After oil, petrochemical products make the majority of Iran’s export. Now with the return of the sanctions, fears of drop in export of petrochemicals increase. Iran’s petroleum Minister, Bijan Zanganeh, expresses his concerns about the […]
Armed forces and the largest state pension fund must withdraw their holdings and sell their businesses, announces the President Rouhani as the only way to save the country’s economy, repots Bloomberg. The divestment will start […]
Fluctuations in foreign exchange market affected Tehran Stock Exchange at the first days of the week which caused TEPIX to drop by 0.7 percentage within two days. Since Monday, however, the market overcame the excitement […]
Following the collision of the Iranian oil tanker with the Chinese ship, one million barrels of condensate, a hydrocarbon liquid used to make petrochemicals, were lost; apart from 32 missing crew members. Bloomberg reports about […]
No Iron Ore Out; No Wagon In Minister of Industry and Trade of Iran, Mr. Nematzadeh, in a visit to Sangestan Manufacturing Complex in Markazi Province of Iran, announced that the new policy of his […]
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