National News Review

30% growth in housing market

The price of housing in Tehran has grown by 30% compared with last year, and the western part of Tehran, especially small apartments have seen the largest growth. Shahrvand writes that the price of construction […]

Banking

Credit line for Tehran – Mashhad railway

Donya-e-Eghtesad announces the opening of a 7.1 billion dollar credit line in order to finance the electric train line between Tehran and Mashhad. This contract between Sanaat and Madan (Industry and Mining) Bank of Iran […]

Climate

Too much noise in Tehran

Taadol newspaper has written an article evaluating noise pollution in Tehran. The most important source of noise pollution is transportation vehicles, and among them motorcycles have the greatest share of noise. Elham Karimi, a specialist […]

Financial Sector

Municipality of Tehran; short in finance

Tehran has several problems; public transportation and pollution are the highlights. Qanun daily reported about recent talks of increasing the cost of living in Tehran as a solution for some of these problems. The Deputy […]

Week in Brief

Iran Economy in Brief – No. 82

Population of suburban area of Tehran: more than 2 million More than 8% of the country’s urban decay is located in Tehran. The Head of the Urban Development and Revitalization Organization of Iran, Mohammad Abdolmaleki […]

Week in Brief

Iran Economy in Brief – No. 81

Football League to pay $53m tax The Iranian Football League Organization released a statement announcing its bank accounts have been frozen due to tax debt. Based on the report from the Tax Organization, The Iranian […]

Industries

Tehran’s traffic among global worst

In terms of traffic commute time index, Tehran ranks among the 10 worst ranked cities in 2017 which is due to improper development of the transportation network. In its latest rankings, the international data analysis […]

Industries

Who is Tehran’s new mayor?

Mohammadali Najafi was assigned as the Mayor of Tehran by official decree of the Ministry of Interior. Mr. Najafi is one of an experienced manager in post-revolution Iran. In 1981 and at 30 years of […]

Industries

Expansion for Gondola Lift in Tochal Mountain

Tochal Recreational and Sport Complex in north of Tehran, owns one of the world’s longest gondola lifts. The operating organization plans further development and expansion. “We have planned to extend the gondola lift route from […]