Railroad officials in President Hassan Rouhani’s two-term government pursued rail infrastructure development as one of their main priorities from the onset. Railroads have expanded from…
Domestic Economy
Latest figures released by Iran Airports Company indicates partial recovery in airport traffic in the month to April 20, compared with the same period of last year, when it was harshly hit by…
Experts believe that Iran will face a shortage of baby formula in the near future. Baby formula is an essential commodity needed by infants and kids. Some 85% of raw materials such as whey,…
Bank Pasargad, Imam Khomeini Airport Town Company and Iran Airports Company have signed a financing agreement for the development of Phase I of Terminal No. 2 of Imam Khomeini International…
Container loading and unloading in Shahid Rajaee Port of the southern Hormozgan Province stood at 267,702 TEUs during the first two months of the current Iranian year (March 21-April 20),…
Lists of the developing and least-developed states that are beneficiaries of the Eurasian Economic Union’s Generalized System of Preferences (GSP) finalized by the Eurasian Economic Council on…
The Statistical Center of Iran provides two figures for the youth unemployment rate: the proportion of the population between 15 and 24 years and those between 18 and 35 years.
The growth in overall Consumer Price Index in the second month of the current Iranian year (April 21-May 21) was the highest (3.9%) in Ilam Province compared with the previous month. This comes…
ATA Airlines has inducted three Embraer planes in its fleet, according to the CEO of the company. “By adding these long-haul planes to the existing fleet, ATA Airlines aims to expand its travel…
Imam Khomeini International Airport has received $8.61 million in new coronavirus loan, according to Mohammad Mehdi Karbalaei, Imam Khomeini Airport City's CEO. The airport’s daily…
The share of household expenditure pertaining to housing has increased from 33.2% in the year ending March 2014 (President Hassan Rouhani’s first year in office) to 36.4% in the year ending…
Iran's construction sector is expected to have expanded marginally by 0.7% in 2020 - down from the 8% growth in 2019. A report by Research and Markets expects the country's construction output…
The Iranian steel industry recorded strong growth rates both in production and exports during the first month of the current fiscal year (March 20-April 20). Iranian steelmakers produced a…
The National Coronavirus Headquarters has allowed the reopening of halls for holding wedding receptions and funeral wakes under certain conditions as of Thursday.
The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold two specialized courses in May and June.
The average price of each square meter of a residential property in Tehran stood at 287.96 million rials ($1,240) in the second month of the current fiscal year (April 21-May 21), latest data…
The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 7.4% in the second Iranian month (April 21-May 21), indicating a 0.9 percentage point…
Iranian lawmakers approved the outlines of capital gains tax bill on Wednesday with 132 votes in favor, 60 votes against and eight abstentions.
Households falling below the fourth decile suffer from housing poverty, the latest studies conducted by Fardin Yazdani, the author of the Comprehensive Housing Plan of the Ministry of Roads and…
The first two months of the current Iranian year (started March 21) has seen a reversal of last year’s decline in foreign trade.
Power outage in small industrial units causes up to $900 in losses per day, according to the deputy head of Iran’s Chamber of Commerce, Industries, Mines and Agriculture’s Industries Commission…
Households falling below the fourth decile suffer from housing poverty, the latest studies conducted by Fardin Yazdani, the author of the Comprehensive Housing Plan of the Ministry of Roads and…
The Central Bank of Iran provided $3 billion in subsidized foreign currency at the rate of 42,000 rials per US dollar for the import of pharmaceuticals and other needs of the Health Ministry in…
The employment rate in the last fiscal year (March 2020-21) was 37.3% (23.26 million), down 2.1% compared with the year before. The rates for men and women were 62.9% and 11.7%,…
The National Iranian Copper Industries Company and its subsidiaries, Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced 108,367 tons of copper concentrate during the first…
