By Mahnaz Abdi

Knowledge-based companies to help car industry nullify sanctions

While Iran is considering knowledge-based economy a strong tool to compensate for the losses caused by the sanctions, the country is seriously supporting knowledge-based companies and startups, also cementing relationship between domestic universities and industry sector.

Iran’s intl. auto parts exhibition hosting 80 foreign companies

TEHRAN - Tehran Permanent International Fairgrounds is hosting 700 Iranian and 80 foreign companies from nine countries in the 14th Iran International Auto Parts Exhibition during November 9-12, IRIB reported.

Industry ministry takes steps to reform auto sector

TEHRAN – Iranian industry, mining and trade minister said reforming the country’s auto industry requires collaboration of all sectors and the ministry has taken steps in this regard, Shata reported.

Over €840m allocated to support domestic auto parts manufacturers

TEHRAN - The industry ministry has allocated €844 million to support the country’s auto parts manufacturers, director general of the industry ministry’s automotive and transportation industries office said.