Iraq’s financial crisis has worsened and compelled it to repay its debts to Iran in Iraqi dinars, Iraqi officials told Middle East Eye. The country’s currency has been struggling for months…
Domestic Economy
Over 4,000 tons of goods were transited via Iran’s southern port of Shahid Bahonar in the 11th Iranian month (Jan. 21-Feb. 19), showing a 65% rise compared with the corresponding period of last…
“Leisure and Culture”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 30.8% in the 11th month of the…
Tehran Stock Exchange-listed mining companies earned 5.66 quadrillion rials ($10.67 billion) in sales during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), registering…
The rising value of foreign exchange against the rial has been a cause for serious concern in recent months.
Trade between Iran and the Economic Cooperation Organization’s member states reached 25.14 million tons worth $16.7 billion during the current Iranian year’s first 10 months (March 21, 2022-Jan…
Iran’s trade with India fell 6.19% in January 2023 compared with the same month of last year to stand at $197 million, latest data released by the Indian Ministry of Commerce and Industry show.…
A total of 43.79 million tons of minerals and mining industry products worth $11.08 billion were exported from Iran during the first 11 months of the current Iranian year (March 21, 2022-Feb.
Iran’s Embassy in Caracas has announced via Twitter that a direct shipping line has been established between Iran and Venezuela, with a ship set to depart every three months. The aim is to…
“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 39.1% in the 11th month of the current…
Saha Airlines has launched new flights between the Iranian city of Shiraz and the Iraqi holy city of Najaf. According to Fakhreddin Keshavarz, director general of Fars Province’s Airports, the…
Fluctuations in the Iranian rial’s value against foreign currencies are still making headlines, it’s a key variable and affects the livelihoods of Iranians apart from the economic indicators.…
A total of $205 million worth of dates were exported from Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), according to the Agriculture Ministry. “With 1.4…
The automobile industry in Iran is a telling example of how government interference pulls an industry out of economic reckonings and burdens it with political baggage.
Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 83.18 million tons worth $50.03 billion during the first 10 months of the current…
Iran’s rail freight fleet saw the loading of 33.5 million tons of goods during the first nine months of the current Iranian year (March 21-Dec. 21, 2022), according to the Islamic Republic of…
Iran and Belarus will soon sign an agreement that will enable international freight transportation by road without permits, BelTA learned from Belarusian Transport and Communications Minister…
“Clothing and Shoes”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 47.1% in the 11th month of the current…
The Iranian National Tax Administration collected 4,287 trillion rials ($7.88 billion) in tax during the first 11 months of the current fiscal year (started March 21, 2022). According to the…
A total of 1.83 million tons of goods worth $729.84 million were exported from Khosravi Border Terminal, located in Kermanshah Province’s Qasr-e Shirin County, to the neighboring Iraq during the…
A total of $327 million worth of pistachio were exported from Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), according to the Agriculture Ministry.…
New flights between the city of Tabriz, located in northwest Iran, and Najaf in Iraq have been scheduled by Caspian Airlines, according to the director general of East Azarbaijan Airports…
Iranian steelmakers’ production of semi-finished and finished steel products each registered 11% growth during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), the…
Fluctuations in the value of foreign exchange rates [against rial] have once again unsettled economic players, leading some economists to warn against the dollarization of Iran’s economy.…
Exports from Iran’s southwestern Khuzestan Province to Iraq reached 4.3 million tons worth $720 million during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), according…
