Iran Economy News

Daewoo Elec $513 mln takeover deal falls apart – source

Reuters: Daewoo Electronics creditors-turned-shareholders dropped the $513 million deal to sell the electronics maker to Iran's Entekhab Industrial Group, a source with direct knowledge...

Iran and Armenia look to strengthen economic ties

Iran Focus: Tehran, May 31 - Iranian Foreign Minister Ali Akbar Salehi and Armenian Minister of Energy and Natural Resources Armen Movsisyan met in...

Iran Central Bank aims to increase deposit rates, Hamshahri says

Bloomberg: Iran’s Central Bank plans to increase interest rates for deposits in a bid to control fluctuations in the gold and foreign-currency markets, Hamshahri...

Iran hopes to agree oil payments with India by Tuesday

Reuters: Iran hopes to resolve a payments impasse with India over oil sales worth about $12 billion a year by Tuesday, the country's envoy...

Iran oil output ‘may drop drastically by 2015’

AFP: Iran's oil production may fall to 2.7 million barrels per day within five years unless 150 billion dollars is invested in its energy...

Ukraine invites Iranian investors

Iran Focus: Tehran, May 29 – The governor of one of Ukraine’s provinces has urged Iranian investors to take a stronger role in Ukraine’s...

Iran and Japan sign MOU – report

Iran Focus: Tehran, May 28 - Iran and Japan have signed a Memorandum of Understanding for closer economic ties between Tehran and a major...

North Korea eager on new economic ties with Iran

Iran Focus: Tehran, May 27 - North Korean Foreign Minister Pak Ui Chun on Thursday announced his country was keen on further economic ties...

Latest news

Iran’s Economy in Critical Condition, Insider Warns

Hossein Raghfar, an economist close to the Iranian regime, described Iran's economic situation as "very unfavorable" and warned that...

Trump: New round of talks with the Iranian regime to begin on Monday

U.S. President Donald Trump announced that a new round of negotiations between Tehran and Washington will begin on Monday....

Three Political Prisoners Subjected to Enforced Disappearance in Evin Prison

Reports from Evin Prison indicate that on the morning of Saturday, August 1, prison guard forces raided Ward 7,...

Must read

US Sanctions Global Network Supporting Mahan Air and IRGC

The U.S. Department of the Treasury announced on Thursday,...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission...

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Iran open to incentives on nuclear talks, with a hedge

New York Times: Iran on Tuesday welcomed an array...

EU, U.S. to say ready for extra Iran sanctions: text

Reuters: The European Union and the United States will...