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Iran Chamber Newsroom

2.5 billion barrels added to Iran’s oil, gas reserves in one year

Deputy Iranian Oil Minister Mohsen Khojastehmehr has said that with the new exploration projects, as much as 2.5 billion barrels has been added to Iran’s oil and gas reserves in the calendar year that will come to an end within the next few days.

Energy

Iran ranks 9th in global steel production ranking in January

The latest report by World Steel Association (WSA) suggests that Iran’s steel output in January 2024 has grown 39.9% year-on-year, putting the country at the ninth place of global ranking among top steel producers.

Mine and Industry

ICCIMA Board of Representatives convenes in Tehran

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Board of Representatives convened in Tehran, Iran, March 10, 2024.

Photo Gallery

“Iran’s GDP can triple in medium term”

Vice-President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammadreza Bahraman believes Iran has the potential to triple its GDP in the medium term.

Iran Chamber

Iran Chamber of Commerce seeks to launch investment agencies abroad

Vice President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Qadir Qiafeh has said the ICCIMA plans to launch “investment and trade promotion agencies” in target countries.

Iran Chamber

Iran’s monthly PMI registers major surge

Iran’s new PMI data for the fiscal month of Bahman (January 21, 2023 – February 19, 2024), released by the country’s Chamber of Commerce, has registered a significant growth.

Macro Economy

Iran, Vietnam urged to launch direct flight

Vice-President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Qadir Qiafeh has stressed that the establishment of direct flights between Iran and Vietnam is regarded as the main step to increase the level of trade cooperation.

Iran Chamber

Iran to rise next year wages based on expected inflation

Head of Iran’s Planning and Budget Organization Davoud Manzour has said that the government plans to determine next year wages based on expected inflation.

Macro Economy

Iran, Iraq discuss developing shared oil fields

Iranian Oil Minister Javad Owji and his Iraqi counterpart Hayyan Abdul Ghani has discussed a wide range of issues, including the development of oil fields shared by the two neighboring countries.

Energy

Iran-China trade improving after 10-year slump: Businessman

Noting that the volume of trade between Tehran and Beijing has declined since a record high in 2014, Majidreza Hariri, the chairman of Iran-China Joint Chamber of Commerce, said that trade exchanges between the two countries are on an upward trajectory once again.

Local Chambers

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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