The government's measures to plump up the capital cushion of public-sector banks will see the capital of Bank of Industry and Mine rise to 60 trillion rials ($1.5 billion), announced the bank's…

Middle East Life Insurance Company, affiliated with the privately-owned Middle East Bank, officially started operating on Monday as the first specialized Iranian insurance firm.

Dana Insurance Company, a major Iranian insurance firm, said it will expand ties with major Indian insurance firms, especially ones that continued to work with Iran during sanctions. Managing…

Per capita red meat consumption in Iran’s urban areas has decreased by 25% over the past decade to stand at 11.43 kilograms in the last Iranian year (March 2015-16), according to the head of…

Close to 6,300 tons of pomegranates worth 148 billion rials ($3.84 million) were exported during the nine months to December 20, the Islamic Republic of Iran Customs Administration’s data show.…

The United States’ Office of Foreign Assets Control has adopted a final rule amending the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR), to authorize additional…

The Iranian National Tax Administration has earned 810 trillion rials ($20.9 billion) in tax revenues so far in the current Iranian year (started March 20, 2016), according to its chief Kamel…

China is Iran’s biggest trading partner, yet while the trade marked an all-time high in terms of volume, trade value has taken a beating amid the global bear market.

“In 2016, 66.32…

Tehran Stock Exchange’s main index added 62.70 points or 0.08% to end Monday trade at 76,678.7.

More than 1.6 billion shares valued at $56.3 million changed hands for the day.

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When Iranian and Indian leaders signed the agreement to jointly develop the Chabahar Port—some 1,800 kilometers south of Tehran—last summer, it was heralded as a project that would transform…

Tehran has seen more than a few new faces ever since the lifting of sanctions imposed on Iran over its nuclear energy program and the reopening of the country to global trade. 

To…

Railroad projects worth 13.9 trillion rials ($360 million) will be inaugurated by Friday on the occasion of the 10-Day Dawn ceremonies, which culminate in the celebration of the 38th anniversary…

Portugal’s high debt load, limited growth and weak banks saddled with bad loans make the country particularly vulnerable to an international environment where protectionism is on the rise, the…

The Turkish government transferred its holdings in the country’s biggest bank by assets and a state-owned phone company to a new sovereign-wealth fund created to finance large infrastructure…

While it remains a challenge to understand the headline growth in China, one can conclude the economy is slowing.

Bond investor Bill Gross said on Monday that without quantitative easing from the European Central Bank and Bank of Japan the 10-year US Treasury yield would “rather quickly” rise to 3.5% and the…

Higher demand at home and abroad for goods needed in production drove the biggest monthly increase in German industrial orders in around 2-1/2 years in December, suggesting the first quarter of…

Czech officials believe that over the course of at least a year, hackers from abroad stole 7,100 diplomatic documents and cracked 168 email accounts, DW reported. On Thursday, two weeks after…

After three years of losses, gold prices rebounded in 2016 and as a result physical gold demand dropped 20%, its lowest since 2009, according to GFMS analysts at Thomson Reuters. What’s more, the…

Growth in service and construction industries lowered Morocco’s official unemployment rate to 9.4% last year from 9.7% in 2015, the country’s planning agency said on Monday, Reuters reported.…

Sentiment among Australia’s small and medium businesses is in neutral, dampened by worries about the economy. A new quarterly survey, the Bankwest Future of Business 2017 Outlook Report, gauges…

Vietnam is on the rise as increasing levels of foreign direct investment support strong economic growth and help to drive development across the country. Its big cities, Ho Chi Minh City and Hanoi…

Kenya is in a strong position to repay its creditors, the International Monetary Fund has reassured. This is despite envisaged risks on the country’s growth prospects due to the impact of external…

South Korea’s household debt is increasing steeply, with some estimating it to reach 1,500 trillion won ($1.31 trillion) by the end of this year. While snowballing household debt is weighing on…

The four BRIC economies have attracted 35% more foreign direct investment than the more advanced G7 nations. This was revealed in a report published on Monday by UHY, the international accounting…