Iran’s flag carrier airline, IranAir, will increase the number of flights from Isfahan and Shiraz airports to Kuwait International Airport as of April 17.
Domestic Economy
Challenges related to transportation and logistics have plagued the Iranian supply system for years, but government officials take notice of this disease only when the market faces a new price…
The volume of foreign investment in Iran has seen many ups and downs over the past few decades.
Besides inflation and economic hardships, the threefold rise in the prices of books compared with five years ago has reduced the share of books in households’ consumption basket. Although…
The employment rate was 36.6% (23.17 million) in the fourth quarter of last Iranian year (Dec. 22, 2021-March 20), down 0.3% compared with the same quarter of the previous Iranian year, latest…
The Ministry of Industries, Mining and Trade's review of last Iranian year’s 11 months to Feb. 19 shows the output of five mineral products (out of 12 under review) registered growth compared…
Mazandaran Province’s foreign trade hit $1.52 billion in the fiscal 2021-22 (ended March 20), registering a 53% growth year-on-year. Exports stood at $278 million, 53% higher compared…
Live music concerts are starting to reemerge after nearly two years of hiatus.
Iran traded 92.79 million tons of goods (excluding crude oil exports) worth $47.02 billion with the Organization of Islamic Cooperation’s member states during the 11 months to Feb. 19, data…
The decline in Iran’s GDP and per capita consumption during the 2010s should be chiefly blamed on the waning capital formation, Ali Cheshmi, an economist and university professor, said in an…
Iran’s trade with the US reached $7.1 million in the first two months of 2022 to register a 39.22% growth compared with the year before. Latest data released by the US Census Bureau show that…
A total of 6.15 million passengers were transported in the marine sector during the Iranian New Year holidays from March 16 to April 4, registering a 377% rise compared with the similar period…
The Purchasing Managers’ Index for Iran’s industrial sector rose for the second month in a row in the last fiscal year’s 12th month (Feb. 20-March 20, 2022), new data released by the Statistics…
Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 6.96 million tons worth $3.07 billion during the 11 months to Feb. 19, according to the Islamic Republic of…
Tehran Province, wherein lies the capital city, saw the lowest unemployment rate of 6% among all Iranian provinces in the fourth quarter of last Iranian year (Dec. 22, 2021-March 20) while East…
The review of the decade ending fiscal 2021-22 shows Iran experienced the highest inflation of 40.2% in the same year, the Economic Studies Department of Tehran Chamber of Commerce, Industries,…
Trade between Iran and Oman exceeded $1.33 billion in the last Iranian year (March 2021-22), showing a 53% rise compared with the year before. “The figure marks a 20-year record high,” according…
The 57.4% increase in minimum wages set for the new Iranian year (started March 21), which unlike previous years was finalized and communicated before last year was out, has drawn a lot of flak…
A total of 4.18 million tons of goods worth $1.84 billion were exported from Iran to neighboring Afghanistan during the last Iranian year (March 2021-22), registering a 40% and 20% decline in…
The Statistical Center of Iran provides two figures for the youth unemployment rate: the proportion of the population between 15 and 24 years and those between 18 and 35 years. The…
The average Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending March 20, which marks the last day of the fiscal 2021-22, increased by 46.5%…
Generally, over 30% of the population live in large cities, which makes paying attention to the economic and social aspects of living in large cities inevitable, reads an article by Nasser…
Tehran Chamber of Commerce, Industries, Mines and Agriculture has organized two specialized courses in April. The first course titled “International Marketing” started on Tuesday and continue…
Contract-based cultivation of rice has been launched in Iran this year (started March 21) for the first time and more than 6,322 hectares of paddy fields have joined the scheme so far, according…
A total of 236,000 tons of goods worth $330 million were exported from Bileh Savar Border Crossing, located in the northwestern Ardabil Province, during the fiscal 2021-22 and registered a 10%…