The Islamic Republic will soon start its 7th national developmental plan, but an expert who worked in previous government economic plans doubts it can succeed.
On July 19, the Iranian state media launched a new wave of propaganda, claiming that Iran is among the world’s wealthiest states. The Jahan-e Sanat daily reported that “Recent statistic surveys show that Iran’s economy has been ...
Iranian automotive companies and their counterparts in Russia have signed some $700 million worth of deals to expand their cooperation at a time the two countries are shoring up their defenses against Western sanctions.
An extensive effort is under way in Iran to downplay a major financial corruption case at the Mobarakeh Steel Plant, involving many influential regime insiders.
Government corruption in Iran has looted around 80 percent of the national income and the Iranian people’s wealth. Unlike other countries where the free market has created a healthy economy, a ‘free market of corruption’ in Iran ...
One of Iran's biggest cash cows, the Mobarakeh Steel Company, is reeling from the release of a lengthy parliamentary investigation that alleges corruption amounting to $3 billion tied to the administration of former President Hassan Rohani.
The US$40 billion memorandum of understanding (MoU) signed last month between Gazprom and the National Iranian Oil Company (NIOC) is a stepping stone to enabling Russia and Iran to implement their long-held plan to be the core ...
Deatils about a major corruption case at Iran's Mobarakeh Steel Plant have implicated dozens of media outlets, influential individuals and state entities .
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