Iran Chamber Newsroom

Bushehr nuclear power plant back on grid after repair works

Iran’s state electricity company Tavanir has resumed using supplies from the country’s only nuclear power plant some 11 days after it went off grid due to repair works.

Energy

Six large factories come online across Iran, over 800 jobs added

Several new factories have come on line in Iran as the country boosts its manufacturing activity to add more jobs along with plans to diversify the economy away from crude.

Mine and Industry

Iran to return to oil markets as soon as sanctions lifted: Zanganeh

Iranian Oil Minister Bijan Zanganeh said on Friday he told an OPEC+ meeting that Iran would return to the markets swiftly if U.S. sanctions are lifted, regardless of decisions made by the producer group.

Energy

Iran approves Pasteurcovac COVID-19 vaccine for emergency use

Iranian health ministry has approved a second COVID-19 vaccine developed and manufactured inside the country for emergency use.

Society Economy

Iran reports 12,351 new COVID-19 cases, 3,180,042 in total

Iran on Monday reported 12,351 new COVID-19 cases, taking the country’s total infections to 3,180,042.

Society Economy

100 companies to partake in Eurasia Expo 2021 in Tehran

The first exclusive exhibition of Eurasian Economic Union member states, also known as “EURASIA EXPO 2021”, is scheduled to be held at Tehran’s International Fairgrounds from July 9 to 12.

Trade

Iran’s GDP could grow by 3.5% this year if JCPOA revived: IIF

The Institute of International Finance (IIF) has estimated that Iran’s economy will continue to grow by a modest rate of 3.5% this year if the country and world powers succeed in talks to revive a 2015 nuclear deal.

Macro Economy

Armenia Airways to launch Yerevan-Tabriz flights

Armenia Airways will launch Yerevan-Tabriz flights as of July 1.

Transportation

Iran starts making Russia’s Sputnik-V vaccine

An Iranian pharmaceutical company has started manufacturing Russia’s flagship coronavirus vaccine as a top official defends protectionism applied to government’s vaccine supply policy which barred foreign manufacturers from launching clinical trials in Iran.

Society Economy

Iran reports 69% surge in non-oil exports yoy in quarter to June

June quarter figures by Iran’s customs office IRICA shows that the country raised its exports of non-oil goods over the period by over two thirds compared to the same quarter in 2020.

Trade