Norway’s fisheries minister has indicated that a newly sanctions-free Iran could become a lucrative seafood market for the Scandinavian country.
“With the repeal of sanctions, we are facing…
Domestic Economy
A growing number of multinational companies have been galvanized into action following the landmark nuclear deal Iran signed with world powers in July last year and its implementation in January…
Tehran is scheduled to host the International Exhibition of Road Construction and Maintenance, Transportation and Related Industries on December 18-20. Participants will showcase products and…
Iran is the third largest grain importer from Russia after Egypt and Turkey. In 2014, the US was the world’s number one grain exporter, followed by Canada and Russia. Russia has now moved to the…
Headline inflation fell below 10% for the rolling year ending June 20, as the Central Bank of Iran's monetary policy stance bore fruit.
Flag carrier Iran Air says it is buying new generations of Boeing 737, as well as the 300ER and 900 version of the Boeing 777 under a Lease-Purchase contract that it recently signed with the…
Welding Engineers Ltd., a Swiss concern specialized in engineering design for synthetic rubber production, has been engaged by an Iranian company to supply the engineering to finish a plant under…
Iran and Turkey surveyed ways of expanding bilateral economic ties in a meeting held between Turkish Contractors Association’s President Mithat Yenigun and Iranian Ambassador to Turkey Mohammad…
More than 12.8 million tons of freight were loaded and unloaded in Iranian ports during the second month of the current Iranian year (started April 20), which indicates a 17.7% increase compared…
Iran’s National Saffron Council has voiced concern about the relentless smuggling of Iranian saffron bulbs into Afghanistan and China. “Iran is the largest producer of saffron, accounting for…
Iran accounts for $1 billion of Turkmenistan’s total imports worth $8 billion per year, said the deputy minister of industries, mining and trade.
The government has purchased more than 4.2 million tons of wheat worth over $1.5 billion from local farmers since the beginning of the harvest season in early April, which indicates a 20% increase…
Some 200,000 head of livestock produced by Iran’s nomadic tribes were exported in the first two months of the current Iranian year (started March 20), according to the head of Iran’s Nomadic…
The lifting of sanctions on Iran creates both opportunities and risks for the Turkish economy, according to the head of Turkey’s Foreign Economic Relations Board known by its Turkish acronym DEIK…
Iran and Ukraine surveyed ways of expanding cooperation in a wide range of sectors, including agriculture, aviation, chemicals and banking, in a meeting held in Tehran on Sunday. The meeting was…
The construction of Tehran-North Freeway, which is to connect Tehran to the city of Chalous in northern Mazandaran Province, requires 80 trillion rials ($2.3 billion at market exchange rate),…
The government needs to support the domestic textile industry by offering cheap loans to manufacturers.
The statement was made by Ahmad Kimiaei-Asadi, a member of Tehran Chamber of Commerce…
Esfahan Steel Company, Iran’s third-largest maker of the metal, is seeking buyers amid plans to boost production. However, an attempt by its majority stakeholders to sell the company failed this…
Daily egg exports to Afghanistan have tripled to reach 150 tons, according to Iran’s Association of Egg Producers. Meanwhile, exports to Iraq have been put on hold due to the decline in…
Iran’s multitude of points of entry gives rise to smuggling, says head of Anti-Smuggling Organization Habibollah Haqiqi, noting that there are as many as 150 official in addition to eleven…
The Ministry of Industries, Mining and Trade has been put in charge of the Iran-Italy Economic Commission by the cabinet. This is while the Ministry of Foreign Affairs has been tasked with…
Iran has signed an agreement with Boeing to purchase 100 passenger planes, the president of Iran Civil Aviation Organization has confirmed.
"Both sides—Iran and Boeing—have reached a…
The population of Tehran has long surpassed its optimal city size, a paper submitted to the International Conference on Urban Economy held recently by Iran Urban Economics Scientific Association…
Iran exported saffron worth $34 million in the first two months of the current fiscal year (March 20-May 20, 2016), registering a 4% decline compared to last year’s corresponding period,…
Trade between Iran and Russia saw a 69% rise in the first half of 2016 over last year's corresponding period.
Russian Minister of Energy Alexander Novak made the statement in a meeting with…
