Domestic Economy

  • E. Azarbaijan Exports Earn Over $1b
    East Azarbaijan Province exported 1.38 million tons of non-oil commodities worth $1.11 billion during the 11 months to Feb. 19, registering an increase of 21% and 30% in value and tonnage...
  • Iran’s Growth Promise Index Improves
    Iran has registered one of the notable changes on the index of Growth Promise Indicators in 2018 by jumping six spots compared to last year’s survey to score 4.13 out of 10 and rank 98 out of180...
  • Cigarette Output  Rises 8%
    About 43.72 billion cigarettes were produced in Iran during the first 11 months of the current fiscal year (March 21, 2017-Feb. 19), registering an 8% rise compared with last year’s corresponding...
  • Import Permit for 2 More Tropical Fruits
    According to a new regulation ratified by the Islamic Republic of Iran Customs Administration, mangosteen and papaya have been added to the list of fruits that can be imported into the country. ...
  • Iran registered $447,620 in trade deficit with Malta in 2017.
    Trade between Iran and Malta stood at around €789,660 in 2017, registering a 28.62% decline compared with 2016.  Iran had the lowest transactions with Malta from among the 28 member states of the...
  • Some auto importers have made fortunes from the volatile import rules and the chaotic market over the past several years.
    Iranian economist Hossein Raghfar said the decision-making establishment in the country is at the heart of all the problems Iranians faced in the current fiscal year (March 2017-18).  Raghfar...
  • Tehran Hosts Nomadic Expo
    The Third Exhibition of Villagers and Nomadic Capabilities is scheduled to open in Tehran’s Permanent Fairground on Tuesday in the presence of First Vice President Es’haq Jahangiri. The four-day...
  • Iran-France Trade Jumps 79% in 2017
    Trade between Iran and France exceeded €3.69 billion in 2017, registering a 79.64% surge compared with 2016. This makes the country Iran’s second biggest trade partner from among the 28 member...
  • Trade between Iran and Sweden stood at over €456.77 million in 2017, registering an 86.15% rise compared with 2016.  This makes the country Iran’s ninth biggest trade partner from among the 28...
  •  Afghans constitute the highest number of foreign nationals in Iran.
    Out of the 22.67 million employees in Iran in the last Iranian year (ended March 20, 2017), 97.6% were Iranian and around 2.4% were foreign nationals living in Iran. The total population of Iran...
  • ICCIMA Delegation to Accompany Zarif to Pakistan
    A delegation of Iran Chamber of Commerce, Industries, Mines and Agriculture will accompany Foreign Minister Mohammad Javad Zarif in a visit to Pakistan from March 11 to 14.  A business forum as...
  • Sugar  Self-Sufficiency on the Horizon
    More than 8.1 million tons of sugarbeet have been produced in Iran so far this year, of which 1.95 million tons of sugar have been extracted, the manager of Sugar Beet Project carried out by the...
  • The shares of the two companies will be offered on Tehran Stock Exchange.
    Bank Melli Iran and Iran Khodro Diesel are planning to undertake two of the capital market’s final and sizable block sales in the current fiscal year (March 21, 2017-18). BMI seeks to sell a 70.68...
  • 2nd Cargo Train Arrives in Astara from Russia
    A cargo train from Russia loaded with 330 tons of wood worth around $132,000 arrived in Iran’s northern border city of Astara on Saturday, the governor of the city, Younes Ranjkesh, said. “The...
  • Tehran-Ashgabat Trade Hit $1b
    Iran exported over $400 million worth of commodities to Turkmenistan and imported $600 million in return during the 11 months to Feb. 19. The statement was made by the commercial attaché of...
  • Trade With Romania Grows 11%
    Trade between Iran and Romania stood at over €479.7 million in 2017, registering a growth of about 11% compared with 2016.  This makes the country Iran’s eighth biggest trade partner from among the...
  • Italian Firms Signs $100m Solar Plant Deal With Iran
    Italy’s Carlo Maresca on Saturday signed a $100-million contract with the Industrial Development and Renovation Organization of Iran to construct a solar power plant near Garmsar Special Economic...
  • EPI for chemical industries and related products had the highest YOY rise, recording a 35.3% uptick compared to last year’s similar period.
    The export price index stood at 300.6 in the 10th Iranian month of Dey (Dec. 22-Jan. 20), registering a 5.3% increase compared to the preceding month and a 22.3% rise compared with last year’s...
  • Iranian Export Billet, Slab Prices Climb
    Iranian export semi-finished steel prices continued to climb in the week to Feb. 28, as...  
  • Citrus, Melon Zest Exports Earn $277m
    Iran exported over 135,000 tons of citrus and melon zest worth $277 million during the 10 months to Jan. 20, registering a 1% decrease in value compared with last year’s corresponding period....
  • Food Aid Package for  11m Iranians
    Eleven million low-income Iranians will receive food aid package in the current Iranian week (that starts on Saturday), Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said. “A...
  • Iran collected taxes worth 1014.7 trillion rials ($22.5 billion) in the last fiscal year (March 2016-17), registering a rise of 28.1% compared with the year before.
    The share of oil revenues in the government’s general revenues reduced from 46% six years ago (March 2012-13) to 34% last year (March 2016-17), Minister of Economic Affairs and Finance Masoud...
  • Nat’l Handicrafts Expo Scheduled for March 6-9
    The 29th National Handicrafts Exhibition is scheduled to be held from March 6 to 9 at Tehran’s International Permanent Fairground. The annual event, organized by Iran’s Cultural Heritage,...
  • Rise in Hormozgan  Rail Throughput
    Around 6.97 million tons of commodities were loaded and over 10.8 million tons were unloaded in Hormozgan railroad stations during the first 11 months of the current Iranian year (March 21, 2017-...
  • Iran Air CEO: Boeing Deal Safe
    The recent ruling by a US federal court ordering aerospace giant Boeing to disclose the details its contract with Iran will not create any problem for Iran's flag carrier, says Farzaneh Sharafbafi...

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