Iran exported more than 230 tons of hand-woven carpets worth some $11 million during the first month of the current Iranian year (started March 20), indicating a 107% and 120% growth in volume and…
Domestic Economy
Close to 100,000 tons of dates have been stored and there will be no shortage of the product in the holy month of Ramadan, an official with the Agricultural Jihad Ministry said. “We will do our…
In modern economies, foreign exchange rates fluctuate. There are rare instances when central banks defend the stability of their currency, as things are mostly left to the markets.
Moreover…
Lack of insight into Iran’s current economic condition hinders foreign businesses from making investment here.
Despite all the efforts made by Iranian delegations that visited several…
Heading a delegation of representatives of workers and employers unions, Minister of Cooperatives, Labor and Social Welfare Ali Rabiei is heading for Geneva today to attend the 105th session of…
Iran’s railroads have the potential for the cross-border transport of 12 million tons of cargo per year, but only 4 million tons are currently utilized, said a board member at Islamic Republic…
The Iranian capital hosted the first Alu-Tech Partnership Seminar last week with a focus on technological developments in the production of structural parts as well as in automotive industry.
The tenure of former president Mahmoud Ahmadinejad is gaining notoriety as one of Iran’s worst periods in history.
Squandering of public funds on populist policies, systemic corruption,…
When sanctions on Iran were lifted in January, Russia might have expected to be near the front of the queue for business opportunities.
On the evidence of commerce passing through the…
On Thursday, Riga’s Radisson Blu Daugava Hotel was the scene of several one-on-one meetings between Iranian and Latvian business figures.
More than 60 Iranian business owners representing…
The Armenian government announced on Thursday the signing of an agreement with Iran on abolishing visa requirements for Iranian travelers.
Accompanied by a delegation mostly comprised of private sector business representatives, Iran’s Foreign Minister Mohammad Javad Zarif arrived in Stockholm on Tuesday and attended the Swedish-…
Trade Promotion Organization of Iran has urged all Iranian exporters to Iraq to ensure they have obtained their certificates of origin, as the Iraqi government has banned any import of goods…
Cooperative businesses exported $1.75 billion worth of their products in the last Iranian year (March 2015-16), said the deputy labor minister.
Hamid Kalantari added that the figure is…
Lack of proper employment is the main reason for the immigration of Iran’s highly educated population, an official with Iran’s National Elite Foundation said.
“There is a high brain drain…
Saffron worth $15 million were exported from Iran during the first month of the current Iranian year (started March 20), registering a 10% surge compared with the similar period of a year before.…
Bilateral trade with Turkey reached $2.9 billion during the first four months of 2016, posting a 17% decline compared with the similar period of a year before, Turkish Statistical Institute’s data…
Non-oil exports from Shahid Rajaie Port in the southern province of Hormozgan reached 5.6 million tons in the first two months of the current Iranian year (started March 20), registering a 95%…
Athens is prepared to act as a regional hub for Iran’s exports to Europe and Northern Africa, CEO of Enterprise Greece, Invest and Trade said. Speaking in a meeting with Valiollah Afkhamirad, the…
Almost half of all the fruit produced in the country perishes due to improper packaging, the head of the Institute of Labor and Social Security said. Speaking in the Second International Festival…
The Tourism Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture discussed the importance of adopting Friday and Saturday as Iranian weekend holidays in its latest meeting…
A forum on halal business prospects in Iran opened in Kuala Lumpur on Tuesday with the aim of promoting investment in the increasingly lucrative sector and boosting halal trade between the two…
More companies have gone bust in the past year than in the 29 years before it, a Central Bank of Iran report suggests.
Economic conditions are harsh and many companies seem to have hit rock…
Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh inaugurated the Iran-EU Trade, Economic and Industry Center in Berlin on Monday.
The government will allocate 9,490 billion rials (over $270 million) to 49 major projects in West Azarbaijan Province over the next two years, the head of Management and Planning Organization said…
