Iran Economy News

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...

Iranian subsidy cuts to hurt Afghan refugees – UNHCR

Reuters: Iran's plans to slash subsidies on electricity, water and food will pinch Afghan refugees who are already struggling to make ends meet, the...

Iran awards Pars gas phases to Revolutionary Guards: report

AFP: Iran has awarded a business unit of the elite Revolutionary Guards the rights to develop phases 13 and 14 of the giant South...

Pakistan, Iran sign major gas pipeline agreement

AFP: Pakistan and Iran on Friday signed a "sovereign guarantee" agreement paving the way for the completion of a 7.5-billion-dollar gas pipeline project within...

ANALYSIS-Iran’s Ahmadinejad takes gamble on subsidy cuts

Reuters: A ragged and torn one-thousand Iranian rial note is worth around $0.10 and can buy you a couple of bus rides across Tehran,...

Latest news

Iranians Don’t Buy Officials’ Publicity Stunts

Studying Iran's rising social situation since the 2009 uprising draws our attention to important achievements. During this period, several nationwide...

Iranian Women Are the Most Affected by Extreme Poverty

Following a gathering of more than 100,000 in Paris on October 17, 1987, to remember the victims of violence,...

One in Three Iranians Live Below the Poverty Line

How much did the minimum intake cover the poverty line in Iran in the 2000s? How much were the...

Must read

Iran’s Government Normalizes the Coronavirus Outbreak

While the coronavirus death rate in Iran’s fifth wave...

Iran’s Economy Worsens As the Government Continues To Plunder National Wealth

The current economic situation in Iran is the worse...

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Tehran Stock Exchange hits 5-year low

AP: The Tehran Stock Exchange's index has plummeted to...

Iran bazaar and clergy influence wanes after 1979

AFP: Iran's powerful bazaar merchants and Shiite clergy spearheaded...