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…
Former Swiss ambassador to Iran, Livia Leu Agosti (L), has voiced her country’s willingness for boosting economic cooperation between Iranian and Swiss small and medium-sized enterprises (SMEs), Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) portal reported. Former Swiss ambassador to Iran, Livia Leu Agosti (L), has voiced her country’s willingness for boosting economic…
Polish Information and Foreign Investment Agency (abbreviated to PAIiIZ in Polish) will open an office in Tehran and has already received the necessary permit, according to Wojciech Fedko, a member of the board in the agency. Fedko made the remarks in a Monday meeting in Tehran with Abolfazl Rahnama, a director in Foreign Affairs Department…
Iran signed preliminary agreements with Russia’s Gazprom on Tuesday to develop two major oilfields in the latest of a flurry of deals with foreign firms, local media reported. The deals open the way for Gazprom to carry out studies at the Cheshmekosh and Changouleh fields near the border with Iraq, according to the Shana news…
Representatives of Austria’s OMV and some other leading energy companies of the country in the meeting of Iran-Austria Joint Energy Committee in Tehran on Saturday expressed their willingness to participate in Iran’s oil projects. The meeting was also attended by representatives from National Iranian Oil Company (NIOC), National Iranian Gas Company (NIGC), Iran’s National Petrochemical…
Iran sold its light crude oil at $46.6 per barrel in the week ended on December 2, with $1.84 rise from its previous week, IRNA reported on Monday. Iran’ light oil price stood at $40.12 on average since the beginning of 2016 until December 2. The country also sold its heavy crude oil at $45.37…
Hyundai Heavy Industries Co. (HHI) received two deals valued at a combined $1.3 billion (1.52 trillion won) at once at the end of the year. Out of $1.3 billion (1.52 trillion won), it clinched a $700 million (821.1 billion won) order from Iran that marks the Middle Eastern country’s first ship order since international sanctions…
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…
Swedish ministers have welcomed a proposal by Iranian President’s Chief of Staff Mohammad Nahavandian to open an account of the Central Bank of Iran (CBI) in Stockholm central bank. Nahavandian made the proposal to the Swedish Minister of Finance Magdalena Andersson and the Minister of EU Affairs and Trade Ann Linde in separating meetings in…
Drilling operations on 40 oil wells in South Azadegan oilfield have shown 91 percent progress, said director of the South Azadegan oilfield drilling project in National Iranian Drilling Company (NIDC). Manouchehr Assadi said his company had drilled more than 140,000 meters as part of the operations to drill 40 wells, Fars News Agency reported. Eight…
