Domestic Economy
July 21, 2023 19:47
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June 09,2023President Ebrahim Raisi inaugurated a railroad in northwest Iran on Friday. The 44-kilometer Bostanabad-Tabriz route saw a maiden train leave from the new Khavaran station in East Azarbaijan... -
June 09,2023Every once in a while, talks about a motion or a bill to increase the Central Bank of Iran’s authority circulate in the media. This means that the ruling establishment is aware of the need for a...
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June 09,2023The Purchasing Managers' Index for Iran’s economy emerged from the Norouz (Iranian New Year) contraction in the second month of the fiscal year (April 21-May 21), new data released by the...
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June 09,2023An Iraqi official confirmed on Tuesday that the Iraqi border forces have embarked on a security plan to close illegal smuggling routes in eastern Diyala Governorate near the borders with Iran.
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June 07,2023A total of 4.63 million tons of iron ore concentrate were produced by major Iranian mining companies during the first month of the current fiscal year (March 21-April 20), registering a 5% increase...
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June 07,2023The total employment rate reached 37.2% (23.71 million) in the fiscal 2022-23 (ended March 20), unchanged compared with the year before, according to the Statistical Center of Iran.
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June 07,2023The World Bank expects Iran’s economy to grow by 2.2% in 2023. The newly-released June edition of Global Economic Prospects report has put last year’s growth rate at 2.9%. “Growth is expected to...
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June 07,2023The inflation rate broke all previous records and reached the highest rate with the point-to-point rate now at the highest level in the last 79 years. This implies that a wide range of problems,...
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June 07,2023“Leisure and Culture”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 39.2% in the second month of the current Iranian...
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June 07,2023A 45-member business delegation from Jilin, a northeastern Chinese province, is scheduled to visit Tehran on Wednesday.
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June 07,2023These days, the foreign exchange market is gripped by fluctuations in the US dollar price. In general, two categories of factors affect its price: international issues and inflationary expectations...
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June 06,2023One year past the Iranian government’s so-called “economic surgery” [abolition of subsidized imports], with an inflation hovering around 50%, the Iranian government and parliament are mulling over...
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June 06,2023The Purchasing Managers’ Index for the construction sector settled at 52.22 in the second month of the current Iranian year (April 21-May 21), up from 33.95 in the first month of the year (March 21...
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June 06,2023Four technical employees of the Afghanistan Railway Authority have arrived in Iran to receive training. “Four technical employees have been dispatched to Tehran for receiving professional and...
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June 06,2023University graduates accounted for 40% of the unemployed in the last Iranian year (March 2022-23), according to the Statistical Center of Iran.
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June 06,2023New direct flights between Kuwait and Shiraz have been launched by Air Algerie airlines, according to Fakhreddin Keshavarz, director general of Fars Province’s Airports.
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June 06,2023The 20th International Exhibition on Kitchen, Bath, Sauna and Pool Industries and Equipment, also known as K&B–S&P, opened on June 6 at Tehran’s International Fairground.
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June 06,2023Based on currency models available in economic studies and global experiences, the exchange rate can be considered one of the key economic variables, especially in Iran, whose fluctuations are more...
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June 06,2023“Home Appliances, Furniture and Maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 37.5% in the second month...
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June 05,2023Pakistan has passed a special order to allow barter trade with Iran, Russia and Afghanistan for certain goods, including petroleum and natural gas, the country’s Commerce Ministry said on Friday.
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June 05,2023Iran and Oman traded 2.33 million tons of minerals and mining products worth $796 million in the fiscal 2022-23 (ended March 20), data released by the Iranian Mines and Mining Industries...
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June 05,2023Despite their current estrangement from the West, Iran and Afghanistan have test run a roundabout rail link that aims to connect with the railroad networks of China and India. “As market access...
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June 05,2023New inflation figures have confused Iranian households. According to the Central Bank of Iran, the Consumer Price Index increased by almost 70% [68.7%] in the month ending April 20 [compared to...
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June 05,2023Armenia will build a new checkpoint at the Iran border.
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June 05,2023Article 31 of the Iranian Constitution has entrusted a very important task to the government and statesmen, laying the groundwork for meeting the housing needs of all citizens. Even if the law had...
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