The Sixth International Exhibition of Agricultural, Organic, Health and Natural Products Technology, otherwise known as “Iran Agro Tech 2016”, is scheduled to be held at Tehran’s International…
Kish Airlines’ second medium-range Airbus 321 aircraft was delivered on Thursday, citing the carrier’s public relations. Kish Airlines’ first twin-engine narrow-body A321 was delivered about a…
Tehran Stock Exchange’s main index gained 599.10 points or 0.76% to end Saturday trade at 79,010.7.
The gain comes after TEDPIX nosedived 1.83% or 1,459 points after news broke that Donald…
The election of Donald Trump as US president has caused concern in Iran, with sellers in the Iranian steel market now pushing for price rises, despite stagnant domestic demand.
Bullish sentiment in the global raw material segment favors Iranian iron ore exports.
Additional support is coming from the Iranian government’s resolve to limit the export of raw…
Mobarakeh Steel Company’s new continuous casting machine was inaugurated by First Vice President Es’haq Jahangiri and the company’s managing director, Bahram Sobhani, last week in Isfahan Province…
More than 180,000 tons of gold ore were extracted from Zarshouran Gold Mine in the first half of the current Iranian year (started March 20), indicating a 64% jump compared to last year’s…
Iran's power exchange with Turkmenistan will increase three times the current levels upon the completion and implementation of a 400-kilovolt power transmission line, a deputy energy minister said…
Iran's crude oil futures traded $47.30 per barrel in October, up more than 14% from the average September price of $41.39 a barrel, the Organization of Petroleum Exporting Countries said in its…
Tehran is in talks with Russian companies on petroleum swap deals, Iran's deputy oil minister for international affairs Amirhossein Zamaninia said.
"Yes, we are," he said when asked whether…
Oil companies booked tankers to store as many as 9 million barrels of crude in northwest Europe amid signs that space in on-land depots is filling up, a ship-operator said.
According to…
Donald Trump's energy policy, that is likely to focus dramatically on oil and gas production, has prompted environmental activists to stand up to his fossil-fuel friendly…
Rosneft PJSC, Russia’s biggest oil producer, said third-quarter profit dropped 77% as a decline in export duties lagged behind slumping crude prices. Net income fell to $400 million from $1.7…
The National Iranian Tanker Company is planning to renovate its tanker fleet and increase the number of ships to carry liquefied gas cargo, including liquefied natural gas (LNG) and liquefied…
The Pakistan Economy Watch on Saturday said reports of International Monetary Fund and World Bank about Pakistan’s economy are disturbing. It asked the government to take steps to revive the…
Egypt won International Monetary Fund approval late Friday for a three-year, $12 billion bailout program aimed at reviving a struggling economy, bringing down public debt and controlling inflation…
Malaysia’s economy expanded at a better-than-forecast pace in the third quarter, snapping five straight quarters of slowing, the central bank said, AFP reported. Bank Negara said gross domestic…
Gold prices fell to their lowest in over five months on Friday, hit by a broad sell-off in commodities as well as surging bond yields on speculation a splurge of US infrastructure spending could…
The Central Bank of Kuwait recently issued the 2015 economic report, which points out that gross domestic product amounted to 40 billion dinars ($132 billion), registering 1.8% growth compared to…
More than $1 trillion was wiped off the value of bonds around the world this week as US President-elect Donald Trump’s policies are seen boosting spending and quickening inflation.
Noura al-Bajari, a member of the Iraqi Parliament’s Economy and Investment Committee, expressed fear in a press statement that Iraq will be unable to pay off its debts. She cited dropping oil…
The Azerbaijan Republic may soon turn into a regional automotive hub, as interest from foreign car manufacturers continues to rise.
Being a favorable platform for major automakers, the…
Volvo, which is better known for its heavy-duty vehicles and buses, has exported 208 passenger vehicles during the first six months of the current Iranian year (started March 20).
According…
Iran Standards and Quality Inspection Company has released a new report on the quality of 41 locally-made cars and seven pickup trucks.
According to this month’s report, for the first time…
Ninety percent of cars in the capital have obtained quality inspection documents, while only 10% have not yet referred to the centers for the annual auto check, the head of Tehran’s Vehicle…
