• Esfahan Steel Company’s rail production line was officially launched last week.

    First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nemtazadeh…

  • Tehran Stock Exchange’s main index gained 494.80 points or 0.63% to end Monday trade at 79,632.3.

    More than 1.25 billion shares valued at $110 million changed hands for the day.

    Iran…

  • Liquidity in Saudi Arabian financial markets is improving owing to government initiatives such as the successful foray into international bond market, a report said.

  • As Greek banks struggle to clean up their balance sheets of bad loans, investors have been left pondering another uncertainty: Who will lead the country’s biggest lenders?

  • HSBC reported a worse-than-expected 86% fall in pre-tax profit for the third quarter, as it accounted for the $1.7 billion in loss resulting from the sale of its Brazilian unit and adverse foreign…

  • Nearly half of small and medium-sized enterprises worldwide cite higher interest rates as the top concern.

    This year a significant new challenge has emerged for SMEs to grapple with–access…

  • Under the Bank of Japan’s latest monetary policy framework, set at its September policy board meeting, “due attention should be paid to the impact of the negative interest rate policy on financial…

  • The European Central Bank’s exceptionally loose monetary policy remains appropriate, a large majority of academics said in a survey on Monday, countering German experts’ dim view of the ECB’s…

  • SoftBank Group Corp. reported better-than-projected second-quarter profit, with the wireless and internet businesses in Japan bringing in cash while Sprint Corp. shows signs of improvement.

  • The National Iranian Oil Company is expected to sign an agreement today with a consortium of companies including the China National Petroleum Corporation International, France's Total and…

  • Egyptian Petroleum Minister Tarek El Molla attended on Monday an oil conference in Abu Dhabi, the UAE, where he told Reuters he was not going to Iran.

    The news appeared to contradict an…

  • Iran will finalize a master development plan for Farzad-B Gas Field with India's Oil and Natural Gas Corporation (ONGC) by the end of November, Mohammad Meshkinfam, director of the Pars Oil and…

  • Elham Aminzadeh, the vice president for legal affairs, said Iran has set laws and regulations to raise significantly the share of renewable sources in the country's energy mix which presently is…

  • From Eni SpA to BP Plc, the biggest international oil companies are reining in capital spending for 2017 and possibly longer as they try to squeeze profits from a crude market battered by a global…

  • Russia, the world’s biggest energy producer, is “on board” with an OPEC agreement to limit crude oil production to help rebalance the market, according to OPEC Secretary-General Mohammed Barkindo…

  • Iran has ramped up export of petroleum products, registering a record high of 25 million liters of diesel in one day, mostly to India and China, managing director of the National Iranian Oil…

  • An average adult Iranian consumes only 15-20 grams of fiber per day while the necessary dietary fiber intake to prevent colon diseases is 30 grams, said Seyed Mohesen Tavaliat Kashani, colorectal…

  • The national health network expansion under the 2014 Health Reform Plan is on track in almost all the provinces except Tehran, said deputy health minister Ali Akbar Sayyari.”That means we now have…

  • Iranian ministers are getting older. In the year 1989 (the first year of the fifth government from 1989-1993), minister of industries, mines and trade Mohammad-Reza Nematzadeh was only 44. Working…

  • Frustrated by the high price of antiviral drugs, thousands of patients from London to Moscow to Sydney are turning to a new wave of online “buyers clubs” to get cheap generic medicines to cure…

  • An estimated 60% of medical equipment is imported at an annual cost of $1.3 billion each year, according to the latest official figures.

  • The Health Ministry has warned that the authenticity of “luxury” bottled water sold at fancy restaurants and upscale markets in the capital Tehran has not been ascertained.

  • The first conference of non-governmental organizations involved in prevention, treatment and rehabilitation of drug addicts will be held December 3-4 at Tehran’s Summit Hall.

  • The Cell Therapy Group of Iran Breast Cancer Research Center (IBCRC) and the department of Molecular Cell Biology and Immunology of Amsterdam’s VU University in the Netherlands are collaborating…

  • Iran must begin preparations for a water-scarce future, as strict water management strategies are not enforced to curb overconsumption of this rare resource, according to a former agriculture…