Wednesday 22 October 2014
 
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Iran

Iran offers compromises; West unmoved

Iran is pushing what it portrays as a new compromise proposal in nuclear talks, but Western negotiators say it offers no viable concessions, underscoring how far apart the two sides are as they enter crunch time before a November 24 deadline.

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India to pay Iran $500m next week as second part of oil deal

Indian refiners will pay $500 million to Iran next week, the second installment in an interim deal that allows Tehran to recover part of overseas frozen oil revenues that are payments for oil it has sold, two industry sources said.

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Gulf Air relaunches service to Iran city

Gulf Air, the national carrier of Bahrain, yesterday (October 18) announced the relaunch of flights to Shiraz, the capital of Fars Province in Iran. The airline's 40th destination will be served with three weekly flights, star

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EU tour operator starts luxury train service to Tehran

 A luxury train connecting the capitals of Hungary and Iran left Budapest for the first time on Wednesday, with 70 passengers set to cross the Balkans, the Bosphorus and Kurdistan on the way to Persia aboard a set of deluxe railcars.

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Tehran train trip newest luxury pursuit

 A luxury train connecting the capitals of Hungary and Iran left Budapest for the first time on Wednesday, with 70 passengers set to cross the Balkans, the Bosphorus and Kurdistan on the way to Persia aboard a set of deluxe railcars.

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Iran buyers buy corn as grain import gathers pace

Private importers in Iran bought 95,000 to 120,000 tonnes of corn in the past few weeks, adding to other recent large grain purchases as the country builds up strategic stocks, trade sources said on Friday. The sources said the co

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In shift, Opec price hawk Iran says can live with lower oil

Iran, in a change of tack, is saying it can live with lower oil prices, moving closer to the views of Saudi Arabia and other Gulf Opec members and reducing the likelihood of any collective cut in Opec output to support prices. &nb

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Saudi, Iran swap blames as tensions persist

Senior Saudi and Iranian officials have renewed criticism of each other's interventions in the Middle East in a sign that tensions between the rival Gulf powers remain high despite top-level meetings this summer. Saudi Foreign

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Iran to commission six petchem units by March

Iran is expected to launch six new petrochemical units by March 2015, a senior official of the National Petrochemical Company was quoted as saying. The start-up of these units will add approximately 2 million tonnes of products pe

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Senior police officers among 7 dead in Iran plane crash

An Iranian police plane crashed late on Saturday killing four high-ranking officers investigating the deaths of police in a province that borders Pakistan and Afghanistan, state news agency Iran reported. Three crew also died in t

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