Iranian officials have been promoting last year's $5 billion in foreign investment as a success despite sanctions. However, this amount pales in comparison to the much larger sums being attracted by neighboring countries.
Despite a change in government, Iran's private sector remains under pressure as the judiciary sentenced the former head of the Chamber of Commerce to prison and a fine.
Mohammad Reza Aref, Iran’s First Vice President, revealed that the country's fuel distribution system was hit by two identical cyberattacks within a year, both targeting critical infrastructure without any preventive measures taken.
The number of deaths from road accidents has reached a 12-year high in Iran, according to recent data from the Iranian Legal Medicine Organization (ILMO).
This week, Iran's new president, Masoud Pezeshkian, pledged an "economic surgery" to address the nation’s worsening crisis. With millions of impoverished citizens expecting relief, he faces mounting pressure to deliver reforms.
Iran International has learned that "Tosan," the company whose system was used in the hacking of over 20 Iranian banks, is now under control of security agencies, with its employees being interrogated.
Exposing Iran’s ruling elite, the pro-reform Shargh daily has revealed a letter detailing how five officials appointed under President Ebrahim Raisi granted themselves loans totaling 105 billion rials ($175,000).
Iran's Vice President Mohammad-Reza Aref is facing widespread criticism from across the political spectrum after his controversial son attended an official meeting despite holding no position in the government.
Over a million Iranians have deposited approximately $3,800 each in banks, hoping to "win" one of the vehicles that Iran's leading automaker, Iran Khodro, raffled off last week pending the announcement of the results.
Iran’s Supreme Leader has approved diverting over $5.8 billion from the National Development Fund (NDF)—initially reserved for the nation's future—to settle the government’s immediate debts to wheat farmers and truck drivers.
Iran's domestic economic issues, marked by fragmented growth and the dominance of powerful "mafias," are deterring investment, according to Sirous Talari, a board member of the Iranian & Foreign Joint Venture Investments Association (IFJIA).
A Bloomberg investigation has revealed how the son of Iran’s former national security chief has become a significant figure in global oil markets, even in the face of US sanctions.
Iran's oil and electricity export revenues are blocked in Pakistan due to US sanctions, according to an Iranian Chamber of Commerce official.