Iran to buy 40 ATR planes: vice minister
Iran expects to finalise within days a deal to buy up to 40 planes from ATR, the European manufacturer of turboprop aircraft, a deputy transport minister said Saturday.
Police arrest students protesting at Iranian oil ministrys contracts
A group of Iranian students on Saturday gathered in front of the oil ministry in Tehran to protest at the Iran Petroleum Contract (IPC) model slated to be followed in foreign oil contracts, but the police dispersed the demonstrators and detained a number of them.
Singapore lifts ban on transactions with Iran
Singapore has scrapped its prohibition on transactions with Iran, the latest outcome of the entry into force of Tehrans nuclear agreement with world powers earlier this month.
Iran adds 160kb to crude production capacity
Development projects at North Azadegan and Yadavaran are close to completion adding 160,000 barrels a day to the countrys crude oil output, a senior Iranian petroleum official said.
Iran container ships set for Europe sailings after five years
Irans biggest shipping line hopes to start calling again at European ports, with plans for a bi-weekly service connecting India, Iran and Europe as early as next month, according to people familiar with the matter.