Oil rose by as much as 6.5% on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and…

Tehran and Moscow on Monday explored ways to expand energy cooperation on the sidelines of the 13th sessions of Iran-Russia Economic Commission in Tehran.

The meeting was chaired by…

Austria's integrated oil and gas company OMV is willing to invest in Iran's oil industry, Erwin Kroell, OMV's senior vice president for Middle East and Africa said.

“It is our top priority…

Tehran and Astana are to sign several agreements on building renewable power plants in Kazakhstan, Zhenis Mahmudovich Kassymbek, the Kazakh minister of investment and development said.

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Tehran Stock Exchange’s main index inched down 12.00 points or 0.01% to end Monday trade at 80,913.9.

As much as 507 million shares valued at $33.6 million changed hands for the day.

Domestic and foreign investments in Anzali Free Zone in northern Iran during the eight months to November 20, 2016, amounted to over 14 trillion rials (more than $360 million at market exchange…

Iranian cinema got off to a flying start this year, as several movies were lucky to attract mass audiences, grossing over 10 billion rials each ($2.56 million at market exchange rates).

Top Iranian government officials and steel industry players met at Financial Tribune’s headquarters in Tehran on Monday to devise the agenda and set the general outlook for the 7th Iranian Steel…

Iran's currency may be redenominated to reflect the over three-decade change in day-to-day financial lingo.

The Iranian Army's Ground Force staged the second day of a large-scale military exercise in the country's southeastern regions on Monday with the aerial bombardment of targets along the coasts of…

If any anti-Iran decision is enforced by the US to the detriment of last year's nuclear deal, it will face a proportional response from the Islamic Republic, a top Iranian security official warned…

A top advisor to the Leader of Islamic Revolution said Saudis should admit defeat against Iran in all battles and should realize that the support of their western allies will not turn the…

Head of Iran's Strategic Council on Foreign Relations Kamal Kharazi reiterated Tehran's policy on counter-terrorism and said the country will continue its support for stability and peace in West…

Some lawmakers have drafted and submitted to the Majlis Presiding Board a motion demanding the government downgrade diplomatic and economic ties with Britain. The Monday move was a reaction to…

Iran's Foreign Ministry said Saudi Arabia and Britain are making claims against the Islamic Republic to cover up their destructive role in supporting terrorism.

Two lawmakers supported regular consultations between Iran and Egypt, in the hope that these contacts will help improve relations to serve the interests of the two nations and the wider region.

Bulgarian Ambassador in Tehran Haristo Polendakov voiced his country’s willingness to broaden bilateral ties. “The Bulgarian government is keen on closer political, economic and cultural relations…

A senior lawmaker said the military interference of foreign powers in the internal affairs of Middle Eastern countries has intensified regional tensions.

Low-income households and small businesses in South Korea look particularly vulnerable to stronger headwinds faced by the country’s sluggish economy.

According to the Central Bank of Malta, the economy will grow by 4.3% in the year 2016. This current forecast is just one percentage point greater than what the Central Bank had forecasted this…

Global bond yields lurched higher Monday as a massive rise in oil prices and ongoing gains in equities boosted inflation expectations and highlighted the policy divergence between Europe and the…

Fitch Ratings, one of the world’s leading rating agencies, has forecast that Taiwan’s gross domestic product will grow at a pace of 1.5% to 2% over the next two years, CNA reported. In a statement…

S&P Global Ratings forecasts that Ukraine’s economy may grow by 1% by the end of the current year amid 14% inflation and the average annual forex rate set at UAH 25.6 per US dollar, UNIAN…

Official inflation figures released by the Central Bank of Egypt showed a steep rise in price pressures during November. The rate of consumer price inflation accelerated to 19.4% on an annual…

Mario Draghi had an even more delicate task than usual this month in explaining the European Central Bank’s decision to scale back and prolong its asset purchase program.