Domestic Economy

An official session of talks was held in Tehran last week between the Sultanate of Oman and Iran, covering areas of transport and logistics. The Omani side was chaired by Minister of Transport…

Iran exported 801,130 tons of agricultural and food products worth $438.6 million in the first month of the current Iranian year (March 21-April 20), new data released by the Agriculture…

The Statistical Center of Iran has published a new report on the number of construction permits issued in Tehran and throughout the country during the third quarter of the previous financial…

A total of 186,205 tons of poultry meat were produced in Iran’s official slaughterhouses during the first month of the current Iranian year (March 21-April 20), registering a 10% decrease…

Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 97.33 million tons worth $59.73 billion in the fiscal 2022-23 (ended March 20),…

The first block for a new class of Russian domestic containership that is also capable of carrying dry bulk cargo was laid down at the Lotos Shipyard, part of the state-owned United Shipbuilding…

A total of 12.31 tons of saffron worth $13.36 million were exported from Iran to 29 countries during the first month of the current fiscal year (March 21-April 20), registering a 54% and 41%…

The Purchasing Managers' Index for local industries settled at 35.63 in the current Iranian year’s first month (March 21-April 20), up from 59.51 in the preceding month (Feb. 20-March 20), the…

In a first visit by an Iranian president to Syria in 13 years, Ebrahim Raisi led a high-ranking delegation to the war-ravaged Arab country last week and returned with a bagful of cooperation…

Direct flights between Tehran and Saint Petersburg are scheduled to be operated from June 1 by Nordwind Airlines. According to Nordwind’s announcement in its Telegram account, these flights are…

The Eurasian Economic Commission has finalized its substantive discussion of all points of a free trade zone agreement with Iran, and this document may be signed as soon as this year, Eurasian…

Heavyweight Iranian producers of minerals and mining industry products exported 4.68 million tons worth $951 million in the first month of the current Iranian year (March 21-April 20), to…

Omani Minister of Transport, Communications and Information Technology Said Hamoud al Maawali met with Governor-General of Hormozgan Province Mehdi Dousti on Wednesday. This came during the…

Exports from Iran’s southwestern Khuzestan Province to Iraq stood at 384,000 tons worth $48.4 million in the first month of the current fiscal month (March 21-April 20), registering a 16% and 38…

Iranian Minister of Economic Affairs and Finance Ehsan Khandouzi arrived in the Saudi port city of Jeddah at the head of a delegation on Thursday. The minister is the first Islamic Republic…

Iran traded 58.25 million tons of goods (excluding crude oil exports) worth $35.11 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi…

Indicators testify to a critical, unprecedented situation in the housing sector. 

A single digit inflation prevails in most countries, but Iran is perhaps the only state that has experienced double-digit inflation for more than five decades. 

The Purchasing Managers’ Index for the construction sector settled at 33.95 in the first month of the current Iranian year (March 21-April 20), down from 55.43 in the 12th month of the last…

Media outlets began to report on economic and financial corruption in the years following the Islamic Revolution in the late 1980s and early 1990s.  

The Fifth Iran Non-Ferrous Metals Industries Market & Related Technologies Conference & Expo opened at Tehran’s Olympic Hotel on May 10. The two-day event, hosted by Donya-e-Eqtesad…

The Afghanistan Railway Authority says a trial run saw a freight train arrive in Herat Province on Monday via the Khaf-Herat railroad. Herat railroad officials say the freight train weighs more…

A total of 631,000 tons of semi-finished steel products were exported from Iran in the first month of the current fiscal year (March 21-April 20) to register a 1% year-on-year decrease, latest…

The Indian government on Monday imposed a ban on the import of apples that cost up to Rs50 a kg, which move may hit shipments of the fruit from Iran, the UAE and Afghanistan.

Capital Gains Tax, which had been debated for a long time, has been finally approved by the parliament.