Domestic Economy

A total of 17.6 million tons of commodities worth $5 billion were exported to Iraq during the first seven months of the current Iranian year (March 20-Oct. 21), which made the neighboring…

A total of $25 million worth of foreign investments were made in Aras Free Trade and Industrial Zone located in West Azarbaijan Province during the first half of the current Iranian year (March…

Iran’s commercial exchanges with top trading partner China stood at $12.41 billion during the first 10 months of 2020 to register a 36.5% decline compared with the corresponding period of 2019…

Travel and tourism players, including tour guides and owners of traditional restaurants, eco lodges and hotels, will receive loans worth between 160 million rials ($637) and 9 billion rials ($35…

A total of 15,115 contracts on residential building construction in urban slum areas using Bank Maskan loans were signed from March 19, 2019, to Nov. 18, says Reza Salehi Shahrabi, an official…

The Statistical Center of Iran’s latest report reviews price changes in 53 food items during the month ending Nov. 20.   The biggest month-on-month price rise for a food item during the…

About 1.2 million tons of different types of dates have been produced so far in Iran in the current fiscal year (started March 20), almost as much as that of last year, the chairman of the…

Kish Free Trade Zone Organization, Arvand Free Trade Zone Organization and Kish Airlines have signed a memorandum of understanding to conduct Kish-Istanbul-Abadan flights. 

A total of 180,000 to 200,000 hectares are estimated to have gone under oilseeds cultivation in the current crop year (September 2020-21), producing close to 600,000 tons, according to the…

A total of 306 tons of bony fish have been harvested from the Iranian territorial waters of Caspian Sea in Mazandaran Province since the beginning of the fishing season on Oct. 6, which shows a…

Iran and the Commonwealth of Independent States traded $1.5 billion worth of goods during the first half of the current Iranian year (March 20-Sept. 21). A total of $692 million worth of…

Iran’s agricultural mechanization coefficient will reach 2 horsepower per hectare by the end of the current Iranian year on March 20, 2021, marking a historic record, says the head of…

Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Department of International Affairs has arranged online trade forums between traders of Iranian private sector and their…

The growth in overall Consumer Price Index in the eighth month of the current Iranian year (Oct. 22-Nov. 20), was the lowest (3.2%) in Tehran Province compared with the month before. This comes…

Iran’s clothing exports totaled $35 million in the five months to Aug. 21, a board member of Iran’s Textile and Apparel Production and Export Union said. “The statistics are not final yet, but…

The producer price index in the four-quarter period ending Sept. 21, which marks the end of the second quarter of the current Iranian year, grew by 23.6% compared with the corresponding period…

Chicken farmers incur losses of 90 to 100 billion rials ($360,000-$400,000) per day due to the difference in production cost and the price set by the government. 

Iran’s export of mineral products during the first seven months of the current fiscal year (March 20-Oct. 21) reached 21.17 million tons worth $3.04 billion, latest data released by the Iranian…

Domestic passenger and cargo transportation has declined considerably across the country, latest data released by Iran Airports Company show. About 14.77 million passengers were transported…

Qeshm Air has resumed roundtrip Tehran-Najaf and Mashhad-Najaf flights.  The airline offers biweekly flights to the Iraqi city on Mondays and Thursdays, IRNA reported.  All…

A total of 70 domestically-made and overhauled rolling stock worth 2.23 trillion rials ($8.9 million) joined Iran’s rail fleet on Nov. 24 during a ceremony attended by Minister of Roads and…

Steel consumption in Iran is growing against all odds.

The appellate branch of the Court of Administrative Justice has ruled against an importer’s attempt to bring in 420 containers of home appliances of a European brand.

The seventh session of Iran-Qatar Commission for Economic Cooperation was held on Tuesday in the Iranian province of Isfahan where the two sides signed a memorandum of understanding to expand…

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 8.9% in the eighth Iranian month (Oct. 22-Nov. 20), indicating a 0.8 percentage point…