The government has earned 3,480 trillion rials ($8.73 billion) in tax income during the first three quarters of the current Iranian year (March 21-Dec. 21), according to the Economy Ministry.…
Domestic Economy
“Hotels and Restaurants”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 73.9% in the ninth month of the…
The Ministry of Industries, Mining and Trade has announced plans to invest $15 billion over the next five years for boosting its copper production. Iran aims to raise the production of…
The Islamic Republic of Iran Shipping Lines has ordered a new cargo vessel from Russia to operate from Russia’s Caspian Sea port of Solyanka. This will help develop cargo trade between…
Iran is planning to accept more female students from Afghanistan at the University of Tehran. IRNA reported that Iran has increased the University of Tehran’s budget for scholarships to Afghan…
The Agriculture Ministry has raised customs duty on onion export from 50% to 100% to lower prices in the domestic market. The measure comes as onion registered the highest month-on-month price…
South Korea's Trade Minister Ahn Duk-geun met with Iran's top envoy to Seoul on Thursday for talks on ways of boosting trade of humanitarian items and the overall economic ties, Ahn's office…
Local businesses and producers continue to suffer from fluctuations in foreign exchange rates against the rial as well as a decline in the purchasing power of customers and shortage of raw…
A total of 1.59 million tons of goods worth $621.76 million were exported from the Khosravi Border Terminal in Kermanshah Province’s Qasr-e Shirin County to the neighboring Iraq during the first…
Iran and Turkey traded $4.93 billion worth of goods from the beginning of 2022 to the end of November to register a 16.24% year-on-year rise, latest data released by the Turkish Statistical…
“Clothing and Shoes”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 47.3% in the ninth month of the…
The Statistical Center of Iran has reviewed changes in prices of commodities exported from and imported to the country in the second quarter of the current Iranian year (June 22-Sept. 22, 2022…
Tehran Stock Exchange-listed mining companies earned 4.86 quadrillion rials ($12.07 billion) in sales during the first nine months of the current Iranian year (March 21-Dec. 21), registering an…
The import of rice has been practically banned since early November and no kind of rice can undergo customs clearance, according to the head of Rice Importers Association of Iran.
Iran’s yearly saffron production has reached 180 tons, 50% less than the country’s annual average, according to an official with Khorasan Razavi Province’s Agricultural Organization
A total of 1.65 million tons of goods worth $645 million were exported from the Parvizkhan border terminal in the western Kermanshah Province during the first nine months of the current Iranian…
A total of 9,508 residential homes were sold in the capital city Tehran during the ninth month of the current Iranian year (Nov. 22-Dec. 21), registering a 28.62% rise from 7,392 in the…
A total of 12.65 million tons of goods worth $5.1 billion (excluding crude oil) were exported from Khuzestan Province during the first nine months of the current Iranian year (March 21-Dec…
Iran’s Interior Ministry says it has approved residency permits for more than one million Afghan refugees living in the country.
Iran has imported a total of 1.8 million tons of wheat from Russia in 2022 to register a 54.5% decline compared with 2021. Iran was Russia’s third biggest buyer of the grain last year,…
The Islamic Revolution Mostazafan Foundation has paid 48 trillion rials (about $120 million) in taxes over four years ending March 2022, according to its deputy for planning affairs.
“Food and beverages”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 63.6% in the ninth month of the…
The government’s recent decision to ban rice imports from India could result in a shortage of the staple grain in the domestic market, says Salar Saket, the deputy head of Rice Importers…
We have heard and read a lot about central banks increasing interest rates in the face of inflationary episodes as a preventive policy or to contain existing inflation.
A total of 1.25 million tons of goods worth $827 million were exported from Khorasan Razavi Province’s customs terminals during the first eight months of the current Iranian year (March 21-Nov.…
