Domestic Economy

Iranian steel mills sold over 254.35 trillion rials ($1.58 billion) worth of steel products during the last fiscal year that ended on March 19, 2020. According to Reza Shahrestani, a member of…

Workers and government employees have returned to workplaces, despite hot debates among economic analysts about the impact of new coronavirus pandemic.

Restaurants may have takeaway services despite the novel coronavirus, says the head of Restaurant Owners Association.

A total of 46 million tons of goods worth $31.5 billion were exported from Hormozgan Province’s Customs Department in the last Iranian year (March 2019-20) to register a 1% and 91% rise in…

Tax revenues increased by 31% in the last fiscal year (March 2019-20) compared with the year before to reach 1,430 trillion rials ($8.93 billion), the head of the Iranian National Tax…

Mehran border crossing will remain closed until April 19, as per a new decision made by Iraq’s Ministry of Health and Environment. According to spokesperson of the Islamic Republic of Iran…

International and national exhibitions will remain canceled tentatively until June 9, the CEO of Iran International Exhibitions Company said. “This does not mean the canceled exhibitions will…

More than $1.4 billion worth of vegetables were exported from Iran during the last fiscal year (ended March 19, 2020), according to the director general of Agriculture Ministry’s Fodder and…

About 750,000 television sets were produced in Iran last year (ended March 19, 2020), the secretary of the Association of Audiovisual Device Producers said. Mohammad Reza Shahidi added that the…

The Ministry of Industries, Mining and Trade launched five steel projects with a total investment of 21.39 trillion rials ($133 million) during the 11 months to Feb. 19. Two of the projects…

The Iranian Mines and Mining Industries Development and Renovation Organization has been tasked with exploring 652,061 square kilometers for discovering minerals in 30 Iranian provinces, says…

South Khorasan Province filed the lowest unemployment rate of 6% among all Iranian provinces in the fourth quarter of last Iranian year (Dec. 22, 2019-March 19) while Kurdestan Province…

Passenger and freight rail transport could suffer losses estimated at 5,050 billion rials ($31.5 million) and 1,000 billion rials ($6.2 million) by June 20 due to the spread of coronavirus, the…

A total of 833,000 tons of essential goods were transported from five Iranian ports to the mainland from March 15 to April 4 by 35,000 trucks, the deputy head of Iran Road Maintenance and…

West Azarbaijan Province has a mineral processing capacity of 9.15 million tons per year, as 117 processing units are operating in the northwestern Iranian province.

Around 8.5 tons of gold were extracted from Iranian mines during the last fiscal year that ended on March 19, 2020, according to the head of Iran's Mine House. Mohammad Reza Bahraman added that…

More than 80% of public and private sector employees and 68% of the self-employed and employers approve of the shutdown of businesses to fight the outbreak of coronavirus. This was the outcome…

The Islamic Republic of Iran Customs Administration unveiled its smart customs system on April 7, with senior governmental officials, including First Vice President Es’haq Jahangiri, Economy…

The Iranian Mines and Mining Industries Development and Renovation Organization has released a new report on the sales of 72 major Tehran Stock Exchange-listed mining and mineral companies.

Sari Su border crossing connecting Iran’s West Azarbaijan Province to Turkey will be used as a new route for trade between the two countries as of Friday, after Bazargan border crossing, in the…

Minimum wage will rise by 21% in the new Iranian year that started on March 20, as per the decision made in the last session of Supreme Labor Council on April 8.  

Iran has resumed exports, in a limited quantity, to Armenia via Nordouz border crossing since last week.  According to Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran…

Iran’s economy will face eight main challenges in the new Iranian year that started on March 20, according to the Ministry of Economic Affairs and Finance.

The government has set guaranteed prices for tea purchases at 46,000 rials ($0.28) for top-quality tea leaves and 33,000 rials ($0.20) for other varieties of leaves for this year’s harvest,…