The 36% block of shares of Pars National Agro-industry and Animal Husbandry Company will be offered by the Iranian Privatization Organization (IPO) in the stock exchange.

Tehran Stock Exchange

Electronic platform for registration and issuance of licenses of the Iranian Privatization Organization (IPO) to create transparency and optimal monitoring of the processes of this organization's licenses for companies and buyers and controlling the compliance of the measures taken with the specifications of the issued licenses, started working from July 22, 2020, via the web address www.eps.ipo.ir.

The Director-General of the Iranian Privatization Organization (IPO) announced: Necessary measures to form the Exchange-Traded Fund (ETF) called "Oil Refining Industries" consisting of companies including Tabriz Oil Refining, Bandar Abbas Oil Refining, Isfahan Oil Refining, and Tehran Oil Refining are being completed by the Petroleum Ministry and hopefully this fund will be formed through initial public offering by the Mid-August.

Tehran Stock Exchange

The head of SEO persisting that no decision has been made to stop ETF, declared: ETF is still stable

The Privatization Organization PR - Speaking in a Cabinet session on Wednesday, President Hassan Rouhani said, "The stock market must continue on its strong path and we are all responsible for protecting people's capital well”.

At the meeting of the government's economic board, the president called the management of the capital market and the increase in initial public offering a principled and precise measure to stabilise, develop and prosper the country's financial and economic markets.

Under the law on Implementation of General Policies of Article 44 of the constitution, resolution of the divestiture board, and other relevant laws and regulations, a 16.41% block of shares of Tabriz Oil Refining Company (TZORC) will be offered by the Iranian Privatization Organization (IPO) on the stock exchange.

At the 142nd session of the 12th Government’s Economic Coordination Headquarters was chaired by the President on Tuesday, in which the members received a report on the details of releasing Justice Shares, and discussed the plan to encourage and allocate export currency, remove e-government barriers and create jobs during coronavirus outbreak.