• An overview of Shahid Rajaee Port, Iran’s biggest container terminal in the south of the country

    Iran's exports to the European Union during the first three months of 2018 stood at more than €2.91 billion, indicating a 5% rise compared with the corresponding period of the year before.
    Eurostat's data reviewed by the Financial Tribune also show the country’s main export destinations in the European bloc over the period were Italy with €817.88 million worth of imports, Spain with €577.7 million, France with €552.54 million, Greece with €548.53 million and the Netherlands with €113.6 million.
    The exported goods mainly included mineral fuels, mineral oils and products of their distillation, bituminous substances and mineral waxes...

Domestic Economy

  • Economic Commission With Oman Scheduled
    05/23/2018
    The 17th edition of Oman-Iran Economic Commission is scheduled to be held on June 27 and 28 in Muscat, Oman’s port capital.  A preferential trade agreement between the two countries, proposed by...
  • 1st Refrigerated Export to UAE Via Bandar Lengeh
    05/23/2018
    A total of 200 tons of fruit and vegetable have been exported, for the first time, to the UAE via Bandar Lengeh Port in the southern Hormozgan Province, the director of Bandar Lengeh Ports and...
  • Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
    05/23/2018
    With new moderated prices for services offered at Chabahar’s Shahid Beheshti Port, this southeastern Iranian port has turned into the cheapest option for doing business in the Persian Gulf and Oman...
  • EPI Rises 23.1 Percent YOY, 8.4 Percent MOM
    05/23/2018
    The export price index stood at 344.3 for the first month of the current fiscal year (March 21-April 20), registering a 8.4% increase compared to the preceding month and a 23.1% rise compared with...
  • Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
    05/23/2018
    Several Swiss newspapers on Sunday reported that Swiss firms in Iran have stopped making new...
  • Russian Railways: Iranian Project Not Subject to US Sanctions
    05/23/2018
    The state monopoly Russian Railways considers its project on the electrification of the railroad in Iran completely civilian and not subject to US sanctions, the company’s CEO Oleg Belozerov said...
  • Iranians’ per capita honey consumption is 1 kilogram per year, while it is around 200 grams in other countries.
    05/22/2018
    Iran has made noticeable progress in honey production, as it rose from 77,000 tons in 2016 to 88,000 tons in 2017, making the country the third biggest honey producer in the world after China and...
  • Tehran to Host RailExpo 2018 Next Month
    05/22/2018
    The Sixth International Exhibition of Rail Transportation and Related Industries and Equipment, also known as RailExpo 2018, is slated to open at Tehran’s International Fairground on June 19. As...
  • Gov’t Payroll Exceeds  2.3 Million
    05/22/2018
    The number of government employees stood at 2,341,726 in the Iranian year that ended March 20, 2017, registering no significant rise compared with 15 years ago (March 2001-2), the Statistical...
  • Non-Oil Trade With Spain Tops $620m
    05/22/2018
    Iran traded $625.30 million worth of non-oil goods with Spain in the last Iranian year (ended March 20, 2018), marking a 5.36% rise compared to the year before, making the European nation Iran’s...
  • US’ JCPOA Pullout Does Not Bode Ill for Iran Economy
    05/22/2018
    The United States’ pullout from the Joint Comprehensive Plan of Action, as the Iran deal is formally known, does not seem to be a matter of big concern for the most cited Iranian economist in the...
  • Transport MoU With Greece
    05/22/2018
    Iran and Greece have signed a memorandum of understanding to improve cooperation in road transportation, the news portal of the Ministry of Roads and Urban Development reported on Sunday. “The MoU...
  • NDFI to Offer Loans Worth $2.8b to Create Rural Jobs
    05/22/2018
    The government will allocate 120 trillion rials ($2.85 billion) in loans from the National Development Fund of Iran to enhance job creation in rural areas, Abolfazl Razavi, vice president for rural...
  • French Finance Minister Bruno Le Maire
    05/21/2018
    France is looking to see if the European Union could compensate European companies that might be...
  • Unfit Vehicles Cause Hefty Losses to Poultry Farms
    05/21/2018
    Some 12 million day-old chickens are lost as a result of transportation by unfit vehicles, causing around 7 trillion rials ($166.66 million) in losses to chicken farmers, the secretary of Day-Old...
  • Pencil Lead Imports From Six Countries
    05/21/2018
    More than 350 tons of pencil lead worth 47.35 billion rials ($1.4 million) were imported from six countries during the last Iranian year (March 2017-18), based on figures released by the Islamic...
  • Non-Oil Trade With Malaysia Rises 23%
    05/21/2018
    Iran traded $694.64 million worth of non-oil goods with Malaysia during the last Iranian year (ended March 20, 2018), which is 23.4% more compared to the year before, making the Southeast Asian...
  • US’ Iran Policy Headed for Train Wreck With Afghan Policy
    05/21/2018
    US President Donald Trump’s decision to pull out of the Iran nuclear accord and reimpose sanctions...
  • Per capita mushroom consumption in Iran is one kilogram per year.
    05/21/2018
    Iran produces 150,000 tons of mushrooms annually and there is no shortage of this product in the country, director general of Greenhouses, Medicinal Plants and Edible Mushrooms Office with the...
  • Flood, Hailstorm Inflict $4m in Losses on North Khorasan
    05/21/2018
    Flood and hailstorm in recent days have inflicted 173 billion rials ($4 million) in losses on North Khorasan Province’s agriculture sector, the head of Crisis Management Office at the North...
  • ICCIMA Delegation  to Visit S. Africa  on July15
    05/21/2018
    Iran Chamber of Commerce, Industries, Mining and Agriculture plans to send a delegation headed by chairman of the chamber, Gholamhossein Shafei, to South Africa on July 15 to discuss bilateral...
  • Iran, Syria Sign MoU for Strategic Economic Ties
    05/20/2018
    Iran’s Minister of Roads and Urban Development Abbas Akhoundi and Syrian Minister of Economy and...
  • Maersk Tankers Ends Iran Shipping
    05/20/2018
    Danish shipping group Maersk Tankers on Thursday said it would cease its activities in Iran...
  • French Business Chief in Iran Sees Bleak European Prospects
    05/20/2018
    The head of France’s business lobby in Iran said on Friday EU government efforts to protect...
  • Gov’t Reducing Food Poverty (Ahmad Meydari)
    05/20/2018
    Ending absolute poverty in Iran was one of the pledges President Hassan Rouhani made during his...

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