Launch of the licensing platform of the Iranian Privatization Organization

Launch of the licensing platform of the Iranian Privatization Organization

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 offering of the second Exchange-Traded fund (ETF) in August

The offering of the second Exchange-Traded fund (ETF) in August

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.

ETF is still stable

ETF is still stable

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

All public departments required to offer their shares in stock market
President at cabinet’s economic board:

All public departments required to offer their shares in stock market

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.

Offering of a 16.41 percent block of shares of Tabriz Oil Refining Co.

Offering of a 16.41 percent block of shares of Tabriz Oil Refining Co.

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.