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Italy’s Carlo Maresca on Saturday signed a $100-million contract with the Iranian organization to construct a solar power plant near Garmsar Special Economic Zone in the central province of Semnan. As per the deal, a 100-megawatt will be built on a…
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Iran says credit line with Russia to boost trade Iran’s Minister of Economy and Financial Affairs Masoud Karbasian. Iran says it expects a recent agreement with Russia over the creation of a credit line to fund Iranian projects to help promote trade…
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Iran huge rise in imports from Europe Iran has reported a major rise in imports from several key European countries over a period of nine months starting 21 March 2017.  As Iran is celebrating the second anniversary of the removal of sanctions, figures…
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Iran opens third DRI steel mill using domestic technology Neyriz Steel Complex at the time of commissioning. Iran has brought online its third steel plant which uses domestic technology for production of direct reduced iron (DRI) or sponge iron. The hot…
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With better risk rating, Iran now stands next to Brazil The Organization for Economic Cooperation and Development (OECD) has improved Iran’s risk rating by one notch. Iran’s media are reporting that the country’s risk classification has improved by one…
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PSA invites Iran Khodro to produce Peugeots in Algeria Iran Khodro logo French carmaker PSA Group has invited Iran Khodro (IKCO) to set up a production line for Peugeot cars in Algeria, the Islamic Republic News Agency (IRNA) reports. PSA executive…
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