Wednesday, May 22, 2024

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...

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’s Food and Drug Prices Have Tripled Since 2020

By Kayhan Life Staff Iranian households, particularly those living in major metropolitan areas and cities, are struggling with food and medicine shortages, and increasing prices of goods. According to the latest reports, the Consumer price index...

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...

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...

Iranian Currency Falls to Record Low amid Isolation and Sanctions

DUBAI, Jan 21 (Reuters) - Iran's troubled currency fell to a record low against the U.S. dollar on Saturday amid the country's increasing isolation and possible Europe Union sanctions against Tehran's Revolutionary Guards or some of...

German Exports to Iran Rise Despite Diplomatic Tensions

BERLIN, Jan 10 (Reuters) - German exports to Iran rose last year, according to data seen by Reuters, despite Western condemnation of Tehran's months-long crackdown against protests. German exports to Iran climbed 12.7% year-on-year from January to...

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,...

OPEC Oil Output Rises in August as Iran Hits 2018 High – Survey

By Alex Lawler LONDON, Aug 31 (Reuters) - OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday, despite ongoing cuts by Saudi Arabia and other members...

Iran’s Currency Falls to Record Low As Sanctions To Continue

DUBAI, Feb 20 (Reuters) - Iran's troubled currency broke below the psychologically key level of 500,000 rial per U.S. dollar on Monday, as market participants saw no end in sight to sanctions. The Iranian rial plummeted to a...