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Gulf Independent - Iran
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Iran offers hotel tax breaks in bid to boost tourism ASIA

Iran offers hotel tax breaks in bid to boost tourism

Iran offered up to 13 years of tax holidays to hoteliers at an international tourism summit on Sunday as it seeks to boost visitor numbers and revamp its dilapidated hotels.

4:45 AM November 25 2016
Iran showcases home-built combat drone ASIA

Iran showcases home-built combat drone

Iran's Revolutionary Guards unveiled a home-built drone that they said was capable of carrying bombs, state media reported on Saturday, in what appeared to be another copy of a reconnaissance drone that Iran captured five years ago.

4:45 AM November 25 2016
Oil output: Saudis, Iran at loggerheads ECONOMY

Oil output: Saudis, Iran at loggerheads

Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as the group and non-member Russia were still trying to bridge differences between the kingdom and Tehran.

4:45 AM November 25 2016
Iran says not ready for oil output freeze ECONOMY

Iran says not ready for oil output freeze

Iran is not ready to agree to an oil output freeze in Algiers, its Oil Minister Bijan Zanganeh said Tuesday on the eve of an informal OPEC meeting in Algeria's capital.

4:45 AM November 25 2016
Oman Air disables inflight maps over 'Persian' name ASIA

Oman Air disables inflight maps over 'Persian' name

Oman Air has switched off an inflight map system that labelled the waterway between the Arabian Peninsula and Iran, the subject of a bitter naming dispute, as the "Persian Gulf".

4:45 AM November 25 2016
US go ahead on Iran planes lifts trade, banking 'taboo' ECONOMY

US go ahead on Iran planes lifts trade, banking 'taboo'

The US green light for Boeing and Airbus sales to Iran has broken a taboo and opens the door to a potential boom in foreign financial dealings with Tehran, experts said.

4:45 AM November 25 2016
Oman-Iran gas pipeline cost to rise due to new route ASIA

Oman-Iran gas pipeline cost to rise due to new route

A planned subsea natural gas pipeline between Iran and Oman is expected to have a higher estimated cost after the two countries had to change the project's route ...

4:45 AM November 25 2016
Makkah chief in Iran swipe over Islam divide ASIA

Makkah chief in Iran swipe over Islam divide

The governor of Saudi Arabia's Makkah region on Wednesday urged Muslim religious leaders to fight sectarianism, an indirect criticism of Shia Iran.

4:45 AM November 25 2016
Work starts on two new Iran nuclear reactors ASIA

Work starts on two new Iran nuclear reactors

Russian and Iranian firms began work on Saturday on two additional reactors at Iran's nuclear power plant on the Gulf coast at Bushehr, the project manager said.

4:45 AM November 25 2016
Britain sends ambassador to Iran for first time since 2011 ASIA

Britain sends ambassador to Iran for first time since 2011

Britain said on Monday it had appointed an ambassador to Iran for the first time since 2011 as it looks to improve cooperation between the two countries.

4:45 AM November 25 2016
Iraq plans to sell oil through Iran if talks with Kurds fail ECONOMY

Iraq plans to sell oil through Iran if talks with Kurds fail

Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a senior oil ministry official in Baghdad told Reuters.

4:45 AM November 25 2016
Oil bounces as Iran signals support for OPEC freeze action ECONOMY

Oil bounces as Iran signals support for OPEC freeze action

Oil prices rose more than 1 percent on Tuesday, reversing early losses, after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market.

4:45 AM November 25 2016