IFB Outlines Priorities

Developing the negotiated market, which saw its first listing last week, is a priority of the Iran Fara Bourse (IFB), Mohammad Ali Shirazi, the CEO said.

"Establishing the Startup Market to list knowledge-based and innovative companies, planning for the development of public joint-stock company projects, and activating the Third Market, are other priorities," Shirazi said.

According to the Iranian Capital Market News Agency (SANA), the annual general assembly for the fiscal year that ended on March 22 was held on Wednesday. Shareholders approved the financial statements and agreed to a dividend of 50 rials per share equivalent to 17% of the distributable profit.