The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold four business courses in July. The first…
Domestic Economy
A total of 13 million tons of crude steel were produced in Iran during the first five months of 2023, registering a 2.2% year-on-year rise, the latest data released by the World Steel…
Some Iranian complain that their expenses are being calculated in dollar, whereas their income is in Iranian rials. To address this issue, we first need to ask whether we are paying our water…
Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a…
One of the biggest challenges of small- and medium-sized companies in Iran is financing.
Tehran will host the Eurasia Expo 2023 on Dec. 4-7 as Iran is in the final stages of securing a free trade deal with the Eurasian Economic Union. This is the second edition of the exhibition,…
The average annualized inflation in the third month of the current Iranian year (May 22-June 21) stood at 48.5%, down from 49.1% in the previous month, the Statistical Center of Iran said in a…
During his recent visit to Washington to meet the officials of the International Monetary Fund, the Central Bank of Iran’s Governor Mohammad Reza Farzin spoke of a plan to reduce inflation to 30…
Iran’s economy was struggling with a number of super challenges when the government of President Ebrahim Raisi came to office.
Iran’s trade with Qatar decreased by 14% in terms of weight, but increased by 46% in terms of value in the fiscal 2022-23 (ended March 20) compared with the previous year, statistics released by…
The Iranian Steel Producers Association has released new data about apparent steel use. ASU is defined as production plus imports minus exports, sometimes also adjusted for changes in…
Flights between the city of Abadan in the southwestern Iranian province of Khuzestan and Kuwait have been relaunched by Iran Air after a one-year hiatus. According to Hesam Qorban-Ali,…
The capital market is dominated by stock exchanges and its main function is the financing of economic enterprises, especially large companies.
Iranian steelmakers have registered a significant rise in exports during the first two months of the current fiscal year (March 21-May 21).
As a result of problems grappling the entire Iranian economy, Iran's industrial sector is struggling with an array of difficulties as well as some unique challenges of its own.
Iran and Burkina Faso have called for enhancing bilateral trade relations. This was underlined during a meeting of the acting head of Iran's Trade Promotion Organization, Mehdi Zeyghami, with…
Iran’s commercial exchanges with its leading trade partner, China, reached $6.5 billion during the first five months of 2023, registering a 0.7% rise compared with the corresponding period of…
Iran’s economy grew by 4% in the last fiscal year that ended on March 20, 2023, the Central Bank of Iran said in a new report. The growth rate was down by 0.4% compared to the previous year…
Uzbekistan’s Transport Minister Ilkhom Mahkamov met with the Iran’s Roads and Urban Development Minister Mehrdad Bazrpash on June 18. At the meeting, the parties discussed the strengthening of…
Iranian steelmakers produced a total of 6.31 million tons of semi-finished products during the first two months of the current fiscal year (March 21-May 21), 7.4% more than in the previous year’…
A total of 98.4 million tons of oil and non-oil products were loaded and unloaded at the ports of the southern Hormozgan Province in the last fiscal year (ended March 20), registering an 8% rise…
Russia expects that an agreement for establishing a free trade zone between Iran and the Eurasian Economic Union will be signed before the end of the year, Russia’s Deputy Prime Minister Alexey…
Hossein Selahvarzi has been elected the new head of Iran Chamber of Commerce, Industries, Mines and Agriculture. He will be at the helm of the chamber for the next four years, replacing…
SalamAir has announced biweekly direct flights from Sohar Airport to Shiraz Airport in Iran starting from July 5, 2023. Oman's SalamAir, the fastest growing airline in the Sultanate, has…
The news of the closure and reopening of Darugar, a vintage company in hygienic and cosmetic industry, once again brought prestigious Iranian brands and their sad fate into stark relief. …