Domestic Economy

Iran and Turkey plan to resume two train services later this month. “Services will resume between Tehran and Turkey’s eastern city of Van on June 25 and between Tehran and Ankara on June 27,”…

Iran supplies 90% of global rosewater demand and accounts for 8-10% of rose essence production in the world, the executive manager of the National Medicinal Plants Project of the Agriculture…

Iran Airports Company registered 30,635 takeoffs and landings during the second month of the current Iranian year (April 21-May 21), which shows a 13% decline compared with the similar period of…

More than 440,000 tons of oilseeds are expected to be produced in Iran in the current fiscal year (started March 21) to register a 30% growth compared with last year’s output, an advisor to the…

Iran’s industrial purchasing managers’ index (PMI) experienced its highest monthly growth in the month ending May 21 since the first publication of PMI in the country eight months ago. The…

Iran is now self-sufficient in the production of railroad switches, the managing director of Iran Rail Industries Development Company said. Kazem Taherzadeh was speaking in a press conference…

The upcoming 26th International Exhibition of Food, Food Technology and Agriculture, also known as "Iran Agrofood 2019", is expected to feature representatives of 160 foreign companies, Managing…

Iran traded 537,456 tons of non-oil commodities worth $219.09 million with the member states of the Association of Southeast Asian Nations during the first Iranian month (March 21-April 20) to…

The volume of foreign direct investment in Iran declined by more than 30% in 2018 to reach $3.48 billion from about $5 billion the year before, the United Nations Conference on Trade and…

The new duties imposed on date exports have been lifted following strong protests over the restrictive move by Iran Export Confederation, which was endorsed by the ministries of agriculture and…

A total of 23.95 million tons of commodities were loaded and unloaded in Iran’s 21 major commercial ports during the first two months of the current Iranian year (March 21-May 21) to register a…

A total of 50,309 tons of green tea leaves produced during the spring harvest have been purchased by the government from local farmers at 1.58 trillion rials ($12.39 million). This shows an 18…

High-technology exports accounted for less than 1% of Iran’s non-oil exports in the last fiscal year that ended on March 20, a report by the Economy Ministry titled “Stimulus Package for…

Iran traded 203,123 tons of non-oil commodities worth $53.99 million with the Americas during the first Iranian month (March 21-April 20) to register an 86.25% growth in tonnage and 41.04%…

South Korea's finance minister has called for positive US consideration in resolving difficulties facing smaller South Korean companies due to US sanctions on Iran, the finance ministry said on…

The rise in paper price has led to a rise in book prices and an inevitable decline in publishing during the first two Iranian months (March 21-May 21). Statistics show a total of 2,624 titles…

Iran’s trade with Turkey totaled $2.86 billion during the first four months of 2019 to register a decrease of 21.02% compared with the corresponding period of 2018, data released by Turkish…

Iran traded 8.46 million tons of non-oil commodities worth $3.46 billion with the member states of United Nations’ Asia-Pacific region during the first Iranian month (March 21-April 20) to…

Deep mining explorations are required to increase mineral reserves, Deputy Industries Minister Jafar Sarqeini told a press conference on Saturday. Authorities in the mining sector say new…

Investments worth 2.87 quadrillion rials ($21.83 billion) are expected to be made in industrial units for which establishment permits were issued and 592.35 trillion rials (over $4.5 billion)…

Imam Khomeini Airport City officially concluded Operational Readiness and Airport Transfer (ORAT) in Salam Terminal-Gallery on Sunday ahead of its inauguration in the near future.

The latest hike in date export tariffs will hurt producers the most and run counter to the goal set for the country’s economy this year, i.e. encouraging production, the deputy head of Iranian…

The government earned 150 trillion rials ($1.11 billion) in tax revenues during the first two months of the current Iranian year that started on March 21, a former caretaker of the Iranian…

Direct flights between Iran and Tajikistan have resumed after Varesh Airlines flew from Iran's holy city of Mashhad to Tajikistan's capital Dushanbe on June 6. Varesh Airlines is a private…

Iran traded 131,859 tons of non-oil commodities worth $43.52 million with the African states during the first Iranian month (March 21-April 20) to register a 4.96% growth in tonnage and a 19.47…