The Islamic Republic of Iran Customs Administration now allows local producers to clear up to 70% of their imports of raw materials and industrial machinery before going through customs…

Track laying of Qazvin-Rasht Railroad will be completed within a month and the rail route will be ready to come on stream by the end of the current Iranian fiscal year on March 20, 2019.

Following an extended delay in delivery of presold Renault cars in Iran, the French automotive company’s partner in the country Pars Khodro has issued a statement apologizing to customers saying…

Following the public outcry over illegal car imports often reported in the local media, the Majlis launched an inquiry the results of which were published on Tuesday. In short, the law…

Following a steep decline in domestic tire production, the government was forced to decrease tariffs on imported tires to help address truckers’ needs and avoid serious disruptions in the key…

Iran's second largest carmaker SAIPA delivered 26,000 presold cars during the month ending Sept. 22.

In a statement on its website, the company assured customers that the delivery of…

The domestic petrochemical industry is well placed in the global market and plans to expand, said the director of planning and development at the state-run National Petrochemical Company.

In a water-stressed country like Iran generating electricity via thermal power plants which consume massive amounts of water cannot be a viable option anymore.

OPEC Secretary-General Mohammad Barkindo called for cooperation between OPEC and non-OPEC countries, warning that failure to do so could lead to one crisis after another.

Turkey will continue to purchase Iran's natural gas, despite the US sanctions on Tehran, President Recep Tayyip Erdogan noted while in New York attending the annual United Nations General…

President Hassan Rouhani met separately with a number of world leaders on the sidelines of the United Nations General Assembly in New York on Monday to discuss bilateral ties and global issues.…

Five world powers and Iran agreed late on Monday to set up a financial facility in the European Union to facilitate payments for Iranian imports and exports, including oil, a key move sought by…

Foreign exchange rates were again defiant and continued to climb on Tuesday with the US dollar surpassing the all-time high of 160,000 rials. 

According to the Tehran Gold and…

Lawmakers on Tuesday approved two bills related to the Iran Action Plan with the intergovernmental Financial Action Task Force. The Guardian Council had earlier found faults with the two bills…

Major Iranian stock indexes vaulted to fresh records on Tuesday, sending the TEDPPIX past the 170,000 mark for the first time. 

The milestone came as the rial's misfortunes were…

The Ministry of Industries, Mining and Trade has banned the export of tomatoes from Iran until further notice.

Director General of the Islamic Republic of Iran Customs Administration's…

Iran has specified the amount of prescription medicines passengers are allowed to take onboard international flights. 

This was notified by Gholamreza Asghari, the head of Food and…

The Fourth Transit-Oriented Development Conference is scheduled to take place in Tehran on Jan. 16, 2019. 

The event will bring together officials, academicians, engineers, experts…

The chambers of commerce of Iran and Iraq surveyed ways of expanding bilateral trade and banking cooperation.

High-level trade representatives of Iran and the UK met on Monday in Tehran and reiterated their commitment to boost bilateral ties in the face of returning US sanctions.

Iran's Ministry of Foreign Affairs and South Africa's Department of Home Affairs have reached an agreement that facilitates the process of obtaining visa for Iranian traders.

The consumer price index of all 12 groups of goods and services increased in the Iranian month of Shahrivar (Aug. 23-Sept. 22), the Statistical Center of Iran reported. 

Yet, the…

A Finnish provider of telecom information technology solutions, Tecnotree has renewed maintenance contracts with a major unnamed operator in Iran, in a deal worth €1.9 million.

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Tehran’s mayor says cutting-edge technology and Internet of Things must be harnessed when addressing urban problems, including the worsening air pollution and the monstrous traffic in the…