Iran Economy News

Bloomberg: Iran’s domestic wheat consumption is expected to drop to 6.4 million tons in the current Iranian year from 8.7 million the previous year,...

AP: A business consortium connected to Iran's powerful Revolutionary Guard was awarded without tender two giant natural gas development projects, a senior Iranian official...

AFP: The Bahrain Chamber of Commerce has called for a complete boycott of trade with Iran to protest against Tehran's alleged fuelling of unrest...

Bloomberg: Iran’s foreign debt stood at $22 billion by the end of December, the state-run Mehr news agency reported, citing central bank figures. ...

Bloomberg: China invested a total of $570 million in Iran over the past two years ended December 2010, the official Islamic Republic News Agency...

Reuters: India is exploring payments via Turkey for oil imports from Iran, an Indian oil ministry source said on Wednesday, as the two countries...

Reuters: Iran's parliament approved Mahmoud Ahmadinejad's annual budget on Tuesday, putting aside differences with a president that lawmakers have often accused of undermining their...

Reuters: Food prices in Iran have risen almost 25 percent in one year, official figures released on Sunday showed, twice the overall official rate...