Domestic Economy

The Organization for Economic Cooperation and Development has predicted Iran’s nominal annual crude steelmaking capacity to reach 54.4 million tons by 2022, an increase of 51% compared to the…

Angouran Lead and Zinc Complex in Zanjan Province has raised its production capacity by 120,000 tons annually with the launch of a new underground mine.

The government has allocated 2 trillion rials ($8.5 million) for the completion of Qazvin-Zanjan double-tracking rail project, the head of Plan and Budget Organization said.

Iran’s non-oil foreign trade stood at $19.63 billion during the four months to July 21, of which exports accounted for $8.71 billion and imports constituted $10.92 billion, according to…

Iran-Oman Chamber of Commerce has signed a memorandum of understanding with Iran Mine House to promote the presence of Iran’s mining companies in the neighboring country, improve mineral exports…

After experiencing an 8% decline in the Iranian year ending March 2019, the Industrial Production Index for large manufacturing units in Iran registered a 1.9% growth in the fiscal 2019-20, the…

Reefers carrying Iran’s seafood products have been sent to Thailand via the southeastern port of Chabahar for the first time, the head of Sistan-Baluchestan Ports and Maritime Organization said…

As of August 5, all passengers arriving by air must provide negative Covid-19 test results in English to pass through Tehran’s Imam Khomeini International Airport.  Mohammad Reza Karimian…

A total of $131.47 million tons of goods were exported from the southeastern Sistan-Baluchestan Province to the neighboring Pakistan during the first three month of the current Iranian year (…

The coronavirus pandemic has dealt a heavy blow to the Iranian rail sector. A total of 1.1 million passengers were transported by the Islamic Republic of Iran Railways in the first quarter of…

During the first quarter of the current year (March 20—June 20), Iran’s foreign trade was at its lowest level in the month ending April 19 and at its peak in the month ending May 20,…

Iran’s trade with Turkey totaled $1.07 billion during January-June to register a decrease of 72.54% compared with the first half of 2019, data released by Turkish Statistical Institute show.…

The growth in overall Consumer Price Index in the fourth month of the current Iranian year (June 21-July 21) was the highest (8.2%) in Ardabil Province when compared with the month before.…

Iran and Russia held the 11th edition of their transportation cooperation taskforce meetings via videoconferencing from July 27 to 29. 

The average Producer Price Index for the services sector in the four-quarter period ending June 20 increased by 27.6% compared with the same period of last year, according to the latest data…

A total of 52,740 billion rials ($224 million) in loans were granted to industrial and mining enterprises over the past 16 months, data provided by the Ministry of Industries, Mining and Trade…

The Statistical Center of Iran has released a report reviewing the price changes in food products during the month ending July 21.   The biggest month-on-month price rise for a food item…

Five industrial projects worth 56 trillion rials ($237 million) were inaugurated in three provinces by President Hassan Rouhani via videoconference meetings on Thursday.

Investments in major greenfield industrial projects stood at 21 trillion rials ($90 million), while major brownfield projects received a total of 7.8 trillion rials ($33 million) during the…

Date production in the southern Khuzestan Province is estimated to reach 230,000 tons in the current Iranian year (March 2020-21) to register a 32% rise compared with last year, according to the…

A total of 528 container vessels berthed at Shahid Rajaee Port in the southern Hormozgan Province during the first four months of the current Iranian year (March 20-July 21), which shows a 14%…

A total of $2.1 billion worth of investments have been made by 231 foreign investors in Iran’s industrial towns by March 19, creating 19,862 jobs.  According to a report by IRNA citing…

The average Producer Price Index for the mining sector in the four-quarter period ending June 20 increased by 37.7% compared with the same period of last year, according to the latest data…

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 4.7% in the fourth Iranian month (June 21-July 21), indicating a 0.5 percentage point…

Khaf-Herat railroad project is scheduled to be launched this autumn (Sept. 22-Dec. 20), says the deputy head of Construction and Development of Transportation Infrastructure Company, affiliated…