Iran Chamber Newsroom

UN establishes financial channel for cash donations to help Iran flood survivors

The United Nations representative in Iran says the banking channel has been established as a result of efforts that were made at the highest levels of the international organisation’s leadership.

Macro Economy

Int’l aid for flood survivors trickles into Iran as US sanctions block cash donations

Several world countries have dispatched their aid supplies to the Iranian Red Crescent Society to be used for assisting those affected in the latest deadly floods. However, US sanctions haven’t allowed any foreign cash donation to be transferred to the Red Crescent accounts.

Macro Economy

Iran-Iraq joint business forum

Iraqi Prime Minister Adil Abdul-Mahdi, Iranian First Vice President Eshaq Jahangiri and ICCIMA President Gholam Hossein Shafei among other Iranian and Iraqi ministers took part in a joint business forum that was held on Sunday at ICCIMA HQ in Tehran.

Photo Gallery

Iran, Iraq solidify ties, explore ways to reach $20bn trade

Iraqi Prime Minister Adil Abdul-Mahdi chaired a joint business forum between Iran and Iraq that was held at the ICCIMA HQ in Tehran on Sunday. He believes there is a huge potential to reach the set target of 20 billion dollars in their annual trade volume.

Trade

Iraqi PM Abdul-Mahdi to visit Iran Chamber of Commerce

It’s the premier’s first official visit to Iran since he took office late 2018. The Iraqi official is set to hold talks with high-level Iranian officials and take part in Iran-Iraq joint economic committee. He will also visit Iran Chamber of Commerce.

Trade

Iran, Croatia sign MoU on private sector joint investment

The document was inked during a visit by Iranian Economy Minister Farhad Dejpasand to the East European country.

Trade

World countries rush to help Iran flood survivors despite US sanctions that impede intl. aid

Devastating floods have wreaked havoc and taken the lives of some 50 people in nearly 21 provinces of Iran. No international organisation can donate cash or non-cash humanitarian aid due to Washington’s restrictive measures. However, several states are trying to defy the US curbs.

Iran Economy

Iran exports 1.5m bpd of crude in March, highest since November sanctions

Latest data by Bloomberg tanker tracking service show Tehran oil exports in March hit 1.5 million barrels a day, the highest in last five months when the US reimposed economic sanctions in November.

Energy

Iraq needs three years on Iran power: parliament speaker

As Iraq is negotiating a third santions waiver from the US to keep importing Iranian energy, the country’s Parliament speaker is trying to make the message across that Washington grant the exemption.

Energy

Oil posts biggest quarterly rise since 2009 on OPEC cuts, sanctions

Oil prices rose some 1% to post the biggest quarterly rise in a decade. US sanctions on Iran and Venezuela as well as OPEC cuts have played big role in pushing global crude prices up.

Energy