Tehran CBD Status

Unlike major business capitals around the world, we could not mention a limited area as the only business and financial district of the city. Grand Bazaar of Tehran with more than 200 years of background as a business center, nowadays is mainly host of commodities and traditional retails. Other businesses are distributed in some main […]

Iran`s Financial Status

Real GDP rebounded strongly over the first half of the year 2016 as sanctions eased post-JCPOA implementation. Oil production and exports rebounded quickly to pre-sanction levels, helping cushion the impact of low global oil prices. Increased activity in agriculture, auto production, trade, and transport services has led to the recovery in growth in the non-oil […]

Iran`s Construction Market (Part 2)

The Iranian construction industry has grown so much in the past few years. Driven by a growing young population, as well as increased governmental spending on building infrastructure projects, the sector’s growth outlook is becoming more optimistic as it receives increased interest from international firms. Furthermore, the industrial growth is expected to gain momentum in […]

Retail industry in Iran

Retail industry in Iran traditionally was in hands of Grand Bazaar, along with modernization of the country in the 1960s, modern shopping stores across the main streets such as Valieasr Street, Shariati Street, Azadi Street, as well as Mirdamad Blvd and Jordan Street (now Africa St.) emerged. In 1970s new chain stores called Kourosh Chain […]

Iran Major Infra structure Plan

Iran has great potential to emerge as a major player in the global construction market thanks to its natural resources, In order to accomplish this goal, there is a great need for the expansion and modernization of the sector. In addition to new technologies, Iran plans to benefit from the practical methods in undergoing projects […]

Major Iran Industry overview and outlook

Overview Steel, weaving, food processing, car, electrical and Electronics Industries are among the key industries in the country. Comparing MENA countries, Iran now produces a wide range of manufactured commodities, such as telecommunications equipment, industrial machinery, paper, rubber products, steel, food products, wood and leather products, textiles, and pharmaceuticals. Iran is also known throughout the […]

Sales Regulations for Housing, Office, Retail & Leasing in Iran

For selling Residential, Office, and Retail building, there’s no needed permission if you have official completion certificate of the building issued by municipality. But for pre-sale, it’s needed to follow Presale Regulations. Presale of Buildings (Residential, Office, and Retail) follows the law passed by parliament in 2010. Based on presale law, developer should perform the […]

Foreign Investment Regulation & law

Generally speaking, Iran has two types of laws concerning foreign companies. The first is laws that address issues concerning foreign companies directly such as the Foreign Investment Promotion and Protection Act (FIPPA) and the second is general laws of which certain articles or by-laws address foreign companies, for instance the Taxation Law and the Labor […]

Construction Industry of Iran

Iran’s construction industry is characterized by strong demand for housing, infrastructure development and modernization as well as industrial expansion. With recession started in Iran`s economy in recent years, housing has been affected too and with expected growth of Iran`s economy, it is estimated that the housing industry will start to grow again. Expansion of the […]

Economic Policy of Iran

The economic policy of current president and his team focuses on the long-term economic development. Despite disruptive and sudden decisions of former president, current team’s process of decision making tends to make market calm and far from excited movements. Meanwhile, as economy of Iran suffers from stagflation, it seems the first priority of government is […]