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

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of the U.S. National Intelligence Agency, told a Senate Armed Services...

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...

Must read

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1,...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview...

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Iran ready to stop enrichment if import deal holds

AFP: Iran will suspend uranium enrichment to 20 percent...

Iran Sentences 18 Civil Rights Activists to Prison

By Jubin Katiraie Iran’s court of appeal condemned 18...

Iran legal expert rips “outrageous defamation” in HRW report

London, May 19 – A recent report by Human...