Thursday, 14 August , 2025
  • Iran’s Petrochemical Sector Needs $24b Investment to Meet 7th Plan Targets 12 Aug 2025

    Iran’s Petrochemical Sector Needs $24b Investment to Meet 7th Plan Targets

    TEHRAN - The Special Assistant to the Deputy Oil Minister for Petrochemical Affairs has announced that Iran’s total nominal petrochemical production capacity must reach 131.5 million tons by the end of the 7th Development Plan. Achieving this goal will require an estimated $24 billion in investment, making innovative financing models essential.

Gas instead of diesel in Kish Power Plant saved a billion 27 Jan 2020

Gas instead of diesel in Kish Power Plant saved a billion

By replacing diesel with gas in the Kish Power Plant, the country has saved an equivalent of $1 billion worth of diesel.

Mehran border Exports Increased 26 Jan 2020

Mehran border Exports Increased

Exports to Iraq through the border terminal in Mehran, located in the west of Ilam province, amounted to about 1.829 million tons.

Trade between Iran, Tajikistan growing 26 Jan 2020

Trade between Iran, Tajikistan growing

Trade and economic cooperation between Iran and Tajikistan are currently reflecting a growing trend.

Iran annual tax revenues can be $20 billion 25 Jan 2020

Iran annual tax revenues can be $20 billion

Iran total annual tax revenue for the year ending March 19 is expected to reach more than $11 billion.

Bitumen, asphalt exports hit $450m in 10 months 25 Jan 2020

Bitumen, asphalt exports hit $450m in 10 months

Iran bitumen and asphalt exports worth $450 million since March 2019, said the managing director of Iran International Exhibitions Company (IIEC).

Iran, Syria review educational coop 23 Jan 2020

Iran, Syria review educational coop

Minister of Education Mohsen Haji Mirzaei met and held talks with Syrian Prime Minister Imad Khamis in Damascus.

Trump reopens trade war with Europe 23 Jan 2020

Trump reopens trade war with Europe

US President Donald Trump relaunched a major trade war against Europe on Wednesday.

Iran first OPEC member to produce, export oil processing catalysts 23 Jan 2020

Iran first OPEC member to produce, export oil processing catalysts

Iran has become the first member state of the Organization of the Petroleum Exporting Countries (OPEC) that can produce and export sophisticated catalysts used in oil and gas processing.

Iran’s forex reserves increasing 23 Jan 2020

Iran’s forex reserves increasing

Abdolnaser Hemmati highlighted Iran's success in increasing its forex reserves and said they are at an unprecedented level in the past decade.

Iran, Turkey trade to rise amid US sanctions 22 Jan 2020

Iran, Turkey trade to rise amid US sanctions

Companies from Iran were meeting their counterparts at a conference in Istanbul on Wednesday as part of a new push by Iran and Turkey to enhance their economic trade, despite sanctions imposed by the US.