Germany OKs €1.2bn loan for Iran rail plan

Germany has reportedly agreed to provide Iran with a €1.2 billion ($1.27 billion) credit line to help finance a key rail project in what is seen as the biggest foreign financing the country has been able to secure after the removal of sanctions.

Iran-Indonesia joint economic committee meeting due on Thursday

Attended by Iranian Communications and Information Technology Minister Mahmoud Vaezi, the 12th round of Iran-Indonesia Joint Economic Committee meeting is due to start on Thursday in Jakarta, IRNA reported quoting Valiollah Mohammadi Nasrabadi, Iranian ambassador to Indonesia.

Norway’s DNO to study key Iranian oil field

Iran has signed an agreement with Norway’s DNO to study the development of a key oil field which is believed to be jointly shared with Iraq in a yet another sign that shows Western companies are already welcoming the country’s lucrative post-sanctions investment opportunities.

Kish Island hosting Iran Air Show 2016

Iran Air Show 2016, the 8th edition of the international event, which will be held until November 19 on Kish Island, south of Iran, kicked off on Wednesday in the presence of high-ranking Iranian officials, Tasnim news agency reported.

Total, Shell join Iran-Oman pipeline talks

Iran says it has hosted a fresh round of talks with Oman for the construction of a subsea pipeline to export natural gas to the Persian Gulf Sultanate, emphasizing that two global energy giants have also been present in the discussions – Total and Shell.
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