EghtesadOnline: The presence of foreign military forces in the sensitive Persian Gulf is unconstructive, the Iranian Foreign Ministry said following France's declaration this week that the military component of its maritime surveillance and security mission in the Strait of Hormuz is fully operational.

EghtesadOnline: Iran’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe.

EghtesadOnline: Iran sees Israel’s possible participation in a proposed US-led force in the Persian Gulf as a “clear threat” to its security and reserves the right to take action against such a menacing move, the Foreign Ministry said on Friday.

EghtesadOnline: F oreign exchange rates are of the declining order in the final days of November thanks to a stronger presence of the Central Bank of Iran in the market and optimism that Iran will continue to sell its oil despite earlier speculations.

EghtesadOnline: A report on vehicle import in the first four months of the current Iranian year (started March 20) has been released by Market Monitoring Unit of Car Iran, a local auto e-magazine.