Iran's market regulator is implementing International Financial Reporting Standards in select Iranian companies as a first step to mandating their usage by Iranian businesses.
Domestic Economy
Chairman of Foreign Economic Relations Board of Turkey Omer Cihad Vardan said Turkey can prove instrumental in Iran’s integration into the global economy, particularly western markets.
Esfahan Steel Company has agreed to deliver 40,000 tons of rail to the Islamic Republic of Iran Railways by the end of the current Iranian year (March 2017), says IRIR’s deputy head, Saeed…
About 16.8 million tons of oil and non-oil products were loaded and unloaded in the ports of Hormozgan Province in southern Iran during the first two months of the current Iranian year (started…
Close to 200 entrepreneurs, business experts and representatives of banks, industries and companies from the Italian region of Emilia Romagna attended a meeting titled “Trade and Investment…
The newly launched direct flight between Tehran and the Caspian port city of Astrakhan in southern Russia has reduced the time and cost of transportation and facilitated bilateral trade, the…
Members of the Eurasian Economic Union will hold expert-level talks on creating a free trade zone with Iran at the end of June, Russia’s first deputy economic development minister said. “The talks…
Iran and Russia surveyed ways of accelerating bilateral economic cooperation in a meeting on Thursday focused on Iran’s return to the global economy following the lifting of western sanctions.…
Iran exported 12,590 tons of pistachios worth $119.23 million during the first two months of the current Iranian year (March 20-May 20, 2016), the Islamic Republic of Iran Customs Administration…
Iran Air, which has just reached an agreement with American plane-manufacturing giant Boeing to purchase new jetliners, can resume flights in the European Union, as the Iranian flag carrier has…
Turkey aims to triple trade with Iran to $30 billion as quickly as possible after the lifting of economic sanctions made banking transactions with the country easier, Turkish Customs and Trade…
Iran has an unusual strain of command economy, an eminent Iranian economist said.
Mousa Ghaninejad made the statement in an opinion piece, published in the website of Tehran Chamber of…
Negotiations to finalize foreign investment deals Iran recently signed with global construction and transportation companies to help upgrade the country’s underdeveloped railroads are making…
Turkmenistan will host Iran’s third exclusive trade exhibition titled “Iran Project 2016”, which will be held in the capital Ashgabat on August 18-20.
About 168,000 tons of agricultural products (3.2% of Iran’s overall agro exports) worth $175 million were exported from Alborz in the last Iranian year (March 2015-16), according to the province’s…
According to the Islamic Republic of Iran Customs Administration, Iran exported dates worth $44.15 million to Afghanistan, the UK, India, Turkey, the UAE, Malaysia, Azerbaijan and Russia in the…
The World Association for Waterborne Transport Infrastructure (PIANC) said Iran will host the 10th International Conference of Coastal and Port Engineering in Developing Countries, otherwise known…
According to the Ministry of Agriculture, rice imports will come to a complete halt as of July 21. The Iranian government imposes a ban on rice imports every year during the harvest season…
The drop in non-oil exports in the first two months of the current Iranian year (started March 20) compared to the similar period of the previous year is due to the decline in gas condensate…
Iran’s Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh and Russian Minister of Energy Alexander Novak are scheduled to meet on the sidelines of St. Petersburg International…
Iran has reached an agreement with the US plane manufacturer Boeing to purchase commercial aircraft, the minister of roads and urban development said.
Abbas Akhoundi was also quoted as…
More than 3.6 million tons of wheat worth about $1.3 billion at market exchange rate have been purchased by the government from local farmers since early April, registering a 25% increase compared…
A national census is scheduled nationwide by the Statistical Center of Iran as of September 24.
“It will be carried out in two stages. The first will be via Internet and continue until…
Commercial floriculture in Iran does not have a long history and dates back to only 60 years ago.
About 10 trillion rials (more than $288.5 million at market exchange rate) have been…
More than $1.2 million worth of honey were exported during the first two months of the current Iranian year (March 20-May 20, 2016). Bahrain, the UAE, Iraq, Kuwait, Malaysia, Azerbaijan and…
