Iran will connect eight more petrochemical complexes to its state-of-the-art ethylene transfer pipeline as the country seeks to increase production and create more jobs in the petrochemical sector.
Iran’s customs office (IRICA) has posted a trade surplus of $1.263 billion for the calendar month to August 22 as sales to China accounted for a bulk of the rise in the shipments.
Iranian tire manufacturers have been allowed to start exports of their products for a first time in years as market authorities seek to ease a domestic oversupply.
New Minister of Petroleum Javad Owji says the "tyrannical" US sanctions have deprived Iran of 1.8 billion barrels of oil exports and more than $100 billion of revenues.
The value of trade between Iran and the United Arab Emirates reached $7.3 billion in the five months to July 22, according to figures by Iran’s customs administration (IRICA).
A major poll conducted in Iran shows that almost 20 percent of people in the country are using social media services for business purposes.
Figures by Iran’s ministry of industries (MIMT) show that vehicle output in the country remained nearly stable year on year in the four months to late July.
Iran’s Constitutional Council, a body tasked with finalizing parliament legislation, has approved a massive housing scheme which seeks to build six million homes for the underprivileged population in the country.
Iran’s new Oil Minister Javad Owji says the country would move to regain its position as an influential member of the Organization of Petroleum Exporting Countries (OPEC).
Iran has recorded nearly 10% increase in its steel output in the seven months since the start of this year, according to a report citing figures by the World Steel Association (WSA).