EghtesadOnline: Currency rates surged in the open market in Iran following more than two weeks of bear market after demand for foreign currency rose amid expectations that the plunging forex rates had hit the bottom.
EghtesadOnline: With summer comes new demand for rental housing in Iran.
EghtesadOnline: The foreign exchange rate in Tehran has been on a declining trajectory since the beginning of the Iranian week on Saturday, amid a noticeable decrease in demand for foreign currency.
EghtesadOnline: With rumors circulating on social media that sooner or later the Iranian government will be forced to increase fuel prices and start rationing gasoline, demand for CNG-hybrid vehicles has soared.
EghtesadOnline: Renewable energy demand and capacity are growing explosively.
EghtesadOnline: The European Union and the bloc’s powers on Friday rejected an appeal by the US for Europeans to withdraw from the Iranian nuclear deal and join its “maximum pressure” drive against Tehran.
EghtesadOnline: Residential units that have been newly constructed in Tehran still grab a relatively dominating share of home deals in the capital, but this share has been on a declining trajectory in the past five years, official data provided by the Central Bank of Iran show.