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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

Share Market in Hot Seat

EghtesadOnline: Tehran ’s share market saw a bruising sell-off on Sunday pulling down the main market indicators as political concerns weighed on investor sentiment.
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Publish Date:21/September/2020 | 14:02

Leap in Number of Gas Subscribers in Tehran

EghtesadOnline: The number of gas meters in the household sector grew by 45% (1 million) in the past eight years in Tehran Province alone, head of the provincial Gas Company said.
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Publish Date:20/September/2020 | 11:52

TCCIM to Hold 4 Specialized Courses in Oct.-Nov.

EghtesadOnline: The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold four specialized courses on global trade, negotiation psychology, payments during sanctions and commerce.
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Publish Date:20/September/2020 | 11:48

Refineries Pull Down Bourse

EghtesadOnline: Tehran stock market closed the first weekly session on Saturday slightly lower amid a sell-off of major refinery shares.
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Publish Date:20/September/2020 | 11:31

US Sanctions Snapback Bid Downplayed as Vain

EghtesadOnline: Foreign Minister Mohammad Javad Zarif said the United States’ attempt to return international sanctions on Tehran within a week is vain because Washington is not globally regarded as a party to the 2015 nuclear deal, formally called the Joint Comprehensive Plan of Action.
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Publish Date:19/September/2020 | 24:51

Shares Pare Earlier Losses

EghtesadOnline: Tehran ’s share market pared earlier losses at the close of trading week on Wednesday as investors, buoyed by supportive measures, repositioned to the buy side.
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Publish Date:19/September/2020 | 24:08

TEDPIX Closes 3.5% Higher

EghtesadOnline: Tehran stocks gained some more lost ground as angst-ridden investors started leaving the sell side, and finding share prices attractive, rushed to buy.
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Publish Date:17/September/2020 | 20:36

TEDPIX Closes 3.5% Higher

EghtesadOnline: Tehran stocks gained some more lost ground as angst-ridden investors started leaving the sell side, and finding share prices attractive, rushed to buy.
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Publish Date:16/September/2020 | 24:06

Assassination Plot Against US Envoy Denied

EghtesadOnline: The Iranian Foreign Ministry rejected a report about Tehran ’s plans to assassinate an American diplomat in South Africa, describing it as “biased and targeted”.
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Publish Date:15/September/2020 | 10:09