An Iranian exhibition with more than 20 companies showcased products and services in a wide range of fields, including construction, foodstuff, pharmaceuticals, carpet and shoemaking, in Dushanbe…
Domestic Economy
CEO of Iran’s Wagon Pars Company says his company was revived under President Hassan Rouhani’s government, which has boosted rail expansion with an eye on propping up domestic industries.
Islamic Republic of Iran Railways signed a memorandum of understanding with Spain’s Administrador de Infraestructuras Ferroviarias ADIF on Wednesday to cooperate in rail traffic control.
Iran’s first-ever stone paper factory opened in the city of Shendabad in East Azarbaijan Province’s Shabestar County on Tuesday.
Organized by the German trade show specialist fairtrade in cooperation with their Iranian partners Palar Samaneh, Iran’s 24th International Food, Beverage and Hospitality Trade Fair is scheduled…
Tehran's Mehrabad Airport on Wednesday saw the touch-down of four brand new ATR 72-600 planes that joined the rejuvenating fleet of Iranian aircraft.
The new planes are the first batch of…
The government has invested 30 trillion rials ($800 million) in the past two Iranian years (March 2015-17) for the construction of freeways across the country, a deputy minister of roads and urban…
Iran needs about 800 trillion rials ($21.3 billion) to complete 3,500 kilometers of its 22 under-construction rail projects, a deputy minister of roads and urban development said.
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The lifting of trade sanctions in Iran will drive growth in the country’s plastics industry, according to research firm Applied Market Information, a UK-based provider of information, market…
Forty-eight foreign airlines are currently operating flights to and from Iran, said Iran Civil Aviation Organization’s Spokesman Reza Jafarzadeh, adding that 18 of these companies have resumed…
Critics of President Hassan Rouhani have argued that the rise in imports over the past few years has thwarted the realization of what they call a self-sustained, self-sufficient economy.
To…
Iran Air took ownership of its first four ATR 72-600s in Toulouse, France on Tuesday.
These are the first delivery out of a massive order the flag carrier placed mid-April with the Franco-…
The government’s commitment to curb the inflation rate and maintain macroeconomic stability will redress one of the recurring behavioral patterns of domestic investors.
Iran will put out a tender within a month to finance the plane deals it has finalized with major planemakers, a deputy minister of roads and urban development announced on Monday.
Russia’s United Wagon Company says it will soon start supplying freight wagons to Iran, as part of a €300 million deal signed in February to supply a total of 6,000 cars.
Close to 17,000 tons of engine oil worth around 354.9 billion rials ($9.2 million) were exported from Iran in the last fiscal year (March 2016-17), according to the Islamic Republic of Iran…
India’s Finance Ministry has imposed anti-dumping duty on clear float glass imports from Iran, Indian business newspaper The Hindu Business Line reported on its website on Monday.
Clear…
Researchers other than university faculty members will be awarded educational grants as of June this year, Rasoul Zare’, an official with Agricultural Research Center has announced, noting that in…
A joint economic forum between Iran and South Africa was held in the headquarters of Tehran Chamber of Commerce, Industries, Mines and Agriculture on Sunday.
A delegation from South Africa’…
The government has bought some 28,000 tons of fresh tea leaves worth 650 billion rials ($17.3 million) from local farmers in northern Iran so far this year (started March 21), from which 6,300…
The government’s remarkable achievement of bringing down the inflation rate to below 10% may be at stake, if banking reforms are not implemented urgently, an economist warned.
The export of Iran’s five main commodities shipped to the European Union has seen a significant increase in value in the last Iranian year (ended March 20, 2017), compared with the average…
Trade between Iran and Afghanistan has nearly doubled over the past three years, Afghan Ministry of Commerce and Industries Spokesman Musafer Qoqandi said.
“Official figures put Iran-…
An Iran-Armenia-Russia-Georgia business chamber will be established in 2017 with the involvement of state bodies and businessmen from the respective countries, Vruyr Penesyan, initiator and…
Iran’s ATA Airlines has reached an agreement with Brazilian planemaker Embraer to purchase 10 new passenger planes, the carrier confirmed over the telephone to the Financial Tribune.
ATA…
