Managing director of the Islamic Republic of Iran Shipping Lines, Mohammad Saeedi, attended the Combined Annual General Meeting of Bureau Veritas in Paris on Thursday at the invitation of the…
Domestic Economy
Telepizza, the largest non-US-based pizza delivery company in the world by number of stores, has announced further expansion, with the opening of its first Iranian store in Tehran’s Marzdaran…
The budget for the current fiscal year (March 2017-18) has allocated 80 trillion rials ($2.13 billion) to transportation projects, Deputy Minister of Roads and Urban Development Amir Amini said.…
Iran-China trade stood at $15.2 billion during the five months to May 21, 2017, registering a 41% increase compared to around $10.8 billion in the corresponding period of last year.
Eranico…
The growing consumption of cosmetics and personal care products has turned the beauty sector into one of the most lucrative and exciting industries in the world.
Iran’s exports to Ghana in the last Iranian year that ended on March 20 increased by 170% compared to the year before to stand close to $2.3 million, director general of Trade Promotion…
More than 2,180 tons of Iranian cheese worth 233.6 billion rials (over $6.22 million) were exported during the first month of the current fiscal year (March 21-April 20), the Islamic Republic of…
Close to 1,774 tons of unshelled peanuts worth 82.66 billion rials ($2.2 million) were imported into Iran during the first month of the current Iranian year (March 21-April 20), the Islamic…
Small Industries Investment Guarantee Fund issued its 1,000th letter of guarantee for a manufacturing unit in Qazvin on June 21, managing director of the fund, Mohammad Hossein Moqeiseh, said.…
The government is going to waive delay penalties for miners who move to clear their royalty debt. The measure is aimed at helping financially distressed mines to resume operations, stem rising…
Tens of projects worth 30 trillion rials ($800 million) are under construction in Shahid Rajaee Port in southern Hormozgan Province, the head of Hormozgan Ports and Maritime Organization said.…
Projects worth $330 million have been identified in Iran’s central Markazi Province for foreign investment in the current Iranian year (March 2017-18), the director general of Markazi Economic…
As much as 470 trillion rials ($12.5 billion) have been invested in the rail sector since August 2013 when President Hassan Rouhani took office, a deputy roads and urban development minister said…
The share of uncertified financial institutions in the Iranian market significantly shrunk in the first four years of President Hassan Rouhani’s term, as government policies to organize the…
The Ministry of Industries, Mining and Trade plans to export $23 billion worth of chemical and cellulose products in the current Iranian year (March 2017-18), an official with the ministry said.…
Rail passengers are entitled to claim a full refund for a delay of over four hours for trains running from Tehran to Isfahan, Sari and Shahroud or a delay of over five hours for trips from Tehran…
Iran exported about $89 million worth of goods to Lebanon in the last fiscal year (March 2016-17), up from $83 million the year before, the deputy head of Trade Promotion Organization of Iran in…
Deputy Minister of Roads and Urban Development Mohammad Saeednejad said plans are underway to increase the capacity of Iranian ports to 250 million tons per annum in the next four years.
Iran is ready to make tariff concessions on a wide range of agricultural products, excluding wheat, refined oil, mineral water and cigarettes, within a free trade zone with the Eurasian Economic…
The Ministry of Economic Affairs and Finance has identified 59 most “appropriate” trading partners for Iran to achieve export-oriented growth.
Iran’s inflation rate just went above 10%, ending months of single-digit average CPI growth, which many considered one of the biggest achievements of President Hassan Rouhani’s economic team.
Colza production is estimated to reach 200,000 tons in the current Iranian year (March 2017-18) and register a threefold increase compared with the previous year, a deputy agriculture minister…
Indonesia Investment Coordinating Board has reported that Iranian companies and traders have embarked on 25 investment projects valued at $25.6 million in Indonesia during 2016-17, a senior trade…
Global slab markets could see further downward pricing pressure, if plans to build a plant for slab production in Iran come to fruition.
Companies from Iran and Austria will collaborate to…
Some 189,400 tons of textile products worth more than $1.13 billion were exported in the last Iranian year that ended March 20, 2017, registering an 8.1% rise in weight and a 1.7% decrease in…
