Domestic Economy

The Statistical Center of Iran's latest data on Iran's job market in the first quarter of the current fiscal year (March 20-June 20) show South Khorasan Province registered the lowest…

A total of 5 million tons of non-oil goods worth $1.45 billion were exported from Iran to Iraq during the first quarter of the current Iranian year (March 20-June 20) to register a 40% and 38.3…

A total of 6 million tons of wheat worth 140 quadrillion rials ($577.32 million) have been purchased from local farmers in all 31 Iranian provinces in the current fiscal year (started March 20…

Given the significant role specialized exhibitions play in promoting non-oil exports, Iran International Exhibitions Company is determined to hold all events, particularly Elecomp, Agrofood, Oil…

Zamzam Group, an Iranian producer of soft drinks, has launched a production line in Afghanistan’s fourth-largest city, Mazar-i-Sharif.  The factory has come on stream as of July 5, the…

Landlords willing to sign three-year lease contracts will be granted exemption from vacancy tax and other slated tax measures concerning the housing sector, a senior official with the Ministry…

Domestic manufacturers are now producing 6.5 million facemasks per day in line with efforts to meet the surging market demand driven by the spread of the novel coronavirus, a deputy industries…

Iran exported 2 million tons of agricultural and food products worth over $1.25 billion during the first three months of the current fiscal year (March 20-June 20). The figures indicate a 16.29…

A total of 78,125 tons of green tea leaves have been purchased by the government from local farmers in the current fiscal year (started March 20), out of which more than 17,578 tons of processed…

More than $1 billion worth of goods were traded through the customs terminals of Tehran’s Imam Khomeini International Airport during the first quarter of the current fiscal year (March 20-June…

The Organization for Islamic Cooperation was the biggest destination of Iranian exports in the last fiscal year (March 2019-20) among global economic organizations. Iran exported 76.89 million…

A forum entitled “Eurasian Economic Union: A Bridge to Free Trade with the World” is scheduled to be held in the Islamic Republic of Iran Broadcasting Conference Center located in Tehran on Aug…

Imports constitute 90% of the perfume market in Iran, but since the government has banned its imports, illegal inflows of perfumes, just like other cosmetic products, will increase even more,…

A total of 3.68 quadrillion rials ($15.8 billion) worth of investments were made in industrial units with establishment permits, while 675.4 trillion rials ($2.9 billion) were injected in…

Iranian heavyweight steel producers exported a total of 901,126 tons of finished and semi-finished steel products, including beam, rebar, ingot, slab, hot and cold-rolled coils, and coated coils…

As per a deal signed between the Islamic Republic of Iran Railways and Tidewater Middle-East Company, the latter will be investing 16 trillion rials ($70 million).

The outbreak of coronavirus and its associated challenges have had a significant impact on Iranians in terms of labor force participation—the proportion of the adult population (ages 15 and…

A total of 30,400 tons of red meat were produced in Iran during the month ending June 20 to register a 39% rise compared with the similar month of last year. Red meat output witnessed a 1.5%…

A total of 5,550 coronavirus-hit businesses have received 575 billion rials [$2.46 million] in loans from banks by July 12.  According to a report by the Central Bank of Iran, out of 167,…

The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 310,076 tons of copper…

The Third International Exhibition of Paper, Cardboard, Cellulose Products and Related Machinery, also known as PCCM 2020, opens in Tehran today. It is being held at Tehran International…

More than 5.7 million tons of commodities worth over $1.18 billion were exported from Bushehr Province in southern Iran during the first three months of the current fiscal year (March 20-June 20…

Agricultural and food products accounted for more than 20% of Iran's total non-oil exports during the first two months of the current Iranian year (March 20-May 20).

Iran Small Industries and Industrial Parks Organization, affiliated to the Ministry of Industries, Mining and Trade, helped revive a total of 314 recession-hit industrial units across the…

Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.8% in the first quarter of the current Iranian year (March 20-June 20), indicating a 1.1% decline…