Domestic Economy

Iran exported agricultural products worth $5 billion in the first half of the current fiscal year (March 21-Sept. 22), around 50% of which, amounting over $2.5 billion, pertained to orchard…

A total of 111,818 tons of tea leaves have been purchased by the government from local farmers at 3.09 trillion rials ($26.98 million) in the first half of the current fiscal year (started March…

Iran's overall non-oil foreign trade (except crude oil, mazut, kerosene and exports via suitcase trade) during the first half of the current Iranian year (March 21-Sept. 22) stood at $ 2.16…

It’s business as usual when it comes to money transfer for the import of essential goods, as processing of transactions and shipments into Iranian ports has not changed since a year ago, the…

Iran Chamber of Cooperatives will soon start publishing monthly reports on Purchasing Managers’ Index, under the Farsi acronym "Shamekh", related to Iran’s housing sector, an official with ICC…

The average price growth of goods and services was around 10% during the first half of the current Iranian year (March 21-Sept. 22). Overall, 17 out of 24 food items experienced an inflationary…

Iran’s trade with Turkey totaled $4.47 billion during the first eight months of 2019 to register a decline of 33.87% compared with the corresponding period of 2018, data released by Turkish…

The reopening of the Abu Kamal-Qaim border crossing between Syria and Iraq will reduce transit costs between Iran and Syria by 50%, says the co-chair of Iran-Syria Economic Commission, Kayvan…

Economic expert Hamid Azarmand believes that the government’s desire to regain a tighter grip over local markets is the underlying motivation for separating the trade wing of the Ministry of…

Iran exported 7.86 million tons of iron ore during the first five months of the Iranian year (March 21-Aug. 22), registering an increase of 43% compared with last year’s corresponding period.

Iran Chamber of Commerce, Industries, Mines and Agriculture plans to send an economic delegation to Kazakhstan in November to visit two exhibitions, namely "WorldFood Kazakhstan 2019" and "…

More than 606,000 tons of commodities were exported to Central Asian countries via railroad from the Sarakhs Border Terminal in the northeastern Khorasan Razavi Province during the first half of…

Iran's Energy Minister Reza Ardakanian has underscored that the trade agreement with the Eurasian Economic Union provides Iranian state and private firms with a great opportunities to widen…

A total of 228 new cooperatives were registered in Iran during the sixth month of the current Iranian year (August 23-Sept. 22), showing a 29% decline compared with the corresponding period of…

A total of 43,000 industrial units are operating in Iran, a deputy minister of industries, mining and trade said.  “Ninety-three percent of these units are considered small, 4% medium and…

The Organization for Collection and Sale of State-Owned Properties of Iran has sold 4,610 billion rials ($40.43 million) worth of abandoned, smuggled and seized properties as well as narcotics (…

A total of 23 million tons of goods were loaded and unloaded at Imam Khomeini Port in the southern Khuzestan Province during the first half of the current Iranian year (March 21-Sept. 22).…

Iran's production of farmed sturgeon meat is expected to reach 3,400 tons by the end of the current Iranian year (March 19, 2020), says the head of Iran Fisheries Organization. Nabiollah Khoun-…

The Plan and Budget Organization of Iran will submit the budget plan of state-run companies in the next fiscal year (March 2020-21) to the parliament on Nov. 6 and that of government public…

Bonyadeh Farzanegan is a non-governmental organization where the elderly take a leadership role in providing community services to help them stay active, healthy and independent. “Our strategy…

The Second Iran Non-Ferrous Industries Market and Related Technologies Conference and Expo was hosted by Donya-e-Eqtesad Media Group, the Financial Tribune's parent company, at Tehran's IRIB…

The 15th Iran-Turkmenistan Commission of Economic Cooperation convened in Ashgabat, Turkmenistan, on Tuesday and concludes on Oct. 2.  Shahram Adamnejad, the deputy minister of roads and…

Iran and Italy are planning to launch a direct shipping route from Iran’s southeastern Chabahar Port to Italy’s northern port city of Venice.

Organized by Donya-e-Eqtesad Media Group, Financial Tribune’s parent company, the Second Iran Non-Ferrous Industries Market and Related Technologies Conference and Expo opens today at IRIB…

A memorandum of understanding was signed on Sunday in Tehran by Geological Survey and Mineral Explorations of Iran (GSI), Research Institute for Earth Sciences and Semnan University to promote…