Iran's parliament approves Mehrdad Akhlaqi as Minister of Defence

Economic Times - Oct 18, 2026

Iran's parliament has approved Mehrdad Akhlaqi Ketabchi as the new defence minister after months of interim leadership. He replaces Majid Ebn al-Reza, who took on interim duties following the death of Aziz Nasirzadeh. Akhlaqi has extensive experience in Iran's defence industry, especially in aerospace and missile sectors, and is under US and EU sanctions. He aims to enhance military production and technology with greater cooperation from private companies.

Read full article
More News
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.