Domestic Economy

Iran exported 6.26 million tons of agricultural and food products worth $4.03 billion during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), new data released by the…

Why do producers, traders and other economic players complain about lack of resources, despite a 35% growth in money supply? Why are banks struggling with the provision of credit? Abdolnasser…

Despite international sanctions that prevent Iranian airlines from purchasing new aircraft, Iran has launched a new private airline.  A ceremony was held on Friday to inaugurate Yazd Air,…

Iran’s trade with BRICS member states, namely Brazil, Russia, India, China and South Africa, reached 39.2 million tons worth $31.8 billion during the first 10 months of the current Iranian year…

A total of 704,000 tons of finished steel were imported to Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 19% year-on-year rise, according to…

The housing sector has registered a sharp inflation recently, which [prospective home buyers need to tackle either through their own financial resources or banks. 

The three Iranian provinces of Qazvin, West Azarbaijan and South Khorasan had the best business environment in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2022), latest data…

Trade between Iran and African countries reached 2.33 million tons worth $1.18 billion in the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 14.82% and a 22.…

Billet and bloom had the lion’s share of semi-finished steel products exported from Iran during the first 10 months of the current fiscal year (March 21, 2022-Jan. 20) with an aggregate of 4.36…

A total of 39.14 million tons of minerals and mining industry products worth $9.96 billion were exported from Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan.

The highest annualized inflation in Tehran among construction materials in the third quarter of the current Iranian year (Sept. 22-Dec. 21, 2022) was registered for glass with 76.6%. The lowest…

The average Producer Price Index for the mining sector in the four-quarter period ending Dec. 21, 2022, which marks the end of the third quarter of the current fiscal year, increased by 25.1%…

Iran’s exports, excluding crude oil, from Shalamcheh and Chazzabeh border markets, located in Khuzestan Province, increased significantly during the first 10 months of the current Iranian year (…

The 14th Solo Exhibition of Iran was held in Ashgabat, Turkmenistan, from Feb. 15 to 17.

The conflict in Ukraine, extensive western sanctions against Russia, restrictions on Russian transit to Eastern Europe, the continuation of unilateral US sanctions against Iran and the…

China has remained Iran's largest trading partner for 10 consecutive years as of 2022, according to the Chinese Ministry of Commerce. “China-Iran trade totaled $15.8 billion in 2022, up 7% year…

How much more is the local currency going to lose its value? This is a question weighing on Iranians’ minds these days. There is a crying need to know the response, we are approaching the end of…

Rebar accounted for the biggest share of finished steel products exported from Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20) with 2.06 million tons.…

Western tourists, who flocked to Iran just a few years ago, are being advised by their governments to stay away, forcing the Islamic Republic's struggling tourism industry to look elsewhere.…

United Nations experts said on Tuesday that thalassemia patients in Iran were being penalized by overcompliance with United States sanctions against the country, which have reduced their access…

Iran’s trade with the US stood at $56.7 million in 2022, registering a 40% rise compared with the previous year. Latest data released by the US Census Bureau show Iran exported $11.2 million…

The general price index of construction materials for residential properties in Tehran, using 2011 as the base year, grew by 34.7% during the four-quarter period ending Dec. 21, 2022, which…

The Producer Price Index for the industrial sector in the four-quarter period ending Dec. 21, which marks the end of the third quarter of the current Iranian year, grew by 34.4% compared with…

Red meat production in Iran's official slaughterhouses stood at 41,026 tons during the 10th month of the current Iranian year (Dec. 21, 2022-Jan. 20) to register an 18% decrease compared to the…

The issue of wage increase preoccupies the mind of workers and employers at the end of each Iranian year [late March]; it has particularly become a pressing concern in recent years, thanks to…