Tag Archives | Islamic Revolutionary Guards Corp (IRGC)

US Issues Sanctions against IRGC

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Friday designated Iran’s Islamic Revolutionary Guard Corps (IRGC) pursuant to the global terrorism Executive Order (E.O.) 13224 and consistent with the Countering America’s Adversaries Through Sanctions Act. OFAC designated the IRGC today for its activities in support of the IRGC-Qods Force (IRGC-QF), […]

President Trump’s New Strategy on Iran

“It is time for the entire world to join us in demanding that Iran’s government end its pursuit of death and destruction.” – President Donald J. Trump President Donald J. Trump, in consultation with his national security team, has approved a new strategy for Iran. It is the culmination of nine months of deliberation with […]

Iran Weary of Trump’s Plans in Iraqi Kurdistan

By Fazel Hawramy, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. More than two weeks after the Sept. 25 independence referendum in Iraqi Kurdistan, Iran has yet to take any meaningful action against the Kurdish region despite its rhetoric, including Supreme Leader Ayatollah Ali Khamenei’s […]

“Crushing Response” if US declares IRGC a Terror Group

Iranian Foreign Ministry Spokesman Bahram Qassemi warned that if Washington decides to declare the Islamic Revolution Guards Corps (IRGC) a terrorist organization, Tehran would make a “firm and crushing” response. Speaking to reporters at his weekly press conference in Tehran on Monday, Qassemi hailed recent remarks made by IRGC Commander Major General Mohammad Ali Jafari, […]

Iran Unveils New Multiple Warhead Ballistic Missile

New long-range ballistic missile that Iran’s Defense Ministry has manufactured for the Islamic Revolution Guards Corps (IRGC) was unveiled in a military parade in Tehran on Friday. The large ballistic missile, named after Iran’s southwestern city of Khorramshahr that bore the brunt of an Iraqi surprise attack in the 1980s, was put on display on […]

IRGC Working on New Attack Helicopter

A homegrown attack helicopter designed by the Islamic Revolution Guards Corps Aerospace Force is going through the manufacturing process, a top commander said. The IRGC Aerospace Force is still working on the 2-seat attack helicopter designed by its experts, commander of the force Brigadier General Amir Ali Hajizadeh told Tasnim on Tuesday. More information about […]

Iran Cracks Down on IRGC Business Network

The Financial Times reports that Iran’s Revolutionary Guards Corps (IRGC) is being forced to shrink its sprawling business empire, and some of its senior members have been arrested as part of President Hassan Rouhani’s attempts to curb the elite force’s role in the economy. A regime insider and a government official told the newspaper that […]

The real footprint of the IRGC in Iran’s economy

By Bijan Khajehpour for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The Iranian economy consists of three distinct sectors: public, private and semi-state — which includes religious, revolutionary, military foundations and cooperatives, as well as social security and pension funds. Experts agree that as a […]

Iran’s Economy a ‘Masterpiece of Structural Ambiguity’

By Ali Dadpay for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The economy dominated Iran’s recent presidential election. Hassan Rouhani, the incumbent, argued that integration into the global economy is the only path to prosperity and job creation, while his rivals accused his administration of […]

New Trump Sanctions Against Iran – FULL LIST

The United States announced new sanctions against 18 Iranian individuals, groups and networks on Tuesday, over the Islamic Republic’s missile program. The move comes just one day after the Trump administration certified the Iranian government’s compliance with the nuclear deal. Iran’s Foreign Ministry condemned the new measures and said it will respond to the US […]

Trump Reluctantly Certifies Iran’s Compliance with Nuclear Deal

By Laura Rozen for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The Donald Trump administration on Monday told Congress that Iran remains compliant with the nuclear deal while building the case for a thorough renegotiation of the international accord. The certification, which Congress mandates every […]

IRGC Engaged in Development Plans across Iran

Commander of the Islamic Revolution Guards Corps (IRGC) said his forces are actively involved in development plans all over the country, saying the IRGC sees no limits to its role in helping create jobs and improve the livelihood of people should the administration prepare the grounds. The IRGC has its roots in people and the […]

Kurdistan Referendum puts Iran at Crossroads

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. As Iraqi Kurds try to iron out internal differences ahead of their referendum on independence in September, Turkey, Iraq and Iran have all announced their opposition, questioning the timing and fearing the implications of such […]

Road ahead Unclear in Aftermath of Tehran Attacks

By Ali Hashem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. To ordinary Iranians, the threat of the Islamic State was never close enough to be thought of as a real concern — until June 7, when the group hit two monumental locations in the […]

New Gas Condensate Refinery Comes on Stream

The first phase of a new gas condensate refinery constructed in southern Iran by an entity affiliated with the Islamic Revolution Guards Corps (IRGC) came into operation on Sunday. The ‘Persian Gulf Star’ gas condensate refinery came on stream during a ceremony held in the southern province of Hormozgan on Sunday with Iranian President Hassan […]

New Refinery to Make Iran Exporter of Gasoline

A new gas condensate refinery constructed in southern Iran by an entity affiliated with the Islamic Revolution Guards Corps (IRGC) will not only help meet the country’s domestic demands for gasoline, but also allow for the export of petroleum, the commander of the IRGC announced. After coming into operation, the ‘Persian Gulf Star’ gas condensate […]

Can Iran stop Iraqi Kurdistan Independence?

By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iran Business News.  As talk of an independence referendum for Iraq’s Kurdistan Regional Government (KRG) grows, Iran’s role is becoming more visible, especially that of Qasem Soleimani (pictured), the powerful commander of […]

How Iran’s Military Strategy against IS may Backfire

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. “Today Iran stands at the forefront of the battle and confrontation with the project of the Islamic caliphate, in a way that it funds more than 90 … armed militia groups in Islamic cities,” the […]

Structural issues cloud Khamenei’s Economic Vision

By Bijan Khajehpour, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. It is now an established tradition that Iran’s supreme leader travels to Mashhad on the first day of the Iranian New Year, which fell on March 21 this year, to deliver his most important […]

Despite nuclear deal, EU firms still cautious on Iran

By Dr. David Ramin Jalilvand for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Since the signing and implementation of the Joint Comprehensive Plan of Action (JCPOA), European businesses have shown great interest in re-entering Iran. Trade between Iran and the EU has already notably picked […]