Iran Chamber Newsroom

Iran to become a shareholder of NDB Bank

Governor of the Central Bank of Iran (CBI) has said that the country plans to become a member and shareholder of the New Development Bank (NDB), formerly referred to as the BRICS Development Bank.

Financial Markets

20 Iranian companies attend GITEX Global 2024

Some 20 Iranian companies have participated in GITEX Global 2024.

Iran Economy

Iran awards first railway infrastructure contract to private investor

Iran has awarded a first contract to the private investor for the development of its railway infrastructure amid plans to expand the country’s rail freight transport market.

Transportation

Iran reports 12% growth in non-oil exports to Russia in six months

The value of Iran’s non-oil exports to Russia in the first half of the Iranian calendar year (March 20 – September 21) has seen a 12% year-on-year increase, according to a report by the Islamic Republic of Iran Customs Administration (IRICA).

Trade

Iran explores expansion of transit with Russia under TIR Convention

Iran Chamber

Managing general of the National Iranian Gas Company (NIGC) has underscored the role of Russia and Iran, as the first two countries in terms of having the largest world gas reserves, in meeting energy needs of the region and the whole world.

Official highlights Iran, Russia’s role in meeting global energy needs

Energy

Iran has exported some $2.054 million worth of cars in the six calendar months to late September, according to a recent report.

Report puts Iran’s six-month car exports at $2 million

Mine and Industry

Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin and his Russian counterpart Elvira Nabiullina have discussed banking and monetary cooperation between the two neighboring countries.

Governors of Iran, Russia central banks discuss monetary cooperation

Financial Markets

‘Iran-Tajikistan trade more than doubled in three years’

Trade

Iran Chamber of Commerce to set up a pavilion at FIHAV 2024

Iran Chamber

Iran is importing no wheat three years after it used to import 7 million tons of the crop, according to a senior official with the Ministry of Agricultural Jihad (MAJ).

Official says Iran has imported no wheat this year

Agriculture and Environment

If the export barriers are removed, Iran can earn $1.5 to $2 billion by exporting pistachios, as announced by the head of the Iran Pistachio Association.

’Iran’s annual pistachio exports could hit $2 billion’

Agriculture and Environment

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Shahrivar (August 22 – September 21, 2024) which indicates contraction in economic activities for a fifth consecutive month.

Iran’s PMI shows contraction in economic activities for fifth month in a row

Macro Economy

Hassan Abbaszadeh, the caretaker of the National Iranian Petrochemical Company (NIPC) has said that Iran’s annual output of petrochemical products is projected to rise to as much as 131 million tons by the end of the country’s 7th five-year development plan.

Iran’s petrochemical output to hit 131 million tons

Mine and Industry

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.

Reliable news on Iran economy - affiliated with the Iran Chamber of Commerce

ICCIMA Board of Representatives convenes in Tehran

Iran Chamber of Commerce, Industries, Mines and Agriculture