Iran Economy News

Iran doubles highest banknote amid inflation fears

BBC: Iran has doubled the denomination of its highest banknote to 100,000 rials ($10, £6.50), its Central Bank Governor Mahmoud Bahmani has announced. ...

Iran plans 2 bln euros bonds to develop petrochemicals

Reuters: Iran will issue bonds worth 2 billion euros ($2.48 billion) to help finance development of its petrochemical industry, the Oil Ministry website SHANA...

Iran discovers major natural gas reserves

Reuters: Iran has discovered 2.19 trillion cubic feet of in-place natural gas reserves in the Islamic state's northwest, an Iranian newspaper reported on Sunday....

Iran says wants to renegotiate Caspian oil swaps

Reuters: Iran acknowledged on Saturday that oil swap deals with Caspian Sea producers had stopped, but said it was seeking talks with some oil...

Guards, other Iran firms ‘bag mega gas deals’

AFP: Iran on Tuesday signed contracts worth 21 billion dollars with local firms to develop six gas fields, some of them awarded to the...

Iran c.bank head denies report on selling reserves

Reuters: Iran's central bank chief denied reports over the country planning to sell 45 billion euros from the country's reserves to buy dollars and...

Iran plans to cut fuel subsidies from Sept 23 – agency

Reuters: Iran plans to cut rationed subsidised gasoline after the implementation of the country's subsidy reform plan, the official IRNA news agency quoted a...

Iran cenbank to sell 45 bln euros -media

Reuters: Iran's central bank will sell 45 billion euros from reserves to buy dollars and gold, state-owned media said on Wednesday, signalling a u-turn...

Latest news

Political Corruption in Iran, Increasing Number of Secret Parliament Sessions

With the presence of the Iranian regime’s new government, which has become a collection of the most vicious elements...

Protests Will Only Expand As Iran’s Economic Conditions Worsen

As the economic conditions in Iran worsen day by day, Iranian citizens, young and old, from across the country...

Iran: Countdown and Alarm of Youth and Hunger People’s Riots

“What the Ministry of Energy (i.e., Iran’s regime) has done to the people of my region, Genghis Khan did...

Must read

Protests Will Only Expand As Iran’s Economic Conditions Worsen

As the economic conditions in Iran worsen day by...

Iran: Countdown and Alarm of Youth and Hunger People’s Riots

“What the Ministry of Energy (i.e., Iran’s regime) has...

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Any US military action against Iran far off, says Romney

AFP: White House hopeful Mitt Romney said Tuesday that...