Iran Economy News

Iran says oil at $100 would not hurt world economy

AFP: Iran said on Sunday that the world economy is in a position to absorb an oil price of 100 dollars a barrel even...

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. ...

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...

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’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...

Latest news

Resignation, Job Change, and Nurse Exodus in Iran

The state-run Hame-Mihan newspaper has addressed the problems of the healthcare workforce in Iran, examining issues such as resignations,...

International Monetary Fund: Iran Needs “$121 Oil” to Avoid Budget Deficit

The International Monetary Fund (IMF) states in its latest quarterly report that the Iranian government needs the price of...

Alarming Rise in Suicide Rate Among Iranian Physicians

Mohammad Mirkhani, a social consultant of the Medical Council Organization, considered the difficult working conditions of physicians in Iran...

Must read

Iran Begins Spring with Shock in Food Prices

Figures in the most recent report by the Iranian...

U.S. House of Representatives and Senate Approve Measures Targeting Iran’s Regime

In a resolute move showcasing bipartisan unity towards addressing...

You might also likeRELATED
Recommended to you

Pope urges quick action for new Iraqi government

AFP: Pope Benedict XVI on Friday called for quick...

Nobel Prize-winning British author Doris Lessing dies at 94

AFP: British author Doris Lessing, whose powerful feminist and...

South Korea to close Iranian bank branch

Wall Street Journal: South Korea will move to temporarily...