TEHRAN – Knowledge economy, which has taken shape in Iran since 2011, is considered as an engine for economic development, the deputy science minister has said. Masoud Boroumand made the remarks during a ceremony held at the Gilan Science and Technology Park (GSTP) in the northern city of Rasht on Monday, IRNA reported. Technology and […]

Iran’s Minister of Industry, Mine and Trade Mohammad Shariatmadari said Wed. that the new US sanctions will not seriously affect Iran’s economy as it has grown immune to it. Speaking to reporters in Tehran after a cabinet meeting, and in response to a question about how the US sanctions affect Iran’s economy, Shariatmadari said that Iran […]

 Ali Larijani, the Speaker of Iranian Parliament, says that the new year budget act and other conditions are all positively contributing to a situation that makes it easy to restore stagnated national economy to full strength. “Currently the path is clearly defined and the conditions are ok to get our economy back on track,” said […]

TEHRAN– Provincial governor of Razavi Khorasan province announced %7 increase in the export volume via the province’s border crossings with neighboring countries during the first nine months of the Iranian year. Ali Rasoulian, the Economic Deputy of Razavi Khorasan Provincial governor, told reporters on Monday “during the first nine months of this Iranian year (beginning […]

TEHRAN- Iran imported 7,350 cars in the eleventh Iranian calendar month of Bahman (January 21-February 19), according to the latest data announced by the Islamic Republic of Iran Customs Administration (IRICA). The IRICA data also put the number of cars imported to the country during the 11-month period ended on February 19 at 66,196, valued […]

TEHRAN- Iran exported 14.46 million tons of petrochemical products worth $7.397 billion during the first eight months of the current Iranian calendar year (March 21-November 21), Shana reported. The country’s petrochemical exports stood at 1.5 million tons valued at $858 million in the eight calendar month of Aban (October 23-November 21). In July, Ali-Mohammad Bossaqzadeh, the […]

Minister of Economic Affairs and Finance (MEAF) Masoud Karbasian placed special emphasis on enhancing trade and business ties between Iran and India. Iran and India shares social and cultural commonalities, he said, adding, “there is no limitation in enhancing relationship between Iran and India, so that appropriate opportunity has been provided for both Iran and […]

TEHRAN- Iran’s exports of saffron increased 33 percent during the ten months ended on January 20, 2018, vice chairman of Iran’s Saffron National Council told Mehr news agency on Friday. According to Gholamreza Miri, Iran exported 160 tons of the product during the said time span, registering 33 percent growth in comparison with the same […]

Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari said that international organizations predicted a bright and rosy future for Iran’s economy in 2018. He pointed to the recent developments in the world in the face of Joint Comprehensive Plan of Action (JCPOA), the official title of nuclear deal, and the […]

TEHRAN – Iran gained some 526.4 trillion rials (about $12.63 billion) in tax income during the first seven months of the current Iranian calendar year (ended on October 22, 2017). According to the report, the Iranian government could manage to collect $12.6 billion of the total 689.2 trillion rials (about $16.53 billion) anticipated to be […]