Domestic Economy

  • Parvizkhan Transit Rises 56%
    About 112,347 tons of products worth $36.78 million were transited through Parvizkhan border crossing in the western Kermanshah Province during the first month of the current Iranian year (March 21...
  • 360 Production Units Renovated
    According to the head of Iran’s Small Industries and Industrial Parks Organization, 360 small production units in Iran have been renovated since the beginning of the current Iranian year on March...
  • Tipax and Q-Post agreed to share their resources for the establishment of a courier network between Iran and Qatar to help boost bilateral trade.
    A private Iranian courier service firm, Tipax, signed a memorandum of understanding with Qatar Postal Services Company to help boost e-commerce ties between the two countries last week in Doha....
  • Kurdestan: Iran’s Strawberry Production Hub
    The western Kurdestan Province accounts for 75% of Iran’s strawberry production, the head of Kurdestan Agriculture Jihad Organization said. Khaled Jafari also told Mehr News Agency that the...
  • Iran’s 65-and-over population is projected to rise to make up 11% of the total population in 2036-37.
    Iran’s population will get increasingly older over the next two decades. Last year (March 2017-18), 6.1% of the population were over 65 years.  In 1400 (March 2021-22), 1405 (March 2026-27) and...
  • IRICA Discontinues Upfront Import Tax Payment
    The import department of the Islamic Republic of Iran Customs Administration has announced that it has discontinued the requirement for licensed manufacturing enterprises making upfront tax payment...
  • Westminster Group Hopeful Over Iran Airport Security Deal
    UK-based company Westminster Group PLC is still hopeful it can move forward with its...  
  • CBI: Inflation at 9.1%
    The average goods and services Consumer Price Index for urban areas in the 12 months ending May 21, which marks the end of the Iranian month of Ordibehesht, increased by 9.1% compared with last...
  • An overview of Shahid Rajaee Port, Iran’s biggest container terminal in the south of the country
    Iran's exports to the European Union during the first three months of 2018 stood at more than €2.91 billion, indicating a 5% rise compared with the corresponding period of the year before....
  • Turkey Determined to Protect Companies From US Sanctions
    Turkey will take every initiative to protect its companies from US sanctions, Ankara’s Foreign Ministry...
  • Iranian Official: Civil Aviation to Survive US Sanctions
    Iran’s civil aviation industry will survive any unfair sanctions imposed on the industry, said the spokesman of Iran’s Civil Aviation Organization in reaction to US administration’s Thursday...
  • The Sartak-Pishta border gate between the Kurdistan Regional Government and Iran was reopened by...
  • Livestock Export Banned
    Due to a rise in slaughtered and live sheep prices in the domestic market, the Agriculture Ministry has banned livestock exports as of Wednesday, the head of Exports Confederation with Iran Chamber...
  • Toothbrush Imports at $21m
    More than 1 million tons of toothbrushes worth over 719.63 billion rials ($21 million) were imported into Iran during the last fiscal year (March 2017-18), data released by the Islamic Republic of...
  • More Grain Shipments to Iran
    For transport and logistics industry experts, spring is always associated with increased transportation...
  • $2.3b Chinese Deal Finalized for Northeastern Rail Project
    The finance and construction contract for Gorgan-Bojnord-Mashhad Railroad worth 100 trillion rials ($2.38 billion) was finalized between Iran’s Ghods Razavi Housing and Construction Company and a...
  • Flooding Inflicts Heavy Damage on Roads
    Recent heavy rainfall and flooding in Iran have inflicted millions of dollars in damage on roads in several provinces, including South Khorasan, Ilam, Lorestan, Golestan, Mazandaran and Yazd. This...
  • Non-Oil Trade With Hong Kong Dips 20%
    Iran traded $485.60 million worth of non-oil goods with Hong Kong in the last Iranian year (ended March 20, 2018), marking a 20.72% decline compared to the year before.  This made Hong Kong Iran’s...
  • New Cooperatives Created 68,000 Jobs in 12 Months
    A total of 4,140 cooperatives were established in Iran during the last fiscal year (March 2017-18), which created 68,000 jobs, a deputy minister of cooperatives, labor and social welfare said....
  • CPI registered a year-on-year increase of 8.3% compared with the similar month of last year.
    The average goods and services Consumer Price Index in Iran during the 12-month period ending May 21, which marks the end of the Iranian month of Ordibehesht, increased by 8% compared with last...
  • Watercraft Exports
    Hormozgan Province has exported four fiberglass cargo and fishing launches to countries with a coastline on the southern side of the Persian Gulf in the past six months, the director general of...
  • $17.6b in Cheap Industrial Loans
    A total of 740 trillion rials ($17.61 billion) in cheap loans will be allocated for industrial renovation and retrofitting incomplete projects in the current fiscal year (March 2018-19), an...
  • Iran’s Agriculture Beset by Lack of Cropping Patterns
    Water scarcity and low precipitation in Iran have impelled the government to take urgent measures, imposing a ban on the cultivation of certain water-intensive crops in different parts of the...
  • Analogue Wall Clock Imports at $1.1m
    More than 318 tons of analogue wall clocks worth close to 38.2 billion rials ($1.1 million) were imported during the last Iranian year (March 2017-18), figures released by the Islamic Republic of...
  • Gov’t Purchases of Tea Leaves Down 6%
    Around 39,446 tons of tea leaves were purchased by the government from local farmers at 964 billion rials ($22.95 million) during the spring harvest of the crop, registering a 6% decline compared...

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