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Press TV

Iran’s steel output rises despite global fall

Iran’s steel output rose in the seven months to July despite a global fall in production and despite power cuts imposed on steel producers in the country this summer.

Mine and Industry

All of President Pezeshkian’s ministerial picks win parliament’s vote of confidence

The Iranian parliament (Majlis) has ended the debate on nominees for the country’s new cabinet and approved all of President Masoud Pezeshkian’s 19 cabinet picks.

Macro Economy

Wheat production nearly doubled in some Iranian provinces

Wheat production has risen by up to 100% in some Iranian provinces thanks to bumper harvest and price incentives offered to farmers.

Agriculture and Environment

Iran’s subsidized imports at over $27 in less than five months

The Central Bank of Iran (CBI) says it has subsidized more than $27 billion worth of imports into the country in less than five months since the start of the calendar year on March 20.

Iran Economy

Iran’s exports of hand-woven carpet grow by 12% in 4 months

Iran’s exports of hand-woven carpets have picked up again after years of slump as authorities say that an easing of exports restrictions is helping the country regain its dominant position in the international markets.

Mine and Industry

Iran’s inflation rate eases 0.6% to 35.5% in month to late July

Iran has reported a further drop in its annual inflation rate amid better government controls on basic good supplies and tighter monetary rules.

Macro Economy

Iran’s agriculture output rose 19% in year to March: Minister

Iran has managed to increase its agricultural output by nearly a fifth in a year amid growing efforts to cut back on imports of basic goods and to increase the added value in the country’s agriculture sector, according to Minister of Agricultural Jihad.

Agriculture and Environment

Iran eyes 1.7 million car output this year: Minister

Iran’s industry minister Abbas Aliabadi says car output in the country will reach 1.7 million units in the current calendar year which ends on March 20, 2025.

Mine and Industry

Iran reports major rise in exports to Iraq in Q1 calendar year

Iran has reported a major a rise in exports to neighboring Iraq in the first quarter of the calendar year.

Trade

Iran rejects lack of access to unfrozen funds in Qatar

Iran has rejected a report that says the country had been barred from accessing its $6 billion funds recently unfrozen and transferred to Qatari banks.

Financial Markets

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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