Domestic Economy

A network of saboteurs is behind the distribution of cakes containing pills and empty capsules in the southern provinces of Sistan-Baluchestan and Hormozgan, says Health Minister Saeed Namaki,…

A credit line of $1.94 billion has been reopened by China to finance Iran’s Tehran-Qom-Isfahan high-speed railroad project, according to the governor general of Isfahan Province. Abbas Rezaei…

Forty-eight companies have signaled their readiness to make investments in Chabahar’s Shahid Baheshti Port projects from March 21 to Nov. 21, indicating a 33% rise in the number of investment…

A total of 18.55 million tons of direct reduced iron were produced in Iran during the first eight of the current Iranian year (March 21-Nov. 21), 7% more compared with last year's corresponding…

A total of 5,313 domestic flights were operated by 16 airlines from Mehrabad International Airport during the eighth Iranian month (Oct. 23-Nov. 21) to register a 25% rise compared to the month…

Iranian aluminum producers had an aggregate output of 171,334 tons of aluminum ingots during the first eight months of the current Iranian year (March 21-Nov. 21), which indicates a 26% decrease…

Half of the residents of Tehran Province falls into the top income deciles of eight, nine and 10, so they are not eligible for Livelihood Assistance Program—the government’s recent cash payment…

Iran Airports Company earned 17,000 billion rials ($133 million) as overflight revenues in the last fiscal year (March 2018-19), which indicates a 14% decline compared with the year before,…

The number of Iran's export markets for its agricultural products is shrinking by the day, Agriculture Ministry’s caretaker, Abbas Keshavarz, has warned. "We have already lost the European…

Guild inspectors have been tasked with initiating legal proceedings and imposing fines, according to regulations, on business outlets that fail to inscribe prices on their products' packaging,…

Mobarakeh Steel Company had the largest share of steel production in Iran with an output of 11.9 million tons in the first eight months of the current Iranian year (March 21-Nov. 21). The…

The gross domestic product, excluding oil, has been positive during the first six months of [the Iranian year] 1398 [March 21-Sept. 22], the governor of the Central Bank of Iran said in his…

National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 791,443 tons of copper…

As per the budget bill for the next Iranian year (March 2020-21), all healthcare centers, including public or private-run health clinics and facilities as well as charity medical centers or…

Iran’s greenhouse tomato output is predicted to reach 333,883 tons by the end of the current Iranian year (March 19, 2020), the director general of Agriculture Ministry’s Greenhouse, Medicinal…

With a total of 1.26 million tons of exports during the first eight months of the current Iranian year (March 21-Nov. 21) and 182,483 tons in the eighth month (Oct. 23-Nov. 21), Khouzestan Steel…

Sugar production is estimated to reach 1.1-1.2 million tons in the current Iranian year (ending March 19, 2020), according to the executive of the Agriculture Ministry's “Sugarbeet Project”.

Iran exported $28.2 million worth of commodities to the Eurasian Economic Union member states under preferential tariffs from Oct. 27 to Nov. 29. According to Director General of the Islamic…

Iran’s exports to Iraq have declined due to the recent political unrest in the neighboring country, the secretary-general of Iran-Iraq Chamber of Commerce said. Hamid Hosseini added that Iran…

South Korea is in talks with the United States over Iran's call for Seoul to resume exports of humanitarian goods to Tehran, after tougher US sanctions virtually halted such trade.

The Ministry of Industries, Mining and Trade has set a target of raising Iran's annual exports to neighboring countries to $48 billion by the fiscal 2021-22, the deputy industries said.…

The Fourth International Exhibition of Transportation, Logistics and Related Industries opened at Tehran’s Grand Mosalla on Sunday.  The event will run through Tuesday.

Iranians ranked first among foreigners who registered companies in Turkey during the first 10 months of 2019, according to data provided by the Union of Chambers and Commodity Exchanges of…

The Health Ministry has slammed the Iranian Tobacco Planning and Supervision Center's recent approval of new cigarette and tobacco brands. The center, affiliated to the Ministry of Industries,…

Iranian egg producers are currently registering a monthly surplus of around 200,000 tons, according to the president of Tehran's Union of Egg-Laying Chicken Producers. Nasser Nabipour noted…