Iran Economy News

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...

Iran’s Petropars hopes to finalise India deal

Reuters: Iran hopes to sign a deal with Indian firms on the development of its South Pars Phase 12 field by the end of...

Iran acknowledges sanctions driving up costs

AP: Iran's commerce minister on Saturday denied that international sanctions imposed on the country over its disputed nuclear program have damaged Tehran's trade ties...

Iran forex reserves exceed $100bln: Ahmadinejad

AFP: President Mahmoud Ahmadinejad said on Saturday that the foreign exchange reserves of sanctions-hit Iran were higher than the World Bank's estimate of 100...

Azeri gas project unaffected by Iran sanctions-min

Reuters: Azerbaijan has so far seen no impact from European sanctions against Iran on its Shah Deniz gas project, in which Iranian state energy...

EXCLUSIVE-China slows Iran oil work as U.S. energy ties warm

Reuters: China's top energy firms have slowed work on projects in Iran as their ties grow with U.S. energy companies, a blow to Tehran...

Iran to sell bonds worth $2.3 billion for gas-field development

Bloomberg: Iran will sell rial bonds worth $2.3 billion on Nov. 6 to finance the second development phase of its South Pars gas field,...

Iran deputy seeks transparency on subsidies cut plan, Mehr says

Bloomberg: A member of Iran’s Parliament has criticized the government for its lack of transparency in implementing a plan to cut energy and food...

Latest news

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry spokesman, Nasser Kanani, in a weekly press briefing, claimed that...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Must read

Iran Begins Spring with Shock in Food Prices

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

Alarming Rise in Suicide Rate Among Iranian Physicians

Mohammad Mirkhani, a social consultant of the Medical Council...

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Official: Iran missile tests used ‘old equipment’

AP: Iran's missile test this week did not demonstrate...

UN rights chief concerned about Iran violence

AFP: UN human rights chief Navi Pillay on Friday...

Students call for more Iran protests

Iran Focus: Tehran, Oct. 09 - From the Grapevine......