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Iran Chamber Newsroom

Domestic investor to build new terminal at Imam Khomeini Airport (IKA)

Iran will soon sign the contract to build a new terminal at the Imam Khomeini Airport (IKA) in Tehran to handle 25 million passengers a year, an official says.

Transportation

Central Bank of Iran pledges $4.5 billion in cheap loans to SMEs

Central Bank of Iran (CBI) has pledged to provide cheap loans worth $4.5 billion to small and medium-sized enterprises (SMEs) in the fiscal year to March as the government seeks to help the SMEs gain a better share of the business and economic activity in the country.

Mine and Industry

Iran gov’t increases guaranteed purchase prices for tea by 45%

Iranian government has set its guaranteed purchase price for tea at 66,900 rials ($0.3) for top-quality tea leaves and 47,810 rials ($0.2) for other varieties in this year’s harvest, both showing a 45% increase compared with last year’s prices, according to the head of Iran Tea Organization.

Agriculture and Environment

Iran receives its largest Covid-19 vaccine shipment

The Iranian Red Crescent Society (IRCS) on Sunday imported the largest cargo of Covid-19 vaccines to the country.

Society Economy

Iran reports 18,698 new virus cases, 2,534,855 in total

Iran on Sunday reported 18,698 new COVID-19 cases, taking the country’s total infections to 2,534,855.

Society Economy

Iran, Turkey to revise 2015 preferential trade agreement

Iran and Turkey are negotiating to revise a major trade deal signed six years ago as the neighbors seek to offset trade losses suffered in recent years because of the US sanctions on Iran and the spread of coronavirus pandemic.

Trade

Iranian vaccine manufacturer receives 2nd batch of equipment

Iran’s SETAD has taken delivery of a second batch of equipment needed for mass production for its Coviran Barekat coronavirus vaccine as the industrial conglomerate plans to scale up manufacturing to 25 million doses per month.

Society Economy

Iran 10th in world steel output in Q1 2021

Iran ranked 10th in the global steel output in the first quarter this year, says a report by the country’s state-run metals and mining conglomerate IMIDRO citing figures from the World Steel Association (worldsteel).

Mine and Industry

Iraq, top destination for Iranian goods among neighbors

Figures by the Iranian customs office (IRICA) show that Iraq has been the country’s top export destination in the calendar year to late March.

Trade

Iran gov’t increases price for wheat purchase from local farmer

The Iranian government has announced its guaranteed purchase price for locally produced wheat for the upcoming harvest season ending in August as it seeks to encourage nearly one million wheat farmers to expand their cultivation area for the key crop.

Agriculture and Environment

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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