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Iran Chamber Newsroom

Iran shuts 1,100 unlicensed crypto mining farms

Iran’s Power Generation, Distribution and Transmission Company (Tavanir) has shut 1,100 unlicensed crypto mining farms for illegally using subsidized electricity.

Energy

Aviation data show gradual growth for international flights in Iran

Latest data released by the Iran Airports Company (IAC) show that international air traffic in Iran is beginning to experience growth after the coronavirus outbreak brought a significant decline in the number of international takeoffs and landings in the country.

Transportation

NICICO sales grow 33% YoY

The National Iranian Copper Industries Company’s sales stood at 91.62 trillion rials ($409 million) during the first four months of the current Iranian year (March 20-July 21) indicating a 33.21% rise compared with the corresponding period of last year.

Mine and Industry

Iran Air resumes flights to Vienna

Iran’s flag carrier airline, IranAir, has resumed roundtrip Tehran-Vienna flights from August 15. The airline will offer flights to Austria’s capital on Saturdays and Wednesdays.

Transportation

Iran’s cigarette output to increase 200% by March 2021

The Iranian Tobacco Company (ITC) has extensive plans to boost output for cigarettes, shows a report, as demand for local brands surge amid lower imports and tighter controls on smuggling.

Mine and Industry

National Iranian Oil Company signs domestic contracts to develop eight oilfields

The National Iranian South Oil Company and Iran Central Oil Fields Company both subsidiaries of the National Iranian Oil Company signed contracts with 14 domestic oil and gas companies on Monday to develop eight oilfields.

Energy

Iran preparing legal action against South Korea for non-payment

The Central Bank of Iran (CBI) is preparing to lodge an official complaint against South Korea, says a report, as Seoul refuses to return Iranian funds blocked in the country allegedly to comply with US sanctions on Tehran.

Trade

Iran, Russia to launch shipping line in Caspian Sea

A permanent shipping line will be launched in the Caspian Sea with the aim of boosting marine trade between Iran and Russia, according to a member of the Iran-Russia Joint Chamber of Commerce.

Transportation

Iran-Afghanistan-Uzbekistan transit corridor launched

The pilot project of the Iran-Afghanistan-Uzbekistan transit corridor has become operational under the TIR system with two trucks starting transporting goods from Iran to Afghanistan and finally to Uzbekistan.

Transportation

Iran produces 10.5 million tires in Q1

Iranian tire manufacturers have produced 10.5 million tires in the first three months of the current Iranian year registering a 27 percent increase compared to the similar period last year, a report shows.

Mine and Industry

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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