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Iran Chamber Newsroom

Iran’s new PMI indicates further contraction in economy

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Mordad (July 20 – August 21, 2024) which is below the threshold for a fourth consecutive month.

Macro Economy

ICCIMA president accompanying President Pezeshkian in Iraq visit

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh, left Tehran for Baghdad on Wednesday, accompanying President Masoud Pezeshkian in his visit to Iraq.

Iran Chamber

Iran minister of economy vows close cooperation with private sector

Iran’s new Minister of Economy Abdolnaser Hemmati has pledged that the ministry will pursue close cooperation with the country’s private sector.

Iran Chamber

Board members of Iran Chamber of Commerce at IRAN PLAST 2024

The board members of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) toured the 18th edition of the Iran International Exhibition of Plastic, Rubber, Machinery, and Equipment, entitled "IRAN PLAST 2024" on September 9, 2024. IRAN PLAST, which is regarded as the biggest exhibition event of the Iranian petrochemical industry, opened in the capital Tehran a day earlier.

Photo Gallery

Iran’s monthly renewable power generation grows 23% YOY

Iran has generated as much as 264 million kilowatts of renewable energy in the calendar month to late August, according to official data.

Energy

Iran Chamber of Commerce to host trade forum with Burkina Faso

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) will host a trade forum to explore economic opportunities between Iran and Burkina Faso.

Iran Chamber

Iran’s gasoline consumption hits new high amid summer vacations

Iran has registered new highs in gasoline and gasoil consumption as inter-city trips have increased since the beginning of the last month of summer vacations on August 22.

Energy

President Pezeshkian says Iran needs economic surgery

Iranian President Masoud Pezeshkian has stressed that in order for the country to get out of the current situation, an economic surgery is needed.

Iran Economy

Iran orders 42 bulk carriers to China’s COSCO Group

China’s COSCO Shipping Group has concluded the contract with domestic Iranian companies for the construction of 42 bulk carriers, valued at more than $2 billion.

Trade

Iran plans to produce 5,000 EVs by March 2025

Iran has plans to produce 5,000 electric and hybrid cars by the end of the calendar year to late March 2025, according to an official with the Ministry of Industry, Mine and Trade (MIMT).

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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