The US dollar was sold for 39,500 rials in Tehran market on Sunday to mark a 2.4% growth compared with the previous day’s close of 38,600 rials. 

Reports suggest some moneychangers had…

New Zealand Trade Minister Todd McClay emphasized the development of business and banking relations with Iran following the lifting of sanctions in January, saying his presence in Iran shows how…

ERGO Group, one of the largest insurance groups in Europe, is keen on entering Iran’s insurance market, Alexander Ankel

Parsian Bank has finalized plans to launch 137 new branches across the country, said Kourosh Parvizian, the bank’s chief executive, noting that his bank currently has 313 branches.

The Central Bank of Iran will issue a new foreign exchange directive in the foreseeable future in line with its new forex policies, the bank’s governor said.

Saudi Arabia will fall into recession next year for the first time since 1999, according to a new analysis.

The kingdom’s non-oil sector growth will continue to slow as the government…

Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout program for Greece, AFP reported.…

Protests in Madrid against austerity measures highlighted the public’s anger at their government’s attempts to balance the books, Euronews reported. With orders from Brussels to resolve the…

South Korea should develop a new growth driver to pull the economy out of its low growth trap and catch up with the world’s richest economies, such as the US, according to Tim Condon, chief Asian…

Optimism in Canada’s economic recovery rose this week following the release of better than expected GDP and employment data. But beneath the headlines were signs of deterioration that signal the…

The Swiss government plans to dramatically increase international cooperation on fiscal transparency, sharing private information about clients of the country’s banks.

British companies continued to grow modestly in the three months to November and are expected to keep up that pace into 2017, a survey showed on Sunday, chiming with a resilient picture for the…

Following a hack on its central bank, it would appear that Russia is now short about $31 million, DigitalTrends reported. On Friday, the financial institution announced that a breach resulted in…

Head of the Atomic Energy Organization of Iran Ali Akbar Salehi traveled to Austria on Sunday to participate in the Second International Conference on Nuclear Security, which is to be convened by…

A motion for the impeachment of roads minister was presented to the Majlis Presiding Board on Sunday, in the second attempt by lawmakers to sack Abbas Akhoundi.

The request was signed and…

Iran's Parliament has urged the government to act on a 2015 Majlis bill in response to a US Congress measure that only awaits an expected presidential approval to reauthorize the Iran Sanctions…

Foreign Minister Mohammad Javad Zarif underlined Iran's support for the "fraternal" Afghan people and government in their efforts to reach "a stable, safe and prosperous Afghanistan", saying it…

Foreign Minister Mohammad Javad Zarif warned that the Islamic Republic will halt the implementation of last year's landmark nuclear agreement between Iran and major powers, if the US sanctions are…

Senior Iranian and Belarus officials underlined the need for expansion of wide-ranging relations between the two countries.

Iran’s Ambassador to Bosnia Mahmoud Heydari and Bosnian Security Minister Dragan Mektic stressed the need for expanding cooperation between the two countries in the campaign against terrorism.

Unprocessed decorative stone exports will be slapped with a 5-15% tariff as of the next Iranian year (starting March 20, 2017), a deputy minister of industries, mining and trade announced on…

There is a mismatch between Iran’s steelmaking capacity and steel demand at present.

A number of obstacles must be overcome for its steel industry to reach its true potential, reads an…

Several Slovenian companies, including air domes manufacturer Duol and Iskratel Telco, have signed deals worth €10 million with Iranian partners at the Slovenian-Iranian Business Conference in…

Tehran Stock Exchange’s main index gained 4.90 points or 0.01% to end Sunday trade at 80,063.7.

More than 711 million shares valued at $49.1 million changed hands for the day.

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Lukoil is interested in participating in Iranian energy projects if it gets the right to manage a part of oil, but would not agree to solely provide services, Lukoil’s Vice President Leonid Fedun…