Deputy Foreign Minister Majid Takht-Ravanchi discussed expansion of Iran-EU relations with two members of the European Parliament in Brussels, Belgium.

A senior reformist figure said his camp strongly supports Rouhani's reelection in the upcoming vote, as there is still no serious presidential rival for him.

"He is our candidate and we…

A top EU diplomat said the incoming US administration would lack the legal authority to pull out of the Iran nuclear deal as it is a multilateral agreement involving five other major powers and is…

The foreign ministers of Iran and the Czech Republic signed a memorandum of understanding in Prague during the top Iranian diplomat's visit to the European country.

Canadian consumers’ debt has hit a dizzying symbolic milestone: For the first time ever, it’s now worth more than the entire Canadian economy.

Total household debt amounted to 100.6% of…

Russian President Vladimir Putin said on Friday there was a risk this year’s federal budget deficit could slightly exceed 3.7% of gross domestic product, Reuters reported. Putin told a meeting…

Allianz SE, Europe’s biggest insurer, said third-quarter profit rose 36%, helped by higher earnings at the life and health insurance unit. The shares rose, Bloomberg reported. Net income increased…

One of the prime advocates of the Trans-Pacific Partnership believes the agreement still has a future, despite the antagonism shown by president-elect Donald Trump, ABC reported. Senior fellow…

Not only has the economic team of the President Michel Temer administration given up expectations on a recovery of the economic growth in Brazil at the end of this year, they now have reduced…

Turkey may make further temporary tax reductions to try to boost flagging growth after a disappointing third quarter, in addition to its efforts to expand credit and bolster domestic demand,…

Saudi Arabia recorded the first fiscal budget deficit since 2009 in 2014 with a shortfall of SAR54 billion ($14.4 billion) and the first back-to-back budget deficit since 2002 in 2015 with a…

Rising inflation is becoming an “increasing impediment to the UK’s growth prospects” according to the British Chambers of Commerce.

The latest Inflation Report from the Bank of England…

A large part of the non-performing loans in the banking system constitutes "doubtful debts", says a Tehran deputy prosecutor general.

The director of the Export Guarantee Fund of Iran (EGFI) says exit from recession also is subject to fresh capital inflows into the economy.

Bank Melli Iran is ready to introduce intelligent plastic banknotes in line with plans to promote usage of innovative technology in the banking sector, said Reza Mansouri, managing director of BMI…

Officials from the Central Insurance company of Iran will visit Germany next month for talks with major German and British insurance firms. Abdolnasser Hemmati, head of the CII, said attracting…

Zeno of Elea was an Ancient Greek philosopher most famous for his four paradoxes on the relationship between space and time.

Each Iranian household earned over 9.49 million rials ($259 at market exchange rate) on average from selling secondhand belongings in the last Iranian year (March 2015-16), which indicates a 10.9…

There was a fall in the number of international flights passing through Iran’s airspace over the past month, according to CEO of Iran Airports Company, Rahmatollah Mahabadi. “The number of the…

Exports of farmed caviar are estimated to reach 1,000 kilograms by the end of the current Iranian year (started March 20), the head of Iran Fisheries Organization, Hassan Salehi, said.

Last…

The 13th meeting of Iran-Russia Economic Commission has been scheduled for December 13 in Tehran.

The meeting will be co-chaired by Iran’s Minister of Communications and Information…

Heading a 30-member economic delegation, Iran’s Foreign Minister Mohammad Javad Zarif arrived in Prague on the last leg of his tour of Eastern Europe on Thursday night. On Friday, Zarif met with…

Tehran's financial markets are novel by global standards. That means lots of firsts, from debt securities to derivatives, new Sharia-compliant securities get introduced constantly.

Iranian investments in Azerbaijan’s economy amounted to almost $1.2 billion, $145 million of which were invested in the country’s non-oil sector, the head of Azerbaijan Export and Investments…

The first edition of IRANIMEX, powered by Europort was held last month on Iran’s Kish Island.

The exhibition hosted 300 exhibitors from 22 countries who showcased their products and…