ifmat - Iran and Armenia to exchange trade with local currencies

Iran and Armenia to exchange trade with local currencies

“We are following up necessary measures to do business with hard currencies of the two countries i.e. rials and drums, so that proposal of setting up a finance and credit institution beyond banking rules has been submitted ...
ifmat - Iranian Regime again caught lying about its nuclear program

Iranian Regime again caught lying about its nuclear program

A week ago, Mojtaba Zonnour, the former chairman of Iran’s Nuclear Subcommittee and current chairman of the National Security and Foreign Policy Committee of the Iranian parliament, threatened to destroy Israel within “half an hour” in case ...
ifmat - Peugeot 301 production kicks off in Iran

Peugeot 301 production kicks off in Iran

The production line of Peugeot 301 sedan was inaugurated on Monday July 15 in Tehran in the presence of Vice President for Science and Technology Sorena Sattari and CEO of IKCO Hashem Yekke Zare’.
ifmat - Tehran and Muscat stress expansion of transportation ties

Tehran and Muscat stress expansion of transportation ties

As reported by IRNA on Friday, in the meeting Rahmani mentioned the two countries’ cooperation in the North-South Corridor, saying “One of the main axes in the development of bilateral relations is the implementation of Ashkhabad agreement ...
ifmat - Iran to increase the annual pet pchem output by 50 percent

Iran to increase the annual pet-chem output by 50%

While addressing a nationwide governors’ conference in Tehran on Thursday, Jahangiri said that the boost would be made possible once 18 new petrochemical projects came online by 2022. Jahangiri, who was speaking in the Southern province of ...