Category: 4. Business

A filing on Riyadh’s Tadawul stock exchange showed that the state-owned oil company, formally known as Saudi Arabian Oil Co., generated revenues of $436 billion last year.

Aramco had posted a $121 billion profit in 2023, down from its record…

In a post on Truth Social, Trump said his January executive order on digital assets would establish a stockpile of currencies, including Bitcoin, Ether, XRP, Solana, and Cardano. The specific names had not been previously disclosed.

More than an…

Hemmati attended an open session of the Parliament on Sunday and took the podium to answer the questions of a number of lawmakers, complaining about his ministry’s performance and poor handling of the economic situation.

At the conclusion of the…

“Engagement, trade, and cooperation with regional nations, when executed effectively and in conjunction with regional organizations such as the Eurasian Economic Union (EAEU), the BRICS group, and the Shanghai Cooperation Organization (SCO),…

Hemmati has gone to the Parliament to answer the questions of a number of lawmakers complaining about his ministry’s performance and poor handling of the economic situation.

President Masoud Pezeshkian has also attended the impeachment session to…

The two leaders engaged in a public war of words before the press, prompting a flight to safe-haven assets as investors weighed the implications for a potential peace deal with Russia.

“It’s disturbing,” said Jack McIntyre, portfolio manager at…

The sell-off, which comes after a period of significant gains tied to Trump’s pro-crypto stance, coincided with a major exchange hack and concerns over the volatile memecoin sector.

Bitcoin suffered a steep decline early Tuesday, crashing to…

February 21, 2025

The Tehran Wagon Manufacturing Co. has received approval to build cars for the Tehran Metro with 85% domestic content. Some Metro cars have previously been made in Iran, but most have come from China since the…

February 21, 2025

The Paris-based International Energy Agency (IEA) says new sanctions the Biden Administration imposed on Iranian tankers in December may have cut into Iranian crude exports even before Donald Trump took office. The…

February 21, 2025

The International Monetary Fund (IMF) forecasts Iran’s gross domestic product (GDP) this year will rise by 3.1 percent. That is the same forecast it gave in its last quarterly report. But it places Iran’s…