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Tehran Times

Nearly 1.76m affordable housing units under construction across Iran

Transport and Urbana Development Minister Mehrdad Bazrpash announced that 1.759 million units of the National Housing Movement plan are under construction across the country.

Macro Economy

Iran’s non-oil exports to UAE hit $2.3 billion in five months

Iran exported non-oil commodities valued at $2.3 billion to the United Arab Emirates (UAE) during the first five months of the current Iranian calendar year (March 21-August 22), the Islamic Republic of Iran Customs Administration (IRICA) announced.

Trade

Tehran, Istanbul private sectors call for joint cooperation

In a meeting between an Iranian trade delegation from the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) with the deputy head of the Istanbul Chamber of Commerce (ICOC), the two sides called for improving mutual cooperation.

Local Chambers

Iran launches direct shipping line to India’s Nhava Sheva Port

The Islamic Republic of Iran Shipping Lines (IRISL) has launched a direct container shipping line from Shahid Beheshti Port in southeastern Chabahar to India’s Nhava Sheva Port, MANA reported.

Transportation

Armenia seeking access to Arab markets, India through Iran

Armenia is seeking to export its goods through Iran to the Arab countries of the region and India, as the country is trying to also increase trade with the Islamic Republic, Fars News Agency reported citing ARMENPRESS.

Trade

Iran exports over $4.6 billion worth of non-oil goods to China in 4 months

Iran exported non-oil commodities valued at $4.644 billion to China during the first four months of the current Iranian calendar year (March 21-July 22), the Islamic Republic of Iran Customs Administration (IRICA) announced.

Trade

Four-month transit of goods via Iran rises 33% YOY

Transit of commodities through Iran has posted a 33% year-on-year growth during the first four months of the current Iranian calendar year (March 21 – July 21), the Ministry of Road and Urban Development announced.

Transportation

Iranian oil production up 37,000 bpd in Q1: OPEC

In its latest report, the Organization of the Petroleum Exporting Countries (OPEC) announced the increase of 37,000 barrels per day (bpd) of Iranian oil production in the first quarter of 2023, and announced the average price of Iranian heavy oil in this period at $80.67.

Energy

Iran, Iraq agree to complete Shalamcheh-Basra railway

During a meeting between Iranian Transport Minister Mehrdad Bazrpash and his Iraqi counterpart Razak Muhibis Al-Saadawi in Tehran, the two sides made an agreement on the completion of Shalamcheh-Basra railway.

Transportation

Iran’s oil production up 20,000 bpd MOM

Iran’s oil production increased by 20,000 barrels per day (bpd) in February from January, the International Energy Agency (IEA) announced in its latest monthly report.

Energy

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.

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