The dollar was stronger against its rival currencies on Monday, nearing a fresh seven-month high against the euro and a record high against the yuan, as investors continue to bet on higher US…
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Oman’s government is covering between 60 and 70% of this year’s budget deficit via international borrowing such as eurobond issues, direct placements of debt and other instruments, the central…
NewsGiven the parlous state of Europe’s economy, it’s hard to imagine that the investments of the region’s banks are among the safest in the world. Yet that is precisely what they would have…
NewsIndia’s celebrated position as the world’s fastest-growing large economy conceals a dangerous weakness: Too few people seem to want to invest in the country. Even going by the government’s growth…
NewsChristine Lagarde, Managing Director of International Monetary Fund on Monday congratulated Prime Minister Nawaz Sharif on successfully completing the IMF program, saying the completion reflected…
NewsThe outlook from Moody’s rating agency for Russia’s banking system has been revised to stable from negative due to “emerging signs of the country’s economic recovery which will likely benefit its…
NewsA short-term cap in oil output would reduce market volatility, Russian Energy Minister Alexander Novak said on Monday at a meeting with OPEC Secretary-General Mohammed Barkindo, as both are…
NewsOil prices fell on Monday as Iraq said it wanted to be exempt from an OPEC deal to cut production, though losses were capped by Iran saying it would encourage other members to join an output…
NewsEnergy Minister Hamid Chitchian on Monday reiterated plans to build five photovoltaic power stations in the near future as part of declared national policy to boost electricity production from…
NewsCompanies are expanding talks with western officials on investment and cooperation in the petrochemical industry in line with long-haul plans to raise billions of dollars in foreign investment to…
NewsThe cost of developing the second phase of North Azadegan Oilfield in Khuzestan Province are expected to be reduced due to the removal of international sanctions in January, the executive director…
NewsA deputy oil minister said on Monday that Tehran was ready to encourage other OPEC members to join a plan to freeze output to bring stability to the volatile oil market.
NewsAngola became China's largest crude supplier for the second time in September, taking the top position from Russia, customs data showed on Monday. China imported 4.19 million tons of oil from the…
NewsTehran Stock Exchange’s main index, TEDPIX, gained 198.50 points or 0.25% to end Monday trade at 78,568.8.
More than 795 million shares valued at $55.6 million changed hands for the day.…
NewsHalf-year corporate earnings reports are coming out. Twenty-four companies listed on Tehran Stock Exchange and Iran Fara Bourse released their half-year financial statements on Monday, covering…
NewsA group of 35 Belgian businessmen visited the Tehran Stock Exchange on Sunday. The group toured the trading floor on Hafez Street and was briefed on Iran’s capital market structure, tools and…
NewsThe government sold only 41.4% of the bonds it offered in the first five months of the current Iranian year (started March 20).
The IRNA report showed Iran’s small money market overflowed…
NewsClose to 580 kilograms of caviar worth around $1.39 million were exported to 12 countries during the first half of the current Iranian year (started March 20), registering an 18.5% decline in…
NewsEfforts to utilize Iran’s transportation capacities are gaining momentum, with multilateral meetings with Europe, Turkey and CIS states held in Tehran in recent days focusing on transit…
NewsThe number of jobs grew by 3.4% in the first quarter of the current Iranian year (started March 20) compared with last year’s corresponding period, the director general of Accountancy Bureau of…
NewsFormal talks for visa-free travel between Iran and Russia will begin as early as next year, says Iran’s Ambassador to Russia Mehdi Sanaei.
In a long post on his personal channel on the…
NewsIranian companies undertook $100 million worth of technical and engineering projects in other countries during the first half of the current Iranian year (started March 20), according to the…
NewsIranian Minister of Roads and Urban Development Abbas Akhoundi and Dutch Minister of Infrastructure and Environment Melanie Schultz van Haegen signed an agreement on marine transportation and…
NewsA total of 6,021 flights were operated by 14 domestic airlines during the Iranian month ending on Sept. 21, out of which 3,388 or 56.2% were delayed, a report by Iran Civil Aviation Organization…
NewsThe 15th International Exhibition of Poultry, Livestock, Dairy and Related Industries, known as IRANPLEX 2016, is scheduled to be held at Tehran’s International Exhibition Center during October 27…
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