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Hospitalizations Rise, Covid Resurgence Risk by Yearend

EghtesadOnline: The number of Covid-19 patients is slowly rising in Tehran, with health experts warning of a possible fourth wave of infections hitting Iran in the final days of the year.
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Publish Date: 03/February/2021 | 20:12

Share Market on Thin Ice

EghtesadOnline: The main indicator of Tehran Stock Exchange retreated to 1.2 million points on Tuesday after two consecutive sessions of heavy losses.
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Publish Date: 03/February/2021 | 20:09

Tehran Smog Recedes in January

EghtesadOnline: The hand of nature, rain and wind, has pushed away the suffocating blanket of smog that had covered Tehran, making air in January a tad cleaner compared to the previous month.
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Publish Date: 02/February/2021 | 15:07

New Participants in JCPOA Negotiations Rejected

EghtesadOnline: A senior Iranian diplomat on Saturday rejected any new negotiations or changes to the participants of Tehran’s nuclear deal with world powers, after French President Emmanuel Macron said any new talks should include Saudi Arabia.
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Publish Date: 01/February/2021 | 18:59

Tehran Covid Cases on the Rise

EghtesadOnline: The number of patients hospitalized due to Covid-19 is slowly rising in the capital of Tehran, with health officials warning of a return of restrictions if hospitalizations continue to increase.
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Publish Date: 01/February/2021 | 18:39

Tehran Hosting ‘Iran ConMin 2021’

EghtesadOnline: The 16th International Exhibition of Mines, Mining, Construction Machinery and Related Industries and Equipment, also known as “Iran ConMin 2021”, was inaugurated by Industries Minister Alireza Razm-Hosseini at Tehran’s International Fairgrounds on Jan. 30.
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Publish Date: 31/January/2021 | 19:23

TCCIM to Organize Webinar, Two Courses in February

EghtesadOnline: The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a webinar on exports to Iraq, in addition to two specialized courses on funds through the capital market and commerce this February.
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Publish Date: 31/January/2021 | 19:21

Tehran Stocks Open Stronger

EghtesadOnline: The Tehran stock market saw one of its best days in two months on Saturday as prices of most shares rose. The main gauge of Tehran Stock Exchange, TEDPIX, climbed 3.3% gaining 39,454 points, the highest since Nov. 18.
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Publish Date: 31/January/2021 | 19:13

Tehran’s Construction Materials Inflation at 59.6 Percent in Q3

EghtesadOnline: The general price index of construction materials for residential properties in Tehran grew by 59.6% in the four-quarter period to Dec. 20, 2020, which marks the end of the third quarter of the current Iranian year (Sept. 22-Dec. 20, 2020), compared with the previous year's corresponding period.
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Publish Date: 31/January/2021 | 19:10

Currencies Jump in Tehran

EghtesadOnline: Forex rates shot up in Tehran on the first day of the week. The dollar climbed to 243,000 rials on Saturday in the open market, posting 2.3% or 5,600-rial growth compared to Thursday's close.
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Publish Date: 31/January/2021 | 19:08

Dollar Surges 3.3% in Tehran

EghtesadOnline: Currency and gold prices posted significant gains on Wednesday in Tehran after two days of decline. The dollar was quoted at 237,000 rials in the free market, 3.29% higher than the previous day's close, Eghtesadnews reported.
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Publish Date: 29/January/2021 | 11:26

TEDPIX Down 0.6%

EghtesadOnline: The main gauge of Tehran stock Exchange, TEDPIX, dropped 7,299 points and fell 0.6% on Wednesday to close at 1,207,732.
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Publish Date: 29/January/2021 | 11:25

Official Warns About Fire Hazards Facing Tehran Buildings

EghtesadOnline: There are 100 buildings in Tehran with conditions similar to Plasco – a high-rise commercial tower in Tehran that burned down in 2017, half of which were shut down after the incident but the rest are still being used, the head of Construction Engineering Organization said.
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Publish Date: 25/January/2021 | 19:36

No Interest in Direct Contact With US Officials for Now

EghtesadOnline: Asenior diplomat said Iran has had no contact with the administration of new US President Joe Biden, stressing that any possible talks could only be held within the “right format” of the 2015 multilateral nuclear agreement signed between Tehran and major powers.
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Publish Date: 25/January/2021 | 19:27

Forex, Gold Trim Losses

EghtesadOnline: After a recent pattern of decline, forex and gold prices in Tehran are rising again. The dollar, which plunged to as low as 210,000 rials last Monday, climbed to 232,000 rials on Thursday gaining 4,000 rials or 1.8% compared to the earlier session.
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Publish Date: 23/January/2021 | 16:01

Tehran Stocks Buck Declining Trend

EghtesadOnline: Investors heaved a sigh of relief on the last day of trading week Wednesday as share prices in Tehran picked up following steep declines in five consecutive rallies.
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Publish Date: 21/January/2021 | 17:19

US Contempt for Peace Denounced

EghtesadOnline: Foreign Minister Mohammad Javad Zarif denounced his outgoing American counterpart’s “warmongering lies” against Tehran as blatant contempt for peace.
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Publish Date: 19/January/2021 | 15:14

Cash Crunch Stalls Subway Projects

EghtesadOnline: Tehran’s subway network requires 20 trillion rials ($88.49 million) to launch 10 stations in three lines, the CEO of Tehran Metro Company said.
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Publish Date: 19/January/2021 | 15:03

Cyberattack on Power Infrastructure Denied

EghtesadOnline: The Energy Ministry in Tehran ruled out the possibility of a cyber-strike or sabotage on the state-run Iran Power Generation, Distribution and Transmission Company’s (Tavanir) infrastructure.
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Publish Date: 18/January/2021 | 15:47

Tehran Housing Inflation Tops 68%

EghtesadOnline: Tehran’s housing Consumer Price Index in the 12-month period ending Dec. 20, 2020, which marks the end of the ninth Iranian month, increased by 68.2% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show.
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Publish Date: 18/January/2021 | 15:30