Domestic Economy

More than 485 trillion rials ($2 billion) worth of investment were made in industrial units with establishment permits, while projects with operating licenses are estimated to have received 50.…

A total of 2.7 million tons of agrifood products worth $1.69 billion were exported from Iran during the first four months of the current Iranian year (March 20-July 22) to register a respective…

Iran and the Eurasian Economic Union traded more than $1.5 billion worth of goods under their preferential trade agreement between October 27, 2019, when the PTA came into effect, and June 19,…

The average Consumer Price Index of the transportation sector in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 45.4% compared with the similar…

A total of 33,548 tons of non-oil goods worth $32 million were exported from Iran's northwestern Ardabil Province during the first three months of the current Iranian year (March 20-June 20).

Spokesman of the Islamic Republic of Iran Customs Administration Rouhollah Latifi has given the latest account of Iran's commercial exchanges through border crossings with neighboring countries…

Iran’s business environment improved in the first quarter of the current year (March 20-June 20), despite the outbreak of coronavirus and its impacts, Iran Chamber of Commerce, Industries, Mines…

A container ship carrying 66,700 tons of sugar from Brazil has arrived at Chabahar’s Shahid Beheshti Port and the unloading process is now being conducted using the port’s modern equipment, Mehr…

As part of the 80 trillion rials ($350 million) economic relief package for the transportation sector approved by the government, airlines will receive 20 trillion rials ($87 million) in loans…

A total of 259 domestically-made and overhauled locomotives, passenger and cargo wagons worth 4.94 trillion rials ($21.57 million) have been added to Iran's rail fleet since the beginning of the…

A small percentage of labor force in Iran manages to collect unemployment benefits in the event of losing their jobs.  According to a study on unemployment insurance in the year ending…

The first successful TIR pilot operation involved land freight transportation from Shahid Rajaee Port in the southern Hormozgan Province to Kyrgyzstan via Afghanistan and Tajikistan—the so-…

Iran’s commercial exchanges with its biggest trading partner, China, reached $7.23 billion during the first half of 2020 to register a 42% decline compared with the corresponding period of 2019…

A prominent housing expert says vacancy tax would hardly push down rents or home prices in the short run. Fardin Yazdani, the planner of Comprehensive Housing Initiative of the Ministry of…

The Consumer Price Index of tobacco stood at 347.3 in the month ending July 21, which marks the end of the fourth Iranian month, indicating a 7% rise compared with the month before. Tobacco…

The National Iranian Copper Industries Company's sales stood at 64.17 trillion rials ($276 million) in the first quarter of the current Iranian year (March 20-June 20), according to the company’…

Chazzabeh crossing on the Iran-Iraq border was reopened for exports on Sunday, after five months of closure due to the outbreak of the new coronavirus.  Iranian commercial vehicles will be…

The think tank European House—Ambrosetti in partnership with the Italian Embassy in Tehran and Tehran’s Chamber of Commerce—hosted a virtual Business Forum on "Economic relations between Italy…

Iranian steel mills produced a total of 13.89 million tons of crude steel during the first half of 2020 to register a 10.2% rise compared with the corresponding period of 2019, the latest report…

The average Consumer Price Index for food and beverage in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 24.2% compared with last year’s…

A major two-phase industrial project worth €20 million has become operational in Urmia, West Azarbaijan Province, with the second phase coming on stream on Thursday.

Iran exported 21,720 tons of pistachio worth $154.12 million during the first quarter of the current Iranian year (March 20-June 20). According to Spokesman of the Islamic Republic of Iran…

Iran exported around 3.8 million tons of commodities worth $967 million to the UAE during the first quarter of the current fiscal year (March 20-June 20), according to the director general of…

A total of 23,462 tons of seafood worth $37.41 million were exported from Iran to 34 countries in the first three months of the current Iranian year (March 20-July 20), according to the…

Iran’s total fertility rate (both the Iranian population, immigrants and foreigners residing in Iran) has been in decline from 2.1 in the year ending March 2018 to 2 in the year ending March…