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electricity

Iran increases electricity prices for crypto miners

Iran’s Energy Ministry has revised its electricity pricing rules for cryptocurrency mining months after rising demand from miners caused power shortages in parts of the country over a cold winter season.

Energy

US extends Iraq’s waivers to import Iran electricity, gas

The United States Thursday granted Iraq a 30-day waiver to keep importing Iranian gas despite American sanctions.

Energy

US renews Iraq sanctions waiver for Iranian gas, electricity imports

The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies.

Energy

Iran govt. recognises cryptocurrencies, gives green light to digital coin mining

The Iranian government has recognised cryptocurrencies and mining as an industry, says finance minister following years of deliberation over how to regulate this emerging and widely popular business in the country.

Financial Markets

Iraq sets up SPV to buy Iranian power in wake of US sanctions: Report

AFP is reporting that a dinar-based account in Trade Bank of Iraq is supposed to be used to pay for Iranian energy in return for Tehran’s humanitarian purchases.

Financial Markets

US grants energy-hungry Iraq new Iran sanctions waiver: Reports

According to reports, Washington has given Baghdad a 90-day sanctions waivers to keep buying Iranian gas and electricity to meet summertime peaks of demand.

Energy

Iraq not seeking to substitute Iranian gas, electricity: Ambassador

The Iraqi envoy to Iran says although there are substitutes for Iranian energy, Baghdad maintains committed to imports from Iran and that is lookig for alternative ways of doing so.

Energy

Iran plans to reconstruct Iraq electric power industry in next 3 years: Minister

As Iraq is looking to rebuild after eight years of occupation and war, Iran is also taking measures to get a bigger share of the neighbouring country’s reconstruction market.

Energy

Private sector to bolster Iraq trade in 5-day visit

Dozens of Iranian businessmen will try to increase their investment in the neighbouring country by holding talks with Iraqi traders from all across the country. The visit comes after US Secretary of State Pompeo visited Iraq to help reduce Irans influence there.

Trade

Islamabad "ready" to renew 100MW power agreement with Tehran: Pakistan minister

The country has been importing Iranian electricity since 2002 mainly to help supply high demand in the border Balochistan province. Since then, Islamabad has increased the volume to 100 megawatts.

Energy

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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