Lloyd's of London, the British insurance firm, is to send international insurance marketing experts to Iran, to study potentials in the country's free trade zones, said the company’s chief…
A 10-12% annual increase in foreign exchange rates based on the inflation rate is not an anomaly, says a economist.
“Those who insist that currency rates must stay fixed should (also) keep…
A banking official admits a significant rise in the interbank interest rates, but denies reports that put the rates as high as 24%.
“Interbank interest rates have increased from 16% to 21%…
Representatives from 47 of the world's most disadvantaged nations have pledged to generate all their future energy needs from renewables. Members of the Climate Vulnerable Forum (CVF) issued their…
Iraq's exports from the Kirkuk oilfield through an export pipeline to Turkey have dropped because of power outages, an official at state-run North Oil Co. said. Exports are currently running at…
The Obama administration on Friday blocked new exploration for oil and gas in Arctic waters, in a win for environmental groups that had fought development of the ecologically fragile region.
Spanish and French equipment for phases 20 and 21 of the giant South Pars Gas Field have been released, the director of the two phases said in a statement.
“Bans on several Japanese…
Negotiations are underway between Bandar Imam Petrochemical Complex and Germany's Linde Group regarding investment in the major petrochemical complex in south Iran, managing director of BIPC said…
Oil Minister Bijan Namdar Zanganeh said he is optimistic that OPEC members will agree to proposed production cuts at a meeting in Vienna later this month.
Zanganeh made the statement after…
Iran's nuclear chief said Tehran will make the first payment within two weeks for two new nuclear power plants to be built with Russian assistance in the southern Bushehr Province.
Tehran Stock Exchange’s main index inched up 10.23 points or 0.01% to end Saturday trade at 79,278.60.
More than 678 million shares valued at $41.5 million changed hands for the day.
…
The rise in steel prices in Iran could speed up significantly this week, although local demand is not strong.
The appreciation of the dollar against the Iranian rial, as well as concerns…
Airbus says it is evaluating the implications of a congressional vote that could block it and Boeing from providing jets to Iran, as a $27 billion order announced in January is at stake.
Markets in Tehran had a rocky month. Though they mostly traded sideways, both of Tehran’s equity exchanges hit record highs in the month.
However, the month’s calamitous event was Donald…
Iran Fara Bourse will list Iran Mercantile Exchange on its primary board. IME’s request was approved, but not before the exchange doubled its capital to 900 billion rials ($24.4 million at market…
Some 1,000 tons of cement and 28,000 tons of rebar are used every day for the construction of the Tehran-North Freeway, according to deputy minister of roads and urban development, Saeed…
Following the relaxation of sanctions, Iran now has plans for fresh development of its infrastructure and industry, and the country’s aluminum sector in particular has been targeted for key…
A 50-strong commercial delegation from Slovenia headed by the southeast European country’s President Borut Pahor is scheduled to arrive in Tehran on Tuesday, Iran Chamber of Commerce, Industries,…
The meetings of the Fourth Brazil-Iran Economic Commission concluded in Brasilia on Friday.
Minister of Economic Affairs and Finance Ali Tayyebnia led the Iranian side to the joint…
A delegation comprising 45 representatives of the private sector headed by President of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari has left Iran on Sunday for a…
The First International Exhibition of Horticulture, Inputs, Greenhouses, Related Industries, Machinery and Equipment, otherwise known as HIGEX 2016, will be held at Tehran Municipality’s…
Chancellor Philip Hammond has said he aims to make the economy “match fit for the opportunities and challenges ahead” as the UK approaches Brexit.
Ahead of his first Autumn Statement, he…
Market developments will be closely monitored by the Turkish Central Bank, and necessary measures will continue to be taken to support financial stability, said Turkey’s Economic Coordination…
If Middle Eastern countries do not start making real progress on fundamental political and economic reforms, further regional turmoil is inevitable.
With the rentier systems that…
Strong construction and infrastructure investment and upbeat consumer spending bolstered growth.
The Philippine economy is the fastest growing in Asia, at 7.1% on-year July-September—its…
