In the current fiscal year (started March 21), the desert locust was first spotted in the south of the country on March 24 and the pest has so far been battled over an area of 6,000 hectares.
Domestic Economy
A memorandum of understanding has been signed between Iran and the neighboring Afghanistan for the construction of a second bridge connecting Milak and Zaranj counties in Iran’s Sistan-…
A total of 1,925 trillion rials ($7.62 billion) in tax were collected in the last fiscal year (March 2020-21), indicating a 37% increase compared with the year before. According to…
The Ministry of Industries, Mining and Trade's review of the first 11 months of last Iranian year (March 20, 2020-Feb. 18) shows the output of eight mineral products (out of 11 under review)…
A total of 699,000 jobs were safeguarded throughout the coronavirus crisis as a result of loans extended by the government to businesses under the Covid-19 relief assistance…
Tehran’s Grand Bazaar will be closed for two weeks starting Saturday, April 10, to contain the rapid spread of Covid-19 infections.
Demand for gasoline doubled during the Nowrouz (Persian New Year) holiday season last month compared to the same period in 2020, head of the Iran Gas Station Owners Union said.
The National Iranian Copper Industries Company's sales reached a record high of 419.4 trillion rials ($1.6 billion) in the last Iranian year (March 2020-21), says the company’s managing director…
The value of products made in Chabahar in Iran’s southeastern province of Sistan-Baluchestan has increased 6.2-fold over the past eight years from 1,240 billion rials ($4.91 million) to 7,728…
All customs offices and exporters are advised against shipping goods via Dogharoun border terminal with Afghanistan in Khorasan Razavi Province until further notice, IRNA quoted…
The Ministry of Industries, Mining and Trade's review of the first 11 months of the last Iranian year (March 20, 2020-Feb. 18) shows the output of 19 industrial products (out of 29 under review…
Iran and Turkey exchanged $758.29 million worth of goods during the first two months of 2021, registering a 16.3% increase compared with the corresponding period of last year. According…
Markazi Province filed the lowest unemployment rate of 6.8% among all Iranian provinces in the fourth quarter of last Iranian year (Dec. 21, 2020-March 20) while Kurdestan registered the highest…
More than 240,000 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces in the last Iranian year (ended March…
The average goods and services Consumer Price Index of “housing and utilities (water, electricity, natural gas and other fuels)” in the 12-month period ending March 20, which marks the end of…
The International Monetary Fund expects Iran’s economy to grow by 2.5% in 2021. In its new World Economic Outlook report titled “Managing Divergent Recoveries”, IMF has put Iran’s GDP growth in…
Up to 2.8 million tons of essential goods, including rice, vegetable oils and unprocessed sugar, that were purchased in the fiscal 2020-21 will be imported during the first five months of the…
Vacation packages and tours to Turkey have been cancelled, although airlines are allowed to continue operating flights to the neighboring country, secretary of the Association of Iranian…
A housing expert explains five main reasons behind the unprecedented spike in Iran’s home prices since the fiscal 2017-18.
The growth in overall Consumer Price Index in the 12th month of last Iranian year (Feb. 19-March 20) was the highest (2.7%) in Kerman Province compared with the previous month. This comes as,…
Iran’s total foreign trade stood at 145.7 million tons worth $73 billion in the last Iranian year (March 2020-21), of which 25.05 million tons worth $8.42 billion were carried out via the…
Iran’s export of mineral products during the first 11 months of last fiscal year (March 20-Feb. 18) reached 48.8 million tons worth $6.62 billion, latest data released by the Iranian Mines and…
The services sector employed 50.4% of the Iranian employed population (11.66 million) in the fourth quarter of last Iranian year (Dec. 21, 2020-March 20), 2.3% less than the corresponding period…
Iran Chamber of Guilds has issued a statement expressing concerns regarding the economic implications of a new surge in Covid-19 cases.
A total of 1.5 million tons of commodities were exported via road from Sistan-Baluchestan’s Milak and Mirjaveh border crossings to Afghanistan and Pakistan in the last Iranian year (March 2020-…