Tag Archives | Canada

Iran Ministry “Not Involved in Talks” with Bombardier

Iran’s Ministry of Road and Urban Development has not held any talks with Canadian plane manufacturer Bombardier Inc., a deputy minister said, adding that the country’s private sector has been involved in business negotiations with that company. Speaking to Tasnim on Saturday, Asghar Fakhrieh Kashan said he was not informed of the agreements between the […]

Surge in Downloads of Canadian VPN Tools

By John Lee. The Globe and Mail reports that recent protests in Iran are giving a boost to two Canadian companies offering virtual private networks (VPNs) and other software that can circumvent government censorship and surveillance. Ryan Dochuk, head of Toronto’s TunnelBear, said that the company’s software is being downloaded “en masse” in Iran. Another […]

Iran Air appoints First Female CEO

By John Lee. Iran Air has appointed the first female CEO since the airline was established in the 1940s. Farzaneh Sharafbafi, 44, who holds a PhD in aerospace engineering has previously served on company’s board. She replaces Farhad Parvaresh, who will represent Iran at the International Civil Aviation Organization (ICAO) in Canada. (Sources: PressTV, Associated […]

Canadian Court Upholds $1.7bn Judgment against Iran

Canada’s Ontario Court of Appeal has issued a ruling against Iran in favor of those who claim to be victims of Iranians’ support for resistance groups, a report said. On Monday, Ontario’s Court of Appeal upheld a US$1.7-billion judgment against the government of Iran. The plaintiffs had sought compensation in the court under Canada’s Justice […]

Iran, Norway Sign 13 Deals on Fish Farming

Iranian and Norwegian companies have signed thirteen agreements on Saturday for cooperation in the fishing industry. The agreements were signed on the sidelines of an aquaculture exhibition, attended by Iranian Agriculture Minister, Mahmoud Hojjati, and Norway’s Minister of Fisheries and Coastal Affairs, Per Sandberg. Based on the agreements, the Norwegian companies will supply Iran with […]

Iran rebukes Canada for Seizing Iranian Assets

Foreign Ministry spokesman Hossein Jaberi Ansari has rebuked the Canadian government for seizing Iranian assets saying it runs counter to Canadian statement to normalize bilateral relations. He said that based on the reports available, the Canadian Ontario Supreme Court issued a political ruling to confirm a verdict for confiscation of 13 million dollars of Iranian […]

Bombardier denies plans for New Iranian Airline

By John Lee. Canada’s Bombardier has denied media reports that it is launching an airline in Iran. Executive Chairman Pierre Beaudoin led a delegation of company aviation and rail executives to Iran last week, but according to company spokeswoman Marianella de la Barrera no deal has been reached yet on sales with Iranian customers. She […]

Dubai-Based Company Eager to Finance Projects in Iran

Yellow Door Energy, a company with technical expertise in solar energy projects in the Middle East, has expressed willingness to finance two solar power plants in Iran. Representatives of the company, which is headquartered in the Emirati city of Dubai and is mostly owned by Adenium Energy Capital, held a meeting at the Renewable Energy […]

Iran has World’s 5th Lowest Oil Production Costs

By John Lee. A report by Rystad Energy says that Iran has the world’s fifth-lowest-cost crude oil. Kuwait came in lowest at $8.50 per barrel, with Saudi Arabia at $9.90, followed by Iraq at $10.70. Fourth place went to UAE at $12.30, and Iran took fifth place with $12.60. The United Kingdom was the most […]

Iran to Buy 114 Airbus Jets

By John Lee. Iran has agreed to buy 114 Airbus aircraft for state carrier Iran Air. According to Bloomberg Business, the deal includes a mix of new and used jets from the A320 family, and the out-of-production A340s, with first deliveries expected in July. Reuters says that the deal could be worth more than $10 […]

Iran talking to Six Countries to Buy Aircraft

PressTV reports that Iran is in talks with six countries to purchase new commercial aircraft to renovate the country’s aviation fleet after the removal of sanctions. The Secretary of the Association of Iranian Airlines, Maqsoud As’adi-Samani (pictured), told the Tasnim news agency: “After the Vienna agreement, chief executives or sales managers of all aircraft manufacturers […]

Iran gives 30-day visas at airports

By John Lee. Iran is to start issuing 30-day visas for tourists from 58 countries upon arrival at its airports. The Persian-language newspaper Donya-ye Eqtesad says the visas can be extended by 15 more days. Foreign tourists could previously get 14-day visas at Iran’s airports and their visas could not be extended. Eligible countries are: […]

Canadians Accused of Exporting Rail Equipment to Iran

By John Lee. Two Canadians accused of illegally selling railway equipment to Iran appeared in court in Montreal on Wednesday. Michael Allen (67) and Hugo Dreckmann (75) were ordered to return to court on 19th February, 2016. The two, directors of Romic Marc Rail, are accused of illegally exporting nearly $10 million worth of American-made railway equipment to Iran, […]