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TEHRAN, Jul. 24 (MNA) – Iran Railways (RAI) is looking to increase the production of rail equipment and expand the export to more foreign countries, head of Islamic Republic of Iran Railways Saeed Rasouli told Trend. “In general, no country can provide all of its needs completely but we should reach a production level that reduces […]
EghtesadOnline: Major Iranian automotive companies and 32 parts makers from the private sector signed a $60 million deal on Saturday to curb the auto industry’s reliance on foreign suppliers. During an event held on Saturday at Tehran’s International Exhibition Center, which was attended by Industries Minister Reza Rahmani and other officials, Iran Khodro (IKCO) and […]
EghtesadOnline: A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20. The figure indicates 24.2% growth compared to the same period last year (March 21- April 20, 2018) and 0.7% increase […]
TEHRAN (Tasnim) – Iran’s First Vice-President Eshaq Jahangiri dismissed the US idea of establishing military escorts for ships in the Persian Gulf, stressing that security of the region comes within the purview of Iran and other regional states alone. In comments during a visit to an exhibition in the northern city of Karaj on Tuesday, […]