Aviation & Airports
Iran plans to launch air taxi services, says the head of Iran Airports Company, Siavash Amir-Mokri.
According to the official, since many airports in Iran are operating below capacity due to shortage of aircraft, Minister of Roads and Urban Development Mohammad Eslami has ordered the use of air taxis for passenger transportation, Iranian news website Digiato reported.
An air taxi is a small commercial aircraft that makes short flights on demand.
Foreign direct investment (FDI) in Iran has risen 20 percent during the first seven months of the current Iranian calendar year (March 21-October 22) from the same period of time in the past year, Iranian Finance and Economic Affairs Minister Farhad Dejpasand announced on Monday.
Iranian Finance and Economic Affairs Minister Farhad Dejpasand said that the forex rate in the budget for the next Iranian calendar year (begins on March 20, 2020) is not to be changed significantly from the rate envisaged in the current year’s budget, Tasnim news agency reported.
Iran’s Finance and Economic Affairs Minister Farhad Dejpasand has announced that over 170 trillion rials (about $4.04 billion) worth of Iranian banks’ excess properties have been put for sale as part of a plan to reform the country’s banking sector, IRIB reported.
Iran’s Imam Khomeini International Airport (IKIA) City Complex is set to become a financial hub in the region, IRIB reported, quoting the managing director of Imam Khomeini Airport City.
During the company’s Capital Markets Day in London on Friday, Magnitogorsk Iron & Steel PJSC, (MMK) Russia’s oldest steelmaker, told analysts, investors and press that its strategy is focused on sustainable development principles which “reflect a balance between improvement in operational and financial performance and social responsibility, along with environmental protection.”
A senior member of the presiding board of Iran Airports Company underscored that the US has failed in crippling Iran's air industry through pressures and sanctions.