Tehran
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Tehran Stock Market Losses Multiply
EghtesadOnline: Tehran stock market losses multiplied on Monday as sell-side pressure outweighed demand and many categories saw price declines.
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Rial Gains Against Major Currencies
EghtesadOnline: Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank…
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Tehran Stocks Down 1.5%
EghtesadOnline: Share prices in Tehran were choppy Sunday but sell-side pressure prevailed further pulling down demand. The main index of Tehran Stock Exchange, TEDPIX, closed in red losing 23,173…
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Covid-19 Restrictions Return in Tehran
EghtesadOnline: Lockdown disciplines returned to the province of Tehran for a one-week period to tackle the spread of the coronavirus infection in the epicenter of the outbreak in Iran.
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Tehran Stocks Eke Out Gains
EghtesadOnline: Tehran stocks built on gains in the last trading session and opened Saturday trade 2.85% higher amid rising demand for most stock categories.
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Rial Plunges to All-Time Low
EghtesadOnline: The US dollar rose again in Tehran’s free market at the close of trading week on Thursday, moving incessantly toward 300,000 rials.
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Demand for Gold, Forex Still High
EghtesadOnline: Gold coin prices soared again in Tehran riding on the upbeat mood in the currency market and the omnipresent rush to buy the precious metal.
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Tehran Stocks Tick Up
EghtesadOnline: Tehran stocks swung choppily at the close of trading session on Wednesday as trade began in negative territory but later gained ground.
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Gov’t Investment to Help Promote Tech Ecosystems of Tehran, Tabriz
EghtesadOnline: Efforts are on track in Iranian metropolises Tehran and Tabriz to expand tech centers offering workspace and financial support to local startups.
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Real-Estate Agents’ Commission Halved
EghtesadOnline: The real-estate agents’ commission in Tehran has been reduced from 1% to 0.5%.
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TCCIM to Hold Three Specialized Business Courses
EghtesadOnline: The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold three specialized courses…
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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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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…
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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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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…
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Tehran Residents Lack Neighborhood Belonging
EghtesadOnline: On average, residents of Tehran live fewer than three years in one neighborhood, which is indicative of lack of neighborhood belonging and attachment among residents of the capital…
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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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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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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…
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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…
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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…
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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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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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Stocks Nudge Up
EghtesadOnline: After four straight sessions of bear market, Tehran stocks closed in positive territory on Wednesday.
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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…
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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…
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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…
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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…
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Tehran Province Accounts for Over One-Fifth of Iran’s GDP
EghtesadOnline: Tehran Province accounted for 22.1% or more than one-fifth of Iran’s gross domestic product in the fiscal 2019-20.
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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…