Iran Chamber Newsroom

Iran reports over 400 new coronavirus deaths

Iran’s health ministry reported on Sunday 405 more COVID-19 deaths, raising the death toll of the pandemic in the country to 66,732.

Society Economy

Iran’s annual aluminum output climbed 61%

Iran’s aluminum production in the year to March rose 61% from the prior year to nearly half a million tons, according to a report by the country’s state-run metals and mining conglomerate IMIDRO.

Mine and Industry

Iran’s annual agrifood exports hit $6.1 billion

Iran saw the value of its agrifood exports increase by 7.2% in the calendar year to March 20 despite trade restrictions imposed at borders to contain the coronavirus pandemic.

Agriculture and Environment

Annual cargo transit through Iran at 7 million tons

Iran’s customs office (IRICA) says annual cargo transit through the country’s territory has reached a total of 7.000532 million metric tons, down only 67 tons against the previous year.

Transportation

South Korea’s PM: Iran’s frozen funds should be "quickly" returned

South Korea’s Prime Minister Chung Sye-kyun said Monday South Korea should "quickly" return $7 billion in frozen funds to Iran in the latest diplomatic gesture to resolve the impasse between the two sides.

Trade

Iran increases electricity prices for crypto miners

Iran’s Energy Ministry has revised its electricity pricing rules for cryptocurrency mining months after rising demand from miners caused power shortages in parts of the country over a cold winter season.

Energy

Grand Bazaar of Tehran shuts down amid fourth wave of coronavirus pandemic

Grand Bazaar of Tehran, a major hub for the country’s economy, has been closed for two weeks following the sharp rise in the number of COVID-19 cases across Iran.

Society Economy

Iran records highest daily death toll in 4 months

Iran reported 258 deaths from COVID-19 in the past 24 hours, the health ministry said on Sunday, the highest daily toll since early December, Reuters reported.

Society Economy

Iran, Afghanistan to build border bridge to boost trade

A memorandum of understanding has been signed between Iran and the neighboring Afghanistan for the construction of a border bridge to facilitate trade interactions between the two sides.

Trade

IMF predicts 2.5% rise in Iran’s GDP in 2021

The International Monetary Fund expects Iran’s economy to grow by 2.5% in 2021.

Macro Economy