Iran’s Qeshm Air to buy 10 planes from Boeing

Economy - Only a day after two Iranian airlines announced deals to purchase planes from European aviation giant Airbus, another Iranian carrier says it has sealed a third deal to buy advanced aircraft from US plane-maker Boeing.

Economy - National Iranian Oil Company (NIOC) and the Italian petroleum company Eni signed on Tuesday a memorandum of understanding (MoU) for studying the development of Darkhovin oil field and Kish gas field.
Economy - Cuban Ambassador to Tehran said that Iran and Cuba enjoy great relations under President Hassan Rouhani, expressing hope that Iran will expand ties with Latin America.
Economy - Reports say Iran has received over $4 billion from the United Arab Emirates (UAE) for purchases of gas condensate made before sanctions were imposed against Iran in 2011.
Economy - Inpex, Japan's largest upstream company, announced that it plans to bid in a tender recently launched by Iran to develop the country’s Azadegan oil field.
Economy - Deputy Foreign Minister for Europe-American Affairs Majid Takht-e-Ravanchi and Secretary General of Norway Foreign Ministry Vegra Strommen held the 7th round of talks between Iran and Norway in Tehran on May 7.
Economy - The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition, attended by 4500 national and international companies, started in the Iranian capital on Saturday.
Economy - Minister of Petroleum Bijan Zangeneh said here on Saturday that during the years of President Rouhani's government Iran has turned into an exporter of gas oil.
Economy - French auto giant Peugeot has started the mass production of its latest flagship crossover in Iran – a landmark move that could cement its presence in the Middle East’s biggest vehicle market.
Economy - Russia says it expects trade relations with Iran to grow further this year after increasing almost twofold in 2016.
Economy - Head of the National Petrochemical Company of Iran (NPC) Marzieh Shahdaei said seven new petrochemical projects will come on stream in Iran’s Pars Special Economic Energy Zone by the yearend.
Economy - Iran said on Saturday that it plans to purchase 114 civil aircraft from European aircraft maker Airbus.
Economy - Iran has exported more than a billion liters of gas oil in the first nine months of the current Persian calendar year (started March 21) after achieving self-sufficiency in production of the fuel.
Economy - Saudi Arabia is not in the priority list of targeted exports markets, said Deputy Head of Iranian Trade Development Organization Mohammad-Reza Movadedi.
Economy - The National Iranian Oil Products Distribution Company (NIOPDC) says it has received no request from Shell or Total to set up service stations in Iran, prompting confusion after an official said even licenses had been granted.
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