Domestic Economy

The Ministry of Industries, Mining and Trade has imposed duties on onion export, effective from March 5 to April 19, announced Saeed Abbaspour, said director general of Exports and Imports…

A total of 128.13 million tons of commodities were loaded and unloaded at Iran’s 21 commercial ports during the first 11 months of the current Iranian year (March 21, 2019-Feb. 19) to register a…

Iran Chamber of Cooperatives has measured the purchasing managers’ index (PMI) for the country’s real-estate and construction sectors, under the Farsi acronym “Shamekh”, for the 11th month of…

A total of 112,000 tons of honey have been produced in Iran since the beginning of the current Iranian year (March 21, 2019), up 24.44% from last year’s 90,000 tons, according to director of the…

The government earned 1,340 trillion rials ($8.7 billion) in tax revenues since the beginning of the current fiscal year (March 21, 2019) to Feb. 29.  The current budget law has projected…

The steel export trade from Iran has been hurt by neighboring countries closing their borders due to the appearance of coronavirus infection in the Middle Eastern country, Fastmarkets learnt on…

Fourteen hospitals with a total of 2,527 beds have been constructed in Iran in the past two years, says Deputy Minister of Roads and Urban Development Mohammad Jafar Alizadeh.

Iran was ranked the seventh biggest producer of cement in the world in 2019, with an output of 60 million tons.

The private sector can purchase wheat from local farmers at prices negotiated between the two sides, the Ministry of Industries, Mining and Trade announced at the request of Agriculture Ministry…

The Iranian Mines and Mining Industries Development and Renovation Organization has paid its debts, accumulated from 2010-11 to 2018-19 fiscal years, to the government in the current Iranian…

More than six million hoarded masks have so far been confiscated since the outbreak of the new coronavirus in Iran, according to the head of Iran Consumer and Producer Protection Organization…

A total of 29,370 trillion rials ($197 million) worth of contraband were confiscated by the Islamic Republic of Iran Customs Administration during the first 11 months of the current Iranian year…

Government officials have put forth a range of measures to lessen the detrimental impact of the new coronavirus outbreak on economic entities. The Iranian National Tax Administration is…

The Ministry of Industries, Mining and Trade is planning to either ban or set heavy tariffs on iron ore exports in the next Iranian year (starting March 20), says Deputy Minister Dariush…

East Azarbaijan exported $310 million worth of agricultural products during the first 10 months of the current Iranian year (March 21, 2019-Jan. 20). According to Akbar Fathi, the head of East…

A total of 2 trillion rials ($13 million) have been allocated to reward the efforts of hospital personnel, including physicians, nurses and paramedics, in battling the new coronavirus outbreak…

A total of 1.71 million tons of non-oil goods worth $1.91 billion were imported into Iran from Feb. 18, when the first case of the new coronavirus, also known as Covid-19, was officially…

The export of alcohol has been banned to ensure there will be no shortage in the domestic market amid the outbreak of the new coronavirus.

The recent outbreak of coronavirus (COVID-19) has taken a heavy toll on a wide range of Iranian businesses. From restaurants, catering services and cafés to travel agencies, airlines and…

More than 42.78 million tons of goods worth $29 billion were exported from Hormozgan Province during the first 11 months of the current Iranian year (March 21, 2019 to Feb. 20) to register a 5%…

In recent years, ample production and services capacities have been built up across the country due to investment attraction policies applied in the different fields of industries, mining and…

Two more Iranian provinces, namely Sistan-Baluchestan and Khuzestan, have been swarmed by desert locusts over the past few days, according to the spokesman of Plant Protection Organization of…

Public transportation fares for metro, bus, taxi and minibus will see a 25% rise in the next Iranian year (starting March 20), as per the approval of Tehran City Council on Tuesday.

As per an executive order by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, next year’s budget bill (March 2020-21) has been sent straight to the Guardians Council—the body in…

Iran’s trade with neighboring countries has been affected by the recent coronavirus outbreak.