The Arab revolts have disturbed social movement scholars and policy makers alike. These revolts started to erupt about two years after the emergence of the Iranian Green Movement of June 2009. Ironically, Hosni Mubarak, the Egyptian president, stepped down one night before the 32nd anniversary of the Islamic Revolution of 1979 in Iran. Since then, Iranian activists, intellectuals, and political elites from far right to far left have been framing the Arab revolts based upon their divergent political perceptions and agendas. While the establishment has proposed that the Arab revolts have been inspired by the Islamic Revolution of 1979 as well as “Iranian Resistance” to the American and Zionist imperialism, the Iranian Green activists claim that it was the Green Movement of 2009 that inspired the Arab streets. The oppositions’ perceptions of the Arab revolts have been nostalgically inspired by the “lost ideals” of the 1979 Revolution such as freedom. On the fringe part of the political spectrum, then incumbent Ahmadinejad’s circle was self-contradictory. While some of Ahmadinejad’s allies had related the Arab revolts to “the conspiracy of big powers,” others shared the establishment’s anti-imperialism perceptions. It seems that for all blocs of power and the oppositions within the Islamic Republic of Iran -with the exception of some of Ahmadinejad’s allies- the Islamic Revolution of 1979 is a permanent and inspiring revolution. I examine these divergent perceptions within Iranian political elites towards the Arab revolts and propose that, although inherently divergent, all blocs of power and the mainstream oppositions keep trying to reframe and restructure the Islamic Revolution of 1979. The data gleaned through traditional online media as well as new social media from the fall of Mubarak regime in Egypt up until the end of January 2016. Although this study contributes to the classical idea of “permanent revolution,” it could open some research avenues for hybrid regime studies, factional politics, and elite fragmentation.