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Financial Tribune

Iranian airline to launch Tehran-Lar-Muscat flights

Tehran-Lar-Muscat flights have been scheduled to run as of Sept. 27, according to director general of Larestan International Airport, located in the southern Fars Province of Iran.

Transportation

Iran’s four-month trade with Latin American states hit $136.9 million

Iran traded 157,935 tons of non-oil goods worth $136.95 million with Latin American countries in the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs Administration show.

Trade

Iran, Oman register significant rise in four-month bilateral trade

Iran and Oman traded $647 million worth of goods during the first four months of the current Iranian year (March 21-July 22) to register an 83% year-on-year growth, according to the head of Iran-Oman Chamber of Commerce.

Trade

Iran’s four-month trade with Caspian states hit $1.3 billion

Iran’s trade (excluding crude oil exports) with Caspian Sea littoral states stood at 2.45 million tons worth $1.34 billion during the first four months of the current fiscal year (March 21-July 22), according to the Islamic Republic of Iran Customs Administration.

Trade

Third Iranian airline operates flights between Tabriz, Istanbul

Caspian Airlines has launched direct flights between Tabriz, the capital of East Azarbaijan Province, and Istanbul, Turkey.

Transportation

Official report puts Iran’s inflation rate at 41.5%

The average annualized inflation in the fifth month of the current Iranian year (July 23-Aug. 22) was at 41.5%, the Statistical Center of Iran announced in its latest report released on Tuesday.

Macro Economy

Iran’s four-month exports to Iraq decline by 15% to $2.39 billion

Iran’s exports to Iraq during the first four months of the current Iranian year (March 21-July 22) registered a 15% decline compared with the similar period of last year.

Trade

Iran’s Q1 trade with Latin American states at $55 million

Iran traded 17,703 tons of non-oil goods worth $55.76 million with Latin American countries in the first quarter of the current fiscal year (March 21-June 21), latest data released by the Islamic Republic of Iran Customs Administration show.

Trade

Iran’s iron ore pellet output hits 12.7 million tons in four months

The iron ore pellet output of local steel mills stood at 12.78 million tons in the first four months of the current fiscal year (March 21-July 22), registering a 7% rise in output compared with the same period of last year, new data released by the Iranian Steel Producers Association show.

Mine and Industry

World Bank says Iran continued gradual recovery in fiscal 2021-2022

Iran’s economy has continued its gradual recovery in 2021-22, following the rebound in domestic and external demand, reads the latest executive summary of World Bank’s new publication Iran Economic Monitor.

Macro Economy

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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