Iran Economy News

Iran wheat consumption to drop with subsidies cut, Donya says

Bloomberg: Iran’s domestic wheat consumption is expected to drop to 6.4 million tons in the current Iranian year from 8.7 million the previous year,...

Iran’s Revolutionary Guard awarded 2 giant natural gas projects

AP: A business consortium connected to Iran's powerful Revolutionary Guard was awarded without tender two giant natural gas development projects, a senior Iranian official...

Bahrain traders call for Iran boycott over unrest

AFP: The Bahrain Chamber of Commerce has called for a complete boycott of trade with Iran to protest against Tehran's alleged fuelling of unrest...

Iran’s foreign debt stood at $22 billion in December, Mehr says

Bloomberg: Iran’s foreign debt stood at $22 billion by the end of December, the state-run Mehr news agency reported, citing central bank figures. ...

China invests $570 million in Iran over two years, IRNA reports

Bloomberg: China invested a total of $570 million in Iran over the past two years ended December 2010, the official Islamic Republic News Agency...

India exploring Iran oil payment via Turkey -oil min source

Reuters: India is exploring payments via Turkey for oil imports from Iran, an Indian oil ministry source said on Wednesday, as the two countries...

Iran parliament passes 2011-12 budget

Reuters: Iran's parliament approved Mahmoud Ahmadinejad's annual budget on Tuesday, putting aside differences with a president that lawmakers have often accused of undermining their...

Iran food prices up 25 pct, twice inflation

Reuters: Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the overall official rate...

Latest news

Iranian Political Prisoners Mark 61st Anniversary of PMOI Resistance

As the People’s Mojahedin Organization of Iran (PMOI/MEK) approaches the 61st anniversary of its founding on September 6, a...

Iran’s Rial in Freefall, Putting Strain on People’s Livelihoods

The U.S. dollar exchange rate in Iran's free market has surpassed 2.8 million rials, while the official rate remains...

Iran’s Regime Rejects Retrial Request by Protester Sentenced to Death

On Wednesday, September 2, human rights media outlets reported the continued detention and interrogation of opponents of Iran's regime,...

Must read

The Broken Chain of Healthcare in Iran’s Most Deprived Province

In recent days, the death of a teenager once...

U.S. Attacks IRGC Positions on Larak Island

Reports indicate that U.S. forces attacked two launch platforms...

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Nobel laureate urges UN to protect Iranians in Iraq

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