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Economy

Fact Box: Contracts Of Major International Companies In Iran

Radiofarda - French gas and power group Engie, Polish gas firm PGNiG and German lender DZ Bank were the latest…

EU Mulls Direct Iran Central Bank Transfers to Beat US Sanctions

VOA - The European Commission is proposing that EU governments make direct money transfers to Iran's central bank to avoid…

Iranian Banks Must Comply With Rules On Money Laundering – Report

Radiofarda - The myriad problems faced by Iranian banks stem not from sanctions, but from their failure to follow international…

As Currency Crisis Worsens, Iranians Begin To Invest In Gold

Radiofarda - Iranians are reportedly investing in gold after the Central Bank of Iran last week issued strict limits on…

Russia-Led Trade Bloc Seeks Free Trade Area With Iran

Radiofarda- The Russia-led Eurasian Economic Union trade bloc signed an interim trade deal with Iran on Thursday and plans to…

French Energy Giant Says Will Exit Iran Unless U.S. Sanctions Waived

RFL/RE - French energy giant Total has joined other major European companies in saying they will exit Iran unless U.S.…

Central Bank Sets Strict Limits On Cash Leaving Iran Amid Currency Crisis

Radiofarda - A new directive issued by the Central Bank of Iran (CBI) has set strict limits on the amount…

Analysts Say U.S. JCPOA Exit Will Heighten Iran’s Economic Woes, Gov’t Infighting

Radiofarda - Iranian analysts say the United States’ withdrawal from the nuclear deal with Iran, also called the Joint Comprehensive…

Iranian oil exports set to continue under US sanctions

Al-Monitor - Assessing the short- and long-term consequences of the US withdrawal from the Joint Comprehensive Plan of Action (JCPOA)…

Iranian Currency Slumps on Black Market After US Quits Iran Deal

VOA - Western news agencies say the Iranian rial has weakened significantly against the dollar in black market trading following…