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…
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…
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…
Birthday celebrations of Prophet Mohammad are holding all over Iran. The country has an area of approximately631,660 square miles, and its population is an estimated 83 million. The population is approximately 97 percent Muslim, of which an estimated 89 percent are Shi’a and 8 percent are Sunni, mostly Turkmen, Arabs, Baluchs, and Kurds living in…
Iranian inventors succeeded to receive the silver medal of the IFIA International Chemical Competition held on October 10-12, 2016 in the Main Hall of the Warsaw University of Technology. 10th edition of International Warsaw Invention Show 2016 “IWIS 2016” was held on October 10-12, 2016 in the Main Hall of the Warsaw University of Technology….
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…
Tehran will host a 590-member economic delegation from Russia which is to fly to Iran on Sunday. The visit will be a major step towards implementing the decisions taken by the presidents of the two countries to expand bilateral ties, IRNA reported. The delegation is headed by Russia‘s Minister of Energy Alexander Novak. The 13th…
