TEHRAN (FNA)- Foreign investment in Iran’s industries and mining sector has increased 900% from 2005 to 2007, a ministry official said.

TEHRAN (FNA)- The Philippines is raising its level of diplomatic ties with the oil-rich Islamic Republic, as the Department of Foreign Affairs seeks to finalize various agreements on terrorism, transnational crimes, as well as the extradition of criminals and the transfer of sentenced persons.

TEHRAN (FNA)- The Central Bank of Iran plans to lop four zeros off the country’s national currency and rename it to toman, a CBI official said.