Tag Archives | Islamic Revolutionary Guards Corp (IRGC)

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 […]