About $1.4 billion worth of commodities were imported into Iranian free trade zones in the last Iranian year (ended March 20, 2017). Exports from these zones stood at $813 million during the…
Domestic Economy
Heading a politico-economic delegation, Syrian Minister of Industry Ahmad al-Hamou will pay a visit to Iran in late May, an official with the Trade Promotion Organization of Iran said.
First Vice President Es’haq Jahangiri has tasked the Ministry of Economic Affairs and Finance with implementing 14 priority projects in the current Iranian year (March 2017-18).
Most of…
More than 52,100 tons of kiwi worth over 1 trillion rials (around $27.6 million) were exported in the last Iranian year (March 2016-17), according to figures released by the Islamic Republic of…
The Center for Tobacco Planning and Supervision has listed the names of contraband cigarette brands in the Iranian market.
Chairman of the center, Asghar Ramzi, said Marlboro, Royal Five,…
Corn and rice had the largest share of non-oil imports into Iran in terms of tonnage in the first month of the current Iranian year (started March 21.
During the period, 662,000 tons of…
The Central Bank of Iran said it is expecting a double-digit economic growth for the last fiscal year that ended on March 20, 2017.
Latest statistics on Iran’s GDP growth pertain to the…
Iran is concerned the long-drawn-out Chabahar Port development project may be losing out to a similar project to develop the Pakistani port of Gwadar amid an internal dispute over the pressing…
Iranian business leaders were relieved on Saturday after moderate President Hassan Rouhani, a proponent of foreign investment and engagement with the world, had secured another four years in…
Heading a 50-strong delegation comprising representatives from Iran’s major poultry production units, Agriculture Ministry’s deputy for livestock affairs, Hassan Rokni, visited Hungary and met…
Iran has become the latest market for Indian mango exports. The Maharashtra State Agriculture Marketing Board has readied four hot water treatment facilities for shipment to Iran market and some…
Iran has finalized a €2.2 billion deal with China National Machinery Import and Export Corporation, known as CMC, to electrify a 926-km railroad from Tehran to the northeastern city of Mashhad, a…
“Which country said ‘no’ to a referendum on giving cash handouts? Norway? Switzerland? Iran?”
“Remember when we envied Swiss rejection of dole-for-all last year? Now you can stand tall and…
The share of mechanized rice farming has risen from 12.5% to 80% over the past four years, as the number of rice combines in Iran’s paddy fields has risen from 1,000 to 5,600 during the period.
Kenya was Iran’s 15th biggest trade partner in the first month of the current Iranian year (March 21-April 20), Iran’s commercial attache to the African country said, without mentioning the amount…
A memorandum of understanding was signed between Iran’s Bon Rail Company, a rail passenger transport firm affiliated with Iran’s Mostazafan Foundation, and German rail company Deutsche Bahn AG on…
Bilateral trade between Iran and Italy in the first three months of 2017 stood at €1.2 billion, making Italy the biggest trading partner of Iran in the European Union over the period, IRNA…
Iran’s steel imports were down across the entire spectrum of products in the first month of the current Iranian year (March 21-April 20).
This is while production, exports and consumption…
Belarus’s Deputy Transport and Communications Minister Alexander Shishko said Belarus has been invited to set up a joint economic commission with Iran.
Shishko was speaking during the…
Iran’s first-ever lactic butter production line with a production capacity of 7,000 tons a year was launched in Tehran on Thursday. More than $15 million have been invested in the project, Mehr…
The second round of negotiations between Pakistan and Iran on a free trade agreement will be held in July to discuss ways of enhancing trade volume, Pakistan’s largest English-language newspaper…
Port equipment, including two super cranes, purchased for Phase 2 of Shahid Rajaee Port has been loaded in a European country and will arrive at the major Iranian port, located in the southern…
Iranian stocks did not have much going for them during the past week, as the nation was transfixed on the presidential vote slated for May 19.
Tehran Stock Exchange’s main index gained just…
Iran voted on Friday in an election, the result of which will decide the direction of an economy still recovering from years of crippling sanctions—a state of affairs revealed in the charts below…
The achievements of recent years, including the Joint Comprehensive Plan of Action, macroeconomic stability, Health Overhaul Plan and export of 1 million barrels of oil are all valuable but…
