Iran Buys 80 CT Scans with $50 Million World Bank Loan, Health Official Says
By Kayhan Life Staff
Iran has bought 80 CT scans (computed technology) using the $50 million loan it recently received from the World Bank, Iran’s Deputy Health Minister for Development of Planning, Resources, and Management...
ANALYSIS: Why Is Iran Experiencing Power Cuts and Gas Shortages?
By Roshanak Astaraki
The director of Iran’s Department of Environment (DoE) Isa Kalantari has said the public must reduce its gas consumption or face frequent power outages.
In comments reported by the Tehran-based Tejarat News on...
ANALYSIS – Countries Where Iranian Oil and Gas Revenues Are Blocked
LONDON, Jan 5 (Reuters) - Iran has been unable to obtain tens of billions of dollars of its assets in foreign banks, mainly from exports of oil and gas, due to U.S. sanctions on its banking...
Iran to Resume Gas Flows to Iraq After Agreement on Unpaid Bills -Iraq Ministry
By Ahmed Rasheed
BAGHDAD, Dec 29 (Reuters) - Iran will resume normal gas flows to Iraq on Wednesday after reaching an agreement with Iraq on Tuesday over unpaid bills, a spokesman for Iraq's electricity ministry said.
Iran's state...
Iran Gas Company Says Slashed Flow to Iraq Over $6 bln Debt
DUBAI, Dec 28 (Reuters) - Iran's state gas company said on Monday it had slashed supplies to neighbouring Iraq over arrears of more than $6 billion, after the Iraqi electricity ministry said the cuts placed...
Iraq at Risk of Power Shortages After Iran Slashes Gas Supply –Iraq Ministry
BAGHDAD, Dec 27 (Reuters) - Iraq’s capital Baghdad and other cities are at risk of serious power shortages after Iran slashed gas exports, the electricity ministry said on Sunday, potentially placing further pressure on the government...
France, Other European Countries Withdraw From Business Forum Over Execution
PARIS, Dec 13 (Reuters) - France said on Sunday its ambassador to Iran would not participate in an online business forum in Tehran this week, in a growing row between Iran and European nations over the execution of Iranian...
U.S. Says No Sanctions Penalty on Humanitarian Aid for Iran
By John O'Donnell
FRANKFURT, Dec 8 (Reuters) - Banks that process payments for humanitarian aid to Iran will not be penalised under U.S. sanctions, the U.S. Treasury has said, following a European appeal for leniency.
In...
Investment in Iran Slumped to 15-Year Low in 2019, Report Shows
By Kayhan Life Staff
Investment in the Iranian economy – or Gross fixed capital formation (GFCF) -- has steadily declined over the last decade, the Tehran-based Jahan-e Sanat newspaper said on Nov. 26, citing a...
Lifting U.S. Sanctions Will Not By Itself Revive Iranian Economy, Officials Say
By Kayhan Life Staff
Iran-Italy Chamber of Commerce Chair Ahmad Pourfallah has warned the country’s officials that they cannot jump-start the economy even if all sanctions were to be lifted unless they enact the Financial...
