Friday, May 17, 2024

Business

Iran, US hold talks on direct flights

Farhad Parvaresh, Chairman and Managing Director of Iran Air, referred to the resumption of refueling at airports in Western Europe following the lifting of international sanctions.

Iran, US Mulling Establishment of Direct Flights: Minister

Iranian Minister of Road and Urban Development Abbas Akhondi on Sunday said Iran and the United States are in talks for launching direct flights between the two countries in the wake of the recent removal of anti-Iran sanctions.

Iran eyes buying over 100 Boeing jets

Iran seeks to buy more than 100 aircraft from US aircraft maker Boeing as part of a plan to renovate its commercial aviation fleet, an official says.

Japan to extend oil deals with Iran

The media in Tehran said on Saturday that Japan plans to extend a contract to purchase crude oil from Iran.

Airbus Officials to Discuss Plane Sale to Iran Sunday

Officials with the European aircraft manufacturer Airbus will arrive in the Iranian capital on Sunday to talk about the sale of passenger aircrafts, but the American counterpart Boeing will not send any representatives due to visa problems, an Iranian official said on Saturday.

Iran main taker company envisages bourse listing

Iran’s largest oil tanker company says it is envisioning an international listing of its shares just as it prepares for its first sail to the European Union since 2012.

Canada jet maker eyes Iran despite strains

Bombardier, the Montreal-based manufacturer of planes and trains, is exploring how to enter the Iranian market now that western anti-Iran sanctions have been lifted. This is while the company faces challenges that confront all Canadian businesses looking to deal in Iran, Canadian Broadcasting Corporation reported.

Greece refiner agrees to resume Iran oil purchase

Greece’s main oil refiner Hellenic Petroleum has reached an agreement with Iran for importing crude oil now that international sanctions have been lifted on Tehran.

World giant aircraft manufacturers come together in Tehran

According to Manager of Public Relations Department of Iranian Civil Aviation Organization, world major aircraft manufacturers from Europe and the United States will gather...

Kuwaiti banks ready for cooperation with Iran in post-sanction era

Kuwaiti banks and businesses are ready for resuming cooperation with Iranian banks, Kuwaiti daily al-Rai said on Tuesday.

Iran to present ‘golden opportunities’ for foreign businesses

Iranian FM Zarif says the country will soon present golden opportunities for various economic institutions and industries across the world for investment and exchange of technology.

Iran ready to meet Europe’s gas need

An NIGC official has announced Iran’s willingness to launch gas talks with EU expressing the country’s readiness to supply European countries with natural gas.

Russia eyeing Iran military helicopter market

Russia hopes to sell Iran military helicopters in the wake of the lifting of economic and financial sanctions against the Islamic Republic.

Iran sanctions removal to raise trade: Russia

Russia’s Central Bank says the removal of anti-Iran sanctions can enhance bilateral cooperation in different areas.

President praises nation’s resistance, patience during nuclear talks

President Hassan Rouhani on Tuesday praised nation's resistance and patience during nuclear negotiations between Iran and P5+1.

Lift of anti-Iran sanctions, special chance for Italian companies

Managing director of Italy's Genius Car Ltd announced that lifting anti-Iran sanctions is a special opportunity for the foreign firms, also the Italian ones, to be present in Iranian market.

No obstacle for implementation of Iran Pakistan Pipeline when sanctions are lifted

Pakistan has not fulfill its commitments towards  construction of a gas pipeline with Iran (IP) so far under the pretext ofsanctions, despite more than one year since the deadline specified in the contract. Now a high ranking Pakistani official says that there will be no problem and pressure from any third party to hinder construction of the pipeline upon lifting of sanctions.

Iranian companies to join Omani Markets

The organizer of Iran private exhibition in Oman has said Iranian companies will attend the exhibition to maintain and improve Iran’s market condition.

Security Council removes Bank Sepah, Bank Sepah Int’l from 2231 list

The UN Security Council in New York removed names of Iran’s Bank Sepah and Bank Sepah International from the 2231 List after concluding its consideration of the de-listing request.

Official: First Airbus deliveries in July

Airbus' first deliveries to flag carrier Iran Air are due as early as July, said a minister adding that a deal to purchase 114 jets from the European company has been agreed.

Korean agency raising Iran credit rating

South Korea’s official export credit agency KEXIM says it will consider raising its sovereign credit rating for Iran by one notch in anticipation of a strong economic growth.

Iran firing up first LNG project

The National Iranian Gas Exports Company (NIGEC) is in talks with foreign firms to sell part of its shares in the country’s “frontrunner” LNG scheme which has lingered for years amid sanctions.

UK to pay £50m to British companiese seeking to work in Iran

The export credit agency of Britain, UK Export Finance (UKEF), has announced it would fully support expanding trade relations with Iran after removal of sanctions against the country following the IAEA verification that Tehran completely met its commitments upon the landmark nuclear agreement with the world powers.

Aviation companies have no choice but to apply commercial principals

I can not tell people be content with minimum services because airliners with their small assets want to operate. Thus, increasing the capital is...

Thailand plans to raise trade with Iran to $5bn

Thailand hopes to bring its trade transactions with Iran to $5 billion from the current $356 million as the Islamic Republic prepares to receive sanctions relief.

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