Iran Economy News

Hema, Iran Khodro say to sign 200 mln euro deal

Reuters: Iranian carmaker Iran Khodro and Turkey's Hema Endustri are set to sign a deal worth 200 million euro ($262 million) to build two...

Iran delays phasing out gasoline subsidies

Reuters: Iran has delayed phasing out gasoline subsidies in what analysts say may be a sign of President Mahmoud Ahmadinejad's anxiety to avoid igniting...

Iran sanctions curb credit transfer to Uganda-memo

Reuters: Uganda has been unable to obtain a $46 million credit offered by Iran because of complications in transferring the money due to U.N....

Ahmadinejad says more sanctions won’t hurt Iran

AFP: Iranian President Mahmoud Ahmadinejad told US television Wednesday that more sanctions will not hurt the Islamic republic, as Western nations urged tougher action...

Sanctions deter some Turkish banks from Iran trade

Reuters: Several Turkish banks with close ties to the European Union and the United States have halted financial trade with Iran due to United...

Rafsanjani urges Iran not to dismiss sanctions

AFP: Former president Akbar Hashemi Rafsanjani urged Iranian officials on Tuesday against dismissing international sanctions as "jokes," saying the Islamic republic was facing its...

South Korea’s Kia halts exports to Iran

AFP: South Korea's Kia Motors, whose Pride model is ubiquitous on Iranian roads, said Tuesday it had suspended exports to the Islamic state partly...

Iran’s Rafsanjani chides Ahmadinejad over sanctions

Reuters: Veteran Iranian politician Akbar Hashemi Rafsanjani criticised President Mahmoud Ahmadinejad on Tuesday for failing to counter the impact of sanctions -- the latest...

Latest news

Details of the Execution of six PMOI Members

Following the execution of six prisoners affiliated with the People’s Mojahedin Organization of Iran (PMOI/MEK) by Iranian regime security...

International Conference Condemns Rise in Iran Executions, Voices Support for NCRI

An international conference was held near Paris on April 10 to protest the recent rise in executions in Iran....

Amnesty International: Internet Access Is a Fundamental Human Right and Must Be Restored Immediately

As Iran continues to experience one of its longest internet disruptions, Amnesty International on Friday, April 10, pointed to...

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Iran’s regime executes political prisoner Ali Fahim

Early Monday, April 6, amid the continued execution of...

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Iran rejects trimming Ahmadinejad term

AFP: Iran's hardline vetting body again rejected a bill...

4 charged in NY Iran-China weapons shipment scheme

AP: Four men have been charged with arranging shipments...

Iran stops oil activities in Libya -Mehr agency

Reuters: Iran has stopped its oil related activities in...