German Firms will invest 25,000 billion rials (around $719 million) in two major industrial projects in Fars Province, says the head of Industries, Mining and Trade Organization of the province.…
Domestic Economy
The price of basmati rice has climbed on rising demand from Iran, which plans to ban inbound shipments of India's signature grain.
According to Mohinder Pal Jindal, president of All-India…
Iran and Poland have signed three memorandums of understanding to promote bilateral trade relations.
Polish Chamber of Commerce signed two preliminary agreements with Iran’s Social Security…
Some 100,000 tons of red meat worth $425.9 million were imported from China, Germany, Australia, the UAE, Brazil, Turkey, Oman and the Netherlands in the last Iranian year (March 2015-16),…
Tehran and Lisbon discussed ways of boosting bilateral economic ties. In a meeting with Mohammad Khazaei, president of the Organization for Investment, Economic and Technical Assistance of Iran…
Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh arrived in Berlin early Monday to meet Germany’s Vice Chancellor and Economy Minister Sigmar Gabriel and former chancellor Gerhard…
Producer Price Index in the 12-month period ending May 20, which marks the end of the Iranian month of Ordibehesht, increased by 4.3% compared with last year’s corresponding period, according to…
Market economy proponents are finally getting some traction in Iran.
At present, all Iranian politicians from across the national spectrum agree that the country needs to open its doors if…
Iran’s Persian carpet industry is hopeful of a comeback after years of crippling international sanctions on exports caused millions of dollars in losses for the trade and economic hardship on…
The possibility of free trade between Iran and members of the Eurasian Economic Union was surveyed in Moscow in a meeting between a delegation from the Trade Promotion Organization of Iran and a…
Iran and Lithuania have signed a memorandum of understanding to promote joint investment and bilateral trade.
Visiting Lithuanian Foreign Minister Linas Linkevicius and Iran's Deputy…
Iran’s rail freight transit posted a rare growth of more than 180% since President Hassan Rouhani took office in 2013, Mohammad Gharavi, the head of Islamic Republic of Iran Railways’ Transit…
While the lifting of sanctions gave rise to many potential benefits for Iran’s economy, the country’s leaders face new fiscal challenges.
An article recently published in UK news website…
The average goods and services Consumer Price Index for rural areas in the 12-month period ending May 20, which marks the end of the Iranian month of Ordibehesht, reached 9.4% compared with last…
Non-oil exports will rise by 20% to reach $50 billion by the end of the current Iranian year (March 20, 2017), Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh predicted in a…
Representatives of 45 Japanese companies participated in the Second Seminar on Potential and Future of Iran’s Automobile Industries and Auto Parts held in the Iranian Embassy in Tokyo last week,…
The government’s plan to print tracking codes on cigarette packs will be implemented in the next three months, the head of Tobacco Planning and Supervision Center said. “The implementation of the…
Strawberry production stood at 56,000 tons in the last Iranian year (March 2015-16), with Kurdestan Province accounting for 40,000 tons of the figure, says Reza Rouyintan, an official with…
Iran has signed a memorandum of understanding with the UK for transfer of technology in the rail industry. CEO of Islamic Republic of Iran Railways and deputy minister of roads and urban…
According to Arvand Free Zone Organization, more than $1.4 billion worth of non-oil goods were exported from the region in the last Iranian year (March 2015-16). As reported by IRNA, Iraq…
Iran’s egg exports have stopped since early May because Iranian producers cannot compete with their Turkish counterparts in the international markets, said the head of Tehran’s Union of Producers…
Iran’s non-oil foreign trade in the first two months of the current Iranian year (March 20-May 20, 2016) reached $12.35 billion. According to the Islamic Republic of Iran Customs Administration…
Chabahar Port will not be a threat to Gwadar Port as the two facilities will act as sister ports in the future and a great source of regional cooperation, peace and stability, Iran’s ambassador to…
The discrepancy between an employee’s education and occupation blights the Iranian market and the main reason behind people’s dissatisfaction with their jobs which, in turn, gives rise to…
Iran Shrimp 2016 convened in Tehran on Thursday with representatives of 13 countries, namely Iran China, Malaysia, Thailand, France, Indonesia, South Korea, Australia, India, Panama, Vietnam,…
