News : Economy

Irgc’s Role in Iran’s Economy

By INU Staff

INU - General Abdollah Abdollahi, who commands Khatam al-Anbia Construction Headquarters, a conglomerate of the Islamic Revolution Guards Corps (IRGC), has dismissed the latest criticism of the organization’s increasing role in the Iranian economy and claims that IRGC companies are undermining the private sector.

Euromoney Conference Highlights Different Paths Europe Can Take on Iran Policy

By INU Staff

INU - Thursday marked the second annual Euromoney Conference in Paris, which was attended by an Iranian delegation headed by Deputy Foreign Minister Abbas Araqchi. Earlier in the week, Iranian state media touted Araqchi’s planned trip and said that the conference would showcase the “vast economic opportunities” available to European investors in the Islamic Republic. In other words, the event promised to help Tehran push back against pressure from the White House and other critics of the Iranian regime who are trying to forestall European investments and make them conditional upon new agreements over Iran’s behavior in such areas as human rights, regional interference, and missile activities.

As Iran Faces Severe Water Shortages, Financial Resources for Water Management Unavailable

By INU Staff

INU - Since the Iranian regime presented the budget to parliament in December, there has been an outcry on social media and in the streets against the additional money earmarked for military and religious purposes. In fact, it is believed that the government cutting subsidies for fuel and schools, while directing billions of dollars to the Revolutionary Guard, and religious foundations, sparked the thousands who protested in Iran recently.

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