TEHRAN – Iranian industry, mining and trade minister said the government should activate and exploit all the capacities of the country’s private sector in order to boost the non-oil exports.

Speaking in a meeting with senior officials from Trade Promotion Organization (TPO), Reza Rahmani said export is the leading factor in the country’s economic development and “We need to activate all the capacities of the country’s"...

His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, presented awards to the 10 winners of the Zayed Sustainability Prize with the participation of a number of world leaders, at the Prize’s annual awards ceremony, coinciding with the start of Abu Dhabi Sustainability Week.

Now in its 12th edition, the annual US$3 million Prize is the UAE’s pioneering sustainability"...

TEHRAN - The 92nd dialogue council of the government and the private sector was held in Tehran on Tuesday to discuss issues pertaining to economy, trade and the market, IRNA reported.

Senior officials including the Iranian Industry, Mining and Trade Minister Reza Rahmani, and the Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie attended the event which was chaired by Iran’s Finance and Economic"...

TEHRAN, Jan. 01 (MNA) – Iranian President Hassan Rouhani arrived in Ardabil, Ardabil province, on Wednesday morning to inaugurate a host of various projects.

Upon arrival at Ardabil Airport, Rouhani was welcomed by the officials of the northwestern Iranian province.

During this one-day trip, the Iranian President will inaugurate 93 civil projects as well as 50 economic"...

TEHRAN – Head of Iran’s Budget and Planning Organization (BPO) said the government has paid 395 trillion rials (over $9.4 billion) for financing development projects across the country in the first nine months of the current Iranian calendar year (March 21-December 22).

Speaking in a ceremony for inauguration of a housing project in the northeastern province of South Khorasan, Mohammad-Baqer Nobakht said: “Based on the statistics"...

TEHRAN- The Iranian government has called for taking back a bill on the country’s trade law amendment form the parliament (Majlis), Mehr news agency reported.

In a letter addressing vice president for legal affairs and also vice president for the Majlis affairs, Ahmad Shams, the deputy for coordination, follow up and management services in the presidential office called for taking back the mentioned bill from Majlis due to the existence of"...

TEHRAN- The Iranian parliament (Majlis)’s Ad hoc Budget Review Committee on Tuesday approved the 1.988 quadrillion rials (about $473.5 billion) national budget bill for the next Iranian calendar year, starting March 20, Mehr news agency reported, quoting a member of the committee as saying.

Mohammad Khodabakhshi said the committee held two meetings on Tuesday to investigate the budget bill, in which Oil Minister Bijan Namdar Zanganeh and Budget"...

TEHRAN- The national budget bill for the next Iranian calendar year (starts on March 20, 2020) has predicted a 10.2-percent more income for the Central Bank of Iran (CBI) and the government-owned banks, IRNA reported.

The income for the CBI and eight government-owned banks of the country has been estimated at 1.16 quadrillion rials (about $27.6 billion) for the next year, while the figure was 1.05 quadrillion rials (about $25 billion) in the current"...

TEHRAN- One of the major objectives behind establishment of new free trade zones (FTZs) in Iran is preventing migration of the border cities’ population to other regions, something occurred in the past 40 years creating some empty cities and villages in the border areas, the chairman of Majlis Development Committee stated.

Making the remarks in a TV program on Saturday night, Sadif Badri said establishment of free zones at these areas in fact"...