Russian law enforcement officials detained Economy Minister Alexei Ulyukayev on corruption charges linked to a $5 billion acquisition by state oil giant Rosneft.
President-elect Donald Trump is in for a quick wakeup call and will have to adjust his temperament when he confronts the realities of his new job on Jan. 20, President Barack Obama said on Monday…
German police on Tuesday raided 200 sites across 10 states in a probe against a militant group suspected of inciting hate. The group called The True Religion (Die wahre Religion) has now also been…
US President Barack Obama’s administration said he would veto legislation seeking to block financial transactions related to the export of passenger aircraft to Iran, saying it would undermine the…
Iran exported 4.6 million tons of non-oil goods worth $2.2 billion to South Korea during the seven months to October 21. The export value during last year's corresponding period stood at only $59.…
The Islamic Republic of Iran Customs Administration announced that all customs procedures for exports are now being carried out electronically. Following the implementation of the so-called Single…
Data from nearly 19.5 million or 81% of households have been collected from across the country by field officers since the beginning of the door-to-door phase of the eighth National Population and…
As Tehran’s air pollution is getting worse every year, authorities are scrambling to find solutions.
The phenomenon is exacerbated in winter, as cold weather prevents air circulation within…
Seven provinces, namely Markazi Province (6.7%), West Azarbaijan (7.5%), Hamedan (8%), Semnan (8.1%), Zanjan (8.2%), North Khorasan (9.7%) and Gilan (9.9%), registered single-digit unemployment…
Iran’s Economy Minister Ali Tayyebnia left Tehran for Brasilia on Tuesday to attend a meeting of Brazil-Iran Economic Commission after a gap of two decades. He is also scheduled to meet Brazilian…
Final agreements on work of Russian oil companies in Iran may be reached during a meeting of the intergovernmental commission in Tehran due December 13, speaker of Russia's Federation Council…
Iran became the top crude exporter to France in September, for the first time since it began exports there after the removal of international sanctions in January.
It surpassed Saudi…
Negotiations are underway between Iran's National Petrochemical Company and two unnamed German companies to open two lines of credit worth €12 billion ($12.9 billion), NPC's head of financial…
OPEC nations embarked on a final diplomatic effort to secure a deal on oil cuts, with Qatar, Algeria and Venezuela leading the push to overcome the divide between the group’s biggest producers,…
British oil company BP Plc has plans to invest some $13 billion in Egypt before 2020, the UK embassy in Cairo said in a statement on Monday.
According to the embassy, Britain has been…
Italian oil and gas servicing companies, Saipem and Tecnimont, are planning to build a 120,000-barrel per day gas condensate refinery in Fars Province, the managing director of Ghadir Investment…
The National Iranian Tanker Co., the country’s top oil-shipping company, is tinkering with plans to list some of its shares in domestic and international markets, the chief executive said.
The joint Majlis commission for reviewing the sixth economic development plan (2016-2021) has passed a measure allowing the Central Bank of Iran to exercise its supervisory and disciplinary…
Axco Insurance Information Services (Axco) has released its latest country report on Iran, highlighting hesitancy from international brokers and reinsurers, despite the country offering vast…
The government has managed to lower the amount of non-performing loans of banks from 15% three years ago to 11%t, says Valiollah Seif, the governor of the Central Bank of Iran. The volume is…
Iranian banks must commit to increasing their capital and reaching a capital adequacy ratio of at least 8%, says a deputy economy minister.
"A minimum capital adequacy of 8% and reaching a…
Tehran Stock Exchange’s main index shed 105.30 points or 0.13% to end Tuesday trade at 79,236.2.
More than 1.2 billion shares valued at $78 million changed hands for the day.
Niroo…
Yum! is the only foreign trademark registered in Iran in the fast food sector, says the legal director of Z.K.D. Corporation, the representative of the American brand in Iran.
“Burger Sun…
The Iranian government is on a fast track to tackle the issue of unprocessed mineral exports.
Various mineral processing plants are being established in rapid succession to create further…
Tehran Stock Exchange’s board of directors has got a new chairman and vice chairman. Representatives of majority shareholders in the company also extended Chief Executive Hassan Qalibaf-Asl’s term…
