Iran Economy News

Iran’s Entekhab buys Daewoo Electronics unit: reports

AFP: Iran's Entekhab Industrial Group has signed a contract sealing its acquisition of South Korea's Daewoo Electronics for 518 million dollars, reports and officials...

Iran won’t wait for foreigners to develop oilfield

Reuters: Iran won't wait for foreign investors to develop joint oilfields with neighbouring states, a senior oil ministry official was quoted on Saturday as...

Increased security as Iran’s subsidy programme bites

BBC: Police have been deployed on the streets of Tehran as the government begins making dramatic cuts to a wide range of subsidies. ...

Leaving Iran’s middle class behind

Washington Post: Middle-class urbanites think they're being singled out by a government plan that will soon cut off state subsidies and boost the prices...

Iran to boost electricity prices from December, Donya reports

Bloomberg: Iran will start increasing electricity rates from December as part of a wider plan to phase out subsidies of prices for energy and...

Iran’s leaders face rumblings as prices rise and sanctions bite

AP: The most potent challenge to Iran's ruling system may not be international sanctions or the homegrown political opposition, but something as simple as...

Iran tightens security as subsidy cuts loom

Wall Street Journal: Iranian authorities are taking extraordinary security measures ahead of cuts to energy and food subsidies this month, in an effort to...

Iran opposition leader slams ‘govt’s subsidy plan’

AFP: Iranian opposition leader Mir Hossein Mousavi has charged that President Mahmoud Ahmadinejad's government lacks the means to implement its plan to scrap subsidies...

Latest news

Iran’s July 9 Student Uprising Mark 27th Anniversary

Twenty-seven years have passed since July 9, 1999, when the Iranian regime's official security forces and paramilitary groups loyal...

U.S. Military Attacks More Than 90 Targets in Iran

The United States Central Command (CENTCOM) said in a statement that on Wednesday evening, U.S. forces struck about 90...

Amnesty International Challenges Silence Over the Iranian Regime’s Crimes

The bloody crackdown on the January protests in Iran remains unaddressed, and Amnesty International has warned that the continued...

Must read

New Uncertainty Surrounding Iran’s Underground Nuclear Facilities

According to the latest assessment by the U.S.-based Institute...

Arrested Iranian Protesters in Critical Conditions, Human Rights Bodies Warn

Iran Human Rights (IHR), a Norway-based human rights organization,...

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House to probe Iran deal

The Hill: Two House panels will examine the details of...