Bazaar

Iran to receive first ATR passenger aircraft in a week
May 9, 2021
Iran’s flag carrier Homa will import the first ATR passenger aircraft in one week, Homa CEO Farhad Parvaresh said. According to Parvaresh, this will be...
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MTN ready to pump billions into Iran
May 9, 2021
MTN said on Monday that it has agreed, on a non-binding and preliminary basis for now, to invest R540 million into Iranian fixed broadband provider...
Iran buys gear to shield gas output from new any US sanctions
May 8, 2021
Iran is buying equipment to avert a possible disruption in output at its share of the world’s biggest natural gas field, in the event the...
Iran says $55 oil price suitable, sees supply cut extension
May 7, 2021
Iran sees $55 per barrel as a suitable price for crude oil, and believes that OPEC and non-OPEC producers are likely to extend output curbs...
OPEC deal backfires: Saudis lose market share to Iran, Iraq
May 2, 2021
Since the start of OPEC’s production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher...
Boeing moves ahead on delivering first jets to Iran next year
May 2, 2021
Boeing Co. is making “steady progress” to complete the terms of an 80-jetliner sale to Iran Air and expects to deliver the initial planes next...
Iran offers India to run phase one of Chabahar Port
April 30, 2021
India’s presence in the strategically located Iranian port of Chabahar — Delhi’s primary gateway to landlocked Afghanistan — is all set to get a big...
Iran’s exports to EU jump three fold following nuclear deal
April 30, 2021
Iran’s exports to the European Union have increased three fold after the implementation of nuclear deal between Iran and the six major world powers in...
Iran, Total to finalize South Pars deal within weeks
April 24, 2021
Iran says it expects France’s Total to finalize an agreement over the development of a key natural gas project in the country’s south in less...
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Lufthansa in talks with Iran Air over catering, maintenance deals
April 19, 2021
Lufthansa is in talks with Iran Air over providing catering, maintenance and pilot training services as it seeks to take advantage of new business opportunities...
IranAir signs contract with ATR to buy 20 planes
April 10, 2021
IranAir has signed a contract to buy 20 planes from turboprop maker ATR, Iranian deputy transport minister was quoted as saying on Monday. The deal...
Iran may receive first Boeing jet sooner than planned
April 10, 2021
IranAir may get its first new Boeing jetliner a year earlier than expected under a deal to take jets originally bought by cash-strapped Turkish Airlines,...
Trump faces test as Boeing signs $3 billion deal with Iran
April 5, 2021
By Rick Gladstone The Boeing Company announced a tentative agreement on Tuesday to sell up to 60 737s to an Iranian airline, a transaction valued...
Boeing says it signed $3 billion deal With Iranian airline
April 4, 2021
Boeing Co. said on Tuesday it has signed a new, $3 billion deal with Iran’s Aseman Airlines to supply 30 737 MAX aircraft to the...
Iran is Back: With Int’l Sanctions lifted and Putin Friendly, Tehran is on a Roll
April 3, 2021
By Juan Cole, Informed Comment Iranian petroleum sales to its top four Asian customers rose nearly 60% year on year in March, and total exports...
WSJ: European firms seize Iran opportunities
March 28, 2021
European firms have been flocking to Iran since the nation’s 2015 nuclear accord with world powers, which led to the lifting of a range of...
Hyundai signs 3 billion euro deal for Iran oil project
March 14, 2021
Hyundai has signed a deal worth three billion euros ($3.2 billion) to invest in a major Iranian oil project, the South Korean firm confirmed on...
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113 new passenger cars join Iran’s railroad fleet
March 14, 2021
During an official ceremony held on Monday at Tehran Railway Station, nearly 113 new and renovated passenger cars ware added to Iran’s Railroad Network.
Armenia plans to build free economic zone with Iran
March 12, 2021
Armenia is currently in negotiations with southern neighbor Iran over plans to establish a free economic zone in Meghri, a town in the country’s southern...
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Iran’s domestically-made electric car ready for sale
March 5, 2022
An electric car manufactured by an Iranian knowledge-based company will soon hit the roads, Iranian media reported. The two-seat electric car, named ‘Yooz’ (meaning cheetah in...