• Main Reasons Leading to Frictional Unemployment

    Out of 3.2 million unemployed people in the fiscal 2017-18, about 1.8 million or more than 56% experienced frictional unemployment (those who were not working because they were in between jobs or formerly employed). 
    Men accounted for 1.6 million of this population group, according to a new report by the Ministry of Cooperatives, Labor and Social Welfare. 
    The biggest cause of their unemployment was the temporary nature of their jobs, comprising 25%. 
    Low wage (16.3%), expulsion or layoff (14%) ...

Domestic Economy

  • Saqqez Airport to Be Ready  in 2 Years
    08/21/2018
    The construction of Saqqez Airport, located 266 kilometers from Sanandaj in Kurdestan Province, has made 40% progress and is expected to become complete in two years, the manager of Sanandaj...
  • New Online System to Monitor Warehouses Countrywide
    08/21/2018
    All warehouses in Iran are required to register in the so-called “All-Inclusive Warehouses Website” by Aug. 23, otherwise their stored commodities will be considered hoarding and those responsible...
  • Wheat Flour Exports Earn $20 Million
    08/21/2018
    Iran exported 81,638 tons of wheat flour worth $20.49 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran...
  • Uptrend in  Non-Oil Trade With Azerbaijan
    08/21/2018
    Iran traded 198,655 tons of non-oil commodities worth $116.44 million with Azerbaijan during the first four months of the current fiscal year (March 21-July 22). This shows a 36.02% and 42.29%...
  • Surcharge on Forex Rate Difference “Illegal”
    08/21/2018
    The retrospective application of Clause Five of the government’s new foreign currency on imports is against the law, the chairman of the parliamentary faction focused on fighting corruption and...
  • Press Iron Imported  From 9 Countries
    08/20/2018
    More than 1,291 tons of press iron worth $7.34 million were imported into Iran from nine countries during the last Iranian year (March 2017-18), based on figures released by the Islamic Republic of...
  • 4% Decline in Last Year’s Red Meat Production
    08/20/2018
    A total of 429,000 tons of red meat were produced in Iran’s officially registered slaughterhouses during the past fiscal year (March 2017-18), registering a 4% decline compared to the year before,...
  • Turkey to Defy US Sanctions, Maintain Trade Ties With Iran
    08/20/2018
    Turkey intends to defy US President Donald Trump and continue its strong bilateral trade links with...
  • Non-Oil Trade With Japan Exceeds $310m
    08/20/2018
    Iran traded 276,030 tons of non-oil commodities worth $312.41 million with Japan during the first four months of the current fiscal year (March 21-July 22), registering a 40.9% and 13.71% decrease...
  • Hoarded Goods Worth $40m Confiscated in Tehran
    08/20/2018
    Essential goods worth 3.2 trillion rials (around $40 million) hoarded in nine warehouses of Tehran Province have been confiscated by police over the last week, the commander of Tehran’s Law...
  • Tehran Province’s Agro Output Hit  5.7m Tons
    08/20/2018
    Home to 187,000 hectares of agricultural land, Tehran Province produces 5.7 million tons of...  
  • Onion Exports Earn $22m  in 4 Months
    08/20/2018
    Iran exported 65,480 tons of onions worth $22.25 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs...
  • Goods Clearance Eased
    08/20/2018
    An increasing number of consignments have been piling up at customs terminals of major Iranian ports, without being claimed by their owners. The issue took center-stage at Saturday’s joint meeting...
  • Domestic Shoe Industry Hit by Raw Material Shortage
    08/19/2018
    Domestic shoe production has declined by over 70%, the head of Handmade Shoemakers and Sellers Union said, as raw materials needed by the producers have not been cleared from the customs due to...
  • Rail Exports From Qom to CIS Grow 29%
    08/19/2018
    More than 3,403 tons of goods were exported via railroads from Qom Province to the Commonwealth of Independent States during the first four months of the current Iranian year (March 21-July 22),...
  • Vacuum Cleaners Imported From 14 Countries
    08/19/2018
    More than $29 million worth of vacuum cleaners were imported into Iran from 14 countries during the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs...
  • IKIA Ranks Third Among  Fastest-Growing Airports
    08/19/2018
    Tehran's Imam Khomeini International Airport has been distinguished as the third...
  • Milk Powder Exports Earn  $24 Million
    08/19/2018
    Iran exported 7,238 tons of milk powder worth $24.78 million during the first four months...  
  • Infrastructure Gets 10% of National Budget
    08/19/2018
    As little as 10% of the national budget, i.e. less than 400 trillion rials ($4.87 billion), are spent on the development of infrastructures and the rest goes to operational expenditures such as...
  • Non-Oil Trade Value With Egypt Tops 80%
    08/19/2018
    Iran traded 298,616 tons of non-oil commodities worth $128.23 million with Egypt during the first four months of the current fiscal year (March 21-July 22).  According to the latest data released...
  •  TPO Clarifies Import Ban List to Foreign Traders
    08/18/2018
    The recent ban imposed on the import of certain products has caused serious problems for countries wishing to continue trade with Iran, despite United States' sanctions. The issue was raised in a...
  •  Livestock Zoonotic Infections Down 38 Percent
    08/18/2018
    Cases of livestock infections causing zoonotic diseases such as rabies, brucellosis, anthrax, foot and mouth disease and lumpy skin disease fell by 38% during the first four months of the current...
  • NZ Exporters Wary of Rising  US-Iran Trade Tensions
    08/18/2018
    New Zealand exporters are looking to worsening US-Iran relations with trepidation....
  •  Roads Ministry’s Debts to Contractors Top $1.9 Billion
    08/18/2018
    The Ministry of Roads and Urban Development’s debts to contractors have amounted to 187 trillion rials ($1.96 billion), a deputy roads minister said.  “Mechanisms suggested in the budget law for...
  • Non-Oil Trade Volume With Italy Up 40%
    08/18/2018
    Iran traded 371,876 tons of non-oil commodities worth $508.04 million with Italy during the first four months of the current fiscal year (March 21-July 22), registering a 40.12% growth in tonnage...

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