The government was allowed to tap into revenues gained from the export of crude oil, gas condensates and natural gas to allocate cheap foreign currency at the rate of 42,000 rials per US dollar…
Domestic Economy
Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Business School is scheduled to hold a webinar titled “Family Business: Challenges and Solutions” in collaboration with Amirkabir…
Iran recorded the highest growth in the production of direct reduced iron during the first three quarters of 2020 (January-September). A total of 22.18 million tons of DRI, also known as sponge…
Given the rise in global prices of unprocessed edible oils and other costs, the consumer prices of products packaged in PET containers will increase by 10% and those packaged in other types of…
The average goods and services Consumer Price Index of housing and utilities (water, electricity and gas) in the 12-month period ending Nov. 20, which marks the end of the eighth Iranian month,…
Iran’s non-oil foreign trade hit 97.7 million tons worth $44.6 billion in the eight months leading to Nov. 20. According to Mehdi Mirashrafi, the head of Islamic Republic of Iran Customs…
The average goods and services Consumer Price Index of food and beverages in the 12-month period ending Nov. 20, which marks the end of the eighth Iranian month, increased by 25.1% compared with…
The official unemployment rate, according to the Statistical Center of Iran, stood at 9.8% in the first quarter of the current Iranian year (March 20-June 20), indicating a 1.1% decline compared…
Critical issues facing private sector players of trucking industry are mostly structural and existed even before the outbreak of Covid-19. According to Iranian entrepreneur Fatemeh Moqimi…
Businesses violating the coronavirus containment measures will be handed out fines of between 3 million rials ($11.5) and 15 million rials ($57.8).
Imports of livestock and poultry feed saw an 11% decline in weight and a 9% decrease in value to reach 14.31 million tons worth $4.29 billion in 11 months to Feb. 18, the news outlet of Iran…
The Export Price Index, an indicator measuring the overall change in the prices of exported goods and services, (using the year ending March 2017 as a base year), stood at 625.6 in the first…
Iran’s red meat consumption has declined by 40% after the outbreak of the coronavirus pandemic, which has inflicted losses on the country’s nomads whose livelihood largely depends on animal…
Iranian aluminum producers had a total output of 247,335 tons of ingots during the first seven months of the current Iranian year (March 20-Oct. 21) to register an 89% rise compared with the…
Members of Tehran Chamber of Commerce, Industries, Mines and Agriculture and those of Lahore Chamber of Commerce and Industry are scheduled to hold an online forum on Dec. 8.
The average goods and services Consumer Price Index in the 12-month period ending Nov. 20, which marks the end of the eighth Iranian month, increased by 29% compared with the corresponding…
Mazandaran has exported fifty 20-ton containers per day of citrus fruits since Sept. 22 (which marks the beginning of the seventh Iranian month), registering a 25% growth year-on-year, says an…
A number of financial support plans, including tax relief measures, have been introduced to alleviate the impacts of the new round of coronavirus lockdown for businesses.
A wide range of factors have hindered the growth of Iran’s mining sector, including the government dominance, the small share of private sector, lack of consistent policies and sanctions, the…
Iranian Parliament’s Research Center has reviewed trade transactions between Iran and the Eurasian Economic Union from the fiscal 2015-16 through to the last Iranian year (March 2019-20) in a…
Local producers manufactured 52.9% more washing machines in the seven months to Oct. 21 compared with last year’s same period: 549,600 washing machines over 355,300, figures released by the…
A total of 140,000 tons of commodities worth $155 million were exported from Semnan Province to 42 countries during the first seven months of the current Iranian year (March 20-Sept. 21),…
On Wednesday, Nov. 18, a daughter of an Iranian mother received her identity booklet at the headquarters of Interior Ministry, the first to be issued for a child born out of a marriage between…
With the go-ahead of Ebrahim Raeisi, the head of Iran’s Judiciary, and following demands from representatives of private sector at chambers of commerce and in response to the correspondence of…
Iranian commercial ports have the capacity to handle 246 million tons of cargo annually, Mohammad Rastad, the head of Ports and Maritime Organization, said on the sidelines of the First…
