Iran said on Monday that it is on track to create a new oil terminal on the Sea of Oman that would open a new export route for its crude and allow tankers to bypass the strategic Strait of Hormuz. The National Iranian Oil Company signed a contract worth around $52 million Monday with three...

A masterpiece by a late Ottoman master was sold at auction on Saturday in London for over 6.3 million pounds (almost $7.4 million). The 1880 painting, Girl Reading the Quran, was the work of Osman Hamdi Bey, a pioneer of Turkish painting who died in 1910, and was sold at the Bonhams auction...

The Mediterranean's leading tourist hotspots were bracing Tuesday for a "tsunami" of losses, which could amount to hundreds of millions of euros, following the devastating collapse of British tour operator Thomas Cook. Beyond the urgent need to repatriate hundreds of thousands of tourists,...

Deputy Head of Innovation and Development Fund for International and Communications Affairs Yaser Arabnia said that as many as 40 Iranian knowledge-based firms will participate in ‘Syria Rebuild 2019’ Exhibition. Innovation and Development Fund will support 40 Iranian knowledge-based...