Speculations about the future of Iran's economy after western sanctions (imposed against Iran over its nuclear energy program) are lifted have intensified after a landmark understanding was…
Domestic Economy
Official statistics for the first 10 months of the past Iranian calendar year that ended on March 20 indicate that some 919 trillion rials ($32.8 billion at official exchange rate) were invested…
Iran produces about 180,000 tons of kiwi fruit annually, about 5 percent or 9,000 tons of which is spoiled due to demand fluctuations in the domestic and international markets. This has given rise…
Vietnam’s First Deputy Prime Minister Nguyen Xuan Phuc has expressed his country’s willingness to boost trade with Iran, in a meeting with the vice-chairman of Iran’s Majlis National Security and…
The inflation rate reached 15.6 percent over the past Iranian calendar year (ended March 20), based on the latest report released by the Central Bank of Iran (CBI). The report also indicates…
Iranian ports recorded 8 percent growth in marine traffic during the past Iranian calendar year (ended March 20) compared with the previous year. The number of ships berthing in Iran’s ports…
Close to 3,700 metric tons of various bony fish species have so far been caught from the Caspian Sea in the northern Mazandaran Province in the current fishing season, which indicates a 6 percent…
Commodities worth $1.9 billion were exported to Iraq through Khosravi and Parviz Khan border-crossings in Qasr-e Shirin county of Kermanshah Province in western Iran during the past Iranian…
Transit of goods through the country’s borders exceeded 12.34 million metric tons in the past Iranian calendar year (ended March 20), indicating a 6.5 percent increase compared with the previous…
Trade exchange between Iran and China exceeded $50 billion during the past Iranian calendar year (ended March 20), deputy minister of industry, mine and trade, Reza Nowruz-Zadeh said in a meeting…
The Islamic Republic of Iran Shipping Lines (IRISL Group) transported 33 million tons of cargo in the outgoing Iranian year (to end March 20), registering a record high…
Where is Iran's economy headed in the upcoming year, which starts on March 21, in terms of inflation, economic growth and unemployment rate?
Tehran will face an exacerbated water crisis unless immediate reforms are implemented, the governor of Tehran province told news outlets recently.
An extraordinarily dry winter combined…
The CEO of Azarnoosh company—a producer of raw materials and additives for the food industry— discussed the advantages of investing in the Iranian food industry, as well as the problems this…
The production of tile and ceramics reached 340 million square meters over the past 11 months of the current Iranian year (to end March 20), growing by 25 percent compared with the similar period…
Excessive imports have hurt the domestic agriculture sector, forcing many farmers to stop production, head of Iran’s Agriculture Trade Union, Mousa Rahnamayee told Mehr news agency on Wednesday.…
The Iranian National Tax Administration (INTA) on Wednesday announced the rate of value-added tax (VAT) in the upcoming Iranian year (starting March 21) at 9 percent, including 6 percent towards…
Germany’s former environment minister Klaus Topfer in a meeting with the governor of East Azerbaijan Province Ismael Jabbarzadeh on Monday said, “The time for talking has passed, it is time…
Nearly $6 billion worth of commodity have been traded via border areas of the northwestern Kurdistan Province during the past 11 months of the current year (to end March 20), Mehr news agency…
Nearly 118 metric tons of saffron has been exported from the city of Mashhad during the past 11 months of the current year ( ends March 20), which indicates an increase of about 27% compared with…
When I was a kid, I often wondered where money came from and why didn’t everyone have enough of it to buy all the chocolate and ice cream in the world (or even better, build a chocolate house!). I…
Tehran and Damascus signed an economic agreement to facilitate trade of the Iranian private sector in Syria and eliminate customs tariffs and duties on the export of Iranian goods and services to…
The number of government employees has reduced by 68,201 or 3 percent within the past 18 months since the new administration, led by president Hasssan Rouhani assumed office, public relations…
Iran's economy grew by 3.6% in the first nine months of the current year (ending March 20) compared with the similar period last year, according to the latest statistics released by the Central…
As per a new memorandum of understanding (MoU), Iran will have exported 25,500 tons of basic commodities to Iraq by the end of the current Iranian year (March 20, 2015), IRNA cited managing…
