Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays, as payments snags disrupt flows of goods into the country, according to trade sources and…
Domestic Economy
Iran’s economy grew by 3% in the first half of the current Iranian year (March 21-Sept. 22) compared with the similar period of last year, the Central Bank of Iran said in a report released on…
Qatar’s Ministry of Transport officials, headed by Acting Assistant Undersecretary for Land Transport Affairs Hamad Essa Abdulla, met with a visiting delegation from Iran’s Ministry of Roads and…
The average annualized inflation in the ninth month of the current Iranian year (Nov. 22-Dec. 21) stood at 45%, the Statistical Center of Iran announced in a new report released on Thursday.
Russia and Iran are building a new transcontinental trade route stretching from the eastern edge of Europe to the Indian Ocean, a 3,000–kilometer (1,860–mile) passage that’s beyond the reach of…
A total of 428 domestically-made/overhauled train wagons worth 16.18 trillion rials ($40 million) joined Iran’s rail fleet on Dec. 20, during a ceremony attended by Minister of Roads and Urban…
Data released by the Iranian Steel Producers Association show Iranian steelmakers registered a 14% rise in the production of both semi-finished and finished steel products. According to the…
Iran has exported more than 195,300 tons of goods worth $115.4 million to Nigeria during the first eight months of the current Iranian year (March 21-Nov. 21), according to the spokesperson of…
Iran and Tajikistan traded 146,531 tons of goods worth $140.49 million during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 151% and 190% year-on-year rise…
Iran needs 550 passenger airplanes to be able to adequately meet market demand, the head of Civil Aviation Organization of Iran (CAO), Mohammad Mohammadi-Bakhsh, said in a recent meeting of…
Russian cargo dispatched regularly by railroads will be transported through Azerbaijan to Iran’s Astara city in Gilan Province in the north of the country, Iranian Ambassador to Russia Kazem…
Iran's trade (excluding crude oil exports) with Caspian Sea littoral states reached 4.62 million tons worth $2.49 billion during the first eight months of the current Iranian year (March 21-Nov…
The Islamic Republic of Iran Shipping Line Group (IRISL Group) has ordered 200 cargo wagons from domestic manufacturers to speed up its transport services. The multimodal transportation company…
The Iranian economy grew by 3.3% in the first half of the current Iranian year (March 21-Sept. 22) compared with the similar period of last year, while GDP growth stood at 3.4% excluding crude…
Iranian nanotechnology companies exported $62 million worth of products in the last fiscal year (March 2021-22), registering a 53% rise compared to the previous year. Forty-eight countries were…
Today, several socio-economic issues, including the devaluation of national currency, unemployment, elite migration, budget deficit, inflation, environmental crisis and factory closures, are on…
Official data on Iran’s pistachio exports indicate a considerable decline in the value of shipments this year. According to Daryoush Salempour, an Agriculture Ministry official, exports reached…
The coal concentrate production of the Iranian Mines and Mining Industries Development and Renovation Organization’s subsidiaries reached 526,221 tons in the first eight months of the current…
Iran’s economy has been buffeted by inflationary recession over the past decade. Under the circumstances, conventional anti-inflation policies or anti-recession policies won’t be effective,…
Iran traded 393,990 tons of goods (excluding crude oil exports) worth $432.97 million with Latin American countries during the first eight months of the current fiscal year (March 21-Nov.
Domestic passenger traffic in Iranian airports registered a year-on-year rise of 24% in the current Iranian year’s first eight months (March 21-Nov. 21), as 21.32 million passengers were flown…
Why do producers complain about shortage of bank facilities at conventional rates despite the growth in money supply?
The third round of the Tehran Dialogue Forum started in Tehran on Monday to review the latest developments in the region and the world. Around 70 political officials, thinkers and…
Iran’s industry [and the economy in general] has vanished in the Bermuda Triangle of poor policymaking for years now, taking along with it “economic governance”, “quality of diplomacy” and “…
The number of weekly flights between Iran and Tajikistan will increase from the current nine to 23 following the signing of a memorandum of understanding on air transport cooperation between the…