After an 8-year hiatus in direct flights from Iran to Kyrgyzstan, such flights will resume between northeastern city of Mashhad and Bishkek as of October 20, reported IRNA. The flights will run…
Domestic Economy
The deputy minister for industry, mine, and trade said development organizations are required to invest in manufacturing sector in underdeveloped regions across the country, reported Tasnim news…
A lawmaker said the country faces some 3,000 unfinished development projects. According to Alireza Khosravi, the government has decided to conclude 300 of projects with at least 80% of…
Years of drought and the lack of proper sanitation methods and an integrated wastewater treatment system have constrained access to clean water across Iran. Officials have only recently started to…
Iran is estimated to achieve modest economic growth in 2014, according to a new report released by the World Bank.
The Global Economic Prospects Report, which is the World Bank’s flagship…
Unemployment dropped 1.2 percentage point to 9.5 percent in the second quarter (summer) from 10.7 percent in spring, the Statistical Center of Iran (SCI) reported on Thursday.
Figures…
Inflation in rural areas halved to 20.9 percent in the month of Shahrivar (August 23 - September 22) from 41.8 percent in the same period last year, a new report shows.
The report released…
President Hassan Rouhani has said the country "needs stability and peace" if it is to encourage investment, hailing his administration’s efforts to address economic woes.
A modified version of the comprehensive productivity plan has been approved after being discussed in a five-hour meeting attended by representatives from executive organizations, IRNA reported on…
Economic and social mismanagement has increased the number of people living in cities in the past decade, the deputy minister of roads and urban development said, IRIB reported. Four decades ago,…
Around 170 kilometers of highways will be complete by the end of the current Iranian year (March 2015), the deputy minister of roads and urban development, Ali Nourzad said.
The new Tajik ambassador to Tehran, Nematollah Imamzada has called for expansion of trade ties between the two countries in his meeting with the head of Iran’s Chamber of Commerce, Industries and…
Iran’s ambassador to the Republic of Georgia said his country is interested in investing in the Caucuses region. Abbas Talebifar said he met with Tbilisi mayor Davit Narmania to discuss cultural…
Government has allocated 12,000 billion rials in subsidies to the industry and mines sector, Mohammadreza Nematzadeh, the minister of industry, mine and trade said on the sidelines of the 14th…
Iran and Qatar have signed an accord which paves the way for construction of a permanent exhibition site for Iranian goods in Doha, MNA reported on Tuesday.
Iran will receive about $44.1 million of banking facilities from the Economic Cooperation Organization’s Trade and Development Bank (ECO Bank) to put wastewater treatment plants (WTP) of the…
As 70 percent of Iran’s exports are shipped to five countries, a shortage of export destinations is regarded as an economic weakness that should be addressed immediately, said the chairman of the…
A Mexican trade delegation has signed agreements with Iranian officials to expand bilateral trade ties, the public relations office of Iran’s Chamber of Commerce, Industries and Mines announced…
There is no legal impediment to the transfer of state-owned equities to semi-private companies and the government should seek alternatives for encouraging the private sector to take part in the…
The head of Iran’s National Tax Administration said the new amendment to the tax law has introduced stricter punitive measures for tax evaders, FNA reported. Ali Asgari said based on the new…
Iran’s agriculture minister, Mahmoud Hajjati, is heading to Moscow to negotiate the export of agricultural products with his Russian counterpart, said Russia’s ambassador to Iran. Levan Dzhagaryan…
Iran and Germany have signed a memorandum of understanding for cooperation in the field of urban development with focus on energy saving. With the completion of Iran-Germany joint research project…
The Central Bank of Iran has announced minor fluctuations in the price of stable food items in the first week of the month of Mehr (September 21-26).
Occupation Cooperative Organization of Academic Graduates (OCOAG) has published a list of different academic field of studies with the most graduates among the unemployed.
Based on the list…
In the past 3 years, food price inflation has been soaring in Iran, partly because of the US-led sanctions. As a report by the Business Monitor International suggests, over the longer term,…
