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September 9, 2025
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  • World Economy
    UK Growth Unrevised at 0.5%
    November 26,2016

    A new survey suggests Britain’s economic optimism is holding steady in the wake of the Brexit vote.

    Figures from the Office for National Statistics show consumers and businesses increased…

    news
  • World Economy
    Germany Sees Possible Trade Conflict With Trump
    November 26,2016

    US president-elect Donald Trump has long accused China of being a rogue state on the global economic stage. He has blasted the country for allegedly destroying huge numbers of American jobs with…

    news
  • World Economy
    Emiratization Drive for UAE Banking Sector
    November 26,2016

    A new Emiratization initiative has been approved for the UAE’s banking sector and is scheduled to come into force in January, as the country looks to encourage more nationals into the private…

    news
  • World Economy
    India’s Real GDP Growth to Slow
    November 26,2016

    The pace of India’s real GDP growth is likely to come down to 6.5% in the current financial year on the likely impact of demonetization, while muted inflation might open room for additional rate…

    news
  • Economy, Domestic Economy
    Corn Imports From Ukraine
    November 26,2016

    Iran has become a major importer of corn from Ukraine as it bought over 250,000 tons of the crop in October – placing itself among the top three export markets for Ukrainian farmers, according to…

    news
  • Economy, Domestic Economy
    GTC Steps Up Oilseed Purchases
    November 26,2016

    The government has bought 68,000 tons of soybeans from local farmers so far in the current fiscal year (started in March), and it is estimated that purchases will reach 120,000 tons by the yearend…

    news
  • Economy, Domestic Economy
    Gov’t to Buy 60,000 Tons of Oranges for Nowruz
    November 26,2016

    The Rural Cooperative Organization of Iran, affiliated to the Ministry of Agriculture, will purchase 60,000 tons of oranges from farmers in Mazandaran to be stored for consumption during the…

    news
  • Economy, Domestic Economy
    Banana Imports Down 63%
    November 26,2016

    Close to 132,000 tons of bananas worth $101.5 million were imported during the seven months to October 21, registering over 63% decline both in weight and value, Eranico reported.

    news
  • Economy, Domestic Economy
    Trade Promotion Organization of Iran, Int’l Trade Center Sign MoU
    November 26,2016

    A memorandum of understanding to enhance cooperation was signed between the Trade Promotion Organization of Iran and the International Trade Center on the sidelines of 11th Trade Promotion…

    news
  • Economy, Domestic Economy
    Nano Yarn, Granule Production in Kerman
    November 26,2016

    For the first time in Iran, Sirjan Nano Yarn and Granule Company is producing industrial yarn and granule using nanotechnology, according to the managing director of the company Babak Shayesteh,…

    news
  • Domestic Economy
    Iran Non-Oil Exports Top $28b, Up 5.7%
    November 26,2016

    Non-oil trade during the eight months to November 20 stood at $55.5 billion.

    According to the latest report released by the Islamic Republic of Iran Customs Administration, 81.76 million…

    news
  • Economy, Domestic Economy
    London to Host Forum on Iran Investment Opportunities
    November 26,2016

    A two-day economic forum dubbed ‘Showcase Iran 2016’ will open in London on Monday to promote Iran’s investment opportunities among British investors.

    news
  • Economy, Domestic Economy
    Plan to Launch Iran-Azeri-Georgia Railroad
    November 26,2016

    Iran, Azerbaijan and Georgia are planning to start operating a long-delayed corridor that will carry cargo from the Black Sea – between Eastern/Southeastern Europe and West Asia – to the Persian…

    news
  • Energy
    Big Oil Companies Face 200 Climate Resolutions Next Year
    November 26,2016

    Exxon Mobil, Anadarko Petroleum and their peers, along with big players in other industries, will face as many as 200 resolutions regarding climate change at their 2017 annual…

    news
  • Energy
    Saudis Quit Russia Oil Talks
    November 26,2016

    Saudi Arabia pulled out of planned talks with non-OPEC nations including Russia as disagreements about how to share the burden of supply cuts stood in the way of a deal to boost prices just days…

    news
  • Energy
    BP Buys 10% Stake in Egypt Gas Field
    November 26,2016

    BP has reached an agreement with Italian oil company Eni to buy 10% of its Shorouk concession offshore Egypt, which includes the super-giant Zohr gas field, for $375 million. BP will also…

    news
  • Energy
    Zanganeh, Boutarfa Positive About OPEC Consensus on Cuts
    November 26,2016

    Iran and Algeria on Saturday discussed the details of a tentative OPEC accord which aims to cut the group's production to lift prices and ease global oversupply.

    news
  • Energy
    JICA Chief, Chitchian Explore Energy Cooperation
    November 26,2016

    Iran is interested in energy cooperation with Japan, including water and wastewater and power plant projects, Energy Minister Hamid Chitchian said.

    Chitchian made the statement in a meeting…

    news
  • Energy
    Spain’s Sercobe, Iran's NPC in Petrochemical Talks
    November 26,2016

    Talks are underway between Iran’s National Petrochemical Company and major Spanish consortium Sercobe to open a credit line to finance petrochemical projects in Iran, says the NPC’s head of…

    news
  • International
    A Legend No More
    November 26,2016

    Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States and for five decades defied US efforts to topple him, died on Friday, his younger…

    news
  • Economy, Business And Markets
    IMIDRO to Host Int’l Mining Conference
    November 26,2016

    The 2nd ‘Iran Mines and Mining Industries Summit: Development and Investment’, otherwise known as IMIS, is scheduled to be held in Tehran December 10-11.

    news
  • Economy, Business And Markets
    Iranian Steelmakers Need to Look Beyond Borders
    November 26,2016

    The current situation in the domestic steel market has compelled most Iranian producers to shift their attention to exports. However, they need to tackle an array of problems including lack of…

    news
  • Economy, Business And Markets
    Iran Steel Prices Hit Plateau as Forex Rates Rise
    November 26,2016

    The rising trend in steel pricing in Iran stopped last week, with some prices slipping back as hard currency prices strengthened. Some local sellers tried to raise prices but weak demand stifled…

    news
  • Economy, Business And Markets
    Jewelers Bemoan High VAT
    November 26,2016

    Jewelry shops across Tehran and Zanjan have pulled down their shutters for three days to protest the imposition of what they say is ‘high’ value added tax on their business. The 9% VAT comes at a…

    news
  • Economy, Business And Markets
    TEDPIX Ends 1st Weekday 0.2 Percent Higher
    November 26,2016

    Tehran Stock Exchange’s main index gained 155.80 points or 0.2% to end Saturday trade at 79,541.4.

    More than 735 million shares valued at $78.3 million changed hands for the day.

    …

    news

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