The Latest from Iran (26 July): Ahmadinejad is a "Repair and Maintenance Project"

2000 GMT: Economy Watch. Despite US-led sanctions, foreign direct investment in Iran rose to a new record in 2010 of more than $3.6 billion dollars, according to the United Nations Conference on Trade and Development.

UNCTAD's "World Investment Report" found that the foreign direct investment increased around 20% in 2010. FDI has soared from $1.6 billion in 200.

Global FDI flows grew 4.9% in 2010 to $1.24 trillion, but were 15% below the rate of $1.472 trillion before the 2008 financial crisis and nearly 37% below their peak in 2007 of $1.971 trillion.

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