Economy

Mohammadreza Safari told Iran Daily that sustainable tourism and a growth in tourism revenues both depend on developing the hotel industry.Improving the quality and services offered in hotels can create conditions for attracting tourists and their lodging in the country, he added.Tourism income hardly relies on the duration of tourists’ …

Iran sent its first exports cargo to Pakistan on Tuesday through Mirjaveh Customs Terminal in eastern country with e-TIR system. The United Nations Economic Commission for Europe (UNECE) administers the TIR Convention, which was established in 1959. Iran joined the Convention more than 40 years ago. E-TIR system allows the …

John Driscoll, Director of JTD Energy Services, said that China does not care about Trump's remarks and threats, Chinese websites reported on Tuesday.As Driscoll believes, China and India as two major importers of Iran's oil do not care about the US oil sanctions.According to reports, the United States have been …

The convention featured conferences, panel discussions, master classes as well as an exhibition. A total of 120 domestic and international companies participated in the expo. In addition, 2,000 game developers from around the globe attended the convention. The event was held by Iran Video Games Foundation in affiliation with Game …

European companies are under increasing pressure from Washington to cut business ties with Tehran. Since the majority of transactions are currently conducted using the US dollar, firms working in Iran face potential US penalties.According to Lavrov, the decision particularly concerns small and medium-sized companies. He explained that the participants in …

Seyyed Ali Salehpour told a meeting to reviewinvestment and economic development of North Khorasan province on Sunday that German exports to Iran hit 2.9 billion dollars in 2017 while Iran’s exports to the country reached 500 million dollars.Stressing the need for commissioning small companies in the country, the official said …

Meanwhile, Vladimir Rojankovski, investment analyst at Global FX, told RT, “The declared nominal throughput capacity of the Strait of Hormuz is about 14 oil tankers per day, or 17 million barrels per day, or about half of the world’s daily crude oil exports. If exports through it stop, the law …

Salehpour told a group of investors on Sunday that Tehran-Berlin trade grew by 26 percent in the post-JCPOA era.He said the value of Germany's exports to Iran was $ 2.9 billion in 2017, while that of Iran to Germany stood at $ 500 million the same year.Salehpour added that small …

One of the members of Ahvaz Islamic City Council Mohammad Hadi Qanavat said on Sunday that Khouzestan economy is state-run, so support packages should be defined for investors to encourage them to be present in Khouzestan, especially Ahvaz.Qanavat said based on the 6th Five-Year Plan business should improve and officials, …

Japan Today daily quoted the executive as saying on condition of anonymity that China government is to levy tariff on import of crude from the US and will concentrate on oil purchase from West Africa and Middle East, including Iran.He said a trade dispute between the US and China had …