Iran Economy News

Ahvaz Steelworkers Banned From Entering Company After Protesting Poor Work Conditions

Following their recent round of trade union protests that began on February 13, a number of workers from the Iran National Steel Industrial Group...

8 Iranian Banks At Risk of Dissolution, Central Bank Warns

Mohammad Reza Farzin, the head of the Iranian regime’s Central Bank, announced during an economic conference that a reform program for eight banks will...

Annual Inflation Rate For Housing In Tehran Surpasses 82%

The Research Center of the Iranian Regime’s Parliament (Majlis) announced in August 2023 that various government initiatives in the Islamic Republic to reduce housing...

Iran: Even Living in Basements is a Dream

These days, the cost of renting a house in Iran has become so high that some people are considering renting basements for living. According to...

The Central Bank of Iraq Revokes Operating License of of Bank Melli Iran.

The Central Bank of Iraq has revoked the operating license of Bank Melli Iran, the largest Iranian bank, as reported by Reuters on Thursday,...

Iran’s Regime Bypassing Sanctions Through 2 British Banks

According to a report by the Financial Times on Sunday, February 4, the Iranian regime has exploited two major British banks to carry out...

Central Bank of Iran: Liquidity at Unprecedented 80 Quadrillion Rials

In response to Iranian regime’s supreme leader Ali Khamenei's statements regarding the need to halt the growth of liquidity, the Central Bank of Iran...

Price Surge in Iran’s Automotive Market

Simultaneously with the continued turmoil in the currency exchange rate in Iran, the prices of both domestic and foreign cars in the country have...

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Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview that Iran needs one million housing units annually, but only...

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Iran Begins Spring with Shock in Food Prices

Figures in the most recent report by the Iranian...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in...

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