Domestic Economy

  • Seventh Chinese Cargo Train Completes Journey to Iran
    The seventh cargo train from China arrived at Iran’s Inche Borun border station in the northeastern Golestan Province on May 22 after passing through Kazakhstan and Turkmenistan, the deputy head of...
  • New Chairwoman for Nat’l  Carpet Center
    Minister of Industries, Mining and Trade Mohammad Shariatmadari has appointed Fereshteh Dastpak as the new head of Iran National Carpet Center. She is replacing Hamid Kargar, IRNA reported on...
  • TCCIM to Hold English Courses on Business Skills
    Tehran Chamber of Commerce, Industries, Mines and Agriculture plans to hold English courses on general business skills for economic players with the aim of boosting their ability to negotiate in...
  • 2 Ports Annexed to Chabahar FTZ
    The High Council of Free Zones approved on Tuesday the annexation of two ports of Shahid Beheshti and Shahid Kalantari in Chabahar to Chabahar Free Trade-Industrial Zone in Iran’s southeast. First...
  • Blockade Blowback: Qatar Eyes Closer Economic Ties With Iran
    Qatar’s new ban on Arab products signals that the yearlong Saudi-led blockade aimed at keeping...
  • SCI Reports on Food Price Changes
    The Statistical Center of Iran has recently published a report on average prices of food items during the second Iranian month (April 21-May 21), comparing them with the corresponding period of...
  • Coffee Imports at $1m in  One Month
    Iran imported 346 tons of coffee worth close to $1 million during the first Iranian month (March 21-April 20), registering an increase of 35.69% and 52.16% in tonnage and value respectively...
  • A 7.3-magnitude earthquake rocked the western province of Kermanshah and the regions bordering Iraq on Nov. 12, killing over 500 people and injuring thousands of others.
    The government will grant 10 billion rials ($238,095) to those who suffered spinal cord injuries during the earthquake of western Iranian Kermanshah Province, the head of Management and Planning...
  • Vegetable Sapling Cultivation Over 214,000 ha
    About 214,000 hectares of vegetable farms went under sapling cultivation in the last Iranian year (ended March 20, 2018), director general of the Forage and Vegetable Bureau with the Agriculture...
  • Non-Oil Trade With Turkmenistan Declines 25%
    Iran traded $431.15 million worth of non-oil goods with Turkmenistan in the last Iranian year (ended March 20, 2018), registering a decline of  25.57%...
  • The northeastern province of Khorasan Razavi exported 472,000 tons of commodities valued at $345 million during the first two months of the current fiscal year (started March 21), registering an...
  • 42% Decline in Traffic Fatalities
    A total of 27,755 people were killed in road crashes in the fiscal 2005-6 whereas 15,932 road fatalities were reported in 2016-17, which suggests a significant decline of 42% over the past decade...
  • Microphone Imports From  15 Countries
    More than 265 tons of microphones and microphone stands worth close to 71.7 billion rials ($2.13 million) were imported from 15 countries in the last Iranian year (March 2017-18), figures released...
  • Iran-Iraq Border Markets Reopen
    Two border markets of Shoushmi in Paveh and Tilko at Sar-e-Pol Zahab, which were closed by Iraq following last year’s independence referendum vote in Iraqi Kurdistan region, will reopen...
  • The restriction on the import of Iranian chicken by Afghanistan is to be lifted soon following negotiations between the two countries, the head of Iran Veterinary Organization said. According to...
  • Cosmetics Imports at $11m in  One Month
    Iran imported 980 tons of cosmetics worth $11 million in the first month of the current fiscal year (March 21-April 20), registering a decline of 67.33% and 14.06% in tonnage and value respectively...
  • No Forex Subsidy  for Drug Imports
    The Central Bank of Iran has removed pharmaceuticals from the list of essential items that receive subsidized foreign currency for imports, the head of the Iranian Pharmaceutical Importers...
  • Tehran Welcomes INSTC Motor Rally Drivers
    Participants in the International North-South Transport Corridor Friendship Motor Rally are to be welcomed in Tehran on Tuesday by Iranian officials along with the Russian, Azeri and Indian...
  • Cotton Boll Production Reaches  180K Tons
    Some 180,000 tons of cotton bolls were produced in Iran in the last fiscal year (March 2017-18), of which close to 60,000 tons of carded and refined cotton were made, the head of Cotton Project...
  • Shahid Rajaee Port Throughput Tops 13m Tons in 2 Months
    Close to 13.27 million tons of oil and non-oil commodities were loaded and unloaded in Shahid Rajaee Port in the southern Hormozgan Province during the first two months of the current Iranian year...
  • IRIR Fleet Expansion  Plans by March 2019
    The Islamic Republic of Iran Railways plans to add 134 locomotives, 2,800 cargo wagons, 54 intercity passenger wagons and 46 railbuses to its fleet by the end of the current fiscal year (March 20,...
  • 14,000 Complaints Against Businesses in One Month
    More than 14,000 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces in the first month of the current Iranian...
  • Khuzestan Agro Exports  Earn $880m
    Agricultural exports from the southern Khuzestan Province stood at 37 trillion rials ($880 million) in the last Iranian year (ended March 20, 2018), the head of Khuzestan Agricultural Jihad...
  • HEPCO Privatization: Once Bitten, Twice Bitten, Thrice?
    This is the story of Iran’s largest producer of mineral machinery, Heavy Equipment Production Company (HEPCO), who weathered two privatizations, two financial collapses and is now going through its...
  • The expected decline is due to extreme cold and hot temperatures experienced by pistachio orchards this year.
    Close to 200,000 tons of pistachios are estimated to be produced in Iran during the current Iranian year that started on March 21, marking a decline of 80,000 tons compared to last year’s...

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