As many as 20,000 manufacturers of luxury furniture are active in Iran, the head of Tehran Carpenters and Furniture Producers Union said.
“Despite this, Iran’s furniture industry has a poor…
Domestic Economy
No train will be allowed to run at speeds below 130 kilometers per hour on Tehran-Mashhad route in the new Iranian year (started March 20), said the managing director of Islamic Republic of Iran…
An initiative is being discussed in the Iranian Parliament, based on which the prices of imported, joint venture and domestically produced cigarettes are to be increased by 19%, 12% and 40%…
The government’s wheat purchases from local farmers in the current Iranian year (started March 20) is expected to rise by 25% compared with last year to reach 10 million tons, says deputy…
The Fourth International Exhibition of Rail Transport, Related Industries and Services is to be held in Tehran during May 15-18, in which more than 300 local and some 100 foreign companies will…
After the removal of western sanctions against Iran over its nuclear program on January 16, 64 foreign delegations and investment companies have visited the port of Chabahar in Iran’s southeastern…
A 250-strong Italian business delegation led by the European country’s Prime Minister Matteo Renzi is expected to arrive in Tehran today.
The parliament gave the government the go-ahead to issue more bonds this year to fund ministries.
Currently, the parliament is reviewing the government’s budget for the 1395 fiscal year (…
Persian rugs are often prized works of art in homes, their roots stemming to Iran where, for hundreds of years, they’ve been handmade by weavers and dyed with natural ingredients.
Kazakhstan’s President Nursultan Nazarbayev, heading a delegation, is due to arrive in Iran on Monday for a two-day stay at the official invitation of President Hassan Rouhani.
Iran’s Agriculture Minister Mahmoud Hojjati and his German counterpart Christian Schmidt signed a memorandum of understanding on veterinary cooperation in Tehran on Sunday. “Agricultural…
In the next few days, some 12 tons of hard cheese will be exported to Russia, according to Reza Bakeri, an official with Iran’s Dairy Industries Society. This comes after 12 tons of the…
The 23rd International Exhibition of Detergent, Cleanser, Hygienic, Cellulose Products and Related Machinery is scheduled for April 24-27 in Tehran.
Exports exceeded imports in the last Iranian year (March 2015-16) by $916 million, marking the first-ever positive trade balance for the country since the 1979 Islamic Revolution.
Equality has been on the Islamic Republic’s agenda since its inception. And Iranian governments have tried various policies based on different economic theories to close the gap between the rich…
The Iranian Parliament on Sunday approved the general outlines of the budget bill for the new Iranian year (started March 20) in a strong majority vote, IRNA reported.
Rail freight transport is estimated to grow 18% in the current Iranian year (started March 20), as compared to last year, according to the deputy managing director of the Islamic Republic of Iran…
Most impediments to Iran’s accession to the World Trade Organization have been political in nature, says Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh. He added that following…
Heading a 16-strong delegation, Andrew Wells, the head of Asia and Africa Committee of Hong Kong General Chamber of Commerce, arrived in Isfahan on Friday to discuss economic, commercial and…
During the closing ceremony of the 25th Iran-Turkey Economic Commission on Saturday, three memoranda of understanding, aimed at promoting bilateral ties, were signed between the two countries in…
A delegation of representatives of the US plane manufacturer Boeing will visit Tehran next week to discuss future cooperation, flag-carrier Iran Air reported on its website late Friday.
In…
The influx of trade delegations to Iran is continuing, as the country opens up in the new economic climate generated by the nuclear deal.
The first heavy goods vehicle groupage transport services from Europe to Iran are now being operated by DB Schenker—a division of German railroad company Deutsche Bahn AG that focuses on logistics…
More than 684,000 tons of goods worth around $518 million were exported from Markazi Province in the last Iranian year (ended March 19), indicating an 8% rise in volume and 17% decrease in value,…
A visiting Italian delegation, headed by Adolfo Orso, former deputy minister of economic development, held talks with members of Tabriz Chamber of Commerce, Industry, Mines and Agriculture, in the…
