The Export Development Bank of Iran will soon grant credit lines to banks in South Korea, Turkey and Iraq, announced the bank's chief executive.

"Two credit lines collectively worth €175…

The currency market has been stable in recent days, ignoring a deluge of news stories that should have conventionally rocked the boat. 

In fact, the domestic market has been mostly…

Bank Saderat Iran has set up a new system that will allow visually-impaired people to easily perform a variety of banking operations such as opening accounts, making deposits and withdrawals, and…

Following efforts during the current fiscal year (ending March 20) to close the gap between official and unofficial foreign exchange rates, the government will unify forex rates at some point in…

The accounts of Iranian government entities transferred to the Central Bank of Iran as part of a new plan will receive no interest, announced a deputy economy minister.

In August, the…

Kurdish and Arab fighters announced on Saturday a new phase in their campaign for the IS stronghold of Raqqa in Syria, but said they needed more weapons to win.

Anti-IS fighters launched…

Several thousand people demonstrated outside the US Embassy in London on Saturday against President Donald Trump and his temporary ban on refugees and nationals from seven Muslim-majority…

Marine Le Pen, the leader of French far-right National Front party, published on Saturday a presidential election program, compiling key proposals on immigration, economy, the European Union and…

A board member of Tejarat Bank announced that the bank is ready to offer a variety of banking services to the French auto group PSA Peugeot Citroen to boost interactions.

Local aviation media published on Saturday the picture of a new ATR-72 600 painted in the airline’s livery, saying the plane will soon be delivered.

According to deputy minister of roads…

Tehran Stock Exchange’s main index lost 589.10 points or 0.76% to end Saturday trade at 76,825.8. This is the lowest landing of the benchmark in about four months and a half.

More than 514…

After Iran reached a deal with six international mediators on its nuclear program, its economic ties with foreign partners transformed deeply and Iran became a magnet for international business.…

Slack rebar demand in Iran has been putting pressure on local producers. Some of them have temporarily reduced longs production, while some billet producers are considering a rise in export…

Iranian steelmakers exported more than 4.4 million tons of crude steel and steel products during the 10 months to January 19, registering a 45% growth compared with last year’s corresponding…

Iran’s Mobarakeh Steel Company has stopped selling hot rolled coils for February shipment and started inviting bids for March shipment.  The price idea and its direction are expected to gain…

Mali is forecasting 2017 GDP growth of 5.3% due to expectations of a strong grain and cotton harvest and gold production, Diakaridia Dembele, technical adviser at the finance ministry said on…

China Saturday asked the US to correct its "unfair decision" to impose high anti-dumping and countervailing duties on imports of Chinese stainless steel sheet and strip amid threats by President…

Fitch Ratings has downgraded Tunisia’s long-term foreign and local currency issuer default ratings to ‘B+’ from ‘BB-’. The outlook is stable. The issue ratings on Tunisia’s senior unsecured bonds…

Last year has been fairly successful for Latvian producers as the Baltic country’s industrial output increased by 4.9% against 2015, according to data released by the national statistics office on…

Japan plans to use its public pension fund to invest in US infrastructure development, a source from the government said. 

The investment drive is part of a wide-ranging policy package…

Stepping up India’s growth pitch, Economic Affairs Secretary Shaktikanta Das on Saturday expressed confidence that the economy will grow upwards of 7% next financial year. “For this year’s GDP…

US President Donald Trump has launched his long-promised attack on banking rules that were rushed into law after the nation’s economic crisis, signing new orders after meeting with business and…

Philippine gross domestic product grew by 6.8% in 2016, the fastest in Asia, besting China’s GDP growth of 6.7% and Vietnam’s 6.2% last year, Business World reported. Socioeconomic Planning…

South Koreans spent a new record high amount of money abroad last year on increased outbound travel despite an economic slump and sagging domestic consumption, data showed Saturday.

The pace of fiscal adjustment in Abu Dhabi is forecast to slow in 2017, after large spending cuts in 2015-2016, according to Fitch Ratings.

The ratings agency said in a research note that…