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News | Housing | Iran

NSTH Secures Urban-Planning Permit for Kish Development

Sahmino Newsroom | 25 October 2026 | 18 days ago

NSTHup3.0%10,670rials11 November

Tehran Renovation and Construction, traded as NSTH, said in a group A filing published Sunday 25 October 2026 that an urban-planning permit for a parcel of its Kish development was issued in the company's name after arrangements over the permit fee and instalment payments were settled. The filing describes an offset against company receivables, a cash component and cheques for the remaining instalments. The permit prepares the ground for development; it does not announce completion of construction or sales.

Reference:CodalThe original report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Since this story was published, NSTH rose 22 percent, to 10,670 rial.

Over the same days, US Dollar fell 2.0 percent, to 2,640,700 rial.

Over the same days, Tehran Stock Exchange Index rose 5.1 percent, to 8,427,304.

Over the same days, Brent Crude fell 21 percent, to 92.00 dollars.

NSTH
+21.8%
US Dollar
−2.0%
Tehran Stock Exchange Index
+5.1%
Brent Crude
−21.2%

Prices to the close of 11 November

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