• Gas output from the giant South Pars field in the Persian Gulf is set to rise by 90 million cubic meters per day by the end of the present fiscal year in March, taking production closer to that of…

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  • Majlis National Security and Foreign Policy Commission will convene this Wednesday to discuss the fourth Foreign Ministry report on the implementation of the Joint Comprehensive Plan of Action.…

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  • Navy Commander Rear Admiral Habibollah Sayyari said Iranian naval forces are making efforts to improve security in the Gulf of Aden, the Red Sea and Bab el-Mandeb, considering the security of…

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  • A senior lawmaker said any move by US President Donald Trump to leak confidential documents on the landmark 2015 nuclear agreement between Iran and major powers would be harmful to the UN nuclear…

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  • A lawmaker said the establishment of a joint legal committee by Iran and Saudi Arabia would be the best way to secure payment of compensation to Iranian pilgrims and their families affected by the…

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  • Luxembourg’s Foreign Minister Jean Asselborn said European countries intend to develop wide-ranging economic cooperation with Iran and increase investment in its infrastructures to secure a “long-…

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  • Foreign policy advisor to the Leader of Islamic Revolution, Ali Akbar Velayati, said US President Donald Trump will not risk getting entangled with an "iron dam" like Iran, saying the US would…

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  • Foreign Minister Mohammad Javad Zarif congratulated his former German counterpart, Frank-Walter Steinmeier, on his election as president of the West European country, praising him as a prominent…

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  • Egyptian chocolate spread maker Swifax has doubled its sales and is struggling to keep up with demand since the pound currency dived in November, forcing shoppers traditionally “obsessed with…

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  • Not so long ago, Mongolia was the world’s fastest-growing economy. Now, by nearly every metric, it’s in a dire fix. Its debt has surged, its currency has plummeted, and its budget deficit has…

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  • Polish public finance deficit amounted to 2.3% of GDP in 2016, the lowest level since 2007, Radio Poland quoted the European Commission report as saying. According to the EC, in 2017 deficit will…

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  • As the global economy continues to struggle with a weak recovery, the question is whether the age of deflation will now be replaced by stagflation? 

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  • French Economy Minister Michel Sapin has dismissed a US attack on Germany’s trade surplus but urged Europe’s biggest economy to boost its spending on investment.

    In an interview trailed by…

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  • Cyprus is experiencing a solid economic recovery and growth is expected to remain robust, although it looks set to slow slightly, the European Commission forecasted on Monday.

    Inflation is…

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  • Hyundai Motor Group has hired a former General Motors (GM) researcher to oversee its center to develop fully autonomous vehicles, joining other automakers and Silicon Valley giants in accelerating…

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  • Iran’s second largest automaker, SAIPA, along with its subsidiaries, namely Pars Khodro and part manufacturing divisions, is participating in the Baghdad International Automotive and Spare Parts…

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  • Chief executives of PSA Group’s Citroen and SAIPA held a joint press conference at the weekend during which the French director said that Citroen is aiming to claim a 30% share of Iran’s auto…

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  • A major leap has been reported in the consumption of automotive glass in the first nine months of the fiscal year (March-December 2016) due to the 39% increase auto production compared to the…

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  • The fourth edition of Iran Automotive Industry International Conference was held February 12-13 in Tehran at the iconic Milad Tower Conference Hall. On the sidelines in a panel discussion, the CEO…

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  • A bill approved by lawmakers to make women eligible for retirement after 20 years of work, regardless of age, was censured by the Expediency Council and sent back to the parliament for revision.…

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  • Infertility affects a large number of couples and individuals who are trying to conceive. New research suggests that a daily low dose of aspirin may increase chances of conception for women with…

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  • The healthcare spending on Iran’s 6.4 million elderly (from the 80 million population) is 9 times higher than the healthcare expenses for other age groups, said Mohammad Javad Kabir, head of…

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  • Heavy snowfall on Haraz Road early Monday has led to the closure of the road until further notice, said Colonel Mohammadreza Khosravian, head of Mazandaran Province Road Traffic Police. Stating…

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  • The common and uncommon side effects of cancer treatment will be discussed at a one-day specialized seminar on ‘Side Effects of Oncology Treatment’ in Tehran on February 16.

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  • Bosnia reported its first case of bird flu on Sunday, after the H5N8 strain was detected at a hen farm in the northwestern town of Prijedor.

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