The Iranian housing market is on a slow but steady path to escape its lingering recession with as an uptick in housing starts and heralds better days for the key sector. 

Insurance Research Center, a think-tank affiliated with the Central Insurance of Iran, has finalized the draft version of “corporate governance principles” for domestic insurance companies.…

German Chancellor Angela Merkel vowed on Saturday to seek compromises on issues like trade and military spending with US President Donald Trump, adding she would work on preserving the important…

The head of the International Monetary Fund, Christine Lagarde, has said that one of the biggest risks to the global economy in 2017 was “a race to the bottom” on taxes, regulations and trade, in…

Despite significant deficit-reduction efforts under way since 2015 in the backdrop of plunging oil revenues, all Persian Gulf Cooperation Council countries are projected to record fiscal deficits…

Fitch Ratings has affirmed Armenia’s Long-Term Foreign and Local Currency Issuer Default Ratings at ‘B+’ with stable outlook, Panorama reported. According to the release issued by the statistical…

Mexico’s beleaguered peso slid to a record low over 21 pesos per dollar, then bounced back to around 20.72 in a volatile session, still pressured by Donald Trump’s shock US election win, TVC News…

The European Union has granted about $69 million to Zambia to expand electricity supply as the East-African nation faces a power deficit, AllAfrica reported. According to the EU, the grant would…

India’s foreign exchange reserves rose by $687.9 million to $359.842 billion in the week to January 13 helped by increase in the foreign currency assets, the Reserve Bank of India said Saturday,…

Although South Africa avoided a downgrade to non-investment grade, or junk status, in 2016, the country is not yet out of the woods and may be downgraded this year. The reasons for this are…

Recent fluctuations in the rial/dollar exchange rate have prompted a lively debate among economists and financial experts in Iran over forecasting currency movements. 

A lot of ink has…

Tehran Stock Exchange’s main index shed 175.60 points or 0.22% to end Saturday trade at 79,206.6.

More than 684 million shares valued at $45.6 million changed hands for the day.

…

Around 2,400 trillion rials ($60 billion at market exchange rate) have been paid as cash subsidies under the so-called "Subsidy Reform Plan" ever since the controversial scheme came into effect in…

Presently 9.2 million investors are trading in Iran’s securities market, the head of Central Securities Depository of Iran said.

“A total of 22,500 codes were issued in the three weeks to…

Russian steelmaker Magnitogorsk Iron & Steel Works, otherwise known as MMK, has started shipping its flat steel products to Iran through Kazakhstan’s port of Aktau. Transportation through…

The Eighth Conference on Healthy and Sustainable Agriculture will be held in Tehran on January 26. 

The private sector’s participation in the agriculture sector and scientific…

The Ministry of Agriculture has authorized the establishment of greenhouses extending over 1,000 hectares so far in the current Iranian year (started March 20, 2016), says deputy agriculture…

Turboprop maker ATR has completed commercial negotiations with Iran Air for the sale of at least 20 aircraft and expects to be able to sign a contract very soon, the head of the Franco-Italian…

Turkish exports to Iran in 2016 rose 35.6% compared to the preceding year to mark the highest rise among Turkey’s export destinations, according to Turkish Exporters Assembly Chairman Mehmet…

According to a recent report by the Ministry of Industries, Mining and Trade, plans are underway to increase the production capacity of home appliance sector. 

The construction of the first section of the freeway connecting Tehran to the northern Mazandaran Province has made 77.5% progress, a deputy minister of roads and urban development said.

Road transit has seen a 35% drop in volume so far in the current Iranian year (started March 20, 2016) compared with the corresponding figure of last year, says secretary of International…

About 5% of Tehran Municipality’s budget are allocated to urban development and crisis management.  

Indonesia’s reform-minded finance minister seemed to invoke memories of the 1997-98 Asian financial crisis this week when explaining why she came down so hard on JPMorgan Chase & Co for…

The International Monetary Fund’s chief has reassured German Finance Minister Wolfgang Schauble that the IMF plans to remain constructively engaged in talks about further aid for Greece, a…