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Iran Chamber Newsroom

Tehran Stock Exchange makes u-turn, climbs 1.7%

Tehran stocks made a U-turn at the start of trade on Saturday after sharp losses last week. The TSE’s main index TEDPIX gained 6,000.14 points, or 1.70%, on Saturday to end trading at 359,807.1.

Financial Markets

Iran plane crash: Iran admits it shot down jet ‘unintentionally’

Iran admitted it accidentally shot down a Ukrainian jetliner that it mistook for a threat during hostilities with the U.S.

Transportation

Oil jumps as Iran rockets strike US bases in Iraq

Oil prices jumped to their highest in months on Wednesday after Iran attacked American forces in Iraq in response to a U.S. strike that assassinated an Iranian general last week, raising the specter of a spiraling conflict and disrupted oil supplies.

Energy

Persian Gulf stocks fell in reaction to assassination of General Soleimani

Persian Gulf stocks fell sharply in early trade on Sunday, led by Kuwaiti shares, on escalating tensions between the United States and Iran.

Financial Markets

Oil prices surge 4% after assassination of General Soleimani

Oil prices moved higher Friday after a top Iranian general was assassinated in a US airstrike ordered by Donald Trump.

Energy

‘Soleimani national hero, his assassination unforgivable crime’

Iran Chamber of Commerce has denounced General Ghasem Soleimani’s assassination by the United States, calling it an “unforgivable crime”.

Iran Chamber

Iranian airlines transported over 35 million passengers in eight months

Iran Airports Company (IAC) registered transportation of more than 35.31 million passengers during during the first eight months of the current Iranian year (March 21-Nov. 21).

Transportation

Iran to expand rail network by 1,500km in two years

Iran will further expand its railway network by 1,500 kilometers in the next two years. The new projects would increase the length of Iran’s railway network to over 16,000 kilometers, on par with countries like Kazakhstan and Spain and high in the list of 20 countries in the world in terms of the length of the railways.

Transportation

Iran petrochemical revenues will rise 47% in two years: Rouhani

Annual petrochemical revenues are expected to reach $25 billion in 2021, President Hassan Rouhani announced on Monday addressing investors and businesses involved in the petrochemical industry in Tehran.

Energy

Demand for Iran’s copper outpaces supply despite US sanctions

The CEO of the National Iranian Copper Industry Company (NICICO) has said that for a first time in the country’s history the sector is facing a higher demand than current supply and output levels despite a series of American sanctions that seek to stifle Iran’s lucrative trade of metals.

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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