Iran has managed to attract 7.2 billion dollars in finance from three foreign banks, the vice governor of the Central Bank of Iran (CBI) announced on Saturday. Gholamali Kamyab said attracting $10 billion of foreign finance has been defined as a project for the CBI in the area of Resistance Economy, Tasnim News Agency reported….
The World Bank says Iran’s foreign debts rose slightly in 2015 but were still significantly lower than 2011 when the country faced a series of US-led sanctions. A report by the World Bank titled “International Debt Statistics 2017” showed that Iran’s debts for 2015 stood at $6.32 billion. The figure was slightly higher than 2014…
Prime Minister of Sweden Stefan Löfven is scheduled to visit Tehran in February 2017 heading a high-ranking economic delegation. Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholamhossein Shafei and Swedish Ambassador to Tehran Helena Sångeland met and discussed development of economic relations as well as removal of barriers to mutual cooperation…
Alphaliner has listed the Islamic Republic of Iran Shipping Line (IRISL) as the 20th operator among the top 100 container lines, with a total capacity of 99,867 TEUs over 47 ships. Information from the corporate website indicates tonnage ranging from 1,000 to 6,500 TEUs, but it appears that most of its current fleet is under…
A senior Iranian oil industry official said the country has signed 12 contracts with foreign companies operating in the sector. Deputy Head of National Iranian Oil Company (NIOC) Gholamreza Manouchehri further said that there are also plans to ink 10 to 12 other oil deals with foreigners in the near future, Tasnim News Agency reported….
Deputy road minister said eight new Airbus and ATR passenger planes will be delivered to Iran Air within three months. Deputy Minister for International Affairs at the Ministry of Road and Urban Development Asghar Fakhrieh Kashan made the announcement elaborating that “Iran‘s national carrier, Iran Air (Homa) will receive one A330 and two A320 long-range…
A large portion of Iran’s shipping fleet has regained Protection & Indemnity (P&I) insurance from Steamship Mutual. Jonathan Andrews, Director & Head of Eastern Underwriting in Steamship Mutual, said a considerable number of Iranian vessels have taken out insurance form our company and “we are pleased to observe return of Iranian directors to the board…
Iran will finalize a contract with French aircraft manufacturer Airbus on the purchase of jetliners next week, said Minister of Roads and Urban Development Abbas Akhoundi. He added that the details of the contract with Airbus to purchase brand new aircraft will be made public afterwards, Tasnim News Agency reported. During Iranian President Hassan Rouhani‘s…
Boeing has agreed to provide financing for the first six planes it sells to Iran, Iran Air chief Executive Farhad Parvaresh was quoted as saying by Fars news agency on Tuesday. Parvaresh added that IranAir will pay 15 percent of prices of the passenger jet from Iran’s development fund./ (Source: Reuters) Iran buy 80 airplanes…
Iran Air CEO Farhad Parvaresh said the Iranian national carrier has signed into an agreement with Boeing aircraft manufacturing company to purchase 80 airplanes. Managing Director of Iran’s national carrier, Iran Air (Homa), Farhad Parvaresh made the remarks on the sidelines of agreement signing ceremony today in Tehran between Airline of the Islamic Republic of…
