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August 24, 2025
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  • World Economy
    Aluminum at 2-Week Low
    October 17,2016

    Aluminum prices fell to two-week lows on Monday due to worries about Chinese producers ramping up output and adding to the surplus being created by semi-finished products being remelted, Reuters…

    news
  • World Economy
    Fed Comments Weigh on EM Stocks, Currencies
    October 17,2016

    Emerging stocks and currencies came under pressure on Monday, weighed down by the dollar romping to its strongest level in nearly seven months and long-dated US bond yields climbing higher…

    news
  • World Economy
    Turkey Unemployment Rises
    October 17,2016

    The Turkish statistics agency has reported a rise in unemployment in the country. It pointed out that joblessness among young people was of particular concern, with tourism taking a major hit…

    news
  • Economy, Domestic Economy
    H1 Saffron Exports Up 10.5%
    October 17,2016

    More than 62 tons of saffron were exported to 32 countries during the first half of the current Iranian year (started March 20), registering a 10.5% rise compared with the corresponding period…

    news
  • Economy, Domestic Economy
    Plan to Boost Cultivation of Medicinal Plants
    October 17,2016

    Plans are underway to increase the area under cultivation of medicinal plants for commercial purposes by 9,000 hectares to reach 49,000 hectares, says an official with the Ministry of Agriculture…

    news
  • Economy, Domestic Economy
    Seoul Seeks to Diversify Relations With Tehran
    October 17,2016

    South Korean Ambassador to Iran Kim Seung-ho on Monday discussed different aspects of relations and priorities between the two major trade partners Iran and South Korea, especially in the new…

    news
  • Economy, Domestic Economy
    Labor Minister Visiting Mexico
    October 17,2016

    Minister of Cooperatives, Labor and Social Welfare Ali Rabiei left Iran for Mexico on October 17 to survey opportunities of bilateral cooperation with his Mexican counterpart, Alfonso Navarrete…

    news
  • Domestic Economy
    ISIRI’s Int’l Ranking Improves
    October 17,2016

    Iran's standing with global standardization organizations is improving and efforts to instill regulations to protect consumers are accelerating, say government officials.

    news
  • Economy, Domestic Economy
    TCCIMA Mission to Visit Austria, Germany
    October 17,2016

    A delegation from Tehran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to visit the Austrian states of Carinthia and Styria as well as Germany’s Bavaria from November 20 to…

    news
  • Economy, Business And Markets
    Iron Ore Exports to Reach 15m Tons by Yearend
    October 17,2016

    Iran is expected to export close to 15 million tons of iron ore by the end of the current fiscal year (started March 20), the head of Iranian Iron Ore Producers and Exporters Association said.

    news
  • Economy, Business And Markets
    Services Sector Accounts for Half of All Employment
    October 17,2016

    The services sector employed 49.4% of the Iranian population, whereas industrial and agricultural sectors provided 31.4% and 19.1% of the population with jobs respectively.

    This was stated…

    news
  • Economy, Business And Markets
    Singapore to Host Iran Investment Summit
    October 17,2016

    Organized by MillionaireAsia Pte Ltd and in collaboration with Hong Kong-based Basio Consultants and Services Ltd, the First Iran Investment Summit will be held in Singapore on October 26. A large…

    news
  • Economy, Business And Markets
    Luxembourg Economic Delegation Arrives
    October 17,2016

    Luxembourg’s Economy Minister Etienne Schneider started his three-day visit to Iran on Monday.

    He is accompanied by a Chamber of Commerce business delegation comprising 40 representatives…

    news
  • Economy, Business And Markets
    Plan to Expand Iranian Commercial Ports Capacity
    October 17,2016

    Iran’s Ports and Maritime Organization is planning to expand the capacity of Iranian commercial ports from the current 209 million tons to 217 million tons, managing director of the organization…

    news
  • Economy, Business And Markets
    TEDPIX Rises 0.18%
    October 17,2016

    Tehran Stock Exchange’s main index gained 138.10 points or 0.18% to end Monday trade at 77,707.2.

    More than 945 million shares valued at $106 million changed hands for the day.

    Negin…

    news
  • Energy
    Spat Over OPEC Data Grows as Iran Rejects Estimates
    October 17,2016

    OPEC’s struggle with the first step of its new production deal -- agreeing on how much its members are pumping -- deepened as Iran became the third nation to openly question the organization’s…

    news
  • Energy
    Exxon Loses Over $1b From Russian Sanctions
    October 17,2016

    Exxon has turned into a collateral victim of the US economic sanctions against Russia.  Exxon, the world’s biggest oil and gas company by value, entered Russia in the 1990s and has enjoyed a…

    news
  • Energy
    Foreign Investment in Shiraz Power Projects
    October 17,2016

    Four plans, including a solar power project that involves foreign investment, are now underway in Fars Province, director general of the Economic Affairs and Finance Bureau of the province said.…

    news
  • Energy
    Former NITC Chief Dismisses Report on New Sanctions
    October 17,2016

    Former managing director of National Iranian Tanker Company said all restrictions imposed on the state-run company were lifted after the implementation of the nuclear agreement with the six world…

    news
  • Energy
    Zanganeh Reiterates Higher Oil, Gas Output Policy
    October 17,2016

    The oil minister on Monday laid out policies and plans to further boost crude oil and gas production and said Iran needs to invest $200 billion in its key energy sector over five years.

    news
  • Energy
    Explosion at BASF German Plant
    October 17,2016

    German chemicals giant BASF said on Monday that several people had been injured and some were missing after an explosion at its facility in Ludwigshafen, where the company is headquartered. The…

    news
  • World Economy
    Qatar Will Top (P)GCC Peers
    October 17,2016

    All six (Persian) Gulf Cooperative Council states (Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman) will experience sharp economic slowdowns in the coming months and…

    news
  • World Economy
    Buying Opportunity for Italian Bond Investors
    October 17,2016

    Italy’s gamble on passing a constitutional referendum is turning into a buying opportunity for some bond investors.

    news
  • World Economy
    S. Korea Optimistic on Growth Target
    October 17,2016

    South Korea’s economic growth is still expected to meet the government’s expectations this year, although recent strikes at Hyundai Motor Co and the discontinuation of Samsung Electronics Co Ltd’s…

    news
  • World Economy
    NZ Economy Growing
    October 17,2016

    Australia and New Zealand Bank economists say they are seeing  evidence of “typical late cycle” behavior starting to show in the economy—but believe that this time around New Zealand can…

    news

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