Aprin dry port and logistic park on the outskirts of Tehran will become operational in three years, the CEO of Islamic Republic of Iran Railways said.
“Development of Aprin logistic park is…
Domestic Economy
The Third International Exhibition of Bags, Shoes, Leather and Related Industries opened in Tehran on Tuesday, with foreign companies from 80 countries exhibiting their brands.
Held at the…
The government plans to get 275 trillion rials ($7 billion at market exchange rate) of the 3,711 trillion rials (about $95 billion) it needs for the next Iranian year's budget by selling bonds.…
The government decided on Wednesday to allocate 2 trillion rials ($51.28 million at market exchange rate) in loans with an interest rate of 10% to orchard owners in Mazandaran Province who…
Tehran will host the annual forum of the Council of Asia-Pacific Furniture Association (CAFA) on December 14, in which representatives of furniture associations from Pakistan, the Philippines,…
Iran will send skilled workers in tourism, mining, fishing and transportation sectors to Oman, based on an agreement reached between Iran’s Minister of Cooperatives, Labor and Social Welfare Ali…
Seafood exports in the current Iranian year (to end March 20, 2017) are estimated to exceed $380 million to register an 8.5% increase compared with last year, according to the head of Iran…
The domestic production of chicken and red meat is sufficient to meet about 90% of Iranian needs, says the managing director of Poultry Producers Union. “Local producers have the potential to…
Over 11 billion cubic meters of water flow out of Iran’s borders every year and a plan is afoot to prevent this water loss, a deputy agriculture minister said. “The ministries of agriculture and…
Russia’s defense manufacturer Almaz-Antey and Iran’s Shiraz Electronics Industries have signed a cooperation agreement, the press service of the Russian company reported on Wednesday.
The average goods and services Consumer Price Index for rural areas in the 12-month period ending November 20, which marks the end of the Iranian month of Aban, reached 7.3% compared with last…
Economy Minister Ali Tayyebnia is safe from impeachment for now.
A motion to impeach the minister in the parliament failed after a majority of lawmakers requesting the impeachment withdrew…
The Iran-Armenia Economic Commission agreed to boost bilateral trade.
The commission, which was co-chaired by Iran’s Energy Minister Hamid Chitchian and Armenian Minister of Energy…
Iran’s Health Minister Seyyed Hassan Qazizadeh Hashemi has underscored the country’s huge progress in producing drugs and medical equipment, and its preparedness to export medicine to the Middle…
Armenia’s export of lamb to Iran increased significantly over the past two months, the press service of Armenian Ministry of Agriculture said. As of December 2, 2016, lamb export to Iran amounted…
Servcorp, an Australia-based multinational organization that sells serviced office space, virtual office products and IT services, officially inaugurated its first branch in the Iranian capital…
Iran’s state-owned shipping company IRISL is in advanced talks with South Korean shipyard Hyundai Heavy Industries Co. for a $650 million order of container ships and tankers, people involved in…
In November, American officials cleared the sale of 106 Airbus jets to Iran, the latest such license allowing business with the Islamic Republic following last year’s nuclear deal.
Around 28 million tons of non-oil goods worth $8 billion were exported from Hormozgan during the eight months to November 20, says Alireza Dashtani, an official with the southern Iranian province’…
The extreme cold that set in a fortnight ago across the country caused 9.4 trillion rials (over $240 million at market exchange rate) in damages to orchards in Mazandaran, according to governor of…
Iran’s trade balance in the agriculture sector narrowed to minus $2.06 billion during the seven months of the current Iranian year (started March 20) from minus $2.2 billion for the corresponding…
Iran’s education sector is beset with many problems, shortage of funds being one of them.
Policymakers always justify their modest expenditure on education on the grounds that the…
The government is forecasting a 7.7% GDP growth and a 7.6% inflation for the upcoming Iranian fiscal year (starting March 21, 2017).
This was announced by Mohammad Baqer Nobakht, the…
As per the new budget bill submitted to the parliament by the government, those who are making less than 15 million rials ($384 at market exchange rate) a month, will be exempt from paying income…
Isfahan Province is hosting the 19th Exhibition of Persian Handmade Carpets, otherwise known as CARPEX 2016.
