Domestic Economy

Iran’s business environment displayed the third consecutive improvement in the three-month period ending Sept. 22 compared with the previous quarter.  The country’s business environment…

The World Economic Forum’s “Global Competitiveness Report 2019” shows Iran’s ranking has dropped by 10 places with a score of 53 out of 100 compared to last year's report.

The share of Iranian youths (ages 15-24) who were neither in employment, education, nor training (NEET, for short) fell from 31.6% in the Iranian year ending March 2015 to 29.7% last year (March…

Iran’s economy is expected to contract further by 8.7% in 2019-20 due to external shocks to oil and gas output.  The plummeting exports comes after the expiration of US waivers to major…

Ninety percent of animal hide produced in Iran are exported in raw form, which is known as ‘salambor’. According to Chairman of Iran Tanners Association Ali Hassanzadeh, the export of 15…

Iran's industrial and mining sector experienced 18% growth in the first six months of the current Iranian year (started March 21) compared with the preceding year's corresponding period, says…

Iranian commercial ports are buzzing with activity, the latest figures released by the Ports and Maritime Organization of Iran show. More than 72.81 million tons of commodities were loaded and…

Three senior aides to President Hassan Rouhani spoke this week at an international meeting in Tehran and reexamined the Donald Trump’s economic war on the Iranian people.

Egg production is predicted to witness an increase of 11% compared to last year (March 2018-19) to 1 million tons by the end of the current Iranian year (March 19, 2020), a deputy agriculture…

Karaj Chamber of Commerce, Industries, Mines and Agriculture plans to send a delegation of traders from the fields of information technology, machinery, food products and tourism to Poland and…

Iran is expected to achieve self-sufficiency in rice production in the current fiscal year (ending March 2020).

The Iranian Mines & Mining Industries Development & Renovation has defined $16 billion worth of mining projects by the Iranian year 1400 (March 2021-2) for domestic and foreign investors…

Iran exported 74 tons of saffron worth $78 million during the first five months of the current Iranian year (March 21-Aug. 22), the executive manager of Agriculture Ministry's National Medicinal…

The Ministry of Industries, Mining and Trade's review of 12 minerals during the first five months of the current Iranian year (March 21-Aug. 22) shows eight witnessed year-on-year growth while…

Some 600 small- and medium-sized industrial enterprises have been revived in Iran’s industrial parks since the beginning of the current fiscal year (March 21), a deputy industries minister said…

A forum entitled "Iran-Germany Commercial Relations: Situation and Prospects" was held at Tehran’s Parsian Azadi Hotel on Tuesday.

A new cargo-passenger shipping link between Bushehr and Doha will be launched by the end of the Iranian month ending Oct. 22, following the completion of repairs at Doha passenger terminal and…

For the first time in years, Iran's national flag carrier has posted an operating profit. According to Shahram Adamnejad, deputy minister of roads and urban development, Iran Air posted an…

Close to 1.2 quadrillion rials ($9.81 billion) worth of investments were made in industrial units for which establishment permits were issued, while projects with operating licenses received 175…

The Purchasing Managers' Index for the sixth month of the current fiscal year (Aug. 23-Sept. 22) settled at 50.43 from 45.79 in the preceding month (July 23-Aug. 22), indicating a 4.64-point or…

Iran’s unemployment rate, the proportion of jobless population of ages 15 years and above, stood at 10.5% in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 1.8%…

A review of Iran’s commercial exchanges with African countries during the 10 years to March 20, 2019, shows Iran witnessed the highest level of trade in the fiscal 2017-18 at $1.2 billion.…

Iranian year (March 21-Sept. 22) to register a 13.33% and 0.66% growth in tonnage and number of trips respectively compared with the similar period of last year.

Figures released by the Statistical Center of Iran show the spending gap between the richest and the poorest strata widened further in the last Iranian year (March 2018-19).  Households in…

Iran will host the 2021 meeting of Economic Cooperation Organization’s tourism ministers.  The decision was made during the third edition of the meeting held in Tajikistan’s city of…