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Iran to supply 40 gas turbines to Russia

Iran has signed a contract with Russia to supply it with 40 turbines to help its gas industry amid Western sanctions, Shana news agency reports.

Energy

Official report puts Iran’s September inflation at 42.9%

The Iranian government’s statistics agency has reported a slight increase in the country’s inflation rate in the calendar month to September 22.

Macro Economy

21.7% of Iranian steel exports bound for Iraq in six months

Iraq was the largest customer of Iran’s overseas steel shipments in the six months to September 22, according to figures by Iran’s state-run mining and metals holding IMIDRO.

Mine and Industry

Iran’s H1 aluminum output grows 22.5% YOY

Iranian aluminum smelters have reported a major surge in their output in the first half of the calendar year starting late March, according to figures by Iran’s state metals and mining holdings IMIDRO.

Mine and Industry

Iran’s annual agricultural output at 57.5 million metric tons

Iran’s agricultural output reached a total of 57.5 million metric tons (mt) from some 12 million hectares of farmlands over the calendar year to late March.

Agriculture and Environment

Iran expects huge olive harvest this year

Iran’s agricultural output reached a total of 57.5 million metric tons (mt) from some 12 million hectares of farmlands over the calendar year to late March, according to figures by the Statistical Center of Iran (SCI).

Agriculture and Environment

Iran begins processing its oil in Venezuelan refinery

A first oil refinery processing Iranian crude oil outside of the country has started operations, according to a statement by the Iranian Oil Minister Javad Owji who says the project in Venezuela will be replicated in other parts of the world.

Energy

Iran, Kazakhstan agree to revive oil swap deal

Iran has agreed to resume an oil swap deal with Kazakhstan some 10 years after the deal stalled due to technical and political problems.

Energy

Belarusian delegation seeking oil cooperation with Iran

Iran is in discussions for supplying raw material, equipment and technology needed in the petroleum sector in Belarus amid growing economic ties between the two countries.

Energy

Iran’s imports of basic goods decline 29% YOY

Iran has cut back on imports of grains amid rising inventories that have been boosted by a higher domestic crop, according to figures by Iran’s Government Trading Corporation (GTC).

Trade

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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