Economy

The government has yet to come up with a solution to cut subsidy payouts for the rich families and, therefore, will continue allocating the handouts proportionally to all applicants, First Vice-…

By the help of  investments made by both the government and the private sector, 400,000 jobseekers were employed in the first six months of the current Iranian year (March-21-September 22…

Iran’s economy should continue to grow even if the US-led sanctions remain in place, the central bank governor has said.

The economy is projected to grow by 3 percent this year, Valiollah…

Starting from March 2016, tax evasion will be managed and supervised through the introduction of a comprehensive software, the head of the National Iranian Tax Administration, Ali Askari told IRNA…

The MINEX 2014 in Tehran simultaneously hosts the 3rd annual exhibition of mines and mining industries, the 3rd conference on investment opportunities in the sector, and the 5th    …

Thailand’s Foreign Trade Department has said his country would resume exporting rice to Iran as soon as Tehran lifts an import ban on Thai rice.

Three years ago, Iran imposed the ban after…

Iranian steel companies have been making every effort to obtain raw material, lack of which has left no room for steel businesses to concentrate on developing strategies, said general manager of…

Iran Khodro (IKCO) has announced it will provide new variations of its popular Tondar  (Logan) models in the Iranian market. The deputy director of the Tondar line, Reza Motamed, said IKCO…

Iran’s $200-million decorative stones export per year suggests that the country has not succeeded in seizing the consumption market, said the Iran Mine House group.

The Statistical Center of Iran said the average price for one square meter of land in the north of the capital Tehran is 87,870,000 rials ($2700) while the average in the south is 19,640,000 rials…

Unless a country observes international standards, it cannot achieve development goals, said the minister of communication and information technology on Saturday.

The Export Guarantee Fund of Iran (EGFI) first needs to increase its capital assets to $500 million if it is to finance 10 percent of the costs of the country’s non-oil exports and foreign…

Chabahar Port is nestled on the southeastern edge of Iran facing the Gulf of Oman and just touching the Indian Ocean. It is the most southerly port in the entire country.  

The 14th annual exhibition on industries organized by the Industrial Development & Renovation Organization of Iran (IDRO) was held in Tehran International Permanent Fairground on October 6-9.…

Iran is among the top 10 countries worldwide in terms of diversity of orchard products, and plans should be drawn up to fully exploit country’s vast potential, the deputy for Agricultural Jihad…

Three Iranian provinces desperately suffer from water shortage, and development finances provided by the government have not been enough to tackle the problem, the minister of energy, Hamid…

The capabilities of the country’s domestic aviation and space industries were discussed by members of Iran’s Chamber of Commerce, Industries, Mines and aeronautical officials on Saturday, ISNA…

Western sanctions against Iran and Russia over money transfers have made it necessary for the two countries to formulate strategies to exchange commodities through regional treaties such as those…

Tea production in the northern coastal provinces of Gilan and Mazandaran has dropped 40 percent on a year-to-year basis as rainfall has diminished and overall temperatures have risen, the head of…

The deputy minister for industry, mine, and trade said development organizations are required to invest in manufacturing sector in underdeveloped regions across the country, reported Tasnim news…

A lawmaker said the country faces some 3,000 unfinished development projects. According to Alireza Khosravi, the government has decided to conclude 300 of projects with at least 80% of…

Years of drought and the lack of proper sanitation methods and an integrated wastewater treatment system have constrained access to clean water across Iran. Officials have only recently started to…

Iran is estimated to achieve modest economic growth in 2014, according to a new report released by the World Bank.

The Global Economic Prospects Report, which is the World Bank’s flagship…

The biggest event for the country’s telecommunication sector in 2014, according to market players, has been that the monopoly in providing high-tech mobile services ended.

Gold market in Iran followed the global trend in the past week (Oct. 4-10) seeing major fluctuations.

The full gold coin of Bahar Azadi was sold at 9,280,000 rials on Monday, hitting the…