Domestic Economy

More than 25.17 million tons of cement were produced in Iran during the first five months of the current Iranian year (March 21-Aug. 22), which shows a 4.8% increase compared with the similar…

Rice production has exceeded 2.6 million tons this year, showing a rise of 13-18% compared with last year’s output, according to the secretary of Iran Rice Association. “Annual domestic demand…

China has taken fewer shipments of iron ore from Iran over August and September, according to Refinitiv Eikon data, as additional export tariffs due to be imposed by Tehran have dampened risk…

Esfahan Steel Company (ESCO) has handed over the first batch of domestically produced 60E1 (UIC60) rails to the Construction and Development of Transportation Infrastructure Company.

Forty percent of Iran’s economy are exempted from paying taxes, the director of Iranian National Tax Administration said. “Tax revenues account for up to 85% of the governments’ current…

Kermanshah saw the biggest increase in median urban household expenditure with 39.7% and Mazandaran saw the smallest increase with 6% in the last fiscal year (March 2018-19) among Iran's 31…

Thousands of Iranian pilgrims are getting ready to travel to Iraq in the coming weeks for the Arbaeen commemorations—one of the largest annual gatherings of Muslims in the world, which falls on…

A solid increase in agricultural production has been the main driver of economic growth registered in the first quarter of the current Iranian year (started March 21). Central Bank of Iran's…

Trade between Iran and European Union member states during the first seven months of 2019 stood at €3.01 billion to show a 75.89% plunge compared with last year’s corresponding period, latest…

Iran’s northern Amirabad Port has loaded and unloaded more than 1.95 million tons of commodities since the beginning of the current Iranian year on March 21, 2019, registering close to 25%…

Two hundred thousand high-income households have been removed from the list of cash subsidy receivers, the spokesman of the headquarters associated with the implementation of Clause 14 of the…

A total of 475.14 billion rials ($4.16 million) in environmental spending was made in 5,353 active mines during the fiscal 2017-18, the Statistical Center of Iran's latest report shows.

The Cabinet has decided to allocate €300 million needed to complete the railroad project connecting the southeastern port city of Chabahar to the eastern city of Zahedan near the border with…

Growth has returned to Iran's non-oil sector, says Central Bank of Iran's Governor Abdolnasser Hammati.

The 19th International Exhibition of Home Appliances is scheduled to be held at Tehran’s International Fairgrounds on Nov. 19 and will run for four days.

The meeting of Belarusian-Iranian commission for economic cooperation will be held in Minsk on Oct. 10-11, BelTA learned from the Belarusian Embassy in Tehran. 

Copper production stood at 84,733 tons in the Iranian month ending Aug. 22, going up 13% year-on-year. 

Major Iranian lead and zinc producers extracted a total of 417,778 tons of ores during the first five months of the current Iranian year (March 21-Aug. 22), which indicates a 29% decline in…

Iran was the world's seventh biggest exporter of textile floorings in 2017, says director general of the Ministry of Industries, Mining and Trade's Textile and Clothing Department, Afsaneh…

More than 400,000 tons of colza have been produced in Iran during the current Iranian year (started March 21), showing a 20% increase compared with the similar period of last year, the director…

The Iranian National Tax Administration has called on 50 guilds, including lawyers, legal and family consultants, real estate agencies, restaurants and coffee shops, hotels, confectionery stores…

Minister of Economic Affairs and Finance Farhad Dejpasand has appointed Alireza Saleh as the chairman of Iranian Privatization Organization. Saleh has a PhD in economics from the University of…

A glance at unused capacities of Iranian airports reveals that the share of air transportation can reach 40-45 million passengers per year with the renewal of the country's short-, medium- and…

The population of new towns grew by 80,000 in the last Iranian year (ended March 20, 2019).  According to new data released by New Towns Development Company, the population of the new town…

Iran's major steelmakers produced a total of 5.83 million tons of finished steel products, including hot- and cold-rolled coils, rebar, beams, pipes and wide, galvanized sheets during the first…