Domestic Economy

South Korea’s JJ Consulting Ltd will invest $500 million in the northern port of Noshahr as per a memorandum of understanding signed between the Asian company and the Ports and Maritime…

Hungary’s economic presence in Iran is expanding, the Hungarian daily Politics quoted Economy Minister Mihaly Varga as saying.

The Iranian government has expressed interest in boosting…

The 12th meeting of Azerbaijan-Iran intergovernmental commission for economic, trade and humanitarian cooperation will be held in Iran’s Astara city in late December, the Azerbaijani Economy…

Close to 191,000 tons of non-oil goods worth $103 million were exported from Iran’s northwestern port city of Astara during the eight months of the current Iranian year (March 21-Nov. 21),…

Iran’s economy is expected to experience a 4-5% growth in the current fiscal year to March 20, 2018, Central Bank of Iran’s Vice Governor Akbar Komijani said. “Since we have exhausted growth in…

Deputy Minister of Industries, Mining and Trade Mojtaba Khosrotaj is in Madrid at the head of a 60-member delegation to attend the first Iran-Spain Economic Commission and discuss prospective…

Iran ranks 72nd among 137 countries in the 2018 Global Entrepreneurship Index report, carried out by the Global Entrepreneurship and Development Institute, which shows a 13-notch improvement…

Trade between Iran and BRICS member countries amounted to $18.26 billion during the eight months to Nov. 22, which comprises one-third of Iran’s non-oil trade during the period.

The…

Iran has offered India management rights for Phase 1 of Chabahar Port launched by President Hassan Rouhani on Sunday in the presence of India’s Minister of State (Shipping) Pon Radhakrishnan a…

Economist Saeed Leylaz believes the Iranian governments’ economic schemes to promote social equality and eradicate poverty have usually given rise to opposite results.

Trade between Iran and Hungary has experienced a twofold increase since the nuclear deal, officially known as the Joint Comprehensive Plan of Action, was signed between Iran and the world powers…

The 24th International Exhibition of Printing, Packaging and Related Machinery is scheduled to be held at Tehran’s International Fairground from Dec. 13 to 16.

More than 20.65 million people were employed in Iran during the last Iranian year (March 2016-17), 83.8% of whom were men and 16.2% were women, the Statistical Center of Iran announced. …

On Sunday, President Hassan Rouhani inaugurated the first phase of Chabahar’s Shahid Beheshti Port in the southeastern province of Sistan-Baluchestan, in the presence of some 70 visiting…

According to the Ministry of Industries, Mining and Trade, 44,719 jobs were created in 27 industrial fields in Iran during the first half of the current fiscal year (March 21-Sept. 22),…

Russian Prime Minister Dmitry Medvedev has welcomed Iran’s accession to Shanghai Cooperation Organization, saying Moscow sees no obstacle to Iran’s full membership in the organization.

China, Iraq, the UAE, South Korea and Afghanistan were Iran’s top export destinations in the descending order over the eight months of the current fiscal year (March 21-Nov. 21), the latest…

President Hassan Rouhani, who is visiting the southeastern province of Sistan-Baluchestan, inaugurated the first phase of Chabahar’s Shahid Beheshti Port on Sunday.

Italy concluded a series of commercial talks with Iran this week, strengthening ties with the Middle Eastern country, despite the United States adopting a more hardline approach toward Tehran.…

Senior ministerial officials of Iran and the Netherlands signed a joint plan of action on expansion of bilateral economic ties in the coming year.

South Korean rolling stock manufacturer Hyundai Rotem signed a contract worth €720 million with the Islamic Republic of Iran Railways on Saturday to produce 450 suburban railbus wagons in Iran…

China is financing billions of dollars’ worth of Chinese-led projects in Iran, making deep inroads into the economy while European competitors struggle to find banks willing to fund their…

About €14.8 billion worth of commodities were exchanged between Iran and the European Union states during the first nine months of 2017, about 1.6 times as much as the figure registered in last…

The 20th edition of Isfahan Handmade Carpet Exhibition is in full swing.  The event opened at Isfahan International Permanent Fairgrounds on November 30 and will run through December 6,…

Iranian Vice President for Women and Family Affairs Massoumeh Ebtekar and President of Estonia Kersti Kaljulaid met in Iceland on Thursday, calling for expansion of mutual relations and…