Iran’s gross domestic product grew 7.4% during the first half of the current Iranian year (started March 20) compared with the corresponding period of last year, the Central Bank of Iran said in…
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The banking sector lent 3.26 quadrillion rials ($82.7 billion) to 5.3 million applicants during the eight months ending Nov. 20, marking a 48.4% growth compared with the same period of last year,…
newsThe Export Development Bank of Iran has rekindled its dealings with 90 international banks after the country reached a nuclear accord with world powers last year, announced the bank’s chief…
newsWith the impending implementation of the plan to switch the Iranian monetary unit from rial to toman, the Central Bank of Iran may issue banknotes with higher denominations, the chief executive of…
newsThe US dollar broke the 40,000-rial threshold in Tehran's market on Wednesday, recording an all-time high for the currency.
While the American currency had begun to rally in November, the…
newsForeign Ministry Spokesman Bahram Qassemi denounced as politically-motivated and spiteful a recent UN General Assembly resolution on the human rights situation in Iran.
newsIran and Iraq held a joint military exercise in the Persian Gulf to step up their readiness.
The Iranian and Iraqi naval forces staged the maneuver, dubbed “Muhammad [PBUH], the Messenger…
newsIran's foreign minister explained in general a trilateral Iran-Russia-Turkey statement on the nearly six-year-long conflict in Syria, aimed at stopping the calamity that has killed hundreds of…
newsIran's response to the US breach of the nuclear deal by extending a sanctions law hinges on the results of the upcoming meeting of an international commission assigned to address disputes related…
newsPresident Hassan Rouhani has embarked on a three-nation tour that will take him to Armenia, Kazakhstan and Kyrgyzstan, at the invitation of the respective countries' heads of state, Serzh Sargsyan…
newsSpokesman for the Atomic Energy Organization of Iran Behrouz Kamalvandi announced that the country plans to inject uranium gas into its latest generation of centrifuge machines, IR8, in the near…
newsHead of the Center for Strategic Research of the Expediency Council Ali Akbar Velayati hailed as a "major development" the recent coordination among Iran, Russia and Turkey in their efforts to…
newsEsfahan Steel Company has started the production of pure liquid argon, announced ESCO’s head of Energy Management Department, Hassan Khazaei, on Tuesday. According to Khazaei, the production of a…
newsThe International Financial Reporting Standards Foundation has published a new profile on the use of IFRS standards in Iran.
newsTehran Stock Exchange’s main index inched up 127.30 points or 0.16% to end Wednesday trade at 80,250.
More than 753 million shares valued at $25.6 million changed hands for the day.
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newsThe European Union banking sector has complied with new liquidity rules ahead of a 2018 deadline and no extra time is needed to plug a €11 billion shortfall at a few banks, the bloc’s watchdog…
newsChina was once a gold mine for foreign firms, but the country’s economic slowdown is making it harder for multinationals to make easy money. Foreign direct investment in the Chinese mainland…
newsThe Reserve Bank of India on Wednesday rolled back a recent curb on cash deposits that had been put in place just 10 days before the end of the government’s demonetization deadline of Dec. 30,…
newsThe World Bank announced an additional $1.5 billion aid package for Iraq, to help the war-torn country implement reforms, improve public services and boost its economy, AFP reported. The package…
newsThe imposition of capital controls a year-and-a-half ago led to the suspension of investments by one in three local firms that had been planning to spend money on their expansion, but the lifting…
newsGlobal credit rating agency Fitch Ratings affirmed Indonesia’s long-term foreign- and local-currency issuer default ratings at ‘BBB-’ but revised the outlook from ‘stable’ to ‘positive’.
newsSpain’s Central Bank says strong job creation and buoyant domestic spending is likely to keep the economy growing by a quarterly rate of 0.7% in the last three months of the year, AP reported. The…
newsOne of Netflix Inc’s Twitter accounts was hacked on Wednesday by an entity calling itself “OurMine”, CNBC reported. Several mocking tweets were sent from the Netflix US Twitter account (znetflix…
newsGoldman Sachs expects Britain to lose financial passporting rights after Brexit. The investment bank made the call in its latest “Top of Mind” note sent to clients on Monday, saying: “Ultimately,…
newsWhile the Australian economy recorded its largest contraction since the global financial crisis last quarter, that’s unlikely to be repeated in the months ahead if the latest Westpac-MI leading…
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