• Iran: Small EU banks ready to work

    Iran: Small EU banks ready to work

    Sep 14, 2016 08:25

    Parviz Aghili, head of the private Middle East Bank in Tehran said a certain number of small European banks have agreed to work with the country multiple months after the removal of the sanctions.

  • India, Iran shipping lines reviving joint venture

    India, Iran shipping lines reviving joint venture

    Sep 03, 2016 11:48

    India’s largest carrier says it plans to revive a four-decade-old joint venture with the Islamic Republic of Iran Shipping Lines (IRISL).

  • First British Airways flight lands in Iran after 4 years

    First British Airways flight lands in Iran after 4 years

    Sep 02, 2016 12:18

    British Airways has resumed direct flights to Iran after a hiatus of four years following the removal of sanctions against the Islamic Republic.

  • British Airways resumes direct flights to Iran

    British Airways resumes direct flights to Iran

    Sep 01, 2016 08:26

    British Airways is set to resume direct flights to Iran after a hiatus of four years in what is seen as a yet another sign of warming ties between the Islamic Republic and Western countries after the removal of the sanctions.

  • Iran’s oil exports to Asian clients up 61%

    Iran’s oil exports to Asian clients up 61%

    Aug 31, 2016 13:06

    Latest figures show a major rise in Iran’s oil exports to Asia in a yet another indication that the country is moving faster toward its goal a to reach pre-sanctions production levels.

  • Iran, Pakistan agree to ditch dollar

    Iran, Pakistan agree to ditch dollar

    Aug 31, 2016 11:42

    Iran and Pakistan have signed an agreement to re-establish banking relationship and carry out trade transactions in local currencies.

  • Iran, Russia ink $1 billion oil rig deal

    Iran, Russia ink $1 billion oil rig deal

    Aug 28, 2016 08:45

    Russian shipbuilder Krasnye Barrikady and an Iranian company have signed a deal worth $1 billion to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf.

  • Iran’s foreign trade exceeds $35.8bn in 5 months

    Iran’s foreign trade exceeds $35.8bn in 5 months

    Aug 23, 2016 15:51

    Iran says its foreign trade income has surpassed $35.817 billion during the first five months of the current Iranian calendar year (started March 20).

  • Turkey awaits Iran okay for huge power deal

    Turkey awaits Iran okay for huge power deal

    Aug 23, 2016 11:44

    Iran and Turkey’s Unit International have concluded negotiations on $3 billion of investment to build 5,000 megawatts of power capacity, awaiting the government’s go-ahead in Tehran to seal the deal.

  • German exports to Iran soar in H1

    German exports to Iran soar in H1

    Aug 22, 2016 12:29

    Official figures show that Germany’s exports to Iran soared in the first half of 2016 after a series of US-engineered sanctions that had been in place against the Islamic Republic for several years were eventually lifted.