Oil and natural gas producer Chevron Corp said it would give its top executive fewer stock options after shareholders expressed concern about executive pay.

Oil companies have been…

Oil producing nations will be happy to see out the year with oil trading between $55 and $60 per barrel, Oil Minister Bijan Namdar Zanganeh said on Monday.

"The oil market is moving toward…

Sales and marketing departments of insurance companies have been unusually busy in recent days, as more people are referring to insurers to insure their properties against fire.

More than a year into the implementation of Iran’s nuclear accord and the lifting of international sanctions, the country is looking to expand its business ties with Italy after a number of…

The rial was quoted at 38,210 to the US dollar on Monday, gaining 0.79% against the greenback compared with Sunday’s close, according to Tehran Gold and Jewelry Union’s website. The average…

As part of a new presidential directive approved by the Cabinet, the Planning and Budget Organization of Iran has been permitted to clear a portion of the government's debts to the banking system…

The governor of the Central Bank of Iran has sent a letter to CEOs of all state-owned and private banks, notifying them of new regulations concerning foreign travel ban on bank debtors.

Sungun Copper Mine exported over $317 million worth of copper products during the nine months to December 21, accounting for about 19% of East Azarbaijan Province’s non-oil exports during the…

Of the 160-170 iron ore mines in Iran, only 20 are currently operational, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture said. This indicates an 80% decline in the…

The bill approved by lawmakers making women eligible for receiving pension after 20 years of work, regardless of age, will impose expenses close to 50 trillion rials (approximately $1.3 billion)…

About 1,120 tons of farmed shrimp have been produced in Iran’s northern Golestan Province since the beginning of the current Iranian year (March 20, 2016), more than 580 tons of which have been…

The manufacturing sector is exempt from paying taxes slapped on imports, the Islamic Republic of Iran Customs Administration has clarified in a recent directive published on Monday.

Imports…

More than 23.8 trillion rials ($624 million) worth of local and foreign investments have been made in Anzali Free Trade and Industrial Zone in northern Iran during the 10 months to January 19, the…

Trade Promotion Organization of Iran introduced top Iranian brands for the current Iranian year (ending March 20, 2017) in a ceremony on Sunday.

Eighteen brands were chosen from among 280…

About $200 million worth of agricultural and dairy products are exported from Isfahan Province in central Iran every year, the deputy head of Isfahan Agricultural Jihad Organization said.

Governments must honor their contracts, even those made under previous administrations, says Iranian professor of economics at Virginia Tech, Djavad Salehi-Isfahani. 

US President Donald Trump and Saudi King Salman want to "rigorously" enforce the Iran nuclear deal, known as the Joint Comprehensive Plan of Action, the White House said on Sunday, despite the US…

Russian Foreign Minister Sergey Lavrov called Iran a "kind neighbor and old partner", praising long-lasting bilateral relations that are based on "equality of rights, mutual respect and trust".

The US government intended to invade the Islamic Republic in 1991 or 2001, but did not dare to do so, Iranian Army’s Deputy Commander Lieutenant General Ahmad Reza Pourdastan said.

A senior Iranian official criticized a controversial decision by the new US government to block entry into the country from Iran and six other Muslim states, saying such moves would be detrimental…

The new US President Donald Trump would run the risk of confrontation with European allies if he were to violate the 2015 nuclear deal, a lawmaker said.

“Europeans should try to dissuade…

President Hassan Rouhani renewed a pledge to promote national interests by tapping into the scope for deepening international engagement in the wake of the nuclear deal, despite resistance from…

Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei praised the firefighters who recently lost their lives when a blazing high-rise collapsed in downtown Tehran. The Leader issued a message…

Iranian Ambassador in Baghdad Hassan Danaeifar renewed Tehran’s support for the Iraqi government and nation in the ongoing fight against terrorism.

“I reaffirm Tehran’s support for Baghdad…

Eurozone economic sentiment edged higher to a near six-year high in January, as the mood in industry, services, the financial sector and among consumers improved, European Commission data showed…