After a meeting with the Swedish Minister for European Affairs and Trade Anne Linde, Iran's Minister of Communications and Information Technology Mahmoud Vaezi announced that two Swedish banks…

The Central Bank of Iran will change the base year for calculating Iran’s economic growth in the third quarter, said Peyman Qorbani, CBI’s deputy for economic affairs on Saturday.

“CBI…

Iran's membership in Asian Infrastructure Investment Bank has strengthened the country's economic clout in the region, said the head of Economy Ministry's Department of Banking and Insurance…

The reform plan has reduced the cost of health care by 30% since its implementation in 2013, an Iranian parliamentarian said.

Ahmad Hemmati believes investment in medical equipment and the…

As per the sixth five-year development plan (2017-22), 30% of government revenues earned from value added tax will be used to shore up small- and medium-sized enterprises, according to the head of…

Iran’s 14 domestic airlines operated 17,796 flights during the Iranian month to January 19, 2017, of which close to 42% (7,471 flights) were delayed, data released by the Ministry of Roads and…

Kish Airlines is planning to buy four short-range planes by the end of the current Iranian year (March 20), according to CEO of the Iranian company.

“At present, 20 Iranian provinces have…

Economists have time and again warned about the dire financial conditions of pension funds in Iran and that they are likely to go under in the not-too-distant future.

The costs imposed by…

Budget deficit is taking its toll on Iran’s infrastructure development, leading to underinvestment and worsening recession in industries.

Figures published by the Central Bank of Iran show…

Almost all major central banks have employed quantitative easing, known as QE, during certain periods in the wake of the global financial crisis to revive their economies and reach inflation goals…

Royal Bank of Scotland Group Plc is preparing to cut more than £1 billion ($1.25 billion) of annual operating costs by eliminating jobs and closing branches as it seeks to bolster profitability,…

Driven by its huge financial reserves and continued public sector spending ahead of the FIFA 2022 World Cup, Qatar’s economy is projected to grow stronger in 2017, compared to the regional peers (…

The average rate of inflation in Portugal, measured by the consumer price index, rose from 0.9% in December 2016, to 1.3% in January mainly reflecting a rise in the price of fuel, the Portuguese…

The nation’s top chief executives have warned that Australia’s competitiveness is being eroded by the energy security crunch and tax system as US President Donald Trump advances plans for…

Christine Lagarde, the managing director of the International Monetary Fund, asked the second annual Arab Fiscal Forum on Arab states on Sunday, to implement five-to-10-year revenue targets and…

Swiss voters have clearly rejected plans to overhaul the corporate tax system, in a setback for government efforts to abolish low tax rates for thousands of multinational firms while encouraging…

Despite the prevailing harsh economic situation in Nigeria, experts are optimistic that there are clear indices indicating economic recovery and growth in 2017.

The Swedish premier described Iran as an "important and influential" regional player, with which his government is keen to have closer cooperation, particularly in the field of economy.

The construction of Iran’s newest naval base in the coastal area of Pasabandar in the country’s southeastern corner has been completed, Navy Commander Rear Admiral Habibollah Sayyari announced.…

The commander of Air Force reiterated the peaceful nature of Iran’s defensive military power.

“The Islamic Republic of Iran’s defense power is completely peaceful and the proof of this…

Iraqi President Fuad Masum hailed Iran for extending effective support to the Arab country in its fight against terrorism.  

Head of Iran's Strategic Council on Foreign Relations Kamal Kharrazi described the new US president as a novice that has made many mistakes so far. "Trump is a beginner and a newcomer on the…

Russian Deputy Foreign Minister Sergei Ryabkov said there should be no concerns over the implementation of Iran's 2015 nuclear deal as it was precisely devised.

During an interview with…

President Hassan Rouhani underlined the importance of his government's plans for promoting social and human studies to help identify and address the underlying social problems that impede efforts…

The South Korean economy has been facing heightened internal and external uncertainties on par with those in 2011, when the world was hit hard by the European fiscal crisis, a report said Sunday,…