Domestic Economy

A total of 54.8 billion cigarettes were produced in the last fiscal year (March 2019-20), indicating a 13.7% growth compared with the year before.  While 154 million cigarettes were…

Major Iranian lead and zinc producers extracted a total of 211,304 tons of ores during the first three months of the current Iranian year (March 20-June 20) to register a 2% rise compared with…

Iranian aluminum producers had an aggregate output of 101,195 tons of aluminum ingots during the first three months of the current Iranian year (March 20-June 20) to register a 63% rise compared…

Iran’s misery index settled at 45.4 in the fourth quarter of the last fiscal year (Dec. 22, 2019-March 19) from 50.6 in the third quarter (Sept. 23-Dec. 21, 2019), the Statistical Center of Iran…

Home prices in the resort island have increased by an average of 35% over the first three months of the current Iranian year (March 20-June 20), the head of Kish Association of Realtors said.…

Cattle farms in Iran produced 1.85 million tons of milk and 353,000 head of heavy livestock in the first quarter of the current fiscal year (March 20-June 20), indicating an 8.68% and 8.31%…

Iraq has partially reopened another border crossing into Iran. The Mandali border crossing (known as Soomar on the Iranian side of the border) was reopened on Saturday in a ceremony attended by…

A total of 11.24 million tons of iron ore pellets were produced in Iran during the first quarter of the current Iranian year (March 20-June 20) to register a year-on-year decline of 2%.…

A total of 1 million tons of essential goods were unloaded at Shahid Rajaee Port in the southern Hormozgan Province since the beginning of the current Iranian year up until July 5 to register a…

With 4.72 million tons of output, Mobarakeh Steel Company had the largest share of steel production in Iran during the first three months of the current fiscal year (March 20-June 20). The…

The Consumer Price Index of the education sector stood at 174 in the third month of the current Iranian year, indicating a 0.3% rise compared with the month before. It marks the lowest monthly…

Turkey has not reopened its borders for Iranian tourists and only allows Turkish citizens and holders of work visas to enter the neighboring country, the spokesperson of Iran Civil Aviation…

The government will allocate a fraction of the 750-trillion-rial ($3.34 billion) coronavirus bailout to renters, says Minister of Roads and Urban Development Mohammad Eslami.  The interest…

Business owners and employers are not required to sign a written pledge that they would accept any future liability for coronavirus exposure claims by customers or employees, provided all health…

The Purchasing Managers’ Index for the industrial sector during the third month of the current fiscal year (May 21-June 20) settled at 56.80 from 63.21 in the preceding month (April 20-May 20),…

The rate of capital formation for machinery and equipment saw an 11.8% decline during the last fiscal year (March 2019-20).  According to a report by the Statistical Center of Iran, the…

A total of 6.6 million tons of essential goods have been unloaded at Iranian ports of entry since March 20 (the beginning of the current Iranian year), of which Imam Khomeini Port in the…

More than 11.91 million tons of iron ore concentrates were produced in Iran during the first three months of the current fiscal year (March 20- June 20) to register a 2% fall compared with the…

A total of 3,000 nurses and other healthcare workers will be employed by the government, according to a letter sent by the head of Plan and Budget Organization of Iran, Mohammad Baqer Nobakht,…

Iraq partially reopened its southern Shalamcheh border crossing with Iran on Tuesday after more than three months due to the spread of the new coronavirus, border officials said. The crossing,…

Export of agricultural and food products accounted for 14% of the overall non-petroleum export in the last fiscal year that ended in March. Seven million tons of agrifood worth over $5.82…

Development of the multi-purpose port of Khamir in the south of Iran has made 70% progress and will be inaugurated by the end of the current Iranian year (March 21, 2021).

Approximately 784 trillion rials ($3.56b) in investments are to be made in industrial units, for which permits were issued in the first three months of the current Iranian year (March 20-June 20…

Minister of Roads and Urban Development Mohammad Eslami flagged off track laying operations for a railroad connecting the southeastern port city of Chabahar to the eastern city of Zahedan near…

Over 370 trillion rials ($1.68 billion) in loans at 5% have been granted for repair and reconstruction of homes in rural areas since the March 2006, Azizollah Mehdian, an official with the…