Sixty-six percent of the privatization deals under the government of President Hassan Rouhani were reached with the “real” private sector, compared with only 18% in the previous governments, the…
Domestic Economy
President Hassan Rouhani submitted on Tuesday the list of his new Cabinet picks to the parliament for a vote of confidence.
Among the nominees, Minister of Roads and Urban Development…
Around 20% of Iran’s demand for tobacco are domestically produced, the head of Tobacco Planning and Supervision Center said.
“Plans have been made to increase land under tobacco…
The US might neglect the hundreds of billions of dollars in export revenue that American businesses are missing due to Washington’s anti-Iran policy, but not world businesses.
The government has considered close to 33 trillion rials ($865.5 million) in budget to modernize irrigation systems in Iran’s farms and orchards in the current fiscal year (started March 21), of…
Close to 1.38 million tons of non-oil goods worth $557 million were exported from Kermanshah Province during the first four months of the current fiscal year (March 21-July 22), according to the…
Kitchen stoves worth $17.7 million were exported from Iran in the last fiscal year (March 2016-17). The figure stood at $14 million the year before. Export destinations for the product mainly…
The 17th International Exhibition of Construction Industry is scheduled to be held in Tehran’s International Fairground from August 12 to 15, Mohammad Karimi, an official with Iran Chamber of…
More than 58.2 tons of saffron worth $78.58 million were exported to 50 countries during the first four months of the current fiscal year (March 21-July 22), registering a 25.3% and 22.9% growth…
Some 4.99 million tons of potatoes are expected to be produced in the current fiscal year (March 2017-18) on close to 146,200 hectares of land in Iran, an official with the Agriculture Ministry…
A study conducted for clarifying the connection between pay and higher education in Iran reveals that surprisingly people with university degrees have lower chances of landing jobs compared with…
More than $33.45 million worth of commodities were exported from Iran’s southwestern Chaharmahal-Bakhtiari Province during the four months to July 22, indicating a 9% rise compared to last year’…
Close to 2,330 tons of shampoo worth more than 140 billion rials ($4.33 million) were exported from Iran during the first four months of the current fiscal year (March 21-July 22), the Islamic…
French carmaker Renault has signed the long-awaited trilateral production deal with Industrial Development and Renovation Organization of Iran and a local private company Negin Khodro (aka Naseh…
Close to 16,660 tons of pistachio worth $173.66 million were exported from Iran to 56 countries, including the US, Ukraine, the UAE, Italy, Bahrain, Brazil, Bulgaria, Turkey, Canada, Qatar,…
China will finance 88% of the project to electrify a 926-km railroad between Tehran and the eastern city of Mashhad, Islamic Republic of Iran Railways’ deputy head, Maziar Yazdani, said.
Bilateral trade between Iran and Turkey stood at around $5.32 billion during the first half of 2017, indicating an 11% increase compared with the similar period of last year, the Persian daily…
Ezzatollah Sahabi, the late lawmaker and journalist, blamed the dominance of socialism over Iran’s economic climate when the economic and political school of the thought was the order of the day…
Plans are underway to establish a new apparel industrial town in Fashafouyeh, located in Tehran Province’s Rey County, with the stated aim of limiting imports, boosting domestic production and…
More than 864 tons of toothbrushes worth over 327 billion rials ($8.55 million) were imported into Iran from 15 countries in the last fiscal year that ended on March 20, 2017, the Islamic Republic…
Amid deepening Indo-Iranian ties, New Delhi is hopeful that the strategic Chabahar Port will be operational by 2018.
Road, Transport, Highways and Shipping Minister Nitin Gadkari, who was…
Iran is targeting dairy exports worth $1 billion in the current fiscal year (March 2017-18), Agriculture Minister Mahmoud Hojjati said.
“In the past, we used to import dairy products,…
Ankara, Doha and Tehran want to discuss land trade routes on the sidelines of the oath-taking ceremony of Iran’s president-elect, Hassan Rouhani, on Saturday, Turkish Economy Minister Nihat…
Commercial exchanges via railroad between Iran and Pakistan saw a staggering 420% growth over the past one year, Pakistan’s commercial attaché in Iran said. Nazar Muhammad Ranjha was also quoted…
Spain, China and Germany have been the leading foreign investors in Iran’s industries and mining sectors since President Hassan Rouhani took office in August 2013 with $3.14 billion, $1.33…
