Financial Tribune | Iran Chamber Newsroom

Iran eyes 15m tons of steel export per year

Irans Industries, Mining and Trade Minister Mohammad Reza Nematzadeh said the government is targeting 15 million tons/year of steel exports during the sixth five-year development plan (ending March 2022), the Iranian Steel Producers Association announced.

Trade

Private investment in transport infrastructure up 70%

Private investment in Irans transportation infrastructures has grown 70% from the fiscal 20015-16 to reach 71 trillion rials ($1.9 billion) in the last Iranian year (ended March 20, 2017), a deputy minister of roads and urban development said.

Transportation

Tehran Stock Exchange welcomes Rouhanis election

The stock market acts like the economy’s barometer. From a slight movement in a company’s balance sheet to international stimuli, it detects and reacts to them all, whether they are already in motion or in the making.

Financial Markets

Iran, India step up a gear in Chabahar Port

India says the agreement for Chabahar Port is finalized and a global port company has been formed.

Macro Economy

Iran business delegation visits Vietnam

An Iranian delegation consisting of 20 Iranian businessmen, including President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei, visited Vietnam on a trade mission to seek ways of improving business relations with the southeastern Asian country.

Trade

Iran, Boeing sign $3B deal for 737 Max planes

Iran Aseman Airlines has signed a memorandum of agreement with the American planemaker Boeing to purchase 30 B737-Max passenger jets worth $3 billion based on catalogue prices with the option of adding 30 more in the future.

Transportation

Call for enhanced Iran-Azeri trade

Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said the level of economic cooperation between Iran and Azerbaijan is low in view of the two sides capacities, calling for a tenfold rise in bilateral trade.

Trade