Domestic Economy

Indian Ambassador to Iran Rudra Gaurav Shresth paid a visit to Chabahar Port on Friday, marking his first visit to the port since taking office as envoy.  This was the top envoy’s first…

Pakistan’s authorities have issued a directive for the implementation of barter trade with Iran, Russia and Afghanistan without the use of currency to facilitate and develop mutual trade, the…

Since the fiscal 2018-19, due to high inflation and economic sanctions, the growth rate of investment in Iran has been negative and failed to keep pace with the depreciation rate. However, we…

The number of flights between Tehran’s Imam Khomeini International Airport and Kuwait has increased with two new flights scheduled by Jazeera Airways on Sundays and Fridays, according to Saeed…

The share of university graduates from the total unemployed population in Iran was 40.8% in the first quarter of the current Iranian year (March 21-June 21), which indicate a year-on-year…

Presently, about 32% of bank resources are allocated to the production sector, while the services sector’s share is about 38% of these resources, a member of Iran Chamber of Commerce, Industries…

“Communications”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 15.2% in the third month of the current Iranian…

Mobarakeh Steel Company exported 18 tons of hot-rolled coil worth 4.62 trillion rials ($9.37 million) in the third month of the current Iranian year (May 22-June 21). The company’s hot-rolled…

The agriculture sector has played a significant role in Iran’s non-oil exports, as it accounted for 14% of the country’s total non-oil exports value during the five years ending 1400 (March 20,…

The Purchasing Managers’ Index for the construction shows the sector is once again nearing contraction mode after briefly emerging from a nosedive at the beginning of the Iranian year (started…

The Statistical Center of Iran has put labor force participation rate — the proportion of the population of ages 15 and above that is economically active, either employed or looking for a job —…

A total of $15 million worth of furniture were exported from Iran during the first quarter of the current Iranian year (March 21-June 21), according to the head of Iran Furniture Manufacturers…

“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 43% in the third month of the current Iranian year…

The membership in Shanghai Cooperation Organization, as a turning point in the improvement of Iran’s political and economic status in the region, will greatly strengthen mutual trust and unity…

The seventh five-year development plan (fiscal March 2023-24 to March 2027-28) is on track to get the final parliamentary approval at a time when officials and planners in charge of drafting the…

“Education”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an annualized inflation rate of 34.1% in the third…

Tehran will host the Sixth International Exhibition of Glass, Machinery and Equipment on July 14. According to secretary of Iran Glass Industry Association, Hossein Zojaji, companies…

The services sector employed 51.3% of the Iranian employed population (12.47 million) in the first quarter of the current Iranian year (March 21-June 21), 0.1% higher than the corresponding…

A total of 107,500 tons of goods worth $77.53 million were exported from Lotfabad Border Terminal located in the northeastern Khorasan Razavi Province to Turkmenistan during the first quarter of…

The 12th International Exhibition of Elevators and Escalators, also known as LIFTEX 2023, is scheduled for July 14-17 at Tehran’s International Fairground. A total of 130 domestic and foreign…

Fly Arna Airlines operated its first flight from Armenia to Imam Khomeini International Airport on July 11, according to Mohammad Reza Fardi, the acting deputy head of Imam Khomeini…

A railroad has been launched to link Khaf in northeastern Iran to Rozanak in Afghanistan’s Herat Province. The strategic railroad linkup took place in a ceremony on Tuesday, which was attended…

The Iranian National Tax Administration earned 1,370 trillion rials ($2.75 billion at the current market exchange rate) in tax income during the first quarter of the current fiscal year (started…

The Purchasing Managers' Index for local industries settled at 55.3 in the current Iranian year’s third month of the current year (May 22-June 21), down from 66.96 in the preceding month (April…

The industrial sector’s added value per capita, based on the fixed prices of fiscal 2011-12, increased from 26 million rials ($52 at the current market exchange rate) in 2011-12 to 27 million…