Iran’s non-oil foreign trade during the 10 months of the current Iranian year (started March 20, 2016) stood at $70.25 billion, indicating a 5.8% increase compared with the corresponding period…
Domestic Economy
The mining sector needs to borrow $3 billion from the National Development Fund of Iran for its development and growth, says the head of Iranian Mines and Mining Industries Development and…
The average goods and services Consumer Price Index for urban areas increased 6.9% in the 12-month period ending January 19, which marks the end of the Iranian month of Dey, compared with last…
The Eighth Conference on Healthy and Sustainable Agriculture will be held in Tehran on January 26.
The private sector’s participation in the agriculture sector and scientific…
The Ministry of Agriculture has authorized the establishment of greenhouses extending over 1,000 hectares so far in the current Iranian year (started March 20, 2016), says deputy agriculture…
Turboprop maker ATR has completed commercial negotiations with Iran Air for the sale of at least 20 aircraft and expects to be able to sign a contract very soon, the head of the Franco-Italian…
Turkish exports to Iran in 2016 rose 35.6% compared to the preceding year to mark the highest rise among Turkey’s export destinations, according to Turkish Exporters Assembly Chairman Mehmet…
According to a recent report by the Ministry of Industries, Mining and Trade, plans are underway to increase the production capacity of home appliance sector.
The construction of the first section of the freeway connecting Tehran to the northern Mazandaran Province has made 77.5% progress, a deputy minister of roads and urban development said.
Road transit has seen a 35% drop in volume so far in the current Iranian year (started March 20, 2016) compared with the corresponding figure of last year, says secretary of International…
About 5% of Tehran Municipality’s budget are allocated to urban development and crisis management.
Losses caused by the recent inferno in a Tehran high-rise and its subsequent collapse are estimated at 15 trillion rials (over $390 million), said the head of Iran Chamber of Guilds, Ali Fazeli.…
Colza production is expected to reach 200,000 tons in the next Iranian year (March 2017-18), double the amount of production this year, according to Alireza Mohajer, an official with the Ministry…
A Republican congressman has introduced legislation in the new US Congress that could complicate Boeing and Airbus sales to Iran Air, made possible by a multinational nuclear agreement signed in…
When world powers agreed in 2015 to lift sanctions on Iran in return for curbs on its nuclear program, the deal’s supporters in the United States, Europe and Tehran hoped renewed trade and…
Tehran Stock Exchange’s main index TEDPIX shed 741 points or 0.9% in the Iranian month of Dey (December 21-January 19) to end at 79,382. The over-the-counter Iran Fara Bourse’s main index, IFX,…
Finland’s Outotec has agreed with National Iranian Copper Industries Company on the delivery of two sulfuric acid plants for the Sarcheshmeh and Khatounabad copper smelters in Iran’s Kerman…
In the budget bill for the upcoming Iranian year (to start March 21, 2017), the government has earmarked 300 trillion rials ($7.5 billion at market exchange rate) for the completion of unfinished…
Small- and medium-sized enterprises have attracted $1.84 billion in foreign direct investment since President Hassan Rouhani took office in August 2013, of which $653 million have been invested…
Seventeen major global shipping lines have resumed their services to Iran since the removal of nuclear sanctions, says CEO of Ports and Maritime Organization Mohammad Saeednejad. “As a result of…
The Kenya Tea Development Agency says it has found new market for tea in Iran following the lifting of UN sanctions. According to KTDA national chairman, Peter Kanyago, the agency will continue to…
Syrian Prime Minister Imad Khamis stressed the importance of expanding ties with Iran. Arriving in Tehran at the head of a delegation on Monday, Khamis was speaking in a meeting with the head of…
After years of negotiations on Iran’s nuclear program and the unraveling of financial and economic sanctions, the full implementation of the Joint Comprehensive Plan of Action between Iran and six…
More than 1.13 million tons of non-oil goods worth $610 million were exported from Markazi Province during the nine months to December 20, registering a 10% and 3% increase in weight and value…
January 16, 2016, is remembered as the day sanctions against Iran officially began to roll back.
The move freed Iran to sell much more oil and gain control of the roughly $100 billion in…
