Domestic Economy

The 10th International Exhibition on Gold, Gems, Jewelry, Related Machinery and Equipment opened in Isfahan on Tuesday. The four-day expo hosts 130 firms from Italy, Turkey, the UAE, Austria,…

Kenya and Iran are pursuing trade ties to boost their exports, as they seek more opportunities in agro processing, textiles, leather and extractive industries. Speaking during a bilateral trade…

Talk about the imposition of a 9% value added tax on transactions through point of sale devices are baseless, Iranian National Tax Administration’s public relations chief, Gholamreza Qeblei,. “…

A delegation from Iran is scheduled to visit South Africa from August 18 to 23 to discuss opportunities for bilateral economic cooperation.

Iran exported more than 2,650 tons of goods valued at $7.9 million to the United Kingdom during the first three months of the current Iranian year (started March 20), registering a %16.4 decline…

Iran is exploring a return to international debt markets for the first time since 2002.

Minister of Economy and Finance Ali Tayyebnia made the above statement in an interview with Bloomberg…

Parliamentarians on Wednesday voted for Adel Azar to become the new director general of the Supreme Audit Court of Iran for a four-year term.

Azar, who has served as director of the…

Ninety-six percent of the 88,000 licensed Iranian businesses are considered small- and medium-sized, a deputy minister of industries, mining and trade said.

“There are currently over 80,…

An international conference about investment opportunities in post-sanctions Iran is scheduled to be held in Malaysia on July 26-27, with a focus on transferring technical knowhow and expertise to…

Since the beginning of the harvest season two months ago, some 80,000 tons of fresh tea leaves have been purchased from local farmers by the government, the head of Iran Tea Organization said. “It…

A delegation from Iran’s Markazi Province, headed by deputy governor of the province, Zafar Afshoun, held meetings with President Rustem Khamitov and Prime Minister Rustem Mardanov of the Republic…

Traffic at Iran’s border with Turkey is back to normal, said an official with the Ministry of Roads and Urban Development.  “There are no problems hindering the movement of trucks,” Mehr News…

Iran’s Economy Minister Ali Tayyebnia called on foreign investors to take advantage of Iran’s stability amid regional volatilities.

The first meeting of Iran-Austria Transportation Commission has been held in Tehran, the Ministry of Roads and Urban Development reported on its news portal on Tuesday.

Deputy minister,…

Iran has an economic system that could best be described as an amalgamation of Russian and Chinese economic systems.

It’s a legacy of decades of tug of war between power centers and…

Measures adopted by the government of President Hassan Rouhani to fight corruption and bring about structural reforms are unprecedented in the Islamic Republic of Iran’s history, a prominent…

Iran is the world’s third largest producer of cherry after the United States and Turkey, says the director of Oshnavieh County’ Agricultural Jihad Organization in West Azarbaijan Province.

Iranian police have confiscated 120 containers of contraband carrying toys, glass dishes, auto parts and home appliances worth more than 1,900 billion rials ($54.28 million at market exchange…

Since the beginning of the current Iranian year (March 20, 2016), the government has purchased more than 7.8 million tons of wheat at a total price of 100,000 billion rials ($2.85 billion at…

Iran’s expectation of a big economic boom through “economic recovery” after the lifting of sanctions has not been realized yet.

The Sarakhs border crossing, located in the northeastern Khorasan Razavi Province on the border with Turkmenistan, has begun to operate 24/7 to help facilitate exports to the neighboring country,…

The parliament has approved the bill for the establishment of the so-called Transportation Development Fund to provide sustainable financial resources for expanding transportation infrastructure…

Iran has expanded its search for aircraft and is looking to order dozens more jets while it continues to try to overcome hurdles to deals worth some $50 billion with Airbus and Boeing, Reuters…

Government policy in Iran has a habit of creating Gordian knots for the private sector. One such area is Iran’s foreign exchange regime and its effects on taxation of exporters.

Throughout…

Economy Minister Ali Tayyebnia left Tehran for Nairobi on Monday morning to attend the 14th session of the United Nations Conference on Trade and Development on July 12-22.  The event, themed…