Minister of Economic Affairs and Finance Ali Tayyebnia believes an 8% economic growth for the upcoming Iranian year (March 2017-18) is within reach, “if the political wrangling during presidential…

Tehran was the eighth most traffic-congested city among 30 cities in the world in 2015. 

According to secretary of Iran Urban Economics Scientific Association, Seyed Mohsen Tabatabaie…

Japan has extended $7 million as grant to the Islamic Republic of Iran Customs Administration to procure X-ray machines, says IRICA chief Masoud Karbasian.

Karbasian noted that up until now…

The government of President Hassan Rouhani has provided wide-ranging tax incentives to promote manufacturing, investment and non-oil exports, the head of the Iranian National Tax Administration…

Iran is expecting several newly-purchased planes to be delivered before a March 20 deadline, which marks the end of the current Iranian year.

Annual UK business losses from fraud and error hit a record £125 billion ($155 billion) as fraudsters increasingly take advantage of technology and corporate inaction.

The Portuguese economy grew by 1.4% in 2016, down two-tenths of a percentage point compared to the 1.6% growth recorded in 2015, the National Statistics Institute said in Lisbon, Portugalnews…

Turkey’s unemployment rate rose to 12.1% in November 2016, reaching its highest level since March 2010, according to the labor statistics revealed by the Turkish Statistical Institute on Wednesday…

South Korea’s economy posted trade surplus for 60 months through January thanks to a double-digit growth in exports, which account for about half of the economy, customs data showed Wednesday,…

Ukraine said late Tuesday its economy expanded at a surprisingly fast pace of nearly 5% in the fourth quarter as it continued its steady climb out of a two-year recession, AFP reported. The State…

Kazakhstan is considering a 2.1 trillion-tenge ($6.5 billion) plan this year to restore banks to health, widening its budget deficit and tapping its oil wealth fund to cover the costs.

France, Germany and Italy have asked the European Commission to rethink rules on foreign investment into the EU amid concerns that technological know-how is leaking abroad, the three countries…

Financial stocks lifted the S&P 500 to a record closing high for a fourth consecutive session on Tuesday and the dollar strengthened as US Federal Reserve Chair Janet Yellen struck a hawkish…

Solar power installations doubled in 2016 over 2015, as more and more areas of the United States began pulling their power from the sun.

For the first time, solar power installations formed…

Eni SpA will start producing from the giant Zohr natural gas field off Egypt’s Mediterranean coast by the end of 2017 and plans to invest $10 billion in the North African country over the next…

A British drone operator has won a contract to inspect rigs operated by one of the world’s largest oil producers. Sky Futures Ltd. will deploy drones at Eni S.p.A. facilities as part of a global…

India's oil imports from Iran more than trebled in January compared with the same month of last year and South Korea's intake more than doubled from a year ago as the Middle Eastern country…

The development of joint oil and gas fields is the mainstay of Iran's petroleum industry, Oil Minister Bijan Namdar Zanganeh said, underlining that shared fields with Iraq and Qatar top Tehran's…

In line with policies to expand oil markets in Southeast Asia, an Iranian tanker is on its way to Indonesia’s Cilacap Port to unload its crude oil cargo, the first Iranian vessel to sail to the…

Some 4,400 tons of Persian hand-woven carpets worth $275 million were exported from Iran during the 10 months to January 19, registering a 19% rise compared with the corresponding period of last…

While the range of steel producers, especially in Europe, is actively developing their distribution chains through the Internet, Iran is taking first steps on its way to digitalization. 

All initial public offerings on the Iranian equity market have been suspended till the end of the current fiscal year (March 20, 2017), an official with the Securities and Exchange Organization…

In an operation carried out by the Intelligence Ministry on the outskirts of Tehran, seven containers of apparel, textile and accessories worth about 10 billion rials ($2.6 million) were…

Tehran Stock Exchange’s main index gained 189.50 points or 0.25% to end Wednesday trade at 77,189.7.

About 981 million shares valued at $91 million changed hands for the day.

…

More Americans traveled to Cuba in the last year than ever before, thanks to the opening of diplomatic relations between the United States and Cuba and the easing of travel restrictions. Despite…