Domestic Economy

  • Pilot implementation of the Business and Sustainable Employment Development Plan known as TAKAPOO will soon start in six provinces, an advisor to the project said on Wednesday.

  • Iran’s 16th marine industry exhibition was officially inaugurated at the permanent site of Hormuzgan exhibition in Bandar Abbas, IRNA reported on Wednesday.

  • Large multinational information technology companies headquartered in Germany, Italy, and the UAE have expressed interest in investing in Iran, an official from the Trade Promotion Organization…

  • As part of its broader policy to widen economic rapprochement with its neighbors, Iran is resolute to expand trade ties with Qatar, Mohammad Reza Nematzadeh, the minister of industry, mine and…

  • Minister of Communications and Information Technology Mahmoud Vaezi on Wednesday called for the expansion of ties between the private sectors of Iran and Azerbaijan, saying that with further…

  • The administration has approved the outlines of the budget bill for the next fiscal year, starting March 21, 2015, and will submit it to the parliament by next week, President Hassan Rouhani said…

  • Iranian exporters doing business with Russia are entitled to make use of the facilities provided by the Russian-based Iranian Mail Business Bank , Mojtaba Khosrowtaj, the deputy minister of…

  • Iranian and Qatari ministers of labor on Tuesday signed a memorandum of understanding (MoU) in Tehran under which Iranian workers will be sent to Qatar, IRNA reported.

    The MoU also calls…

  • Iran’s cigarette market is inundated with smuggled cigarettes due to enormous demand in the country for foreign brands as well as a ban imposed by the government on cigarette imports.

  • Tunisia is poised to expand economic ties with Iran, Najib Houli, the head of the Tunisian chamber of commerce said in a meeting with members of Fars chamber of commerce in the provincial capital…

  • The government is planning to provide knowledge-based firms with cheap land in the industrial parks, Golamreza Soleimani, the deputy of Iran Small Industries and Industrial Parks Organization (…

  • Turkey does not allow Iranian trucks to cross the border, while Iran still lets Turkish trucks enter the Iranian territory if their drivers agree to seal their vehicles’ fuel tanks, Mohammad Javad…

  • The second phase of a plan to raise bread prices nationwide will be carried out soon, Mojtaba Khosrotaj, the deputy minister of industry, mine and trade, said on Tuesday. Under the new phase, the…

  • French companies are keen to resume business in Iran including in the country’s untapped auto market, said Bruno Foucher, the French ambassador to Tehran, on Monday.  Attending the second…

  • Tehran is to host a German trade delegation comprising over 30 senior executives of Germany’s Near and Middle East Association on December 6-10, the official website of Trade Promotion…

  • Despite the good and extensive political ties between Iran and South Africa, economic relations between the two countries have kept a low profile over the past years. Decimated over a decade due…

  • The unilateral sanctions imposed by the United States and the European Union in the past few years against Iran, over its nuclear energy program, and Russia, over its policy towards the crisis in…

  • The price of bread, the staple food of most Iranian households, increased 30% on Monday. The administration has allowed provincial governors to increase the prices by up to 30%, the government…

  • The government is planning to ease rules and regulations to help Iranian jobseekers find employment overseas in the near future, Hassan Talai, the deputy minister of cooperatives, labor and social…

  • Imports outpaced exports by less than $3 billion in the first eight months of the year starting March 20, 2014. Nearly $34.2 billion worth of goods, mostly food and cars, were imported into Iran…

  • The ministry of communications and information technology will grant loans to private and knowledge-based firms to invest in telecommunication projects, Morteza Barari, the deputy minister said on…

  • At the invitation of the Ali Rabiee, the minister of labor and social affairs, his Qatari counterpart, Abdullah Saleh al-Khulaifi, will pay a visit to Iran in a few days to discuss issues of…

  • The director general of the National Building Regulations Bureau, Gholamreza Havai, has urged Tehran Municipality to work in tandem with the government while issuing construction permits.

  • The ministry of roads and urban development has planned to deliver 700,000 Mehr housing units by the end of the current Iranian year (March 21, 2015), IRNA reported.

    Ministry officials have…

  • Trade boost between Iran and Russia requires both sides to reach a consensus on preferential tariffs, Mojtaba Khosro-taj, the deputy minister of industry, mine and trade, said on Sunday.