• Some 3 million tons of wheat will be exported to Asian and European countries as well as the Persian Gulf littoral states in the current Iranian year (March 2016-17), says deputy minister of…

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  • About 23 billion cigarettes were produced in Iran in the seven months to October 21, indicating a 53% rise compared with the corresponding period of last year, says Yadollah Sadeqi, an official…

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  • Some 30% of Iran’s agricultural products are wasted, the head of Agriculture and Natural Resources Engineering Organization said. The amount is enough to feed 25 million people, Alireza Bozorgi…

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  • A 10-year-old medium-range Airbus 321 aircraft was recently delivered to Kish Airlines. Citing the company’s public relations, ILNA did not specify the source of its purchase. The twin-engine…

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  • Iran and Iraq have signed a memorandum of understanding to promote the transportation of passengers and cargo, and expand cooperation in the rail industry, the Islamic Republic of Iran Railway’s…

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  • Latest statistics on Iran's trade of minerals indicate a considerable rise in the export of steel, iron ore and copper during the seven months ending October 21.

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  • Iran has reached a deal with a foreign leasing company to finance the first 17 jets it plans to buy from Airbus, breaking a logjam in efforts to import aircraft following the lifting of sanctions…

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  • With major UK and US banks still struggling to find reassurances from regulators to resume business with Iran nearly 10 months since “implementation day,” a handful of European banks are forging…

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  • The fact that Iran’s economy is facing major challenges is well acknowledged.  Its heavy reliance on oil export revenues and the dominant role of the state in the economy combined with the…

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  • Syrian Deputy Foreign Minister Faisal Mekdad met Iran's top diplomat, Mohammad Javad Zarif. In the Monday meeting in Tehran, the two officials discussed bilateral relations and the latest…

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  • A top military aide to the Leader of Islamic Revolution cautioned the Barzani ruling family in the semi-autonomous Kurdistan region of Iraq against giving a green light to Saudis for arming anti-…

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  • President Hassan Rouhani said Iranian engineering companies are capable of beating their international competitors and undertaking development projects in the black continent.

    “Iranian…

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  • Foreign Ministry Spokesman Bahram Qasemi played down expectations for the establishment of a European Union office in Tehran any time soon.

    Speaking at a weekly press conference on Monday,…

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  • A senior official said the Islamic Republic expects to see no change in the approach of the United States toward Iran with the comings and goings of different American presidents.

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  • Iranian pilgrims are forbidden from traveling to the Iraqi city of Samarra until further notice in the wake of a Sunday terrorist attack that killed and wounded scores of Iranian pilgrims in the…

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  • Global economic growth kicked higher at the start of the fourth quarter, according to PMI survey data, though inflationary pressures also intensified.

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  • Official figures show retail sales across the 19-country eurozone edged down by 0.2% in September from the previous month, led by a decline in Germany, where economic indicators have otherwise…

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  • Consumer confidence rose in the third quarter to its strongest level in six years, a gauge by market researcher Nielsen shows Monday, according to Hungarian news agency MTI. Nielsen?s consumer…

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  • Egypt’s trade deficit was down 3.1% in August compared to the same month last year, reaching EGP 37.8 billion ($2.45 billion), the state’s statistics body CAPMAS said in a Monday statement, Al…

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  • Giorgio Alleva, the head of national statistics agency Istat, said Monday that initial data suggests the Italian economy grew in the third quarter of 2016 with respect to the previous three months…

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  • Indonesia’s economy grew in line with economists’ forecasts in the third quarter as President Joko Widodo seeks to spur the nation onto a higher growth path.

    Gross domestic product…

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  • Global banks are quietly building up their investment banking teams in Frankfurt as the German deals market hots up, boosting the city's chances of being one of the financial centers to benefit…

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  • Finance Minister nominee Yim Jong-yong held an emergency meeting Monday and announced that the government will heighten its monitoring of financial markets, including foreign exchange transactions…

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  • Taiwan Futures Exchange will help Iran Mercantile Exchange set up derivatives for gold and agricultural products. Cooperation between the two will focus on jumpstarting options trading on the IME…

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  • Tehran Chamber of Commerce, Industries, Mines and Agriculture hosted a forum attended by 25 businesspeople from Austria’s Vorarlberg Commerce Chamber and their Iranian counterparts on Monday.

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