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Iran: Small EU banks ready to work
Sep 14, 2016 08:25Parviz 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.
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India, Iran shipping lines reviving joint venture
Sep 03, 2016 11:48India’s largest carrier says it plans to revive a four-decade-old joint venture with the Islamic Republic of Iran Shipping Lines (IRISL).
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First British Airways flight lands in Iran after 4 years
Sep 02, 2016 12:18British Airways has resumed direct flights to Iran after a hiatus of four years following the removal of sanctions against the Islamic Republic.
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British Airways resumes direct flights to Iran
Sep 01, 2016 08:26British 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.
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Iran’s oil exports to Asian clients up 61%
Aug 31, 2016 13:06Latest 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.
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Iran, Pakistan agree to ditch dollar
Aug 31, 2016 11:42Iran and Pakistan have signed an agreement to re-establish banking relationship and carry out trade transactions in local currencies.
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Iran, Russia ink $1 billion oil rig deal
Aug 28, 2016 08:45Russian 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.
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Iran’s foreign trade exceeds $35.8bn in 5 months
Aug 23, 2016 15:51Iran says its foreign trade income has surpassed $35.817 billion during the first five months of the current Iranian calendar year (started March 20).
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Turkey awaits Iran okay for huge power deal
Aug 23, 2016 11:44Iran 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.
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German exports to Iran soar in H1
Aug 22, 2016 12:29Official 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.