Domestic Economy

Afghanistan is the fourth major export destination for Iranian commodities, Iran’s Ambassador to Kabul, Mohammad Reza Bahrami said in the gathering of Iranian industrialists and businessmen…

Iranian apples are being sold in Emirati supermarkets at higher prices than their American and French rivals, Sadreddin Niavarani, the deputy manager of the union of fruit exporters and importers…

On the occasion of the new Iranian year (starting on March 21), direct supply centers in four locations in Tehran will provide subsidized fruits and food products to people, Tehran’s Deputy…

A look at the figures from the past four decades will indicate that except for a short-lived period, Iran’s economy has been struggling with skyrocketing inflation rates, including 50% in 2006 and…

The progress of Persian Gulf Bridge construction which will connect Qeshm Island in the Persian Gulf with the mainland has been accelerated and is expected to be completed within the next three…

Iran and Iraq should pursue the path of industrial and economic development without relying on oil, Iran’s First Vice President, Es’haq Jahangiri, said on Tuesday, describing the recent turmoil in…

All Iranian expatriates have been eliminated from the list of subsidy receivers and high-income households who live inside the country are gradually being removed from the list, head of the…

Productivity in Iran has grown minimally by 0.5 percent over the past 15 years, head of the National Iranian Productivity Organization, Roya Tabatabaei Yazdi was quoted by IRNA as saying on Monday…

Saffron exports from Mashhad – the capital of Khorasan Razavi province in northeast Iran –registered a 30% growth during the first ten months of the current Iranian year (to end March 20),…

As Iran’s Foreign Ministry continues to foster warmer relations with countries around the world, this month’s turn was the sub-Saharan African country of Tanzania. Javad Zarif was in town as part…

Boosting the level of economic activities in the region and improving economic relations with the neighboring countries is high on top of the government’s agenda, reiterated minister of…

The sanctions imposed by the West on Iran’s economy as well as lack of a proper banking system between Iran and Pakistan have caused the annual trade exchange between the two countries to reduce…

The central Yazd province exported more than 1.25 million metric tons of commodities worth above $443 million in the first ten months of the current Iranian calendar year (ending March20), the…

The parliament on Sunday approved the  outlines of the budget bill proposed by President Hassan Rouhani's administration for the next Iranian year, which begins March 21.

Out of the…

The agricultural sector accounts for 10 percent of the Gross National Product (GNP), said Nematollah Rezai, an official with the presidential office for rural development. He made the remarks in a…

International flights in Iran have grown by 25 percent over the past two years, IRNA quoted Ebrahim Shushtari, an official with Airports Holding Company, as saying on Sunday. He cited certain…

Iran has lost its substantial share in the international carpet market, Razi Miri, the deputy manager of the union of hand-woven carpet exporters told ISNA on Saturday. The official said the…

Top railway officials from Iran, Turkmenistan and Kazakhstan held a joint meeting in Tehran on Saturday with the aim of facilitating rail transport between the three countries.

To publicize the results of recent studies and research on groundwater resources by the National Center of Strategic Studies of Agriculture and Water, a one-day conference is being held in Tehran…

The government is intent on reviving the forsaken export incentives policy to help stimulate non-oil exports that can be replaced with susceptible traditional exports of oil and oil-based…

Inflation rate reduced by more than 19.2 percent compared with last year’s 35 percent and reached 15.8 percent by the end of the month ending January 20th, announced the Statistical Center of Iran…

Imports and exports nearly stood at the same level from March 20, 2014 to Feb 10, 2015, managing director of Iranian Customs Administration, Masoud Karbasian said on Saturday. According to IRNA,…

Nearly 500,000 Iranian nationals are employed in engineering and technical sectors of Middle Eastern and Central Asian countries, deputy minister of cooperatives, labor and social welfare,…

Every year, 110 trillion rials ($3.9 billion at official exchange rate) worth of medicine are consumed domestically, 85 percent of which are covered by insurance, Ali Rabi’ee minister of…

Rail freight transport increased by nearly 8% this year, head of Islamic Republic of Iran Railways, Mohsen Pour Seyed Aghaie, said on Saturday.“This is an unprecedented record within the past ten…