Iran Chamber Newsroom

Iran launches open market operation, aims at regulating capital flow

Iran has started implementation of open market operation (OMO) policies in its banking system as it seeks control over the capital flow in the country.

Financial Markets

Iran Air to restore flight services to Rome

Iran’s flag carrier Homa has announced that it is restoring a flight service between Tehran and Rome after the Italian government banned flights by Iran’s second largest airline Mahan Air in December.

Transportation

Iran temporarily bans imports of meat due to oversupply

Authorities have imposed a temporary ban on imports of meat into Iran as the country faces an acute oversupply despite a growing wave of smuggling into neighboring countries.

Agriculture and Environment

China urges US to ‘immediately halt’ sanctions on Chinese firms with Iran ties

China on Monday called for the US to “immediately halt” sanctions on Chinese companies for maintaining business ties with Iran amid heightened tensions between Washington and Tehran.

Trade

Iran’s metals industry already sanctioned, new sanctions irrelevant: Traders

Mine and Industry

Doha welcomes expansion of economic ties with Tehran: Qatari Emir

Trade

Iran’s flag carrier airline Homa, known internationally as Iran Air, says flights to Sweden will be restored once Swedish authorities remove a temporary ban that came following a major plane crash in Iran on January 8.

Iran Air to resume flights to Sweden as soon as bans dropped

Transportation

Iran and Vietnam are considering signing a preferential trade agreement in order to boost mutual trade to a new level of $2 billion.

Iran, Vietnam eye preferential trade agreement

Iran Chamber

Tehran stocks made a U-turn at the start of trade on Saturday after sharp losses last week. The TSE’s main index TEDPIX gained 6,000.14 points, or 1.70%, on Saturday to end trading at 359,807.1.

Tehran Stock Exchange makes u-turn, climbs 1.7%

Financial Markets

Iran admitted it accidentally shot down a Ukrainian jetliner that it mistook for a threat during hostilities with the U.S.

Iran plane crash: Iran admits it shot down jet ‘unintentionally’

Transportation

Iran’s exports of various steel products increased by nearly a quarter in the eight-month period ending in late November 2019, a report shows.

Iran’s steel exports up by %23.5 YoY in November

Mine and Industry

Oil prices jumped to their highest in months on Wednesday after Iran attacked American forces in Iraq in response to a U.S. strike that assassinated an Iranian general last week, raising the specter of a spiraling conflict and disrupted oil supplies.

Oil jumps as Iran rockets strike US bases in Iraq

Energy

A number of Iranian airline companies have started talks to lease second-hand aircraft, reports in the Iranian media show, amid a shortage in the fleet that has come as a result of the American sanctions on the country.

Iranian airlines negotiating to lease aircraft

Transportation

Persian Gulf stocks fell sharply in early trade on Sunday, led by Kuwaiti shares, on escalating tensions between the United States and Iran.

Persian Gulf stocks fell in reaction to assassination of General Soleimani

Financial Markets

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.