Iran Khodro and German automobile-maker Daimler will sign a deal soon for the production of cars and commercial vehicles, Iran Khodro managing director Hashem Yekezareh has said. The announcement follows reports that Peugeot, France’s largest car-maker, is seeking to revive…
Day: July 31, 2015
IMF approves $1.24bn loan for Iraq
The executive board of the International Monetary Fund (IMF) approved SDR 891.3 million ($1.24 billion) to help Iraq address its 2015 balance of payment and budget needs in 2015 related to the campaign against ISIS and lower oil prices, the…