Market News – In an attempt to bypass the effect of US sanctions, the central bank of Iran is to launch its very first Iranian national cryptocurrency by the end of September 2018. This the first official response that CBI made with regards to the issue which will make the bed further development of Iranian […]
Market News – In order to tame the unleashed growth of real estate market which led to unreasonable prices in Iran housing sector, the cabinet members are to ratify a directive, using tax leverages, to maintain the situation and force landlords to empower the supply side. The urban and housing ministry seeks the following goals […]
Market News – According to Iran’s Statistics centre data, the monthly point to point inflation rate of the Iranian economy (Jun-Jul 2018) reached 13.8% and broke its single digit pattern of recent years. The inflation rate of Tir month (Jun-Jul 2018) also hiked to 4.4% which showed a meteoric rise contrary to other months. The average quarterly inflation […]
Market News – Privatization Organization of Iran announced that in a bill offered to the parliament it is suggested that Justice shares should be freed and tradable on Iran Capital Market in from on an ETF. This idea would eventually lead to the elimination of provincial investment companies. – A member of Majlis economy commission told that in line with supporting Iranian […]
Market News – In the unofficial news, it seems that the Iranian Parliament is firm to pass the FATF related amendments after all. Rumours have that subsequent to the reforms made by the guardian council, the parliament has passed today the amendment with 11% more votes “Ay” on this controversial directive. – In a study carried out by the […]
Market News – In an attempt to direct the unleashed money supply of the Iranian society towards production and reasonable markets, the Ministry of economic affairs comes with three major incentives for Iran Capital Market in order to make that attractive again in the eyes of investors: Fees on stock transfers as well as rights will be reduced to […]
In our last article about Iran’s SME market, we approached the matter with a hint of introduction and generalities. Now, we are going to depict a clearer picture of all the practicalities one needs to know before entering the market. In Iran’s SME market, which is a part of Iran Fara Bourse, companies shall acquire […]
Market News – In an attempt to cover Iran from the US JCPoA pullout, the EU is to give Iran access to an EUR 80 bn worth of credit through EIB entity. EIB is a specialized risk management entity which backs the European small to medium-sized enterprises (SMEs). The knowledge enterprises and small businesses of Iran (Iran […]
Market News – In a gathering with Iranian and foreign economic practitioners and representatives, Iran secretary of state announced three economic commitments made by the EU to Iran keeping the JCPoA achievements intact: Crude sales at will stay at the current level; Transportation barriers, as agreed on JCPoA, will stay removed; and The banking transactions will be intact […]
Market News – Isfahan Steel Company, listed on Iran Fara Bourse with ZOBZ ticker, is to finance its working capital needs via Sukuk Salam securities to be issued on Iran debt market. This issue will be carried out by the end of 1397 (2018/19) and worth IRR 3,000 bn (USD 70 mn). Moreover, the company is to clear a […]
