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Iran Chamber Newsroom

Iran’s birth rate declines to 1.8 despite gov’t plans to raise fertility level

The number of births in Iran fell to one of its lowest in 8 years in year to March 2020 as economic problems in the country have dented government efforts to encourage new births.

Society Economy

Mobile broadband available to over 91% of population in Iran

Iran’s telecoms ministry says access to mobile broadband in the country has increased exponentially over the past seven years to cover 91.07% of the population.

Modern Enterprise

Dollar tumbles in Iran over Trump defeat predictions

The American dollar has fallen by around a fifth against the Iranian rial as people flock to the markets to sell their currency savings amid fears that change of government in the United States elections might strengthen the rial.

Financial Markets

Iran railroad to connect Afghanistan to Europe via Khaf-Herat project

Iran has connected its eastern rail network to Afghanistan through the Khaf-Herat project which once completed would connect Afghanistan to Turkey and Europe.

Transportation

Iran exports down nearly a quarter in 7 months due to pandemic

The Iranian customs office IRICA says exports declined by nearly a fourth in the seven months ending late October as closures meant to curb the spread of the coronavirus pandemic hit the country’s non-oil trade.

Trade

Dollar down in Iran in run-up to US votes

The Iranian rial has risen more than seven percent against the US dollar as investors keep betting on the result of the Tuesday presidential elections in the United States.

Financial Markets

Iran shuts down businesses in 43 counties excluding Tehran

Iran’s National Coronavirus Taskforce shut down non-essential businesses in 43 counties with extremely high Covid-19 transmission rates for one week to slow the spread of a third wave of infections.

Society Economy

US announces new sanctions against Iran, targets Oil Minister Zangeneh

The administration of US President Donald Trump has imposed a fresh round of sanctions on a number of Iranian individuals and entities affiliated with the Islamic Republic’s oil sector, including Minister of Oil Bijan Zangeneh.

Energy

Iran sanctions won’t hit Chabahar, US reassures India

An Indian newspaper says the United States has offered fresh assurances to India that its involvement in the Iranian port of Chabahar would not be affected by Washington’s sanctions on Iran.

Transportation

Iran to use cryptocurrencies to fund imports, bypass US sanctions

The Iranian government has amended its regulations on cryptocuurencies to allow them be exclusively used for funding imports at a time of increased pressure on the country’s normal use of hard currencies.

Financial Markets

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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