Iran’s stationery market is worth 40 trillion rials ($1 billion) per annum.
“Not long ago, more than 90% of this market used to be in the hands of foreign brands,” Secretary-General of…
Domestic Economy
Iran accounted for as little as 4.5% (or $13.3 billion) of around $295 billion worth of imports of its seven neighboring countries, namely Iraq, Turkey, Armenia, Azerbaijan Republic,…
The local manufacturing of bus and van increased by 196.2% and 418% in the Iranian month of Mordad (July 23-August 22) compared with last year’s corresponding period. Iranian automakers, namely…
The government has purchased 8.8 million tons of wheat worth 115 trillion rials ($2.95 billion) from local farmers across the country so far in the current crop year, Deputy Agriculture Minister…
A total of 2 trillion rials ($51.28 million) from the National Development Fund of Iran have been allocated to nomads to streamline red meat production, the head of Iranian Nomad Organization…
Negotiations with Afghanistan for the export of Iranian eggs to the neighboring country have failed and Iran’s chances of exporting eggs seem remote even by the end of the Iranian year (March…
Some of the decisions made by the newly-formed government of President Hassan Rouhani suggest that the officials are intent on pursuing the trial-and-error approaches that bled the economy dry…
Sales offering discounts of up to 70% are really hard to miss these days in Iran’s garment market, most of which are floated by sellers of foreign apparel.
“How much profit do they make…
Iranian Privatization Organization has brokered the sales of over 1.17 trillion rials ($30 million) worth of public companies’ shares since the start of the current fiscal year (March 21) to…
More than 15,000 tons of shrimps worth over 2.21 trillion rials (close to $70 million) were exported to 10 countries in Europe and Asia during the last Iranian year that ended March 20, 2017,…
Close to 440 tons of shampoo worth 59.8 billion rials ($1.84 million) were imported during the fourth month of the current Iranian year (June 22-July 22), the Islamic Republic of Iran Customs…
About 2.8 billion cigarettes were smuggled into Iran during the five months since the beginning of the current Iranian year (started March 21), registering a 47% decline compared with last year’…
Iran’s home appliance industry is more than 80 years old and offer a wide range of products used in homes and offices, meeting a significant portion of domestic demand.
It is considered…
China’s strategic interest in Iran is intensifying, as Chinese manufacturers seek to establish new operations in Iran.
Tehran is viewed as a vital transport and logistics hub, reads a…
A joint commercial delegation from the chambers of commerce, industries, mines and agriculture of Iran and Tehran headed by TCCIM Chairman Masoud Khansari are scheduled to visit Belarus from…
A new freight train service bound for the Iranian capital of Tehran was launched from Yinchuan City of northwest China's Ningxia Hui Autonomous Region on Tuesday.
Two Indian firms have signed an agreement with the Industrial Development and Renovation Organization of Iran to finance the construction of a rolling stock manufacturing company.
Alborz Province Exports Promotion Company will open a permanent exhibition in Moscow late October based on an agreement reached by an Iranian-Russian consortium headed by Russia’s Elbin Bank and…
The industrial sector generates 32% of all jobs in Iran, a report by the Iranian Parliament’s Research Center said. The subsectors of construction, food and beverages, non-metal production,…
Iran's gross domestic product during the first quarter of the current Iranian year (started March 2) stood at 1.8 quadrillion rials ($47 billion), indicating a 6.5% rise compared with last year'…
Minister of Roads and Urban Development Abbas Akhoundi attended a meeting with Oman’s Minister of Transport and Communications Ahmed bin Mohammed bin Salem Al-Futaisi and his Qatari counterpart…
More than 132,200 tons of different kinds of nuts worth over $351 million were exported from Iran during the first four months of the current fiscal year (March 21-July 22), registering a nearly…
Representatives from regional countries are expected to meet within the next two months in Iran to discuss plans for a new regional railroad that would run through five countries: Afghanistan,…
More than 770 tons of pencil sharpeners and sharpener blades worth close to 65.9 billion ($2 million) were imported from 10 countries during the first four months of the current Iranian year (…
Following the January 2016 implementation of the nuclear deal Iran signed with world powers in 2015, foreign financiers have been stepping in to fund domestic projects in Iran by opening lines…
