An agreement was signed between Iran and the Czech Republic on Monday to support mutual investment.
Domestic Economy
The first exclusive exhibition of Iran’s halal products and second exhibition of Iran’s industrial products and export capabilities with a focus on Khorasan Razavi Province’s products are…
More than 1.2 million tons of wheat have been traded at Iran Mercantile Exchange in the current fiscal year (started March 21), indicating a 186% rise compared with last year’…
Research and development is the propeller of economic growth worldwide.
Advanced countries are investing more and more in R&D to keep up with the ever-changing dynamics in global…
Iran’s budget deficit came in wider than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 223.9 trillion rials ($5.3 billion), according to the Central…
Iran has reopened all its border crossings with Iraq’s Kurdish region, foreign ministry spokesman, Bahram Qasemi, said on Monday, after their closure over a controversial independence vote.
About 1.15 million tons of goods have been transited via Iranian railroads since the beginning of the current fiscal year (March 21), registering a 61% upsurge compared with the corresponding…
Russia signed a deal with Iran on Monday to finance €3 billion for joint manufacturing of 20,000 freight cars, 1,000 passenger cars, 350 locomotives as well as rail transportation equipment.
The government will allocate 50 trillion rials ($1.19 billion) to bread subsidies and guaranteed wheat purchase scheme as per the budget bill for the next fiscal year (March 2018-19). The figure…
Some 420,000 tons of cucumber are annually produced in Yazd Province in central Iran, making up 23% of the country’s total cucumber production, the head of Kermanshah Agricultural Jihad…
Chairman of Iran-Russia Chamber of Commerce Asadollah Asgaroladi and President of Altai Chamber of Commerce and Industry Boris Chesnokov signed a memorandum of understanding in a meeting on…
The Second International Exhibition of Transportation, Road Construction, Road Maintenance and Related Industries, also known as Iran Trans Expo 2017, was officially opened by Minister of Roads…
About 700 trillion rials ($16.6 billion), in addition to investments by the private sector, have been earmarked to complete development project in Iran as per the budget bill of the next fiscal…
Iran’s National Business Environment Index came in lower in the second quarter of the current fiscal year (June 22-Sept. 22) compared with the previous quarter, according to the results of a…
The first gathering of Iranian and Iraqi trade and industrial players was held at Iran’s Embassy in Baghdad on Saturday.
Any attempt by the US to block the sales of aircraft to Iran is tantamount to blatant violation of the Joint Comprehensive Plan of Action (the formal title of the nuclear deal Iran signed…
The production of processed meat in Iran dates back to 90 years when no other country in the Middle East had a clue about such products.
Iran has now become the top country in producing…
More than 770,000 tons of goods were transited via railroads through the Sarakhs border in Khorasan Razavi Province during the eight months to Nov. 21, registering an 80% rise compared with the…
Nondurable consumer goods generated 13.9% of the value added in Iran’s industrial sector, created 28% of industrial jobs and consumed 12.9% and 11.9% of the water and fuel used in the sector…
The Road Maintenance and Transportation Organization will see its next year’s budget (March 2018-19) cut by 6.8% compared with the current fiscal (March 2017-18) to stand at 16.8 trillion rials…
Work permits were issued, extended or renewed for 11,787 foreign nationals living in Iran in the last Iranian year (March 2016-17), registering a 7% decrease compared with the previous year,…
Iran’s fourth largest airline, ATA, took delivery of its first Embraer ERJ 145 jet late Friday.
The secondhand 50-seat jet is the first of 15 aircraft, which has been purchased recently…
Close to 2,150 tons of chewing gum worth more than 40 billion rials ($11.5 million) were exported to 26 countries during the eight months to Nov. 21, data released by the Islamic Republic of…
The United States House of Representatives passed legislation on Thursday, which would require Treasury Department officials to report to the congress on Iranian purchases of US aircraft and how…
A new shipping route between Iran’s Khorramshahr Port and Oman’s Sohar Port is scheduled to be launched on Dec. 30, the chairman of Iran-Oman Chamber of Commerce has announced.
