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housing

Iran real estate prices rise 111% YOY

A report by Statistical Center of Iran (SCI) suggests that the average price of residential property in the fourth square of the past Iranian fiscal year (Dec 21, 2020 – March 21, 2021) has increased by 111.6% in Iran when compared to the preceding year’s same period.

Macro Economy

Iran approves motion to build 6 million affordable houses

Iran’s Constitutional Council, a body tasked with finalizing parliament legislation, has approved a massive housing scheme which seeks to build six million homes for the underprivileged population in the country.

Society Economy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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