Domestic Economy

A total of 2,358 accounts have been opened with designated banks for security deposit assistance loans.  Owners of 1,639 accounts have received loans worth 285,250 million rials ($1.1…

Turkmenistan closed its land border with Iran’s Sarakhs in Khorasan Razavi Province on Thursday after a short stint of reopening.  According to Mohammad Mehdi Rezaei, director of Sarakhs…

The Purchasing Managers’ Index for the industrial sector during the fifth month of the current fiscal year (July 22-Aug. 21) settled at 48.06 from 55.25 in the preceding month (June 21-July 21…

A total of 65,000 applicants have opened accounts with designated banks of the government-sponsored “National Housing Initiative” so far and 38,000 of them have made the initial payment of…

Given the general rise in prices of goods and services, the 49.4-million-rial ($192) living wage set in the month ending March 2020 for a 3.3-member household, has reached 62.49 million rials ($…

A total of 6.3 million tons of tomatoes have been produced in Iran since the beginning of the current Iranian year (March 20), according to the CEO of the Central Organization for Rural…

The customs terminals of Iran’s western Kurdestan Province have exported 1.47 million tons of goods worth $596.23 million since the beginning of the current Iranian year on March 20 up until…

A forum will be held on Sept. 21 through Tehran Chamber of Commerce, Industries, Mines and Agriculture's online platform for reviewing trade ties between Iran and Russia.

While many businesses are hurting during the coronavirus pandemic, some are seeing an increase in demand and sales. 

A total of 70 domestically-made and overhauled rolling stock worth 73 billion rials ($2.88 million) recently joined Iran’s rail fleet. The additions included newly-manufactured 59 freight and 2…

Vice President for Economic Affairs Mohammad Nahavandian says coronavirus bailout payments increased by 168% during the Iranian month ending Aug. 21 to reach 37,540 billion rials ($148 million…

Iranian aluminum producers had an aggregate output of 175,000 tons of ingots during the first five months of the current Iranian year (March 20- Aug. 21) to register a 70% hike compared with the…

The communications sector experienced the lowest month-on-month, year-on-year and average annual growth in prices among 12 groups of the basket of consumer goods and services purchased by…

A total of $261 million worth of non-oil commodities were exported from Tehran’s custom terminals during the first four months of the current Iranian year (March 20-July 21), with industrial…

Iran’s 21 major commercial ports handle a total of 48.42 million tons of commodities during the first five months of the current Iranian year (March 20-Aug. 21) to register a 26.5% decline…

A total of 2,587 rubble stone mines have been registered in Iran to date, constituting around 25% of the country’s total mines, data provided by the Ministry of Industries, Mining and Trade show…

Sarakhs Transit Bridge on the border of Iran-Turkmenistan has opened temporarily for vehicular movement for three days as of Monday. 

A total of 1,476 hectares of greenhouses were built and expanded across Iran in the first five months of the current Iranian year (March 20-Aug. 21), according to the deputy agriculture minister…

Zarshouran Gold Mine produced a total of 367 kilograms of gold ingots in the first five months of the current Iranian year (March 20-Aug. 21), registering a 23% rise compared with the same…

Iran’s free trade zones exported a total of $941 million worth of commodities in the last fiscal year (March 2019-20), which shows a 490% growth compared with 2013 when President Hassan Rouhani…

The Purchasing Managers' Index for the housing sector in the fifth month of the current fiscal year (July 22-Aug. 21) settled at 52.94 from 52.78 in the preceding month (June 21-July 21).…

A total of 750,000 tons of apples were exported from Iran in the last Iranian year (March 2019-20), more than 504,000 tons (67.2%) of which were produced in West Azarbaijan Province.

A total of $200 million in foreign investment were made in Maku Free Trade Zone’s production units since 2013 when President Hassan Rouhani first took office. According to Ebrahim Jalili, the…

Iran’s commercial transactions with the US stood at $26.1 million from January to July 2020 to register a 51.1% decline compared with the corresponding period of 2019. Latest data released by…

The average goods and services Consumer Price Index of health and treatment in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, grew by 23.6% compared with…