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 ...
ifmat - Chinese company targeted for Iran sanctions violations

Chinese company targeted for Iran sanctions violations

The Bureau of Industry and Security recently issued an administrative charging letter against a Chinese company for allegedly causing, aiding, and/or abetting violations of the Export Administration Regulations.