Domestic Economy

Exports to South Africa stood at 148,000 tons worth $32 million in the first two months of the current fiscal year (March 21-May 21), registering a 279% and 451% growth in weight and value…

Iran's total non-oil exports stood at 113.67 million tons worth $35 billion while imports hit 33.74 million tons worth $38.89 billion in the fiscal 2020-21, according to the latest statistics…

The Fourth International Exhibition of Paper, Cardboard, Cellulose Products and Related Machinery was inaugurated on June 21 and will run until June 24 at Tehran’s International Exhibition…

The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced a total of 62,325 tons of copper anode…

Iran’s agricultural outsourcing extends across 500,000 hectares in 18 countries, which figure is negligible, as the initiative was launched 17 years ago, according to the first deputy head of…

The average goods and services Consumer Price Index of “transportation” in the 12-month period ending May 21, which marks the end of the second Iranian month of fiscal 2021-22, increased by 65.1…

Exports to Syria reached $49 million in the first two months of the current fiscal year (March 21-May 21), registering a 73% growth in terms of value year-on-year, according to the head of Syria…

A total of 45,779 tons of red meat were produced in official slaughterhouses during the month ending May 21 to register a 49% rise compared with the similar month of last year. Meat output…

Iran and 27 members of the European Union traded €1.45 billion worth of goods during the first four months of 2021, to post a 1.13% decline compared with the previous year's corresponding period…

Tax reform, overhaul of banking system and control over economic indicators, especially the soaring inflation, are among pressing issues hampering the Iranian economy. Nonetheless, economist…

IranAir is scheduled to operate flights to France and Pakistan on Mondays, but every two weeks from June 27 to Nov. 19. The flight to France will take off from Imam Khomeini International…

Revenues earned by the Organization for Collection and Sale of State-Owned Properties of Iran reached 200 billion rials ($840,000) in the first two months of the current year (March 21-May 21),…

Iran-UAE trade is about $15 billion per annum and both countries are looking to double their transactions to $30 billion by the fiscal 2025-26, according to the head of Iran-UAE Chamber of…

The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a course on key principles of tenders and…

Exports of finished and semi-finished steel products registered solid growth during the first two months of the current fiscal year (started March 20, 2021), latest data released by the Iranian…

The Iranian Mines and Mining Industries Development and Renovation Organization has released a new report on the sales of 74 heavyweight Tehran Stock Exchange-listed mining and mineral companies…

The Agriculture Ministry has yet to approve the removal of ban on rice imports, despite the green light given by the Market Regulation Headquarters. 

The quality of arguments used in televised presidential debates has raised concerns among economic analysts over the future of Iran’s economy, decisions that will be made and the consequences of…

The Iranian economy expanded in the last fiscal year (March 2020-21), latest data released by the Central Bank of Iran and the Statistical Center of Iran showed, though CBI reports GDP growth to…

Drought and extreme cold experienced at the beginning of the current crop year have inflicted heavy losses on many wheat farms across the country, which is estimated to reduce the government’s…

The National Coronavirus Headquarters has extended last year’s (March 2020-21) tenancy rules, based on which landlords’ ability to forfeit a lease will remain suspended amid the Covid-19…

The Ministry of Industries, Mining and Trade has announced that the first phase of Mehdiabad Lead and Zinc Complex located in the central Yazd Province will be completed by the end of fiscal…

Since the beginning of the fiscal 2021-22 (started March 21), 68,789 tons of goods worth $79.79 million were imported via Bazargan border terminal.  The figures stood at 2,736 tons worth $…

The Market Regulation Headquarters has approved the import of 300,000 tons of oilseeds by Government Trading Corporation of Iran to support local oilseed processing factories. 

A total of 194,362 tons of commodities have been exported from Amirabad Port in the northern Mazandaran Province since the beginning of the current Iranian year (March 21), showing a 33% rise…