Domestic Economy

  • More than 2,500 new cooperatives are to be formed in Mazandaran, said the head of Cooperatives, Labor, and Social Welfare Organization in the northern province. Ali Babaei added the new…

  • A high-ranking delegation of Azerbaijani officials is in Tehran for a three-day visit aimed at enhancing economic cooperation on energy, customs, tourism, and transportation. Azeri Economy and…

  • The Research Institute of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has established a business clinic in cooperation with Japan’s International Cooperation Agency (JICA…

  • Over 55,000 hectares of depilated buildings, 10,000 hectares of historical structures, and 54,000 hectares of urbanized areas -- which currently host over 18 million people -- have been earmarked…

  • Iran’s smartphone applications market brings in huge profits for their developers and stores, filling the void left by Google and Apple in the Iranian cell-phone market.

  • Iran registered the highest increase in aluminum production in the last Iranian year (March 21, 2013-March 20, 2014) when 320 million tons of aluminum ingots was produced, said a report issued by…

  • Trade between Russia and Iran has increased in recent months and now Iran is looking to benefit further from the boost in economic relations.

    The minister of industry, mine and trade,…

  • Foreign companies who set up business in Iran will receive corporate tax breaks of up to 50 percent, if they export part of their products.

    Foreign companies who set up factories in Iran…

  • The ministry of economic affairs and finance is forming a special committee to facilitate the process of making Justice Shares tradable in the stock exchange.   

  • Trade indicators including those of export, import, and transit have risen 12% since the current government took office last summer, said the Ports and Maritime Organization.

  • Official figures show national power consumption is down by 6,000 megawatts. By the end of summer, power consumption was at 42,154 megawatts at its peak on Saturday. This hot summer in Iran…

  • The government is trying to make decisions about bread and wheat prices in a way that the people don’t suffer, said the vice president. Mohammad Shariatmadari reiterated that the decision to raise…

  • The minister for health said on Monday that at least $2 billion is needed to be injected into pharmaceutical manufacturing sector. Hassan Hashemi added that the amount could be provided by…

  • A delegation of senior trade Romanian officials has met with their Iranian counterparts in Tehran Chamber of Commerce, Industries, Mines and Agriculture to enhance mutual economic relations, the…

  • The ministry of cooperatives, labor, and social welfare has announced plans for the establishment of cooperatives exclusive to women.

    The deputy minister reiterated that women should be…

  • The alarming situation of water resources in Iran darkens the outlook of food security in the country. An expert has said that the solution lies neither in the cultivation overhaul nor in its…

  • A high number of workplace accidents take place in Iran every year, most of them caused by the lack of professional training programs as well as proper workplace monitoring.

    According to…

  • According to the 2012 World Population Prospect report released by the United Nations Population Division, the population of Iran will be 100 million in 2050 with the estimated average annual…

  • Potato exports have increased 143% in the first five months of the current Iranian year, which started March 21, compared to the same period last year. Over the period, the country exported 77,700…

  • The project to connect Iran to Afghanistan through railway is reaching its final stages inside Iran after the completion of Rashtkhaar station in the northeastern province of Khorasan-e Razavi.…

  • Zarshooran Gold Mine Complex has produced its first sample of gold ingot, said the mine supervisor Reza Alvan to Eghtesad News. The gold mine, which is set to be officially inaugurated next week,…

  • The government has purchased 6.6 million tons of wheat from domestic farmers so far this year, Tasnim News Agency quoted Mohsen Maleki, who is in charge of the project to buy wheat at guaranteed…

  • Recent reports show that car production in Iran has increased this year in spite of falling demand. The auto industry has long been blessed to have state support, and now some critics say that's…

  • Iran exported $1.078 billion worth of goods to Afghanistan in the first five months of the Iranian year – which started March 21 – said Iran’s commercial attaché to Afghanistan. Cement, steel, and…

  • A delegation from the Romania-Iran joint chamber of commerce is on a 4-day visit to Iran. The Romanian delegation will discuss ways to expand trade ties with the Trade Promotion Organization of…