• Iran to soon emerge as world’s key zinc supplier

    Iran to soon emerge as world’s key zinc supplier

    Mar 14, 2017 12:16

    A new zinc mining project in Iran, which was recently awarded to a consortium of locals, is expected to enable the country to supply at least 4 percent of the world’s total demand for the strategic metal once completed within the next few years.

  • Iran’s IRISL says not seeking LSE listing

    Iran’s IRISL says not seeking LSE listing

    Mar 14, 2017 12:16

    Iran’s leading cargo shipping enterprise – the Islamic Republic of Iran Shipping Lines (IRISL) – has rejected a report that it is planning to float its shares on the London Stock Exchange (LSE).

  • Iran preparing to receive third new Airbus

    Iran preparing to receive third new Airbus

    Mar 12, 2017 13:16

    Iran says it expects to receive the third new Airbus aircraft from a batch of 100 planes purchased from the European aviation giant later this week.

  • Iran banks to push for post-sanctions thaw

    Iran banks to push for post-sanctions thaw

    Mar 09, 2017 16:39

    Three major Iranian-owned banks in Britain are reportedly planning to push the country’s banks to do business with them through a top regulating agency.

  • IMF hails Iran’s post-sanctions economic performance

    IMF hails Iran’s post-sanctions economic performance

    Feb 28, 2017 11:50

    The International Monetary Fund (IMF) has hailed Iran’s ability to achieve what it has described as an impressive economic recovery after the removal of multiple-year sanctions against the country.

  • Russia to buy 100,000 bpd of Iran oil: Russian Minister

    Russia to buy 100,000 bpd of Iran oil: Russian Minister

    Feb 27, 2017 11:33

    Energy Minister Alexander Novak says Russia is negotiating daily purchases of 100,000 barrels of crude oil from Iran.

  • ‘Iran reliable trading partner for Europe’

    ‘Iran reliable trading partner for Europe’

    Feb 21, 2017 07:29

    Iran says it will always be a reliable trading partner for all European countries, specifically Germany.

  • Belarus purchases first ever oil cargo from Iran

    Belarus purchases first ever oil cargo from Iran

    Feb 17, 2017 13:05

    Reuters reported that Belarus’s Bel Oil had purchased 80,000 tons – equal to 600,000 barrels – of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC) for loading in February.

  • Iran announces leasing deal for 77 new planes

    Iran announces leasing deal for 77 new planes

    Feb 17, 2017 11:09

    Iran says it has reached a final deal with a foreign leasing enterprise to finance the country’s purchases of 77 new planes from global aviation giants Boeing and Airbus.

  • Iran’s auto production up 40% year-on-year

    Iran’s auto production up 40% year-on-year

    Feb 13, 2017 02:41

    Iran says its production of automobiles has already seen an increase of around 40 percent over a period of 11 months starting 21 March 2016 compared to the same period in the previous year.