Iran Chamber Newsroom

Iran Air to resume flights to Amsterdam

Iran’s national flag carrier, Iran Air, will resume its flights to the Dutch capital Amsterdam on May 14.

Transportation

Iran’s Chadormalu steel mill sets all-time output record

Daily crude steel output at a major Iranian mill has reached an all-time high of 3,887 metric tons, a sign that the industry is working despite being hit by US sanctions.

Mine and Industry

China remains Iran’s top trade partner despite virus surge

Iran’s foreign non-oil trade stood at $3.58 billion in the month ending April 19, indicating a 27% decline compared with the same period of last year but China still remains to be the country’s biggest trade partner despite the surge in the coronavirus pandemic.

Trade

Tehran Stock Exchange hits record high of 1,000,000 points

Tehran Stock Exchange (TSE) kept rising on Saturday to highs never seen before as the main index of shares moved beyond 1,000,000 points.

Financial Markets

Iran gained nothing from Swiss humanitarian channel: Report

A new report published in the American media shows a Swiss trade channel much publicized by Washington as a secure way of delivering humanitarian assistance to Iran at a time of sanctions has failed to process any single deal on Iranian medicine imports.

Trade

Iran to launch five new free trade zones

The Iranian parliament has approved plans for launching five new free trade zones (FTZ) in north and east of the country.

Trade

Iran records lowest daily coronavirus death toll in 11 weeks

Iran said Friday there was "a relative downward trajectory" in the coronavirus pandemic fatalities as it reported 55 deaths, the lowest daily count in 11 weeks.

Society Economy

Russia decries US obstruction of Iran’s IMF loan request

A senior Russian diplomat has slammed the US for obstructing a loan by the International Monetary Fund (IMF) to Iran and Syria to help them in their fight against the coronavirus pandemic.

Macro Economy

Iran parliament approves plan to cut four zeros from currency

Iran’s parliament has passed a bill allowing the government to slash four zeros from the rial.

Macro Economy

Iran, Iraqi Kurdistan reopen border for trade

Trucks lined up at the Iraqi Kurdistan and Iranian border as it partially reopened for trade on May 3, weeks after it was shut to curb the spread of the coronavirus.

Trade