The International Exhibition of Stones, Mining, Machinery and Related Industries will be held in Tehran’s International Fairground on July 18-21, 2016.
Representatives of more than 170 domestic companies as well as 60 international firms from Italy, Germany, Turkey, the Netherlands, Spain, Portugal, Russia, South Korea and China have signed up for the event, which covers four categories of exploration, exploitation, processing and exports. Economic delegations from China, Pakistan, Russia, Italy, Turkey and Afghanistan are also scheduled to visit the exhibition and hold business-to-business meetings with their counterparts. The exhibition has been organized with the aim of finding new markets for Iranian minerals, promoting exports and development of the domestic manufacturing sector, Mehr News Agency reported.
TEDPIX, the main index of Tehran Stock Exchange (TSE), has risen 190,000 points during the past Iranian calendar week (ended on Friday), IRNA reported.
Leader of the Islamic Revolution Seyed Ali Khamenei has agreed with a plan for offering special tax exemptions and incentives to the companies that are accepted to the stock market in the current Iranian calendar year, IRNA reported.
The amount of liquidity absorbed by Iran’s capital market has reached 500 trillion rials (about $12 billion) during the first quarter of the current Iranian calendar year (March 20-June 20), the head of Iran’s Securities and Exchange Organization (SEO) announced.
Iran’s deputy finance and economic affairs minister said that offering of shares through the country’s second exchange-traded fund (ETF) will be started during the current Iranian calendar month (June 21-July 21).
TEDPIX, the main index of Tehran Stock Exchange (TSE), has climbed 28.77 percent in the past Iranian calendar month (April 21-June 20) from its preceding month, IRIB reported.
IFX, the main index of Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB), rose 28 percent in the third Iranian calendar month of Khordad (May 21-June 20), IRNA reported.