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...
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...
Iran’s Currency Slides to Record Low As Savers Buy Dollars
DUBAI, Feb 25 (Reuters) - Iran's rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand for foreign currency from savers worried about inflation and...
Taliban Sets Up Investment Consortium With Firms From Iran, Russia
KABUL, Feb 22 (Reuters) - Afghanistan's Taliban-led administration has set up a consortium of companies, including some in Russia, Iran and Pakistan, to create a investment plan focusing on power, mining and infrastructure, the acting commerce minister said...
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...
Venezuela to Contract for Two Iran-Built Oil Tankers To Expand Fleet
By Mircely Guanipa and Marianna Parraga
PUNTO FIJO, Venezuela, Feb 13 (Reuters) - Venezuela will contract with an Iranian shipyard to build two oil tankers under an existing construction agreement bedeviled by payment delays and difficulties with...
INTERVIEW: Economist Hassan Mansoor Analyzes Iran’s ‘Productivity Plan’
By Kayhan Life Staff
The government of President Ebrahim Raisi recently announced its intentions to continue the implementation of the “Productivity Plan” aimed at generating revenue for the government by selling unused assets, including state-owned...
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...
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...
U.S. Weighs Sanctions for Chinese Companies Over Tehran Surveillance Buildup – WSJ
Feb 4 (Reuters) - The U.S. is considering new sanctions on Chinese surveillance companies over sales to Iran's security forces, the Wall Street Journal reported on Saturday citing people familiar with the matter.
U.S. authorities are in advanced discussions on...
