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Economy

70% Of Budget Committed To Tackling COVID-19 In Limbo

Radiofarda - About six months after the allocation of one billion euros (about $1.2 billion) from Iran's National Development Fund…

Iran Steel Production Increases Despite US Sanctions

Radiofarda - In its latest monthly report, the World Steel Association (WSA) says that Iran's crude steel production in the…

Rial At Record Lows Against The Dollar As U.S Announces Sanctions

Radiofarda - Immediately after the United States announced the return of international sanctions on Iran on Sunday, the dollar exchange…

Iranian rial drops to lowest level as US pushes to restore UN sanctions

Al-Arabia - Iran dismissed US efforts to restore all UN sanctions on the country as mounting economic pressure from Washington pushed the…

Coronavirus Pushes Iran’s Tourism to the Point of No Return

Radiofarda - Ali Asghar Mounesan, Iran's Minister of Cultural Heritage, Tourism and Handicrafts, says that if coronavirus-related restrictions persist, the…

CBI Will Heavily Inject Dollars Into Local Market

Radiofarda - With the rial, Iranian's national currency, recently setting a new low record against the U.S. dollar, the Governor…

Khamenei’s Office finds a way to circumvent US sanctions

Radiozamahe - Barkat Pharmaceutical Group wants to look legitimate in order to expand its international business and financial network. But…

European attempt to facilitate trading with Tehran has landed between a rock and a hard place

Radiozamaneh - Since the US reinstated economic sanctions on Iran it has been next to impossible for European companies to…

High unemployment forces Iranian Kurds into smuggling, with deadly consequences

Al-Monitor - The plight of Iran’s mountain couriers is once again under the spotlight after the Islamic Republic’s border guards shot…

Iran’s Oil Minister Seeks Help From IRGC Controlled Firm To Export Oil

Radiofarda - Highlighting his "great efforts to circumvent the sanctions," Islamic Republic Oil Minister Bijan Namdar Zanganeh disclosed that he…