invert-default-slider-image

Author Archives: admin

Home »  Author: admin

Italy signs EU’s biggest ever credit deal with Iran

Iran and Italy have signed a major framework credit agreement worth €5 billion which Tehran says is the biggest ever such agreement signed with a European country.   Iran and Italy have signed a major framework credit agreement which will be used to provide funds for development and industrial projects…

Iran banks seal deal to get ‘unlimited funds’ from Russia

Iran banks seal deal to get ‘unlimited funds’ from Russia Four Iranian banks have signed an agreement with the Export Insurance Agency of Russia (EXIAR) which enables them to receive “unlimited funds” over development projects in the country. Iran says four of its banks have signed an agreement with the…

Iran begins production of new car with France’s Peugeot

Iran begins production of new car with France’s Peugeot A Dena Plus rolls off the production line which opened on Dec. 16, 2017. Iran Khodro (IKCO) has opened a production line for two new car models, including one jointly produced by France’s Peugeot SPA.   The first Peugeot 207 and…

Bulgaria Signs Deal to Invest in Iran’s Solar Energy Projects

On December 14, 2017, Posted by , In News, By , , With No Comments

Bulgaria Signs Deal to Invest in Iran’s Solar Energy Projects A Bulgarian company signed a Memorandum of Understanding (MoU) with Iran to develop solar photovoltaic infrastructure in the Iranian central city of Jahrom, Xinhua reported. “The first investment agreement in the Jahrom Special Economic Zone has been signed with Solar & Benefit…

Iran: €3 billion credit line by Siemens on the way

German industrial group Siemens is about to undertake financing rail and power plant projects worth 3 billion euros in Iran, a senior Iranian official says. “On a trip to Germany, we had discussions about Siemens’ participation in Iran’s railway and power plant projects,” Deputy Minister of Road and Urban Development for…

Iran-Renault joint product will enter market next year: IDRO official

A sum of 300,000 Renault cars will be built in a five-year term and first products will enter the market in the final months of the next Iranian calendar year (started March 21, 2018), senior IDRO official said. Head of Iran’s Industrial Development and Revolution Organization (IDRO) Mansour Moazami made…

Renault, IDRO deal historical: Senior French official

Senior Renault official called the contract with Industrial Development and Renovation Organization of Iran (IDRO) and Partov Negin Naseh a remarkable deal in one of the most strategic countries of the world. Executive Vice President and Chief Competitive Officer in Renault Group Thierry Bolloré elaborated the details of contract in…

Iranian, German carmakers to jointly produce cars

Germany’s Volkswagen and Iran’s car manufacturer Mammut Khodro are planning to launch a new joint production line to make cars in the near future. Talking to the Islamic Republic News Agency (IRNA) on Saturday, Mohsen Salehi-Nia Deputy Minister of Industry and Trade for Industries Affairs said the preliminary measures have…

Turk investors pay for 5,000 megawatts electricity generation in Iran

Director for monitoring group on investment contracts of Thermal Electric Generation Specialized Company Jamshid Sajdei said on Thursday that contracts to generate 5,000 megawatts electricity have been convened with investors and companies from Turkey. He made the remarks on the sidelines of foreign investment meeting of Yazd Investment Services Center….

Total returns with 4.8-billion-dollar investment to Iran

Countdown to the signing of the $4.8 billion oil contract between Iran and the international consortium led by Total has started. Being the first to be signed in the new format of Iran’s oil contracts which lead to technology transfer to Iran, the Total deal is considered a turning-point to…