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Iran Petrochemical Sector Shifting Focus on Value-Added Approach

EghtesadOnline: The Persian Gulf Petrochemical Industries Company is looking closely at ways to add value to its output and is building petrochemical plants estimated to cost $8.5 billion, the managing director said Thursday.
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Publish Date: 09/March/2019 | 15:19

Oil, Condensate Offer on IRENEX Before Yearend

EghtesadOnline: The National Iranian Oil Company will launch two new offers of crude oil and natural gas condensate on the Iran Energy Exchange before the calendar year is out on March 20.
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Publish Date: 09/March/2019 | 15:16

UK Envoy Talks Trade in Tehran

EghtesadOnline: A trade official from London has travelled to Tehran to test the waters for expanding relations. Simon Penney was appointed last year as the UK trade commissioner for the Middle East, Afghanistan and Pakistan.
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Publish Date: 09/March/2019 | 15:13

Iran, Iraq Vying for $20b Annual Trade Target

EghtesadOnline: Iran and Iraq plan to increase bilateral trade to $20 billion per annum within two years, says Iran’s Minister of Industries, Mining and Trade Reza Rahmani.
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Publish Date: 09/March/2019 | 15:10

Power and Water Projects Underway in Khuzestan Region

EghtesadOnline: A n estimated $3 billion has been invested in almost 1,000 water and power projects in several cities in Khuzestan Province, the Energy Minister said on Tuesday.
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Publish Date: 09/March/2019 | 15:02

Raeisi Named Judiciary Chief

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei appointed Hojjatoleslam Seyyed Ebrahim Raeisi as the judiciary chief in a decree on Thursday.
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Publish Date: 09/March/2019 | 14:59

Iraqi President: Ties With Tehran Indispensable

EghtesadOnline: Relations with Iran are highly crucial for Baghdad, Iraqi President Barham Salih said, ahead of President Hassan Rouhani’s visit to the Arab country.
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Publish Date: 06/March/2019 | 13:53

Iranian Startups Aware of Social Responsibility

EghtesadOnline: Iranian startups which have grown exponentially over the past few years are getting socially responsible. The firms with help from tech enthusiasts have launched campaigns to help the needy.
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Publish Date: 06/March/2019 | 13:49

Iran's PMI Growth Remarkable

EghtesadOnline: The Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture has measured Iran's Purchasing Managers’ Index, under the Farsi acronym “Shamekh”, for the Iranian month of Bahman (Jan. 21-Feb. 19).
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Publish Date: 06/March/2019 | 13:44

Iran: Subsidy Choices Take Center Stage

EghtesadOnline: Head of the Plan and Budget Organization says the government is weighing three options on allocating $14 billion for importing essential goods in the next fiscal that starts on March 21.
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Publish Date: 06/March/2019 | 13:39

Iran's Non-Oil Trade With OIC Members Near $30 Billion in 10 Months

EghtesadOnline: Iran traded 59.13 million tons of non-oil commodities worth $29.63 billion with the members of the Organization of Islamic Cooperation during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 9.77% and 2.71% increase in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 06/March/2019 | 13:35

No Buyers in Latest Oil Offer via IRENEX

EghtesadOnline: As per its earlier announcement, the National Iranian Oil Company on Monday offered one million barrels of light crude oil on the Iran Energy Exchange (IRENEX) but there were no customers.
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Publish Date: 05/March/2019 | 13:38