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Daimler's truck business to return to Iran as sanctions lift

2016-01-18 12:13:13| Auto Dealers - Topix.net

Daimler AG says its truck business is returning to Iran as Berlin and Tehran look at restoring economic ties after a landmark deal to curb Iran's nuclear activities led to the lifting of sanctions. Stuttgart-based Daimler announced Monday that it had signed letters of intent with local partners Iran Khodro Diesel and Mammut Group to arrange a "comprehensive re-entry" into the country where Daimler started doing business in the 1950s.

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Daimler's truck business to return to Iran as sanctions lift

2016-01-18 11:49:16| Automakers - Topix.net

" Daimler AG's truck business is returning to Iran after a landmark deal to curb Tehran's nuclear activities led to the lifting of economic sanctions. The German company announced Monday that it had signed letters of intent with local partners Iran Khodro Diesel and Mammut Group.

Tags: business return iran truck

 
 

Lifting of sanctions paves way for expanded shipping business in Iran

2016-01-18 01:00:00| Ship Technology

The US and the EU have withdrawn sanctions imposed on Iran, paving the way for trade relations with the Middle-Eastern country.

Tags: business shipping expanded iran

 

Oil prices decline after US and EU revoke international nuclear sanctions against Iran

2016-01-18 01:00:00| Offshore Technology

Oil prices declined to their lowest since 2003 on Monday following the lifting of international nuclear sanctions against Iran.

Tags: international prices oil iran

 

Gulf stocks down as Iran sanctions lift

2016-01-17 13:33:27| BBC News | Business | UK Edition

Shares in Saudi Arabia and other Gulf states drop sharply in response to the lifting of Iranian sanctions.

Tags: iran stocks lift gulf

 

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