Domestic Economy
July 21, 2023 19:47
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May 16,2023Iranian captain Hassan Rostam has braved the Strait of Hormuz aboard his barge boat for four decades, but now watches with despair as the wooden boats are being replaced by cheaper, faster boats. -
May 14,2023Iran exported 801,130 tons of agricultural and food products worth $438.6 million in the first month of the current Iranian year (March 21-April 20), new data released by the Agriculture Ministry...
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May 14,2023A total of 186,205 tons of poultry meat were produced in Iran’s official slaughterhouses during the first month of the current Iranian year (March 21-April 20), registering a 10% decrease compared...
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May 16,2023Rising public interest in the stock market is good news for any economy, as it signals an improvement in production through market dynamics. However, in Iran, every time people turn to the stock...
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May 14,2023An official session of talks was held in Tehran last week between the Sultanate of Oman and Iran, covering areas of transport and logistics. The Omani side was chaired by Minister of Transport,...
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May 14,2023The Statistical Center of Iran has published a new report on the number of construction permits issued in Tehran and throughout the country during the third quarter of the previous financial year...
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May 14,2023Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 97.33 million tons worth $59.73 billion in the fiscal 2022-23 (ended March 20),...
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May 13,2023In a first visit by an Iranian president to Syria in 13 years, Ebrahim Raisi led a high-ranking delegation to the war-ravaged Arab country last week and returned with a bagful of cooperation pacts.
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May 13,2023The Eurasian Economic Commission has finalized its substantive discussion of all points of a free trade zone agreement with Iran, and this document may be signed as soon as this year, Eurasian...
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May 13,2023The first block for a new class of Russian domestic containership that is also capable of carrying dry bulk cargo was laid down at the Lotos Shipyard, part of the state-owned United Shipbuilding...
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May 13,2023The Purchasing Managers' Index for local industries settled at 35.63 in the current Iranian year’s first month (March 21-April 20), up from 59.51 in the preceding month (Feb. 20-March 20), the...
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May 13,2023Direct flights between Tehran and Saint Petersburg are scheduled to be operated from June 1 by Nordwind Airlines.
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May 13,2023A total of 12.31 tons of saffron worth $13.36 million were exported from Iran to 29 countries during the first month of the current fiscal year (March 21-April 20), registering a 54% and 41% year-...
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May 12,2023Iran traded 58.25 million tons of goods (excluding crude oil exports) worth $35.11 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia...
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May 12,2023Omani Minister of Transport, Communications and Information Technology Said Hamoud al Maawali met with Governor-General of Hormozgan Province Mehdi Dousti on Wednesday.
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May 12,2023Iranian Minister of Economic Affairs and Finance Ehsan Khandouzi arrived in the Saudi port city of Jeddah at the head of a delegation on Thursday.
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May 12,2023Indicators testify to a critical, unprecedented situation in the housing sector. The number of years people have to wait to save enough money to buy a residential unit has hit three digits....
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May 12,2023Heavyweight Iranian producers of minerals and mining industry products exported 4.68 million tons worth $951 million in the first month of the current Iranian year (March 21-April 20), to register...
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May 12,2023Exports from Iran’s southwestern Khuzestan Province to Iraq stood at 384,000 tons worth $48.4 million in the first month of the current fiscal month (March 21-April 20), registering a 16% and 38%...
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May 12,2023A single digit inflation prevails in most countries, but Iran is perhaps the only state that has experienced double-digit inflation for more than five decades. For Iranians, the dream of seeing...
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May 12,2023Media outlets began to report on economic and financial corruption in the years following the Islamic Revolution in the late 1980s and early 1990s. It seems that the formation of “dormant...
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May 10,2023The Afghanistan Railway Authority says a trial run saw a freight train arrive in Herat Province on Monday via the Khaf-Herat railroad.
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May 12,2023The Purchasing Managers’ Index for the construction sector settled at 33.95 in the first month of the current Iranian year (March 21-April 20), down from 55.43 in the 12th month of the last fiscal...
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May 10,2023The Fifth Iran Non-Ferrous Metals Industries Market & Related Technologies Conference & Expo opened at Tehran’s Olympic Hotel on May 10.
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May 09,2023Capital Gains Tax, which had been debated for a long time, has been finally approved by the parliament. CGT is a component of income tax, levied on income from the transfer of movable or...
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