Russia Eyes Free Trade Pact With Iran
June 19 (Reuters) - A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of Eastern Europe to Western China is possible by the end...
Iraq to Pay $2.76 Bln in Gas and Electricity Debt to Iran
BAGHDAD, June 10 (Reuters) - Iraq has agreed to pay about $2.76 billion in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.
Iraqi Foreign Minister Fuad Hussein was...
Iraq Says Iran Blames Reduced Gas Exports on ‘Technical’ Matter
BAGHDAD, May 26 (Reuters) - Iran's foreign minister told his Iraqi counterpart on Friday that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry...
Tehran Stock Exchange Tumbles As Retail Investors Withdraw Large Amounts
By Kayhan Life Staff
Nearly $144 million in cash investments in stocks were withdrawn from Tehran Stock Exchange (TSE) on May 7 and 8, Eghtesad-24 online newspaper reported.
(The conversions are based on the current exchange...
Striking Iranian Workers Demand Back Pay, Insurance, Better Work Environment
By Kayhan Life Staff
Iranian manufacturing, production, and service industry workers are continuing to fight for better wages, back pay, health insurance, improved work environment, and other benefits.
Given the soaring cost of food, essential goods,...
Iran Parliament Votes to Dismiss Industry Minister From Hardline Cabinet
DUBAI, April 30 (Reuters) - Iran's parliament on Sunday voted to dismiss the country’s industry minister, the first member of hardline President Ebrahim Raisi's cabinet to be impeached since his election in 2020 amid growing economic...
Iran’s Oil Minister Visits Venezuela
CARACAS - Iranian Oil Minister Javad Owji arrived in Venezuela on a visit meant to "strengthen energy relations," the South American country's foreign ministry said.
The trip will include visits to the facilities of state oil company PDVSA,...
Saudi Arabia Could Invest in Iran ‘Very Quickly’ After Agreement – Minister
By Rachna Uppal
RIYADH, March 15 (Reuters) - Saudi Arabia's Finance Minister Mohammed Al-Jadaan said on Wednesday that Saudi investments into Iran could happen "very quickly" following an agreement to restore diplomatic ties.
"There are a lot of opportunities for...
ANALYSIS: Twenty-Six Million Iranians Live In Extreme Poverty
By Kayhan Life Staff
President Ebrahim Raisi’s government established the “Headquarters for Eradicating Absolute Poverty” in 2022.
Yet almost a year later, the number of Iranians forced into poverty continues to increase.
In comments reported by the...
Iran’s Parliament Proposes Bill Exempting Luxury Homes From Property Tax
By Kayhan Life Staff
The Majlis (Iranian Parliament) passed a proposed bill on Feb. 26 exempting owners of luxury homes valued higher than $353,000 (based on the current exchange rate of 56,700 tomans to a...
