China Pulls Out of Oil Deal with Iran
By Kayhan Life Staff
China Petroleum and Chemical Corporation (Sinopec) has pulled out of the Yadavaran Oil Field project in the southwestern province of Khuzestan, according to Hamid Hosseini, the director of the Iranian Oil,...
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...
Exclusive-US Issues New 120-Day Waiver Letting Iraq Pay Iran for Electricity
By Arshad Mohammed
WASHINGTON, July 18 (Reuters) - The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a U.S. official said, a step Washington hopes may keep Tehran from forcing unpopular power...
Sri Lanka Set to Start Tea-for-Oil Barter With Iran Next Month
By Uditha Jayasinghe
COLOMBO, June 23 (Reuters) - Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit...
Frozen Iranian Assets Transferred to Swiss Central Bank – S.Korean Media
SEOUL, Aug 21 (Reuters) - Iranian assets that had been frozen in South Korea were transferred to Switzerland's central bank last week for exchange and transfer to Iran, South Korean media reported on Monday.
The Swiss National Bank...
EXCLUSIVE-Iran’s Government To Start Revamp at Venezuela’s Largest Refining Complex Within Weeks – Sources
By Mircely Guanipa
PUNTO FIJO, Venezuela, Feb 3 (Reuters) - State firms from Iran and Venezuela will start in the coming weeks a 100-day revamp of the South American nation's largest refining complex to restore its crude...
Iran’s Government Swells Budget to Boost Growth, Cut Inflation
DUBAI, Jan 11 (Reuters) - Iranian President Ebrahim Raisi presented a substantially enlarged state budget to parliament on Wednesday, vowing to bring down inflation and boost growth to lift an economy hit by U.S. sanctions.
State media...
Iran’s Parliament to Debate Proposal to Curb Hijab Violators’ Civil Rights
By Kayhan Life Staff
The Majlis (Iranian Parliament) is preparing to debate a proposal on depriving hijab violators of social services, Mousa Ghazanfarabadi, the chair of the Majlis’ Judicial and Legal Commission, has said.
In comments...
Iran Rial Plunges to New Lows Amid Unrest, International Isolation
DUBAI, Feb 26 (Reuters) - Iran's currency fell to a record low against the U.S. dollar on the unofficial market on Sunday, amid the country's increasing isolation over its disputed nuclear programme, human rights violations and...
Gender Inequality in Iran Worsens; Female Unemployment On the Rise
By Kayhan Life Staff
There is an increasing gender gap in Iran’s labor market, with women's share of the workforce significantly smaller than men’s, and female unemployment on the rise, according to data from the...
