The 6th International Exhibition of Exchange, Banking, Insurance and Privatization (Kish Invex 2019) opened in the Southern Iranian Persian Gulf Island of Kish.
260 Iranian firms as well as over economic and diplomatic delegations from 15 countries are taking part in the event.
The exhibition focuses on attracting domestic and foreign investments and exploring avenues to reach economic prosperity under the current international circumstances.
More than 300 trade meetings between participants, presentation of over 20 lectures from various countries in specialized panels and high-level meetings are among other programs of the exhibition.
Kish Invex seeks to introduce capabilities of Iranian and foreign financial institutions; to present Iran’s achievements in capital and insurance markets; to introduce modern banking and insurance services; and to enhance the competition capacities of monetary and capital markets of regional countries.
TEDPIX, the main index of Tehran Stock Exchange (TSE), went up 8,464 points to 1.621 million on Saturday, IRNA reported.
Secretary of Iranian Free Zones High Council Morteza Bank said on Saturday that eight new free trade zones (FTZ) are going to be established across the country, ILNA 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.
In recent years, due to the government funding constraints and financial pressures, Iranian private companies have taken on the mantle of developing the country’s power plants including both large-scale thermal plants and small-scale renewable ones.
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.