OFAC

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Pretoria Seeks OFAC License to Work With Iran

EghtesadOnline: South African’s ambassador to Iran has said his country is negotiating with the Office of Foreign Assets Control of the US Treasury Department to get a license for South African banks to work with their Iranian peers.
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Publish Date: 15/February/2018 | 09:04

No OFAC License Needed for Sukhoi Planes

EghtesadOnline: A Russian-made Sukhoi Superjet 100 landed at Tehran’s Mehrabad International Airport on Monday for demonstration purposes.
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Publish Date: 13/February/2018 | 08:02

Sukhoi Seeks OFAC License to Sell Planes to Iran

EghtesadOnline: The Russian planemaker Sukhoi Civil Aircraft Company is trying to obtain a license from the US Treasury Department’s Office of Foreign Assets Control to sell its Super Jet 100 aircraft to Iran, according to an official with the Association of Iranian Airlines.
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Publish Date: 14/February/2017 | 14:33

OFAC Adopts Rule to Expand Medical, Agro Exports to Iran

EghtesadOnline: The United States’ Office of Foreign Assets Control has adopted a final rule amending the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR), to authorize additional transactions related to medicine, medical devices and agricultural commodities.
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Publish Date: 07/February/2017 | 15:22

ATR Applies to US for New Iran License

EghtesadOnline: ATR has applied for a new export license from the US Treasury Department’s Office of Foreign Assets Control to allow it to deliver the final 12 ATR 72s of an order for 20 of the 70-seat turboprops placed in 2016 by Iran Air, the Franco-Italian company confirmed on Monday, aviation media company AINonline reported.
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Publish Date: 04/July/2018 | 05:09

OFAC Seemingly Against Apple’s Anti-Iran Bias

EghtesadOnline: The Office of Foreign Assets Control, the US Treasury Department’s financial intelligence watchdog says Apple is not prohibited from hosting Iranian applications.
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Publish Date: 26/August/2017 | 08:49

OFAC Seemingly Against Apple’s Anti-Iran Bias

EghtesadOnline: The Office of Foreign Assets Control, the US Treasury Department’s financial intelligence watchdog says Apple is not prohibited from hosting Iranian applications.
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Publish Date: 26/August/2017 | 08:49

Iran Jet Licenses Held Up by Delayed OFAC Designations

EghtesadOnline: Iran Aseman Airlines says the pending designation of specific roles inside the US Treasury Department’s Office of Foreign Assets Control has held up licenses for the sales of the jets the airline has purchased from global planemakers.
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Publish Date: 26/August/2017 | 05:45

Iran Jet Licenses Held Up by Delayed OFAC Designations

EghtesadOnline: Iran Aseman Airlines says the pending designation of specific roles inside the US Treasury Department’s Office of Foreign Assets Control has held up licenses for the sales of the jets the airline has purchased from global planemakers.
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Publish Date: 26/August/2017 | 05:45

Boeing, Airbus Deals to be finalized soon

EghtesadOnline: Iranian Transport Minister Abbas Akhoundi said there is nothing to worry about the purchase of aircraft from Boeing Co. and Airbus Group SE, expressing hope the OFAC grant licenses soon for the completion of the purchase deal.
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Publish Date: 03/October/2016 | 08:21

Boeing: No problem to sell airplane to Iran

EghtesadOnline: Deputy managing director of Boeing Company said that it has no problem for selling airplanes to Iran and conditions are ripe for obtaining license from Office of Foreign Assets Control (OFAC).
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Publish Date: 17/September/2016 | 19:26