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Iran introduces its own credit cards
Sep 26, 2016 01:12Iran has introduced credit cards for the first time in what appears to be a plan to encourage spending by the public.
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Saudis offer oil cut if Iran freezes output
Sep 23, 2016 12:49Saudi Arabia has reportedly announced that it is ready to reduce its oil production provided that Iran agrees to cap its own output over the remaining months to the end of 2016.
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Iran says purchases from Boeing ‘easier’
Sep 22, 2016 14:23Iran says it expects the proceedings to purchase planes from US aviation giant Boeing to proceed faster than that with Airbus.
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Airbus says granted US license to sell planes to Iran
Sep 21, 2016 17:16Airbus says it has obtained an initial license from the United States to supply passenger jets to Iran as part of a 25-billion-dollar deal between the aircraft manufacturer and the Islamic Republic signed in January.
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Siemens gives Iran first post-sanction turbine
Sep 21, 2016 11:51German engineering group Siemens says it has shipped the first F-class gas turbine to Iran for the construction of a power plant.
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Swiss firm inks $839 million Iran wind farm deal
Sep 21, 2016 11:23A Swiss company says it has signed a 750 million-euro ($839 million) deal with Iran to build a wind farm in the country’s mountainous north.
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Calls emerge in Iran to join oil freeze plan
Sep 19, 2016 00:52Calls are growing in Tehran that the Islamic Republic should join an emerging oil freeze plan to help stabilize prices in international markets.
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Iran-Russia joint bank to help boost rial, ruble
Sep 15, 2016 11:29A top trade official in Tehran says Iran and Russia are working on opening a joint bank between the two countries, adding that the move will help strengthen their currencies.
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Iran says exports of condensate up 76%
Sep 14, 2016 12:14Iran says its exports of gas condensate over a period of five months starting 21 March 2016 have shown a whopping increase of 76 percent compared to the same period last year.
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UK blocks Iran’s gas revenues over bans
Sep 14, 2016 11:53Iran says it has been paid for selling natural gas from a field that it jointly owns with BP in the North Sea but the payments cannot be accessed due to sanctions.