Iran Economy News

Iran Economy News

Iran’s rial stays fragile despite central bank move

Reuters: Iran's currency, the rial, defied central bank attempts to revive its value on Sunday, remaining weak after falling 13 percent against the dollar...
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Iran Economy News

Statoil eyes exit from Iran by 2012 or earlier

Reuters: Norwegian energy group Statoil said on Friday it would conclude work in Iran by 2012 at the latest and is now only providing...
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Iran Economy News

US hits Iranian energy firm with sanctions

AP: The Obama administration on Thursday slapped sanctions on a Swiss-based Iranian company involved in Iran's oil and gas sector and claimed success in...
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Iran Economy News

Japan Inpex may quit Iran over US sanction-minister

Reuters: Japan's top oil explorer Inpex Corp may pull out of an oilfield project in Iran, joining other global energy firms in abandoning activities...
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Iran Economy News

Dollar surges in Iran as sanctions bite: forex dealers

AFP: The US dollar rate surged in Iran on Thursday as local banks halted the sale of foreign currency to private individuals, with some...
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Iran Economy News

Iran cenbank says to stabilise rial vs dollar

Reuters: The Central Bank of Iran aims to stabilise the currency, which suffered a sudden drop in value in recent days, to a "normal"...
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Iran Economy News

Japan to withdraw from Iran oil project: reports

AFP: The Japanese government and oil developer Inpex Corp. plan to completely withdraw from Iran's largest onshore oil field project to avoid possible US...
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Iran Economy News

Four oil companies pull out of Iran: State Dept

AFP: The United States said Thursday that energy giants Total of France, Anglo-Dutch Shell, Norway's Statoil and Italy's Eni have pledged to end their...
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Latest news

Iran

Physician Migration, A Warning Alarm for Iran’s Healthcare System

With physicians and nurses emigrating abroad, the human resources crisis in Iran’s healthcare system has entered a new phase....
Iran

Denmark Accuses Iran’s Regime of Terrorism Threat

According to Al Arabiya, Denmark's Security and Intelligence Service (PET) announced that Iran's regime has played a more prominent...
Iran

Workers At Iran’s Makran Steel Face Nine Months of Unpaid Wages

The ongoing crisis of unpaid workers’ wages in contracted projects has once again made headlines at Makran Steel in...

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The Vicious Cycle of Poverty in Iran

Over the past more than a decade, Iran’s economy...
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Physician Migration, A Warning Alarm for Iran’s Healthcare System

With physicians and nurses emigrating abroad, the human resources...

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