“Communications”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 14.3% in the second month of the current Iranian…
Domestic Economy
Iranian President Ebrahim Raisi’s visit to Latin America, besides political issues, can open new paths for Iran economically.
Iran has discovered the largest known porphyry copper deposit in the Middle East, its official media outlets reported.
Iran intends to focus on the development of economic cooperation with Belarus, BelTA quoted Iranian Ambassador to Belarus Alireza Sanei as saying. According to the diplomat, Belarusian…
Turkish President Recep Tayyip Erdogan criticized Iran on Wednesday for opposing the Zangezur Corridor, which would connect Azerbaijan to its Nakhichevan exclave through Armenia. “Iran’s…
The International North–South Transportation Corridor, a planned railroad that will connect Russia to the Indian Ocean via Iran, is gaining relevance as a means for Moscow to move goods around…
The governments of Managua and Tehran signed several cooperation documents in the economic, legal, scientific and technical spheres, as part of the official visit of Iran’s President Ebrahim…
Iran exported 1.59 million tons of agricultural and food products worth $912.43 million in the first month of the current Iranian year (March 21-May 21), new data released by the Agriculture…
Iran’s trade with India fell by 19.67% during the first four months of 2023 compared with the same period of last year to stand at $702 million, latest data released by the Indian Ministry of…
The number of Russian, Iranian and Ukrainian real-estate buyers in Turkey has increased by 23%, official data released on Thursday showed. According to May figures released by the country’s…
There are vast potentials in energy and food sectors under the Iran-Pakistan barter trade, says Shahzad Ali Malik, former president of Lahore Chamber of Commerce and Industry. The well-…
According to economic reasoning, human error is natural but systematic, repeated mistakes are against the principle of rationality. By extension, it is not strange if governments and…
Iran’s economy grew by 4.5% in the last fiscal year that ended on March 20, 2023, the Statistical Center of Iran said in a new report, adding that without taking oil production into account, the…
Iran and Russia have reached an agreement to facilitate the transit of goods and fuel, and improve maritime cooperation.
After repeated delays, Iran and Iraq in April agreed to relaunch efforts to connect the Iranian border town of Shalamcheh with the southern Iraqi city of Basra via a new stretch of railroad.…
Some may have wondered why the agriculture sector, as opposed to the activities of the industrial and services sector, has always been the prime suspect in debates related to Iran’s water crisis…
A total of 3 million passengers used marine transport for traveling during the first month of the current Iranian year (March 21-April 20), unchanged compared with last year’s corresponding…
President Ebrahim Raisi submitted the seventh five-year development plan to the parliament on Sunday in the form of a bill. A roadmap enumerating economic objectives and targets for the next…
Iran's new Minister of Industries, Mining and Trade Abbas Aliabadi and his Uzbek counterpart Laziz Kudratov have discussed a plan to increase annual bilateral trade to $1 billion. During a…
Iran’s trade with Venezuela surged by 49% in terms of weight and 197% in value in the fiscal 2022-23 (ended March 20) compared with the year before, according to the Islamic Republic of Iran…
Iran and the European Union’s 27 member states traded €1.49 billion worth of goods during the first four months of 2023, registering a 10.84% fall compared with the same period of the year…
The 32nd International Specialized-Export Exhibition of Furniture Industry, also known as HOFEX 2023, will be held in Tehran on July 5, according to Katayoun Eskandari-Kia, the manager of the…
The news of the closure and reopening of Darugar, a vintage company in hygienic and cosmetic industry, once again brought prestigious Iranian brands and their sad fate into stark relief. …
SalamAir has announced biweekly direct flights from Sohar Airport to Shiraz Airport in Iran starting from July 5, 2023. Oman's SalamAir, the fastest growing airline in the Sultanate, has…
Hossein Selahvarzi has been elected the new head of Iran Chamber of Commerce, Industries, Mines and Agriculture. He will be at the helm of the chamber for the next four years, replacing…
