In 2015, when Russia-Turkey relations entered a phase of tension due to the downing of a Russian fighter jet by Turkey, a propitious opportunity emerged for Iran's food industry to replace the…
Domestic Economy
The volume of agricultural products that go to waste in Iran is enough to feed up to 18 million people annually, Deputy Agriculture Minister Abbas Keshavarz said.
French Foreign Minister Jean-Marc Ayrault is scheduled to visit Iran at the head of a politico-economic delegation this week, Iranian Ambassador to France Ali Ahani announced. “The visit is timed…
The Iran-Russia “Green Corridor” was piloted last week after the first shipment of Iranian agro products was exported to Russia from Abbasabad Export Terminal in western Mazandaran Province.
Last April President Hassan Rouhani said his government would strive to reduce the galloping inflation rate to single digits. That promise was delivered in June. Next in line was joblessness and…
German manufacturer of molding machines KraussMaffei Group has appointed KaranSimaFam as its new agency in Iran and aims to strengthen its market position in injection molding and reaction…
Iran's score based on the Corruption Perceptions Index improved by two notches in 2016 with 29 out of 100, according to a report by global graft monitor Transparency International.
Iranian steel mills produced 17.89 million tons of crude steel in 2016, registering 10.8% growth compared to the year before, according to a preliminary report sent by the World Steel…
Iran posted a $1.62 billion trade deficit with Germany in the nine months to December 2016. About 818,000 tons of goods worth $1.8 billion were imported from Germany during the period, registering…
Iran’s exports to Indonesia in the first nine months of the current Iranian year (started March 20, 2016) grew by 62% compared with the similar period of last year to reach $100 million, according…
Tehran Imam Khomeini International Airport earned 4,600 billion rials ($119 million) in revenues in the last Iranian year (ended March 20, 2016), the airport’s managing director said.
More than 20,000 tons of shrimps have been produced in Iran since the beginning of the current Iranian year (started March 20, 2016), registering a 17.6% rise year-on-year, said Ali Akbar Khodaei…
Trade between Oman and Iran exceeded $1 billion by the end of October last year, according to Ali bin Masoud Al Sunaidy, Sultanate’s minister of commerce and industry.
Brazilian planemaker Embraer, the world’s biggest maker of regional jets, says it is optimistic that a US government led by Donald Trump will still grant it the clearances needed to sell aircraft…
The average goods and services Consumer Price Index for urban areas in the 12 months ending January 19, which marks the end of the Iranian month of Dey, increased by 8.6% compared with last year…
The 14th Trans Middle East 2017 Exhibition and Conference opened in Tehran on Tuesday. Officials, including Minister of Roads and Urban Development Abbas Akhoundi and Managing Director of…
Close to 4,000 people lost their jobs when Plasco, a 17-floor commercial high-rise in downtown Tehran with close to 560 production units and sales outlets producing apparel, shoes and sportswear,…
The Islamic Republic of Iran Shipping Lines is launching a new service that will connect Iran to the French port of Le Havre.
Before nuclear sanctions, Iranian containerships called at Le…
The government of President Hassan Rouhani has invested 6 trillion rials (about $156 million) on the mechanization of rice production, said an official with the Ministry of Agriculture, describing…
Japan’s Kubota Corporation introduced Diesel Motor Bakhtar Company as its exclusive representative in Iran in a meeting held with top managers of agricultural jihad organizations of Iran’s…
An Iranian exhibition opened in Oman on Monday under the patronage of Minister of Commerce and Industry Ali bin Masoud al Sunaidy and in the presence of Iranian Minister of Industries, Mining and…
About two months after a bird flu outbreak hit Iran’s poultry farms, the Society of Day-Old Chicken Producers is warning that the situation might lead to a “catastrophe”, urging President Hassan…
Iran’s sugar production is estimated to exceed 1.52 million tons by the end of the current fiscal year (March 20, 2017), an official with the Ministry of Agriculture said.
“Domestic demand…
Steel, zinc and gold trade was on the rise during the three quarters of the current fiscal year (March 20-December 20, 2016) at Iran Mercantile Exchange, Iranian Mines and Mining Industries…
Iran Airports Company has delivered free services to the tune of 3.6 trillion rials ($90 million) to military institutions in the last Iranian year (March 2015-16), IAC’s managing director said.…
