Economy growth

World bank puts Iran’s economic growth in 2023 at 4.2%

The World Bank (WB) in its latest report put Iran’s economic growth in 2023 at 4.2 percent, which is twice higher than…

World Bank: Iran successful in curbing inflation, stabilizing currency market

The World Bank says Iran’s economy has continued to grow for the fourth consecutive year, highlighting the success of…

Official: FTA between Iran, EAEU will lead to increase in industries’ profitability

An official at the Iran-Russia Joint Chamber of Commerce said the profitability of industries in Iran will improve…

Iran’s Non-Oil exports exceed $32 billion in 8 Months

Ninety million tons of non-oil products, valued at more than $32 billion, were exported from Iran in the first eight…

Monthly Report: 12 Million Tonnes of Commodities Traded on IME

In the month ending on 21 November 2023, the Iran Mercantile Exchange (IME) facilitated the trade of over 12.2 million…

Report of international institutes on economic growth and improvement of governance in Iran

By presenting separate reports, the World Bank and the International Monetary Fund announced the improvement of three…

Iran’s foreign trade hits $54.6 billion in 6 months

The president of the Islamic Republic of Iran Customs Administration (IRICA) put the country’s foreign trade value in…

Iran’s oil exports hit 4-year high

Iran's crude exports of about 1.5 million barrels per day (bpd) stand at their highest in more than four years, with…

Iran’s steel exports up 36% in y/y in March-Jun

Iran’s exports of steel rose significantly in the four months to late July this year, with China being responsible for…

Iran will attract $6.7bln foreign investment in May 2023 EXPO Event

Foreign companies and governments committed to some $6.7 billion worth of investment in Iran during an investment…