Nasdaq to Pay $4 Mln Settlement Over Apparent Iran Sanctions Violations
Dec 8 (Reuters) - New York-based stock exchange Nasdaq Inc NDAQ.O agreed to pay a $4 million settlement to the U.S. Department of Treasury over apparent violations of sanctions against Iran by a former Nasdaq unit, the department's...
Jilin Jinguan Electric to Build Road Between Iran and Russia for New Energy Facilities
BEIJING, May 24 (Reuters) - Shenzhen-listed Jilin Jinguan Electric Co Ltd 300510.SZ signed a memorandum of understanding (MoU) to build a road between Iran and Russia for the constructions of new energy facilities, it said on Wednesday.
The company plans to...
Iranians Face Severely Cold Weather, Shortages of Gas and Electricity
By Kayhan Life Staff
Many Iranian households are currently facing shortages of energy, including gas and electricity, despite freezing temperatures. There has been a disruption in the distribution and delivery of refillable gas cylinders and...
Russia Strengthens Its Banking Presence in Iran
May 17 (Reuters) - Russia's second-largest bank VTB VTBR.MM has opened a representative office in Iran, an Iranian official said on Wednesday, as Moscow and Tehran, both restrained by Western sanctions, seek to improve trade and transaction capabilities.
State-owned...
South Korea Says It’s Making Efforts to Transfer Iran’s Frozen Funds
SEOUL, Sept 5 (Reuters) - Efforts are under way to transfer Iran's funds that had been frozen in South Korea, foreign minister Park Jin said, after Teheran reached a deal with the United States to release American citizens...
Iraq-Iran Gas-For-Oil Barter Would Likely Violate US Sanctions
By Arshad Mohammed
WASHINGTON, July 14 (Reuters) - A barter of Iranian natural gas for Iraqi oil as described by the Iraqi prime minister this week would likely violate U.S. sanctions on Tehran unless the U.S. issued a waiver permitting...
Iran Signs Economic Agreements With Zimbabwe as Raisi Ends Africa Tour
By Nyasha Chingono
HARARE, July 13 (Reuters) - Zimbabwe and Iran signed 12 memorandums of understanding on Thursday to strengthen bilateral ties, as Iranian President Ebrahim Raisi wrapped up his three-nation African tour.
Raisi, who visited Kenya and Uganda earlier in...
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 2023-24 Budget Earmarks Massive Funds for Religious Institutions
By Kayhan Life Staff
President Ebrahim Raisi submitted his government’s 2023-24 Budget Bill to the Majlis (Iranian Parliament) last week.
The government’s proposed budget calls for increasing funds allocated to religious and ideological institutions.
https://kayhanlife.com/news/iran/analysis-iran-crackdown-may-burnish-raisis-credentials-for-top-job/
https://kayhanlife.com/society/human-rights/exclusive-u-n-expert-backs-probe-into-irans-1988-killings-raisis-role/
The massive deficit...
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...
