The Planning and Resources Management Department of the Ministry of Roads and Urban Development has released new data on the volume of cargo and passenger traffic via three modes of…
Domestic Economy
A total of 35.54 million tons of minerals and mining industry products worth $9.09 billion were exported from Iran during the first nine months of the current Iranian year (March 21-Dec.
Iran and Russia have reached an agreement for the construction of the Rasht-Astara railroad project. Iran’s Deputy Transport and Urban Development Minister for Transportation Affairs …
Iran and the Eurasian Economic Union have signed a memorandum on free trade at a ceremony held in Tehran on Jan. 19. The document was signed by the head of Iran's Trade Promotion Organization,…
Sari Guni gold mine is Iran’s biggest producer of the precious metal with proven reserves of 41 million tons of 24.1-carat gold and an annual output of 5 tons, according to a local official in…
Trade between Iran and the Economic Cooperation Organization’s member states reached 16.71 million tons worth $12.8 billion during the current Iranian year’s first nine months (March 21-Dec.
A total of 10.4 million tons of foreign goods were transited through Iran from the beginning of the current Iranian year on March 21 to Dec. 21, according to Mohammad Rezvanifar, director…
A total of 1,800 units of different kinds of agricultural, construction and mining machinery were produced during the first nine months of the current Iranian year (March 21-Dec. 21), according…
The government is projecting the sales of crude oil and its derivatives to earn 6,030 trillion rials ($14.75 billion) in the budget bill for the upcoming Iranian year (March 2023-24).
In today’s economy, the so-called “waiting period for owning a home” index has gradually become an important, thought-provoking indicator. One of the key duties of governments is to shorten this…
Kazakhstan may appoint trade advisers to Iran, as well as the UAE, China, Turkey and India, said Prime Minister Alikhan Smailov on Jan. 11 as he chaired the meeting of the Trade and Integration…
Iranian President Ebrahim Raisi presented a substantially enlarged state budget to parliament on Wednesday, vowing to bring down inflation and boost growth to lift an economy hit by US sanctions…
Iran has lifted restrictions it recently imposed on rice imports, according to the director general of the Commerce Bureau of the Agriculture Ministry.
The Iranian ambassador in Kabul said that the current situation offers the best opportunity to invest in Afghanistan’s mining sector. “Now is the best opportunity to invest in Afghanistan’s…
A total of 199,218 tons of poultry meat were produced in Iran’s official slaughterhouses during the ninth month of the current Iranian year (Nov. 22-Dec. 21), registering a 6% increase compared…
Russia and Iran are working on a new shipping corridor that cuts Europe and its sanctions out of the picture, and are looking to partner with India, which has kept its distance from the…
Iran’s foreign trade (excluding crude oil export) stood at 125.86 million tons worth $88 billion from the beginning of the current Iranian year on March 21, 2022, to Dec. 21, to register a 17%…
A total of 358,000 tons of goods worth $321.69 million were exported from the city of Kashan in Isfahan Province during the first nine months of the current Iranian year (March 21-Dec. 21, 2022…
Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to send a trade delegation to Astana, Kazakhstan, from Jan. 25-28 with the aim of developing Iran’s cooperation with the…
Tehran is hosting the First Iran Future Print Expo, also known as IFPEX. The event opened at the world's biggest shopping center, Iran Mall, located in northwest Tehran on Jan. 10 and will run…
Exports from East Azarbaijan Province accounted for 40% of Iran’s total exports to Armenia during the first nine months of the current Iranian year (March 21-Dec. 21), according to Saber Parnian…
In a new report, the World Bank has forecast Iran’s economic growth to slow down in the years to come.
German exports to Iran climbed 12.7% year-on-year from January to November 2022 to around €1.5 billion ($1.6 billion), data from the federal statistical office showed. That exceeded the full-…
President Ebrahim Raisi submitted the budget bill of the upcoming fiscal year (March 2023-24) to the parliament on Jan. 11. The submission was about one month late as it is due on the 15th of…
Command pricing of air transportation services has led to the gradual grounding of Iranian air fleet. The continuation of this policy does not allow the existing planes to be replaced and denies…
