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CBI’s Monthly Review of Tehran Housing Market

EghtesadOnline: A total of 8,463 homes were sold in Tehran during the sixth month of the current fiscal year (Aug. 22-Sept. 21), registering a 6.8% decline compared with the preceding month.
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Publish Date:30/September/2020 | 14:03

Tehran Ranking Drops in Global Financial Centers Index

EghtesadOnline: Tehran was ranked 102 in the Global Financial Centers Index (GFCI 28) report published by the website of Z/Yen from the United Kingdom and the China Development Institute from Shenzhen.
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Publish Date:29/September/2020 | 14:31

TEDPIX Plunges to 3-Month Low

EghtesadOnline: The benchmark of Tehran Stock Exchange lost a strong support level Monday with the TEDPIX diving deeper below 1.6 million points.
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Publish Date:29/September/2020 | 14:14

Iran: Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran.
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Publish Date:28/September/2020 | 19:18

Slight Gains in Currency Rates

EghtesadOnline: Forex rates in Tehran were rather stable on Sunday compared to the past several weeks as traders exercised extra caution due to the Central Bank of Iran’s presence in the market.
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Publish Date:28/September/2020 | 18:19

Tehran Stocks Falls Under Relentless Sell-Off

EghtesadOnline: Tehran ’s bourse was again counting its losses on Sunday as a bruising sell-off swept through a majority of small and large cap shares.
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Publish Date:28/September/2020 | 18:17

US Charges on Iranian Role in Afghanistan Rejected

EghtesadOnline: Tehran dismissed an American envoy’s accusation of Iran’s destructive role in Afghan peace efforts, describing it as “irresponsible” and a sign of the United States’ lack of adequate understanding of developments in Afghanistan.
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Publish Date:27/September/2020 | 24:03

Abfa Says Cannot Meet Rising Costs

EghtesadOnline: The widening gap between what consumers pay and the final cost of water treatment and supply has pushed the state-owned Tehran Province Water and Wastewater Company (Abfa) into the red to the tune of $120 million so far, the company director said.
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Publish Date:27/September/2020 | 11:58

Iran: Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran.
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Publish Date:27/September/2020 | 11:37

TSE Bans Day Trading Until Further Notice

EghtesadOnline: Tehran Stock Exchange on Saturday banned day trading until further notice, a move seen to encourage investors to adopt “a buy and hold” approach.
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Publish Date:27/September/2020 | 11:22

Russia Opposes US Policy on Iran

EghtesadOnline: Russia’s foreign minister said Moscow roundly rejects an ongoing effort by Washington to permanently extend a UN arms embargo on Tehran , which is to expire next month.
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Publish Date:26/September/2020 | 13:52

Stocks Nudge Up

EghtesadOnline: After four straight sessions of bear market, Tehran stocks closed in positive territory on Wednesday.
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Publish Date:26/September/2020 | 13:31

38% Decrease in H1 Tehran Home Construction Permits

EghtesadOnline: The first half of the current Iranian year (March 20-Sept. 21) registered a 38% decline in the number of permits issued to home builders, says the head of Construction Engineering Organization of Tehran Province.
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Publish Date:26/September/2020 | 13:27

Water Demand in Tehran Intensifies

EghtesadOnline: Potable water consumption in Tehran Province jumped to 626 million cubic meters in the last water year that ended on Sep 22, managing director of Tehran Regional Water Company said.
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Publish Date:25/September/2020 | 20:22

New Russian Contractor to Build $1.2b Sirik Power Plant

EghtesadOnline: A new contractor has been appointed by Russia for the construction of a 1400-megawatt Power Plant in Sirik County, Hormozgan Province, the energy minister said in Tehran said Tuesday without naming the new contractor.
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Publish Date:23/September/2020 | 20:30

Tehran Shares Stuck in Negative Territory

EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, fell below the supportive level of 1.6 million points losing more than 57,000 points on Monday, extending a losing streak into the third day.
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Publish Date:22/September/2020 | 13:43

Electronic Payments Costlier Than Cash

EghtesadOnline: A recent study conducted by Pulse Ware Company and University of Tehran academics shows that costs of circulating banknotes is still lower than the electronic payment fees, despite claims to the contrary by the Central Bank of Iran.
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Publish Date:21/September/2020 | 14:14

Forex Rates and Gold Back to Record Highs

EghtesadOnline: After a brief lull, currency rates again rallied against the rial on Sunday. The dollar was quoted at 273,000 rials in Tehran ’s open market, up 7,000 rials, or 2%.
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Publish Date:21/September/2020 | 14:11

Third Covid-19 Wave Hits Tehran

EghtesadOnline: Head of Tehran ’s coronavirus taskforce called for the government’s “serious intervention” to assist the key province in confronting a third wave of Covid-19 infections.
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Publish Date:21/September/2020 | 14:09