15.2 percent in the 11th month of the Iranian calendar, Bahman (the month ending on January 20th), according to Mohammad Baqer Nowbakht, head of Management…

According to the latest statistics released by Iran’s Customs Administration (ICA), the  non-oil exports reached $46.30 billion in the first 11 months of the current year (to end March 20…

Food security and self-sufficiency have often been discussed in Iran as two interdependent variables in the context of food policy after the 1979 Islamic Revolution. However, experts now believe…

Since the 1979 Islamic Revolution, corruption has been a social problem to be tackled. However, the adopted methods have proved ineffective since they are unsystematic, poorly assessed, and inapt…

Transactions in the housing market in the first nine months of the current Iranian calendar year (March 21-December21) registered a 60 percent growth compared to the same period last year,…

Iran has become self-sufficient in chicken farming and producing dairy products, ILNA quoted Minister of Agricultural Jihad Mahmoud Hojjati as saying. The minister added that as a major world…

The first direct flight from Berlin to Tehran was launched by the German airline Germania, on Sunday, with Iran’s Ambassador to Germany, Ali Majedi, and Germania’s CEO, Karsten Balke, taking part…

The private sector has invested 12 trillion rials (about $434 million) in Shahid Raja’ee port so far this year (to end March 21), CEO of Ports and Marine Organization (PMO), Ebrahim Idani said in…

Exports from the southeastern Kerman Province have increased by 170 percent on a year-on-year basis, Mehr news agency quoted provincial governor Ali-Reza Razm Hossein as saying. The official…

Exports of leather fell by nearly 30% this year, deputy head of the Association of Leather Producers and Exporters, Mohammad Lahouti, said on Saturday. “Iran’s leather industry has great potential…

Out of the 11 licensed cell phone manufacturing units in Iran, only two are currently active manufacturing about 1.5 million mobile phones every year.

The industrial and mining sectors grew by 6.5 and 10.5 percents respectively during the first six months of the current Iranian year (March 21- September 22) according to deputy minister of…

Iran’s Minister of Roads and Urban Development, Abbas Akhundi, conferred with Iraq’s Minister of Reconstruction and Housing, Tariq Al-Khikani, in Tehran on Saturday, IRNA reported. He reiterated…

The government lacks the sufficient financial resources to fund the subsidy reform plan due to reduced oil revenues in light of the slump in global oil prices, IRNA quoted senior economic advisor…

The government needs to generate more revenues from taxes by fighting tax evasion, said Minister of Economic Affairs and Finance, Ali Tayebnia on Saturday.

“Increasing tax revenues is not…