Domestic Economy

Iran exported 15.8 million tons of mineral products worth $3.89 billion during the first half of the current Iranian year (March 21-Sept. 22) to register a 27.3% and 11.7% growth in tonnage and…

President Hassan Rouhani inaugurated Baft Steel Company’s new direct reduction iron plant on Monday during a visit to Kerman Province.  The DRI production plant has an annual capacity of…

Iranian households’ spending on cosmetics increased in the last Iranian year {ended March 20, 2019] compared with the year before, but consumption shows a decline due to inflation, the Persian…

Turkey is now overtaking Iran’s place in commercial exchanges with Afghanistan due to economic restrictions imposed by the Islamic Republic in the face of sanctions, says the head of Iran-…

The 132-km-long Mianeh-Bostanabad railroad, part of a bigger Mianeh-Tabriz rail project connecting East Azarbaijan Province to the national rail network, is scheduled to be inaugurated by…

Iran has 55 billion tons of mineral reserves, about 33 billion tons of which are proven, according to the head of Geological Survey and Mineral Exploration of Iran. Alireza Shahidi added that…

The average Producer Price Index for the mining sector in the four-quarter period ending Sept. 22, which marks the end of the second quarter of the current fiscal year (March 2019-20), increased…

The list of banned imports got longer, as the government unfolds its latest foreign trade decision that adds 120 goods to the previous list of 1,530. 

A total of 158.45 million square meters of tiles were produced in Iran during the first five months of the current Iranian year (March 21- Aug. 22) to register an increase of 4.4% compared with…

A total of 1,726 industrial units, out of the 10,380 inactive ones in Iran, were revived in the last Iranian year (March 2018-19), while 529 were revived during the first half of the current…

More than 82.77 million tons of commodities were loaded and unloaded at Iran’s 21 commercial ports during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 2.6…

Since March 21, the Organization for Collection and Sales of State-Owned Properties of Iran has destroyed 500 billion rials ($4.4 million) worth of expired or smuggled goods, Jamshid Qosourian,…

The Fifth Exclusive Exhibition of Iran in Tajikistan will open in the capital of the neighboring country, Dushanbe, on Dec. 21.

Iran exported 18,500 tons of eggs to its neighboring countries during the first half of the current Iranian year (March 21-Sept. 22), says Reza Torkashvand, the head of Producers of Egg-Laying…

A total of 24.37 million tons of cement were produced in Iran during the first five months of the current Iranian year (March 21-Aug. 22), registering an increase of 0.6% compared with last year…

The value of Iran’s mineral production will reach $22 billion by the end of the current fiscal year (ending March 19, 2020), says Deputy Industries Minister Jafar Sarqeini. The country produced…

Tehran’s Imam Khomeini International Airport registered 23,221 flights during the first half of the current Iranian year (March 21-Sept. 22), which indicates a decline of 15.7% compared with…

South Aluminum Corporation (SALCO) located in Lamerd, capital of Lamerd County in Fars Province, will begin the production of 100,000 tons of aluminum ingots per year as of the next Iranian…

The Producer Price Index for the industry sector in the four-quarter period ending Sept. 22, 2019, which marks the end of summer, decreased by 0.2% compared with the same period of last year to…

The Statistical Center of Iran has published its latest figures concerning construction permits, showing that the number of permits issued has increased both in Tehran and in other Iranian…

The government’s wheat purchases from local farmers have declined by 3 million tons this year, which will be imported to replenish its strategic reserves, the deputy head of the National Wheat…

The Anglo-Dutch multinational company Unilever has launched the production line of hand wash detergent and shampoo in Alborz Industrial Town in Qazvin Province on Sunday. 

A specialized trade delegation from China’s Hubei Province met with members of Tehran Chamber of Commerce, Industries, Mines and Agriculture and exchanged notes on possible cooperation in the…

A total of 261 cooperatives were registered during the seventh month of the current Iranian year (Sept. 23-Oct. 22) to register a 19% decline compared with the corresponding period of last year…

The food basket of the poorest 10% of the population just became smaller last year (March 2018-19).