Iran is preparing contracts with French Total and Royal Dutch Shell to implement petrochemical projects, Marzieh Shahdaei, the head of Iran's National Petrochemical Company (NPC) told IRNA.
Iran to sign petrochemical contracts with Total, Shell
Iran Mercantile Exchange (IME) announced that commodities valued at $324.2 million and weighing over 659,979 tons were transacted in its domestic trading and exports halls during the past working week (July 15-20).
IME weekly trade exceeds $324m
Iran produced 9.9 million tons of crude steel in the first six months of 2017, showing a growth of 13.69 percent compared to the figure for the same period in 2016, which was 8.7 million tons.
Six-month crude steel output up over 13%
The Asian financial crisis started 20 years ago and the global financial crisis and recession nine years back. When a new global financial crisis strikes, the developing countries will be more damaged than in the last crisis as they have become less resilient and more vulnerable. They thus need to prepare from being overwhelmed.
Prepare now for the next financial crisis
More than a third of properties for sale in London have had asking prices slashed in a sign of an increasing slowdown in the capital’s property market.
35% of homes for sale in London have asking prices slashed
A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island’s attempt to breathe fresh life into its mining sector, the joint venture Emincar overseeing the project said this week.
Cuba seeks to revive mining sector
Vietnam wastes at least 23 trillion Vietnamese dong (over $1 billion) annually in over-fertilization, the Vietnam News Agency quoted local experts.
Vietnam wastes $1b in over-fertilization annually
Oman could serve as an important bridge between Iran and Africa and a gateway for the Islamic Republic to export to markets in the Continent, a trade official in Alborz Province announced on Saturday.
Official: Oman can become Iran's gateway for exports to Africa
Italy's Eni is keeping its foot on the ground in Iran after major rival Total's signing of a $5-billion gas deal with National Iranian Oil Company (NIOC) earlier this month.
Eni says not competing with Total in Iran

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