News Categories

Over $9b needed for completing semi-finished projects: industry min.

17 July 2019 - 20:19
Iranian Industry, Mining and Trade Minister Reza Rahmani said 390 trillion rials (nearly $9.3 billion) is required to finish unfinished projects with over 60 percent physical progress, Shata reported.

Iran Allocates $2.4bln to Funding Small Enterprises

15 July 2019 - 22:52
Governor of the Central Bank of Iran Abdolnasser Hemmati said that Tehran is serious to support small and medium-sized enterprises (SMEs), adding that the government will fund SMEs with more than $2.4 billion by March 202

Should Iran private sector invest in failed Pakistan Steel Mills?

12 July 2019 - 22:43
Islamabad is studying plans to privatise its bankrupt steel maker. But, it needs over $100m and such huge investment is hard to come by in cash-stripped Pakistan. Iran Chamber Newsroom analyses if Iranian private steel makers should invest in PSM.

Iran’s Industry Minister Vows to Pave Way for Omani Businessmen

12 July 2019 - 22:21
Iranian Minister of Industry, Mine and Trade Reza Rahmani, in a meeting with Omani businessmen, exchanged views on the problems on the path for increasing trade between the two countries, and pledged to further ease the situation for the merchants of both sides.

Iran, Syria to Jointly Manufacture Car

12 July 2019 - 22:02
An Iranian sedan, branded as Shaam, the Arabic word for Levant, will be jointly manufactured with Syria, according to a new agreement signed on Wednesday by Iran's Labor Minister Mohammad Shariatmadari and Syrian Social Affairs and Labor Minister Rima al-Qadiri.

Iran, Brazil seeking barter trade in face of U.S. sanctions

12 July 2019 - 21:56
Secretary of Iran-Brazil Chamber of Commerce said the two countries are seeking to establish bartering systems in order to keep their trade afloat during the sanctions era, ILNA reported.

Italy Determined to Ease Trade with Iran

10 July 2019 - 01:18
Italian Ambassador to Tehran Giuseppe Perrone announced that his country is determined to provide Iranian parties with transparent and precise information to further facilitate the expansion of commercial relations and widen the scope of joint projects between the two countries.

Parliament approves bill on joint Iran-Hungarian investment

8 July 2019 - 01:47
The Iranian lawmakers passed a government bill that encourages and supports investment by both countries. However, the US sanctions have hindered that joint Iran-European projects be materialized.

JSW Steel’s Plans to Invest in U.S. and India amid Steel Sector Revival

11 November 2018 - 02:22
According to the latest reports, Indian steel major, JSW Steel is all set to invest USD 150 million (amounting INR 1,000 crore) in the first phase to set up a new steel facility in Texas, U.S.

China Financing $5B in Iran Mine and Mining Industries Sector

16 August 2018 - 01:31
Iran mine and mining industries sector has attracted $5 billion of China’s $20billion finance in Iran concurrently with President Rouhani’s visit to China, Chairman of the board of IMIDRO announced in 9th International Infrastructure Investment and Construction Forum.
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