In recent years, Iraq has become one of the leading destinations for Chinese investments in the Middle East and a crucial link in Beijing's Belt and Road Initiative.
Domestic Economy
The Purchasing Managers' Index for Iran’s overall economy stood at an all-time high of 56.79 in the 12th month of last Iranian year (Jan. 21-Feb. 19), new data released by the Statistics…
A total of 571,146 tons of goods were transported between Iran and Azerbaijan through the Astara Railroad Terminal in the fiscal 2022-23 in terms of export, import and transit, registering a 60…
The prices of essential Contemplates goods increased sharply when the subsidized import policy was repealed in May 2022. As a result, high rates of monthly and year-on-year inflation were…
Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 9.7% in the fourth quarter of the previous Iranian year (Dec. 22, 2022-March 20), indicating a 0…
For the past several years, on the first day of each month, the Statistical Center of Iran has published the inflation report for the previous month. But this month, the report for the last…
Iran’s Minister of Roads and Urban Development Mehrdad Bazrpash and Igor Levitin, a special aide to the Russian president, discussed multimodal transportation and maritime freight transit via…
Afghanistan’s Deputy Finance Minister Mawlavi Ahmadullah Zahed met on Tuesday with Gholamreza Najjari, Iran’s deputy ambassador in Kabul, the ministry of finance said.
The Iranian minister of economic affairs and finance on Tuesday said Tehran aims to raise annual trade with Riyadh to $1 billion in the first step of resuming economic ties. Speaking at a press…
Several Iranian poultry farmers and guild unions voiced fears that by allowing poultry imports from Russia, the government risks undermining local operations.
Iran and Iraq have agreed to start the construction of the long-planned 32-km railroad from Shalamcheh in Iran to Basra in Iraq after the end of Ramadan on April 20, according to Iran’s deputy…
Russia's largest air carrier Aeroflot, whose aircraft maintenance capabilities are crippled by Western sanctions, has sent one of its Airbus planes to Iran for repair, the company said on…
Subsidiaries of the Iranian Mines and Mining Industries Development and Renovation Organization produced 580,111 tons of aluminum ingots during last Iranian year’s first 11 months (March 21,…
Tea exports from Iran stood at 33,600 tons worth $41.2 million during the first 11 months of last Iranian year (March 21, 2022-Feb. 19), according to latest statistics released by the Islamic…
The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold three business courses in April.
Sarakhs border terminal registered the highest volume of cargo transit via railroad during the first 11 months of last Iranian year (March 21, 2022-Feb. 19). A total of 737,000 tons of…
Iran imported $9.5 million worth of goods from the US during the first two months of 2023, up 37.68% compared with $6.9 million in the same period of 2022, the latest data released by the US…
First discovered in 1908 by British companies at Masjed Soleyman, oil gradually assumed a key role in Iran’s economy and public livelihood.
Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 89.02 million tons worth $54.32 billion during the first 11 months of last…
Iran’s exported 2,068 tons of pistachio worth €23 million to Spain in 2022, registering a 58.03% rise in terms of value compared with €8.45 million in 2021, according to data released by the…
Non-oil exports from Golestan Province stood at 381,566 tons worth $335.4 million in the last Iranian year, registering a 7% fall in terms of weight, but a 26% rise in value compared with the…
A total of 54.4 million tons of goods were loaded and unloaded at Bushehr Province’s ports in the last Iranian year (ended March 20, 2023), registering an 18.1% rise compared with the similar…
Inflation and production took the center-stage of economic analyses immediately after Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei named the new Iranian year (started March 21…
Russia and Iran are looking to ease sanctions pressure by forging a new economic corridor that boosts bilateral trade and connects them with fast-growing India, but the project’s effectiveness…
Iranian steelmakers’ production registered growth during the first 11 months of last Iranian year (March 21, 2022-Feb. 19) compared with the corresponding period of the year before, latest data…
