Iran Chamber Newsroom

Iran prepares 14 million flu shots amid coronavirus outbreak

The Iranian health ministry is preparing 14 million flu vaccine doses as part of its efforts to head off complications that might impact the healthcare system in the country in the autumn and winter if people simultaneously contract the flu and the COVID-19, the disease caused by the new coronavirus.

Society Economy

Small-scale farmers handle 86% of Iran’s agriculture

Around 86% of Iran’s agricultural activities are carried out by small-scale farmers and only a meager 14% are undertaken by large agricultural corporations that yield better harvests as well as higher economic profit.

Agriculture and Environment

Iran to link power grid to Russia, Azerbaijan

Iran, Russia and Azerbaijan are close to starting works on a project to link their power systems, shows a report, as Tehran seeks greater access to regional energy markets to export its surplus electricity.

Energy

Iran opens 7 new hospitals, total bed capacity reaches 141,000

President Hassan Rouhani has inaugurated seven new hospitals across Iran, a sign investment has kept flowing into the country’s health sector despite financial costs imposed on the government because of the spread of the coronavirus.

Society Economy

The Islamic Republic of Iran Shipping Line Group (IRISL) says revenues of the company topped $778 million in the year ending June 21 despite a series of harsh US sanctions seeking to choke off the country’s trade.

IRISL reports $778 million in revenues despite US sanctions

Transportation

Iran Airports Company registered 8,431 overflights during the month ending Aug. 21, which indicate a 15.57% increase compared with the previous month.

Flights over Iran airspace gradually increasing

Transportation

The Central Bank of Iran (CBI) says COVID-19, the disease caused by the coronavirus pandemic, was to blame for a 0.6-percent contraction in the country’s gross domestic product (GDP) without oil in the fiscal year quarter ending June 20.

Coronavirus caused Iran’s quarter GDP to shrink by 0.6%: CBI

Macro Economy

A total of 1.37 million tons of fruit and vegetable worth $425 million were exported from Iran during the first five months of the current Iranian year (March 20-Aug. 21).

Iran exports fruit, vegetable to 43 countries

Agriculture and Environment

A new wave of devaluation for Iran’s rial seems to have come to an end as the Central Bank of Iran (CBI) resumes rationing the US dollar while it dismantles price restrictions in two government-run exchange markets.

Rial regains as Iran’s CBI puts brakes on dollar

Financial Markets

Iran’s Ministry of Industry, Mine and Trade (MIMT) has removed exports tariffs for potato amid an oversupply in the country which is expected to intensify during the current harvesting season.

Iran temporarily removes exports tariffs for potato

Agriculture and Environment

Iran’s largest car manufacturer the Iran Khodro Company (IKCO) says its output increased by 45 percent in nearly six months since the start of the current calendar year in March.

Iran Khodro reports 45% surge in output in six months

Mine and Industry

An estimated 2.89 billion transactions worth 4,769.01 trillion rials ($20.7 billion) were processed via Shaparak in the fifth month of current Iranian year (July-22- August 21) showing 82.25% hike in the value of transactions compared to same period last year.

Iran electronic payment value up 82% YoY

Financial Markets

Figures by Iran’s customs office (IRICA) shows the country earned over $241 million from exports of various summer-grown fruits and vegetables in five months to late August.

Iran’s export of summer fruits, vegetables over $241m in five months

Agriculture and Environment

A four-hectare container terminal was inaugurated on Qeshm Island’s Free Trade Zone via videoconferencing by President Hassan Rouhani on Thursday.

New container terminal inaugurated on Qeshm island

Transportation

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.

Iran Chamber of Commerce,Industries, Mines and Agriculture

Djavad Salehi-Isfahani

Jorge Cachinero

Bangladesh ambassador to Iran visits ICCIMA

Iran Chamber of Commerce, Industries, Mines and Agriculture