About 4 million tons per year of new methanol capacity expected to begin production this year has been delayed from its original schedule, trade sources said. This is expected to help support the…

Iran has sealed more than $15 billion in contracts in its energy sector since the historic nuclear agreement between Tehran and the six world powers in July 2015 as the resurgent energy market…

Iran Insurance Company, fully owned by the government, has insured Iran Air’s new Airbus jet that arrived in Tehran on Thursday.

Mohsen Pourkiani, IIC’s chief executive, said his firm has…

Lawmakers on Wednesday approved the formation of a fiqh council at the Central Bank of Iran to supervise banking operations’ compliance with Islamic law and usury-free banking law.

Lawmakers defined new responsibilities for the Central Bank of Iran and law enforcement, as they ratified more enhanced regulatory measures to counter the operations of uncertified financial…

President Hassan Rouhani underlined the need for promoting cooperation between Iran and neighboring Turkey to help advance the long-term interests of the Middle East.

The nominee of US president-elect, Donald Trump, to lead the Defense Department, retired Marine General James Mattis, claimed that Iran is the "biggest destabilizing force in the Middle East."…

If he is confirmed as US secretary of state, Rex Tillerson said he would plan a "full review" of the 2015 international accord that placed constraints on Tehran's nuclear program in exchange for…

Spokesman for the Atomic Energy Organization of Iran Behrouz Kamalvandi said Americans have told other parties to the Joint Comprehensive Plan of Action on Tehran's nuclear program that extending…

A lawmaker said binding "resolutions" are required, in addition to non-binding "statements", to redress Iran's grievances over the inadequate fulfillment of P5+1 obligations under the Joint…

President Hassan Rouhani said Iran will spare no effort to assist the Afghan government and nation, stressing that Iran will continue to stand by Afghanistan.

The president made the…

A senior diplomat said Tehran’s principled policy is to support Lebanon, calling for stronger unity among Lebanese political factions in the battle against terrorism and Israel’s excessive demands…

Russia needs a large-scale increase of investments because of wear and tear of transport, energy, public utility and social infrastructure, the World Bank said in its research of the Russian…

The New Zealand economy is expected to grow 3.5% over the coming year, with construction, tourism and household spending to lift inflation from its record lows, though international political…

The Kenyan economy will grow by 6% this year and stay steady at 6.1% over the next two years, according to the latest World Bank Global Economic Prospects report released this week, Yahoo reported…

The United Nations International Labor Organization released its 2017 World Employment and Social Outlook report Thursday, which finds economic growth trends lagging behind employment needs and…

Mexico’s economy grew by around 2.2% in 2016, Finance Minister Jose Antonio Meade said on Thursday, a rate that would mark a slight slowdown from the previous year.

Latin America’s second…

South Korea’s central bank has trimmed its forecast for the country’s growth in 2017 partly due to the fallout from a massive influence-peddling scandal.

Bank of Korea said Friday that the…

Turkey’s central bank finally gained traction in its efforts to prop up the lira. The currency surged the most in more than a year after the regulator didn’t offer any funding to local lenders…

In the first half of the current Iranian year 1395 (started March 20, 2016), the monetary base grew by 7.9% compared to the end of 1394 and by 20.4% compared with the same period of the previous…

Lawmakers voted on Thursday to allocate the government’s entire revenues from mining royalty and usufruct fees for the development of the infrastructure of large Iranian mines, expansion of…

Iranian authorities are taking steps to help local firms sell bonds abroad, which western fund managers are eager to buy.

Buying activity in the Iranian flat steel import market has remained sluggish over the past week, as customers wait for the government to implement new import duty regulations.

Metal…

The largest Iranian flats producer Mobarakeh Steel Company continues to diversify product portfolio of high value-added steel. This time, the company is focusing on high-strength galvanized steel…

A groundbreaking ceremony for launching a joint pharmaceutical plant between Iran and Azerbaijan will be held on January 16. Iranian Minister of Cooperatives, Labor and Social Welfare Ali Rabiei…