Foreign Investment Expected to Boost Iranian Industries: MP

An Iranian Member of Parliament says the Islamic Republic’s international relations should lead to the promotion of its industries and exports.
Renault in Iran

Renault to Use Iran as Regional Production Hub

A senior member of French car manufacturer Renault Group stressed that Iran is an important base for this company’s regional trade.

$8.5b in Foreign Funds Approved in Post-JCPOA Era: Iranian Minister

An Iranian minister says $8.5 billion in foreign investment have been approved by the Organization for Investment and Technical Assistance of Iran in the post-sanctions era, of which $5.5 billion pertains to the industry and mining sector.

Scania and Volvo to Launch Production Lines in Iran

The head of Swedish trade delegation to Iran announced that Scania and Volvo, giant Swedish car manufacturers, will establish their production lines inside the Islamic Republic.
ship

Iran Launches First Oceanographic Survey Ship

Iran’s first hydrographic and oceanographic survey ship called Persian Gulf Explorer was launched after being delivered to National Institute for Oceanography and Atmospheric Science.
iron

Iran’s Sponge Iron Output Rises despite Drop in Global Production

Iran’s sponge iron production has grown considerably in 2016 amid dwindling global output.

Iran Exporting Chewing Gum to Italy, Sweden, Australia

Iran has exported well over 1,500 tonnes of chewing gum to several countries in the world in the nine months to December 2016.

Boeing Highly Likely to Cancel Iran Deal: MP

An Iranian parliamentarian says the implementation of the deal between Iran and the giant American plane-manufacturer Boeing is under a cloud of doubt.
Firefighters

Iran’s Parliament Supports Domestic Video Games Production

By charging higher taxes on import of computer games to Iran, $3.1 billion would be allocated to game production in Iran this year, an Iranian MP says.
rouhani

Iranian President Opens Mideast’s Largest Grain Refinery

In a Tuesday visit to Alborz Province, President Hassan Rouhani inaugurated ‘Zar Grain Refinery’ as the largest of its kind in the Middles East and the first one in Iran.

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