Domestic Economy

Iran has not been able to obtain a fair share of the world trade of halal products, Mahmoud Molanejad, the deputy director of Iran Research Organization for Science and Technology (IROST) said on…

Iran has hailed the Chinese president’s proposal named Silk Road Economic Belt and is ready to cooperate with China in this respect, Iran’s first vice-president Es’haq Jahangiri said in his…

The row between Iran and Turkey over the border transit fees is to be resolved soon, Chairman of Iran’s Chamber of Commerce, Mines and Industries, Gholam-Hossein Shafei, announced on Tuesday.

The Pakistani government is to take measures to remove hurdles in making payments to Iran. The problems include the international sanctions against Tehran over its nuclear energy program, high…

Iran is determined to encourage foreign investment as more foreign trade delegations travel to Iran to explore new opportunities here, director of Iran’ Organization for Investment and Economic…

The minister of roads and urban development, Abbas Akhundi, announced that the minimum amount required for the development of the national road network is about 1,000 trillion rials ($37.3 billion…

Next year’s budget must be based on a 30,000-rial US dollar exchange rate, chairman of the Chamber of Commerce, Industries and Mines, Yahya Al-e Es’haq, suggested on Tuesday.

“Stability in…

The Iran-US Chamber of Commerce has sent an open letter to its Iranian counterpart, inviting Iranian entrepreneurs to expand business activities in the United States, Eghtesad News reported on…

Officials from the Kurdistan Regional Government of Iraq have signed five contracts with their Iranian counterparts to improve economic cooperation, Mostafa Abdallah, the head of exporters and…

A foreign company has won the tender to establish Sangan iron ore pellet manufacturing plant, Mehdi Karbasian, the CEO of the Iranian Mines and Mining Industries Development and Renovation…

Water and wastewater industries are active in 20 world export markets, Energy Minister Hamid Chitchian said in the opening ceremony of the 10th Iran International Water and Wastewater Exhibition…

The government has modified the amount of subsidies to be allocated to the government agencies and organizations. The move is in accordance with a proposal from the planning and strategic…

The future of Iran’s economy depends on the way it is going to be managed by the government, rather than being solely dependent on the results of ongoing nuclear talks with the P5+1 (the five…

The minimum wage for the next year will be decided upon according to the inflation rate, Ali Rabiee, minister of cooperatives, labor and social welfare announced on Monday.

A tax-exempt program for exporters is to be put into effect in an attempt to facilitate the ground for export activities, general director of renovation and development at Iran’ Trade Promotion…

Two years of consecutive slump in the number of housing units has led to a sharp fall in supply in the housing market and a subsequent rise in prices, Mohammad Mehdi Mafi, the secretary of the…

The railroad connecting Iran to Turkmenistan and Kazakhstan will be inaugurated on December 3 in the presence of the presidents of the three states, Iranian Railroad Organization official,…

Import statistics released by Iran’s Customs Organization for the first seven months of the current Iranian year (March 21–October 22) indicate that the value of imports has increased by 72.24…

The 7th Biennial Kish Air Show opens on November 18 on the Persian Gulf island. The 4-day exhibition is aimed at helping participants understand changes in the Iranian aviation industry,…

Non-oil exports surpassed $27 billion in the first seven months of the current Iranian year (March 21-October 23), registering a 19 percent growth compared to the same period last year, IRNA…

A positive outcome of negotiations with P5+1 will set a proper ground for the expansion of bilateral cooperation between Iran and Italy, specifically in mines and industries, Mauro Conciatori, the…

A new terminal at Shahid Rajaie port in southern province of Hormozgan has started operation on Sunady, board member of Association of Sea Development, Saeed Izadian told ILNA on Sunday. “About 70…

The latest data provided by ministry of roads and urban development shows about 51% decline in the volume of construction projects in the current Iranian year (started March 21). The real estate…

Experts from the Food and Agriculture Organization of the United Nations (FAO) ended a six-day inspection tour of agricultural projects in the southwestern province of Khuzestan on Sunday, in a…

The industrial growth rate is projected to reach 4% in the second half of the current year (September 2014-March 2015), Hossein Mehrizi, deputy minister of industry, mine, and trade stated on…