Economy

Copper and copper concentrate export revenues will jump to over $2 billion in the near future, the minister of industry, mines and trade has recently announced, as reported by ISNA. “If the…

The unprecedented surge in the number of overflights and the need to observe International Civil Aviation Organization (ICAO) requirements has necessitated the allocation of $200 million credit to…

Eighty agreements have been signed between cooperative sectors of Iran and Iraq, secretary of Hamedan Chamber of Commerce told FNA on Tuesday. An Iranian delegation recently traveled to Iraq and…

In accordance with its plan to improve the quality of construction materials, the ministry of roads and urban development is to issue its quality assurance certification only to quality domestic…

The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) is set to spend 25 percent of its net annual profit on research projects in various parts of the mining…

Exports from Germany, the European Union’s biggest economy, to Iran increased by 33 percent in the first eight months of this year, as a result of the interim deal on Iran’s nuclear program that…

Six ministries have been tasked to execute general policies of science and technology that had been envisioned by the Leader earlier this year.

New bylaws have been drafted by the agriculture ministry in a bid to support the private sector’s activities in agribusiness agreements with other countries, MNA reported Monday.  

The Iranian economy will not face a budget deficit despite the steady decline in global oil prices, Ali Tayebnia, the minister of economic affairs and finance said.

Rail transport has always played an important role in social and economic development of nations. This may be the precise reason why President Hassan Rouhani went out of his way to emphasize the…

A new ruling by the Expediency Council has slightly modified the requirements for the appointment of new governors of the Central Bank of Iran, originally stipulated in a 1972 State Monetary and…

Savings held by citizens amount to around 6.5 trillion ($200 million) and funnel this sum to the stock market can help boost the manufacturing sector, says the vice president of the Iranian…

In a bid to expand free trade zones across the country, the government has already approved plans to establish new zones in Jask Port, Hormozgan Province and in Boushehr city, Boushehr Province,…

The Global Gender Gap Report 2014 indicates that Iran has made huge strides in pushing female tertiary education, with recent figures showing women now outnumber men in universities and other…

U US authorities are investigating London-based Standard Chartered Plc. for potential US sanctions violations connected to its banking for Iranian-controlled entities in Dubai, Reuters revealed on…

Tehran’s currency market was taken by tumult on Saturday as Friday’s hit on bullion transpired into a fall in the Azadi gold coin. Gold took a large hit on Friday, as a rally in the dollar hit…

The Export Development Bank of Iran (Iran’s Bank Tose-e Saderat) has announced that it will finance Iranian companies that win tenders offered by the OPEC Fund for International Development (OFID…

Industries are to receive a sum of 12,000 trillion rials collected from the implementation of the second phase of the subsidy reform plan, MNA reported Saturday.

The ministry of roads and urban development has said it wants to stop the destruction of commercial and residential properties sooner than their envisaged lifespan, the head of the ministry’s…

The head of the Kenyan Senate’s Foreign Policy Commission and his accompanying delegation visited the Iran Khodro Industrial Group (IKCO) production site, getting a chance to know the company’s…

The trade between Tehran and Kabul stands at $4 billion, the deputy foreign minister for consular, parliamentary and Iranian expatriates affairs, Hassan Qashqavi, said on Saturday. As IRNA…

The deputy of National Water and Wastewater Engineering Company (Abfa) said that this year has been one of the worst water years for rural areas, adding that the national water industry is facing…

Iran’s share in the Iraqi market has grown by 5 percent in the past year, and after Turkey Iran is now Iraq’s second largest partner, Jahanbakhsh Sanjabi, Secretary General of the Iran-Iraq…

The Venezuelan President, Nicolas Maduro, hailed Iran’s cooperation in his country’s national housing scheme - the Great Housing Mission project, FNA reported yesterday.

The new proclamation by the government has tasked the ministry of economic affairs and finance with fully implementing the policies to get the country out of stagnation without increasing…