Iran Air, Boeing finalize $16.6b deal

The Airline of the Islamic Republic of Iran (Iran Air) signed a $16.6 billion deal to buy 80 passenger planes from U.S. aircraft maker Boeing, IRNA quoted Farhad Parvaresh, the managing director of the Iranian flag carrier as saying on Sunday.

Rise in Iran’s non-oil exports

Iran experts $28.117 billion of non-oil products in the first eight months of the current Iranian calendar year. It shows 5.74 percent rise compared to the same period last year.

Iran's NISOC, Schlumberger sign MOU on 3 oilfields studies

National Iranian South Oil Company (NISOC) and Schlumberger Ltd., the world’s largest oil driller by market value, signed a memorandum of understanding (MOU) on Sunday to carry out preliminary studies over three oilfields in southwestern Khuzestan province in Iran, Shana reported.

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.
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