Iran’s Economy Has Shrunk 20% Since 2016, Expert Says
By Kayhan Life Staff
In the past four years, Iran’s economy has contracted by 20 percent, according to Dr. Vahid Shaghaghi-Shahri, an economics professor at Tehran’s Kharazmi University.
“Iranian economy has shrunk by 20 percent in...
Iranian Economy Is Hit Hard As Billions of Dollars in Capital Leave the Country
By Kayhan Life Staff
Nearly $100 billion in Iran’s capital accounts has left the country over the past decade, according to the Tehran-based 90-Eghtesad economics news website, citing a recent report by the Central Bank...
Iranian Army to Control Cross-Border Internet Data Flows, Report Says
By Kayhan Life Staff
The Cultural Committee of the Majlis (Iranian Parliament) has called for the “Protecting the Rights of Internet Users and Regulating Social Media” bill to be voted into law, the Tehran-based Etemad...
Iran’s Last Ambassador to Egypt, Dr. Abbas Nayeri, Is Remembered in Paris Commemoration
By Kayhan Life Staff
Dr. Abbas Nayeri, Iran’s former ambassador to Egypt and Morocco, was honored in a commemoration (marassem e khatm) earlier this week in Paris, the city where he had lived for the...
Tehran Could Face Worse Calamity Than Beirut Explosion, City Councilor Says
By Kayhan Life Staff
Majid Farahani, the chairman of the budget committee of Tehran City Council, has warned that the oil storage facility in Shahran, a neighborhood in the northwest side of Tehran, is a...
Company Linked to Iranian Defense Ministry Opens Supermarket in Venezuela
By Kayhan Life Staff
The Iranian conglomerate Etka, which is allegedly owned by the Armed Forces of the Islamic Republic, has opened its first supermarket “Megasis” in the Venezuelan capital Caracas, the Iranian Students News...
‘Women of Iran for Sustainable Equality’ Network Launches on July 31: Interview
By Kayhan Life Staff
The “Women of Iran for Sustainable Equality” (W.I.S.E) network was launched on social media on July 30 -- the same day that people around the world observed International Friendship Day.
Kayhan Life...
Iran May Ban South Korean Goods Over Unpaid Oil Imports, Majlis Deputy Says
By Kayhan Life Staff
The Majlis (Iranian Parliament) may ban all South Korean goods from entering Iran if the country refuses to pay the $7 billion it owes for the oil it bought before the...
Iran Test-Fires Ballistic Missiles from Below Ground, IRGC Commander Says
By Kayhan Life Staff
The Islamic Revolutionary Guards Corps (IRGC) has successfully test-fired ballistic missiles buried deep below ground, without the use of an underground silo, blast doors, or launch pads, Brigadier General Amir-Ali Hajizadeh,...
Iran Has Fourth Highest Inflation Rate in the World, Official Says
By Kayhan Life Staff
Iran has the fourth highest inflation rate in the world, Ayoub Faramarzi, the deputy director for economics and accounting at the Statistical Center of Iran (SCI) has said.
In comments reported by...