The Money and Credit Council rejected bid to give mortgages to journalists and artists, according to the Central Bank of Iran.
Domestic Economy
Lack of knowledge and business management is evident when it comes to handicrafts, Majid Reza Hariri, deputy chairman of Iran-China chamber of commerce has said. “This causes the shortcomings in…
Despite a considerable reduction in the number of unemployed young people under 30 during the past 12 months, the issue of youth unemployment is still assessed as critical. As Eco News reports,…
Latest reports on Producer Price Index (PPI) have revealed that from August 23 to September 22 (sixth month of the Iranian calendar), monthly average and point-to-point inflation rates for…
A leading Iranian businessman believes that domestic restrictions and limitations, combined with sanctions, have provided a difficult situation for many manufacturers. “The selective…
The purchase of second-hand ships from foreign countries and the absence of new orders for Iranian shipyards is likely to inflict huge damage to Iran’s shipbuilding industry, CEO of Iran Marine…
Iranian Research Organization for Science and Technology (IROST) is willing to cooperate with other countries in the field of water desalination, the organization’s chairman Ahmad Akbari said on…
General agricultural census which is being conducted by the Statistical Center of Iran is key to the government’s planning for this sector, Mohammad Baqer Nobakht, vice-president for planning and…
The government will soon allocate 50 percent of the already approved credits for poultry exporters through the agriculture ministry, an official from the ministry announced in an interview with…
Iran Entrepreneurs Forum (IEF) has expressed readiness to engage constructively with entrepreneurs from different parts of the world to contribute to global economic and social development.
Water networks in Qom and Isfahan have been upgraded to a smart system and the smart remote control system will soon be installed for drinking water supply and distribution facilities in Mashhad,…
Studies show that population ageing has occurred in Iran and therefore, in line with the state welfare policy, it is important for the government to attend to the matter of providing proper…
The National Development Fund of Iran (NDF) has allocated 80 million euros for the purchase of freight cars and locomotives, Eco News quoted the CEO of Sina Rail Transport Company as saying.
Increasing the nation's ability to create wealth is a top priority for the government, Ali Tayebnia, the minister of economic affairs and finance said Tuesday.
A top official from the agriculture ministry has dismissed reports suggesting that 92 percent of water supplies are used in the agriculture sector, describing them as misleading for the public as…
A group of auto industry experts from Germany are expected to cooperate with Iran’s major carmaker Iran Khodro in its future projects, Hashem Yekeh Zareh, the company’s CEO told ISNA yesterday.…
The municipalities will participate in the government’s newly announced “social” housing scheme, the deputy minister of roads and urban development told ILNA on Monday. The municipalities will…
Total trade between Iran and Armenia stands at $300 million in value, and the number is expected to increase dramatically in the next few years, said first vice president Es’haq Jahangiri on…
The deputy minister of energy announced that the plan to transfer water from Vanak town in Semirom district of Isfahan Province to Dasht-e-Rafsanjan, Kerman Province, which was approved 18 years…
Negotiation is the only way to settle the row between Iran and Turkey over truck transit fees, the embassy of Iran in Turkey said in a statement, ISNA reported.
“We do not…
As food accounts for one fourth of household expenses, 25 percent of the gross domestic production in Iran is also dependent on food products, head of the food and drug administration said.
One of the prominent facets of the developed economies is economic transparency which comes from transparency in objectives, internal decision-making process, economic forecasts and models,…
The president of Kyrgyz Chamber of Commerce, Marat Sharshekeev, has announced that his country will seize opportunities for increasing trade ties with Iran, FNA reported from Bishkek on…
The row between Iran and Turkey over truck transit fees has heated up lately due to hikes in passage fees. The Turkish government decision to increase border crossing fees for Iranian trucks…
Iran Khodro says it has succeeded in upgrading its cars to fuel-efficient products. Speaking to Shana, IKCO’s standard supervision director Keyvan Vaziri said all the vehicles made by the company…
