Tag Archives | General Electric (GE)

UKEF may Finance Iran Aircraft Deal

Iran’s Deputy Transport Minister Asghar Fakhrieh Kashan said UK Export Finance (UKEF) is in talks with the Islamic Republic to facilitate the financing of aircraft sales to the country’s national flag-carrier airline Iran Air. “We have received some offers from UKEF, that is under review by Iran,” Fakhrieh Kashan told Reuters on Thursday. He added […]

GE Explores Opportunities in Iran

By John Lee. The Wall Street Journal reports that the chief executive of General Electric‘s oil and gas business, Lorenzo Simonelli (pictured), has visited Iran to explore business opportunities in the country. A spokeswoman for GE Oil & Gas said: “In line with the easing of sanctions, we have begun looking at potential business opportunities in […]