ifmat - Tehran confuses International bodies with mysterious stats

Tehran confuses International bodies with mysterious stats

On July 19, the Iranian state media launched a new wave of propaganda, claiming that Iran is among the world’s wealthiest states. The Jahan-e Sanat daily reported that “Recent statistic surveys show that Iran’s economy has been ...
ifmat - Iranian and Russian automotive firms sign MoUs

Iranian and Russian automotive firms sign MoUs

Iranian automotive companies and their counterparts in Russia have signed some $700 million worth of deals to expand their cooperation at a time the two countries are shoring up their defenses against Western sanctions.
ifmat - Corruption Investigation Rocks Iran largest steelmaker

Corruption Investigation Rocks Iran’s largest steelmaker

One of Iran's biggest cash cows, the Mobarakeh Steel Company, is reeling from the release of a lengthy parliamentary investigation that alleges corruption amounting to $3 billion tied to the administration of former President Hassan Rohani.
ifmat - Iran and Russia move to create a global natural Gas Cartel

Iran and Russia move to create a global natural Gas Cartel

The US$40 billion memorandum of understanding (MoU) signed last month between Gazprom and the National Iranian Oil Company (NIOC) is a stepping stone to enabling Russia and Iran to implement their long-held plan to be the core ...
ifmat - Pakistan signs three MoUs with Iran

Pakistan signs three MoUs with Iran

Pakistan on Thursday signed three Memoranda of Understanding (MoUs) with Iran in the fields of maritime, museum, and information broadcasting on the second day of the 21st Session of the Joint Economic Commission (JEC) between the two ...