Flights to and from the UK have been suspended for two weeks, as the new Covid-19 strain spreads rapidly in the European country, according to the Ministry of Roads and Urban Development’s…
Domestic Economy
A total of 2.3 million tons of non-oil goods worth $964 million have been exported from the western province of Kurdestan since the beginning of the current Iranian year on March 20, registering…
Iranian steelmakers produced a total of 35.23 million tons of semi-finished and finished steel products during the first eight months of the current fiscal year (March 20-Nov. 20) to register a…
The National Iranian Copper Industries Company and its subsidiaries, namely Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced a total of 804,480 tons of copper concentrate…
Iran’s exports to Latin American states grew 56% during the first eight months of the current fiscal year (started March 20), even though imports fell by 45%. As per the latest data…
Medical schools will employ 53,000 healthcare professionals (besides faculty members) in the next Iranian year (starting March 21, 2021), says the Plan and Budget Organization.
A total of $334 million worth of agricultural products were exported to Eurasian Economic Union member states, during the first eight months of the current Iranian year (March 20-Nov.
The population of the capital city Tehran has increased by 6.6% over five years from the fiscal year ending March 2013 to the year ending March 2017. The Statistical Center of Iran…
The government says its expenditure on development projects has increased, despite a decline in revenues. Capital expenditures exceeded 520 trillion rials ($2 billion) in the eight months to…
Iran and Pakistan opened the Rimdan-Gabd border crossing on Monday in the presence of Minister of Roads and Urban Development Mohammad Eslami and Pakistan’s Minister for Defense Production…
Most Iranian industries were on the path to growth during the second quarter of the current fiscal year (June 21-Sept. 21), according to the latest data on Industrial Production Index for large…
The government earned 1,314 trillion rials ($5.05 billion) in tax revenues in the eight months to Nov. 20, which account for 64% of the sum predicted in the budget for the period. The…
Home prices have registered a 200% growth over the past five years, said Parvaneh Aslani, director general of Housing Economy Office of the Ministry of Roads and Urban Development, adding that…
A total of 133,700 tons of nuts and dried fruits worth $835 million were exported from Iran during the first eight months of the current fiscal year (March 20-Nov. 20), registering a 99% and 71…
Iran’s domestic demand for textile stands at 600,000 tons per year, while annual local production amounts to 440,000 tons and the rest has to be imported, according to the director general of…
A total of 1,678 tons of raw silk cocoons have been produced in Iran in the current fiscal year (March 2020-21) to register a 21% increase compared with the year before.
Iran’s trade with the South Asian Association for Regional Cooperation member countries amounted to $4.41 billion, during the first eight months of the current Iranian year (March 20-Nov. 20),…
The last four years saw imports of tobacco products worth nearly $1 billion, says spokesman of the Islamic Republic of Iran Customs Administration, Rouhollah Latifi.
Iranian aluminum producers had a total output of 286,449 tons of ingots during the first eight months of the current Iranian year (March 20-Nov. 21) to register a 67% rise compared with the…
An Iranian pharmaceutical company has launched the production line of remdesivir, which is used for treating Covid-19. According to Mohammad Ali Maleki, managing director of Ronak…
Loans worth 19 trillion rials ($73 million) will be paid to cultural and art centers impacted by the new coronavirus, Vice President for Economic Affairs Mohammad Nahavandian says.
Big bank loan defaulters have repaid 30% of their arrears, the governor of the Central Bank of Iran said. He did not provide details or name names of creditor banks or the companies in…
Majlis Research Center, the research arm of Iranian Parliament, believes that the budget bill proposed by the government for the next fiscal year (March 2021-22) is riddled with fundamental…
The upstream steel industry has registered growth in the production of iron ore concentrate, pellet and direct reduced iron during the first eight months of the current fiscal year (March 20-Nov…
The “industries and mines” group registered the highest economic growth (based on the prices of the year ending March 2012) in the first half of the current fiscal year (March 20-Sept. 21) of 5.…
