Air pollution costs Iran about $20 billion annually, which can be used to purchase 20,000 subway cars or establish 140 power plants, 60 stadiums with a 50,000-seat capacity and 900 60-hectare…
Domestic Economy
Iran’s agriculture sector generates an average value added of 250% from raw products, said the managing director of the Central Organization of Rural Cooperatives of Iran.
Iran holds 3 billion tons of decorative stone reserves, says an executive of Iran Stones Association.
Some 16 million tons of decorative stones are extracted in Iran every year, which is…
Around $519 million worth of foreign investments have been made in Alborz Province since the beginning of President Hassan Rouhani’s tenure in August 2013, an official with the provincial…
Iranian private steelmakers exported 2.56 million tons of crude steel during the nine months ending December 20, recording a 118% upsurge compared with last year’s corresponding period. The…
In the second quarter of the current Iranian year 1395 (June 21-September 21, 2016), Iran’s crude oil production continued its upward trend of the past two years and in 7/1395 (10/2016).
…
An Airbus A321 is due to land in Tehran’s Mehrabad International Airport today at 2:30 p.m. local time, which marks the first delivery from the 100 jetliners state carrier Iran Air ordered from…
Ayatollah Akbar Hashemi Rafsanjani’s economic beliefs were based on national development and prosperity, rather than liberalization and free-market economy, said the minister of roads and urban…
Close to 33,000 tons of agricultural products cultivated in greenhouses have been exported from the south of Kerman Province since the beginning of the current crop year (Sept. 22), said the head…
More than 500,000 tons of copper were transported via railroads of southern Hormozgan Province since the beginning of the current Iranian year (March 20, 2016), which shows a twofold increase…
Railroads of central Yazd Province account for 30% of Iran’s rail freight transport, the minister of roads and urban development said. Abbas Akhoundi added that the government is planning to…
Khorasan Razavi attracted $261 million worth of foreign investments in the past month, said the director general of the northeastern Iranian province’s Economic Affairs and Finance Organization. “…
More than 57.8 million tons of oil and non-oil products were loaded and unloaded at Shahid Rajaei Port, Iran’s largest port located in the southern Hormozgan Province, during the nine months to…
Some 20,000 industrial units have emerged from recession since the beginning of the current Iranian year (March 20, 2016), the deputy minister of industries, mining and trade said.
The Iranian Parliament approved on Monday macroeconomic targets set in the sixth five-year development plan (2016-21).
Out of the 210 parliamentarians present in the session, 148 MPs voted…
Iran Air has taken the delivery of an Airbus A321, which will be the first jetliner to be delivered to Iran from among 100 planes the French planemaker has agreed to supply after the lifting of…
Iran approved the attraction of $11.8 billion in foreign direct investment during the 12 months to December 21.
Of this sum, $11.33 billion pertain to greenfield and $496 million to…
A notice of discontinuance of cash subsidies will be sent to three million Iranians by text message, says Minister of Cooperatives, Labor and Social Welfare Ali Rabiei.
He added that they…
Iran exports about 7,000 tons of flowers, ornamental plants and herbal medicines annually, supplying close to 1% of the global markets, the deputy agriculture minister for horticultural affairs…
More than 32 billion cigarettes were produced domestically during the nine months to December 20, 56% more compared with last year’s corresponding period, the chairman of the Center for Tobacco…
Some 72,000 traditional bread bakeries are operating in Iran, meeting 95% of domestic demand for bread, the head of Tehran Bakers Union said.
“About 80% of the flour used in these…
On the basis of statistics released by domestic sources and international organizations, Iran’s economy has performed well during the first half of the current Iranian year (1395), spanning from…
About 3.4 trillion rials ($85 million at market exchange rate) have been invested in the ports of Jask, Tiab and Sirik in southern Hormozgan Province as part of the wider project to develop Makran…
Some 300 billion rials ($7.5 million at market exchange rate) worth of contraband, including mini-computers, professional cameras and powerful servers, have been confiscated in Tehran.
…
More than $900 million worth of goods were exported from Kerman Province during the nine months to December 20, registering a 13% increase compared with last year’s corresponding period, according…
