Tehran
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New Gas Turbine to Curb Tehran’s Water Consumption, Air Pollution
EghtesadOnline: The replacement of dilapidated gas turbine in 52-year-old Besat Thermal Power Plant in southern Tehran with a domestically-manufactured F-class gas turbine will help curb water…
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Tehran to Host ‘EURASIA EXPO 2021’ Next Month
EghtesadOnline: The first exclusive exhibition of Eurasian Economic Union member states, also known as “EURASIA EXPO 2021”, is scheduled to be held at Tehran’s International Fairgrounds from…
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Stocks Extend 6-Day Winning Streak
EghtesadOnline: Tehran stocks opened higher on Saturday extending a winning streak into the sixth day.
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Foreign Investments in Tehran Reach $1.2b in Fiscal 2020-21
EghtesadOnline: Tehran Province attracted $1.2 billion of foreign investments in the form of 27 contracts during the last fiscal year (ended March 20, 2021), according to Farzaneh Dehnadi, the…
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Stocks Extend 6-Day Winning Streak
EghtesadOnline: Tehran stocks opened higher on Saturday extending a winning streak into the sixth day.
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Tehran Average Home Prices Up 69%
EghtesadOnline: The average price of each square meter of a residential property in Tehran stood at 287.96 million rials ($1,240) in the second month of the current fiscal year (April 21-May…
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Iran: Bourse at Lowest Level in One Year
EghtesadOnline: Tehran stocks plummeted on Sunday to levels a year ago with the Tehran Stock Exchange main index giving away 1.8%.
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Rehashed Plan to Renovate Old Cabs
EghtesadOnline: Tehran Municipality plans to renovate 15,000 decrepit taxis in the current fiscal year (ending March 2022) in coordination with the Plan and Budget Organization.
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Tehran’s Bitcoin Trade Is Estimated at $174m a Day
EghtesadOnline: A study conducted by the High Council of Cyberspace shows total bitcoin trade in Tehran alone amounts to approximately 30-40 trillion rials ($130-174 million), the council's…
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Currency, Gold Retreat in Tehran
EghtesadOnline: Forex rates declined on Monday pulling down gold prices in the Iranian market. The dollar retreated after breaking past the critical 230,000 rial at the start of trading week…
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Stocks Buck 4-Day Rising Trend in Iran
EghtesadOnline: Tehran stocks paused on Sunday after rallying for four consecutive sessions as commodity stocks went into correction phase after relative gains.
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Tehran Construction Material Inflation Hit 76.4 Percent
EghtesadOnline: The general price index of construction materials for residential properties in the city of Tehran, using 2011 as the base year, stood at 902 in the fourth quarter of last Iranian…
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TEDPIX Closes in the Red
EghtesadOnline: Tehran’s share market extended its losing streak on Sunday as capital outflow continued and retail investors leave in bigger numbers.
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Tehran Stocks Plunge Further
EghtesadOnline: Tehran’s stock market opened trading week Saturday in negative territory as sell side pressure lingers and nervous investors disregard support measures announced by the government.…
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Small Businesses Challenge Virus Shutdowns
EghtesadOnline: Tehran Guilds’ Chamber will not comply with lockdown rules while banks, tax offices and municipalities remain open, Fars News Agency quoted Qasem Noudeh-Farahani, the head of…
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Tehran Gold Prices Fade Along With Demand
EghtesadOnline: Gold prices in Tehran continued to decline on Monday amid lack of demand due to the closure of markets.
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Decline Is the New Norm in Forex, Gold Markets
EghtesadOnline: Currency rates in Tehran were choppy Tuesday with the dollar near the 240,000-rial support level in the free market.
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Tehran Stock Market Selloff Unabated
EghtesadOnline: Tehran's share market opened trading week on Saturday again in red extending a bruising selloff that has lingered since the middle of last year.
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Tehran Stocks Buck 11-Day Decline
EghtesadOnline: Tehran’s stock market moved into positive territory on Tuesday after posting declines for eleven straight sessions, thanks to rise in demand for large caps.
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Tehran Stocks Stuck in Negative Territory
EghtesadOnline: Tehran stocks opened trading week Saturday in negative territory extending a long losing streak that has lasted for two weeks.
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Tehran Housing Inflation Tops 78%
EghtesadOnline: Tehran’s housing Consumer Price Index in the 12-month period ending March 20, 2021, which marks the end of the 12th month of last Iranian year, increased by 78.2% compared with…
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Gold Prices Ease Amid Lockdown
EghtesadOnline: Gold prices declined again in Tehran on Saturday amid widespread closure of markets and despite lukewarm trends in the foreign exchange market.
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Pollution Darkens Tehran Skies
EghtesadOnline: The residents of Iranian capital breathed in more polluted air in March compared with the corresponding month of last year, data released by Tehran Air Quality Control Company…
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Tehran Grand Bazaar to Close for 2 Weeks
EghtesadOnline: Tehran’s Grand Bazaar will be closed for two weeks starting Saturday, April 10, to contain the rapid spread of Covid-19 infections.
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Currency, Gold Drop in Tehran
EghtesadOnline: Foreign exchange rates dropped on the last day of trading week Thursday, distressing prices in the domestic bullion market.
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Shares Lower as Selloff Weighs
EghtesadOnline: Tehran's share market was close to bucking a six-day declining trend Tuesday but a rally in the beginning of trading session ended in selloff.
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Majlis to Decide on Opening ECO Bank's Office in Tehran
EghtesadOnline: The Rouhani administration has submitted a bill to the parliament that allows ECO Trade and Development Bank to open a representative office in Tehran to help expand ties between…
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TSE Edges Higher
EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, gained 9,026 points, or 0.72%, on Monday to end trading at 1,254,212.
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2nd Wastewater Treatment Plant Built in Tehran’s Eslamshahr County
EghtesadOnline: Tehran’s second wastewater treatment facility, aka Firouz Bahram Wastewater Treatment Plant, at the southwestern tip of the capital is to officially open soon.
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Bond Market Logs Sizable Growth
EghtesadOnline: The bond market in Tehran has grown exponentially in the current fiscal year thanks to government endeavors to tap into debt instruments to help cover budget deficits.