Iran Economy News

Iran c.bank head denies report on selling reserves

Reuters: Iran's central bank chief denied reports over the country planning to sell 45 billion euros from the country's reserves to buy dollars and...

Iran plans to cut fuel subsidies from Sept 23 – agency

Reuters: Iran plans to cut rationed subsidised gasoline after the implementation of the country's subsidy reform plan, the official IRNA news agency quoted a...

Iran cenbank to sell 45 bln euros -media

Reuters: Iran's central bank will sell 45 billion euros from reserves to buy dollars and gold, state-owned media said on Wednesday, signalling a u-turn...

Iranian subsidy cuts to hurt Afghan refugees – UNHCR

Reuters: Iran's plans to slash subsidies on electricity, water and food will pinch Afghan refugees who are already struggling to make ends meet, the...

Iran awards Pars gas phases to Revolutionary Guards: report

AFP: Iran has awarded a business unit of the elite Revolutionary Guards the rights to develop phases 13 and 14 of the giant South...

Pakistan, Iran sign major gas pipeline agreement

AFP: Pakistan and Iran on Friday signed a "sovereign guarantee" agreement paving the way for the completion of a 7.5-billion-dollar gas pipeline project within...

ANALYSIS-Iran’s Ahmadinejad takes gamble on subsidy cuts

Reuters: A ragged and torn one-thousand Iranian rial note is worth around $0.10 and can buy you a couple of bus rides across Tehran,...

Iran aims to become gasoline exporter – official

Reuters: Iran seeks to become self-sufficient in gasoline in two years' time and then to start exporting the fuel, an official said on Sunday,...

Latest news

Iran: Three Nurses Dead from Burnout in One Month

Three nurses in Iran have lost their lives due to "excessive work" in the span of one month, the...

Iranian Chamber of Commerce Reports Worsening Economic Conditions

In its latest report on the state of the Purchasing Managers Index (PMI), the Research Center of the Iranian...

Canadian Intel: Tehran’s Operations in Canada Have Become More Aggressive and Widespread

The Canadian Security Intelligence Service announced in its annual report on foreign interventions in Canada in 2023 that during...

Must read

Iran’s Regime Evading Oil Sanctions Through Malaysia

Brian Nelson, the U.S. Department of the Treasury's Under Secretary for...

Iran’s Cooperation Level Unacceptable, IAEA Director Says

The Director-General of the International Atomic Energy Agency (IAEA)...

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Iran: Those arrested in fire festivities will spend New Year in jail

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Standardized English tests to resume in Iran amid sanctions

New York Times: The Educational Testing Service, the company...

Iran says plans to raise crude oil production

AP: Iran's oil minister has said the country plans...