Iran Chamber Newsroom

Iran-Eurasia rail corridor to begin operating within 10 days

A working group on launching the rail corridor between Iran and Eurasia has set April 15 as the inauguration date for the corridor.

Transportation

Major surge in Iran’s international air travels

International air travels to and from Iran have nearly tripled in fiscal 2021-2022, according to Caretaker of Iran Airports Company Hamidreza Seyyedi.

Transportation

Iran makes biggest growth among top 10 world steelmakers

Iran has made the biggest growth in steel production among the world’s top ten steel producers in the first two months of 2022.

Mine and Industry

Major Iranian automakers plan to increase output in Persian new year

Two major Iranian automakers – Iran Khodro Company (IKCO) and Saipa Group – say they have plans to increase their output during the Persian new year which began on March 21.

Mine and Industry

Dubai’s monthslong Expo 2020 comes to an end

The pandemic-delayed Expo 2020 in the United Arab Emirates closed on Thursday (March 31) after it ran for six months since the opening ceremony on October 1, 2021.

Macro Economy

Foreign investment in Iran nearly doubled YOY

Foreign investment in Iranian industry, mine and trade areas in the first 11 months of the past Iranian calendar year (March 21, 2021 – February 19, 2022) has grown 91.4% in comparison to the preceding year’s corresponding period, according to latest figures released by the Ministry of Industry, Mine and Trade.

Mine and Industry

Iran to overhaul its oldest refinery

The first phase of an overhaul project of the Middle East’s oldest refinery will be carried out by the end of the first half of the current Iranian calendar year (September 22), according to the contractor of the project.

Energy

Iran’s condensate exports surge to 240,000 bpd

Iran’s oil minister Javad Owji says condensate exports from the country has reached nearly 240,000 barrels per day (bpd) at the end of the calendar year to March 20.

Energy

Iran exports COVID-19 vaccine to Nicaragua

Iran has started exports of coronavirus vaccines with the first batch containing 200,000 doses been shipped to Nicaragua.

Society Economy

Iran private sector eyes boosting presence in Russia’s market amid sanctions

A senior member of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Amir Abedi says that as the war between Russia and Ukraine continues, Iran needs to make careful planning to respond to the needs of the Russian and Eurasian markets.

Trade