The World Bank expects Iran’s economic growth to decelerate, amid intensifying sanctions and decline in oil prices.
Domestic Economy
Thailand’s Transport Ministry is seeking cooperation with Iran on cargo transportation via a "land bridge" project in the southern region once it is completed. Chayathan Phromsorn,…
A border market has been opened along the Iran-Pakistan border at Gabd, a town adjacent to Gwadar. The purpose of establishing the market is to facilitate imports and exports between Pakistan…
Rail passengers in Norouz (Iranian New Year) holidays (13 days starting from March 21) registered the highest growth among all modes of transportation compared with the previous year, according…
Different dimensions of tension in Iran’s foreign policy have been discussed a lot over the past few decades. With the passage of time, the negative effects of these tensions on our economy and…
What is necessity of the rapid construction and completion of the Rasht-Astara railroad project? Why do Iran and Russia have to cooperate with each other in this project? These are…
Trade between Iran and the Economic Cooperation Organization’s member states reached 26.8 million tons worth $18.08 billion during the last Iranian year’s first 11 months (March 21, 2022-Feb.
The production capacity of domestic sweets and chocolate factories declined to 800,000 tons in the last Iranian year that ended on March 20 from 2.6 million tons in the previous year, says the…
Foreign trade in Iran’s economy requires a strategy to free itself of the cycle of mundane decisions. Economics teaches us the principle this strategy should be based on, which is…
The country is facing a budget deficit hovering between 2,500 trillion rials ($4.9 billion) and 4,000 trillion rials ($7.88 billion) in the new fiscal year (started March 21), a member of Majlis…
A total of 550,000 tons of apples worth $170 million were exported from Iran during the first 11 months of the fiscal 2022-23 (March 21, 2022-Feb. 19), according to Daryoush Salempour, an…
A move to restore direct flights between Saudi Arabia and Iran could potentially expand their airlines' networks, stimulate tourism, enable trade flows and support the kingdom's aviation…
Domestic air passenger traffic registered a year-on-year rise of 16% during the last Iranian year’s first 11 months (March 21, 2022-Feb. 19), as 29.38 million passengers were flown internally by…
Reducing the reliance of Iran’s economy on oil revenues and increasing the share of non-oil sector in economic growth have been one of the most frequently discussed subjects among experts.…
A transport hub for grain exported from Russia is planned to be established in Iran, said Leonid Slutsky, chairman of the RF State Duma Committee for international affairs, in a meeting with…
A total of $3.69 billion worth of goods were traded through Khosravi Border Terminal, located in the western Kermanshah Province, in the last Iranian year (ended March 20), registering a 30%…
A total of $80 million worth of apparel were exported from Iran in the last Iranian year (ended March 20, 2022). Neighboring countries, particularly Iraq and Afghanistan, in addition to…
The total length of Iran’s railroad network stood at 15,037 kilometers by the end of last Iranian year (ended March 20, 2023), the Ministry of Roads and Urban Development reported. The report…
Iranian steel mills registered a 21.1% rise in crude steel production with an output of 5.1 million tons during the first two months of 2023, latest data released by the World Steel Association…
Iran and the European Union’s 27 member states traded €401.17 million worth of goods in January 2023, registering a 5.31% rise compared with the same month of the year before.
As if suffering from one of the rarest skin disorders ever known, epidermolysis bullosa (EB), is not already painful enough to make life a living hell for seven-year-old Mohammad Rezaei, the…
A total of 2.64 million of non-oil goods worth $1.43 billion were exported from East Azarbaijan Province to over 100 countries during the first 11 months of last Iranian year (March 21,…
Iran traded 53.46 million tons of goods (excluding crude oil exports) worth $31.75 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi…
Iran has become the world’s eighth biggest producer of cement in 2022 with 62 million tons of output, according to a new report released by the United States Geological Survey. China was the…
Despite both countries' best efforts, including high-profile visits and energy agreements, 2022 brought only moderate growth in trade between Moscow and Tehran.