The increase in housing prices will be less than the inflation rate in the current Iranian calendar year (started March 21), said the head of Tehran’s real estate union, stressing the need to…
Domestic Economy
According to Article 44 of the Iranian Constitution, amended in 2004, the economy of Iran is to consist of three sectors: state, cooperative, and private.
Iran has no plans to lift the ban on the import of Indian rice, said deputy agriculture minister, Ali Ghanbari, ISNA reported on Tuesday. Meanwhile, head of the Iranian Rice Importers Association…
Close to 1,000 metric tons of pistachio, valued at $12 million, has been exported via Semnan customs to Persian Gulf countries, Iraq, Afghanistan and Russia during the past Iranian…
Asia and Europe account for slightly more than 97.95 percent of Iran’s total imports over the 11 months of the previous Iranian year (ended march 20), leaving the other three continents with $48.…
The 22nd Exhibition of Personal Care Products and detergents – the biggest such event in the whole Middle East – will open April 24, on Tehran’s international permanent fairground, hosting 210…
The latest report released by the Central Bank of Iran (CBI) estimates economic growth of 2.8 percent, including the oil sector, and 2.5 percent, excluding the oil sector, during the third…
Government revenues during the third quarter of the past Iranian calendar year (September 23- December 21, 2014) stood at 230,173 billion rials ($8.22 billion at official exchange rate), while the…
The Central Bank of Iran (CBI) report for the third quarter of the last Iranian calendar year (September 23- December 21, 2014) indicates an unemployment rate of 10.5 percent during the period,…
Member of Parliament’s Agricultural Commission, Mohamamd-Mehdi Boroumandi on Sunday criticized the excessive imports of sugar, warning about multiple difficulties faced by sugarcane farmers and…
The volume of trade between Iran and Iraq has exceeded $12 billion and the figure is expected to hit $25 billion, said Hassan Danaeifar, Iran’s ambassador to Iraq.
Trade with Saudi Arabia has been made difficult as the Arab country has imposed several restrictive measures against Iranian businessmen, including lengthy visa issuance procedures, Ebrahim Jamili…
China’s presence in the Iranian market will not be undermined in view of Iran and the West normalizing relations following a possible nuclear agreement that is expected by late June, head of…
A commercial delegation from the Czech Republic is scheduled to pay a three-day visit to Tehran next week to scope out possible investment opportunities in Iran, Mehr news agency reported on…
A business delegation from India led by Indian deputy minister of commerce and industry, Rajeev Kher, traveled to Iran on Saturday to discuss resumption of rice exports to Iran,…
Official statistics by Iran Customs Administration show that 10 major customs portals across the country accounted for 84.58% of total imports in terms of weight and 83.85% in terms of value…
A report by the Statistical Center of Iran (SCI) shows a 53.9% decline in the number of residential construction permits issued by Tehran municipality during the first half of the Iranian calendar…
Non-oil exports reached $49.7 billion last Iranian calendar year (ending on March 20), recording an 18.87% increase compared to the preceding year, when the figure stood at $41.8 billion, IRNA…
The economic achievements during the past months have strengthened Iran's stance in nuclear negotiations, enabling the country to hold successful talks with the world’s major powers, Minister of…
Russia is ready to expand cooperation with Iran by launching joint ventures in the areas of aviation, shipping and automotive industries in the wake of lifting of economic sanctions against Iran…
Macaroni is a variety of dry pasta that is usually boiled before consumption. Macaroni can take different shapes in different countries and regions. The best kind of macaroni is said to be made of…
The number of mining accidents in Iran reduced by 40 percent in the past Iranian calendar year (ended March 20) compared with the previous year, head of mines supervision bureau in the ministry of…
The number of foreign companies taking part in the Iranian fairs has increased by 110% compared with two years ago, Mir Aboutaleb Badri, a senior official at Iran’s Trade Promotion Organization (…
Auto market analysts say foreign car prices would most probably decline following the understanding reached between Iran and the world powers on the outline of a final nuclear deal, ISNA reported…
Based on the latest report released by the World Bank, Iran’s exports during the second month of 2015 rose by 11.4% in value, while its imports decreased by 3% during the same period, Tasnim news…
