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Petchem exports reach 10b in 9 months

· 3 min read

Petchem exports reach $10b in 9 months

TEHRAN - Iran's petrochemical industry achieved $10 billion in exports during the first nine months of the Iranian calendar year 1403 (March-December 2024), with projections suggesting the figure could reach $13 billion by year-end, a senior official announced.

Petchem exports reach $10b in 9 months

Foreign currency allocations for basic goods services exceed 55b

· One min read

Foreign currency allocations for basic goods, services exceed $55b

TEHRAN - The Central Bank of Iran (CBI) announced that from the beginning of the current Iranian year (March 20, 2024) until January 13, a total of $55.127 billion in foreign currency has been allocated for the imports of essential goods, pharmaceuticals, commercial and trade commodities, as well as service-related needs.

Foreign currency allocations for basic goods, services exceed $55b

Makran petrochemical hub receives 10 billion investment

· 2 min read

Makran petrochemical hub receives €10 billion investment

TEHRAN - The head of Negin Makran Petrochemical Development Company announced that approximately €10 billion has been invested in the third petrochemical hub at Negin Makran in Chabahar. This investment aims to establish petrochemical complexes and complete the methane gas value chain, ensuring that raw petrochemical exports will cease upon completion of the hub’s phases.

Makran petrochemical hub receives €10 billion investment

Yemen fires hypersonic missile at Israeli war ministry over a dozen injured

· 3 min read

Yemen fires hypersonic missile at Israeli war ministry, over a dozen injured

The spokesperson for the Yemeni Armed Forces says the country’s missile and drone units have carried out a series of reprisal operations against strategic positions deep inside the Israeli-occupied territories, as they continue their operations in support of Palestinians in the Gaza Strip amid the Israeli genocide.

Yemen fires hypersonic missile at Israeli war ministry, over a dozen injured

Iran calls nuclear talks with E3 serious frank and constructive

· One min read

Iran calls nuclear talks with E3 ‘serious, frank, and constructive’

TEHRAN – Diplomats from Iran and the European trio of Britain, France and Germany held serious and constructive nuclear talks in Geneva on Monday and agreed to resume talks to reach an agreement, the Iranian deputy foreign minister for legal affairs announced on Monday night.

Iran calls nuclear talks with E3 ‘serious, frank, and constructive’