EghtesadOnline: According to the Statistical Center of Iran, the average price of each square meter of residential floor area in urban areas rose by 24.8% in Q4 (Dec. 22, 2021-March 20, 2022) on a year-on-year basis.
EghtesadOnline: Banks and most government offices are cutting working hours following widespread power shortages that has gripped the country as temperatures rise.
EghtesadOnline: Iran must not allow the spread of the new coronavirus to adversely affect the country’s economic recovery, President Hassan Rouhani said, as the death toll from the disease rose to 19 from 139 confirmed cases detected in the past week.
EghtesadOnline: Mack trucks of 1967 are still rolling on Iranian roads. Transport trucks that should have been sent to the scrapyard years ago still fetch an exorbitant price.
EghtesadOnline: Iran's refusal to comply with the requirements of the Financial Action Task Force will result in added economic pressure on the country that is already suffering from severe American sanctions, a top diplomat said.
EghtesadOnline: Iran Airports Company registered 27,487 takeoffs and landings during the seventh month of the current Iranian year (Sept. 23-Oct. 22), which shows a 6% increase compared with the similar month of last year.
EghtesadOnline: President Hassan Rouhani has called on regional states to join the Hormuz Peace Endeavor (Hope), a security coalition proposed by Iran for defusing tension in the Persian Gulf.
EghtesadOnline: Annual petrochemical output in Iran will reach 100 million tons by 2022, managing director of the National Petrochemical Company said.
EghtesadOnline: C hina has strategic cooperation with Iran in various fields and no country is allowed to interfere with the two countries’ mutual ties, the Chinese ambassador in Tehran said.
EghtesadOnline: F oreign exchange rates are of the declining order in the final days of November thanks to a stronger presence of the Central Bank of Iran in the market and optimism that Iran will continue to sell its oil despite earlier speculations.