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 […]

Market News – After the recent policy to unify the USD/IRR rate at 42,000 on Iran economy, there were massive misuses of this subsidize rate by importers. Reports show that several violations of law happened since then where importers sell their subsidized goods at USD/IRR free market rate. Now the administration is to stand against these rents and […]

Market News – The guardian council of Iran rejects the amendment of anti-money laundering act which includes FATF considerations. This body has announced the act is in contradictory with Iran’s constitution and shall be offered via Judiciary body and not the parliament. – Aiming to directing liquidity towards Iran Stock Market in a best practice manner, the Head of the Securities […]

Market News – Following the recent policies about making a secondary market for exporters to provide their FX revenues on a fair market price to importers, yesterday, the first trade of said kind was carried out Iran FX Secondary Market at USD/IRR rate of 75,230. Royal Exchange House was the buyer of 10,000 AED (USD/AED 3.67) at AED/IRR 20,500 […]

Market News – Following the wild fluctuations in the forex market since late last year and its sky-high jump in early April, the government unified this rate putting the official USD/IRR at 42,000; it then, obliged the offering of foreign currency from exporting oil plus minerals, steel and petrochemical products (which account for 80% of non-oil […]