Iran Economy News

Iran audit body slams subsidy plan, privatisation work

AFP: Iran's main audit body has slammed the government's plan to scrap subsidies from later this month and its policy of privatising state firms,...

U.A.E. studies impact of Iran sanctions

Wall Street Journal: The United Arab Emirates central bank is studying the economic impact of United Nations sanctions against Iran and has asked lenders...

Most UAE banks stop transfers to Iran after latest sanctions

AFP: Most banks in the United Arab Emirates, an important trading partner for Iran, have stopped money transfers there after the latest round of...

Japan slaps new financial sanctions on Iran

AFP: Japan imposed new sanctions Friday against Iran, including an assets freeze on people and entities linked to its contentious nuclear programme and tighter...

Turkey exports less gasoline to Iran in July -data

Reuters: Turkey's gasoline exports to Iran dropped by a hefty 74 percent in July after U.S.-led sanctions against the Islamic Republic came into force,...

Japan set to toughen sanctions on Iran – Nikkei

Reuters: Japan is set to toughen sanctions against Iran as early as this week over its disputed nuclear programme, the Nikkei business daily said,...

Khamenei backs Iran plan to scrap subsidies

AFP: Supreme leader Ayatollah Ali Khamenei has backed the Iranian government's plan to scrap subsidies in the coming weeks, despite concerns from some conservatives...

Iran shifts assets out of Europe banks

New York Times: Iran has transferred assets out of European banks in its latest effort to defend itself against the effects of sanctions that...

Latest news

Workers At Iran’s Makran Steel Face Nine Months of Unpaid Wages

The ongoing crisis of unpaid workers’ wages in contracted projects has once again made headlines at Makran Steel in...

Trump Leaves Advisors’ Meeting Without Reaching a Final Decision

A meeting between U.S. President Donald Trump and his senior national security and political team regarding the course of...

Iran’s Regime Grudgingly Backs Down from its Longest Internet Shutdown

The widespread shutdown of international internet access, which began in January 2026 alongside the escalation of the nationwide uprising,...

Must read

Iranian Media Report Approval of Resolution to Restore International Internet Access

Iranian media reported that a resolution to restore international...

Workers At Iran’s Makran Steel Face Nine Months of Unpaid Wages

The ongoing crisis of unpaid workers’ wages in contracted...

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Man hanged in public in Arak

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Ahmadinejad questions 9/11, Holocaust

AP: Iranian President Mahmoud Ahmadinejad questioned the official version...