Iran Economy News

U.S. sanctions Iranian-owned bank in Germany

Reuters: The U.S. Treasury Department on Tuesday said it designated an Iranian-owned bank in Germany as facilitating Iran's efforts to develop nuclear weapons, a...

Iran audit body slams subsidy plan, privatisation work

AFP: Iran's main audit body has slammed the government's plan to scrap subsidies from later this month and its policy of privatising state firms,...

U.A.E. studies impact of Iran sanctions

Wall Street Journal: The United Arab Emirates central bank is studying the economic impact of United Nations sanctions against Iran and has asked lenders...

Most UAE banks stop transfers to Iran after latest sanctions

AFP: Most banks in the United Arab Emirates, an important trading partner for Iran, have stopped money transfers there after the latest round of...

Japan slaps new financial sanctions on Iran

AFP: Japan imposed new sanctions Friday against Iran, including an assets freeze on people and entities linked to its contentious nuclear programme and tighter...

Turkey exports less gasoline to Iran in July -data

Reuters: Turkey's gasoline exports to Iran dropped by a hefty 74 percent in July after U.S.-led sanctions against the Islamic Republic came into force,...

Japan set to toughen sanctions on Iran – Nikkei

Reuters: Japan is set to toughen sanctions against Iran as early as this week over its disputed nuclear programme, the Nikkei business daily said,...

Khamenei backs Iran plan to scrap subsidies

AFP: Supreme leader Ayatollah Ali Khamenei has backed the Iranian government's plan to scrap subsidies in the coming weeks, despite concerns from some conservatives...

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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New York Times: President Obama predicted on Tuesday that...

Average Housing Price in Tehran at 830 million Rials

According to the latest report by the Central Bank...