Iran Fara Bourse Sell s Gov’t Stake in Shiraz Oil Refinery

EghtesadOnline: The Iranian Privatization Organization sold a block of shares of Shiraz Oil Refining Company on Iran Fara Bourse, the over-the-counter stock market. The IPO move was made on behalf of the National Iranian Oil Refining and Distribution Company.

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Publish Date:12/February/2020 | 10:48

Iran Gov’t to Sell $360m Sukuk Bonds

EghtesadOnline: The Ministry of Economy plans to sell Manfa’at Sukuk bonds worth 47 trillion rials ($361 million) on January 25 as part of financial measures to compensate budgetary needs in current fiscal year that ends in March.

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Publish Date:25/January/2020 | 24:56

Iran Gov’t Forecast to Sell Property Worth $3b Farfetched

EghtesadOnline: The government says it expects to earn 400 trillion rials ($3 billion) in the next fiscal year that begins on March 20 -- a prediction many experts say is unrealistic at best.

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Publish Date:07/January/2020 | 13:04

ETFs to Help Gov’t Sell Shares

EghtesadOnline: In the budget bill for the next fiscal year (March 2020-21) the government can divest its stake in state-run companies via exchange-traded funds.

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Publish Date:11/December/2019 | 10:03

Gov’t Will Sell Stakes in Oil Firms to Settle Debts

EghtesadOnline: The government is planning to repay its debts to private companies by selling its stakes in state-controlled petrochemical and refinery companies, according to a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture.

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Publish Date:28/October/2019 | 24:53

Gov’t Starts Sell ing Energy-Efficient ACs

EghtesadOnline: To stabilize power supply and avoid outages in the southern regions in summer, the Energy Ministry has started replacing one million old air conditioning systems with energy efficient machines, the ministry’s spokesman for the power department said.

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Publish Date:10/February/2020 | 24:43

Banks Sell Surplus Property, Generate $1 Billion

EghtesadOnline: Banks and credit institutions have sold property and non-financial assets worth 150 trillion rials ($1.1 billion) since the beginning of current fiscal year in March 2019, said an official with the Economy Ministry.

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Publish Date:11/January/2020 | 24:33

Iran Gov’t Sell s $400m in Bonds

EghtesadOnline: The government sold 53 trillion rials ($400 million) worth of Manfa’at Sukuk bonds on Wednesday via Iran Fara Bourse, over-the-counter market for trading securities, to meet budgetary needs.

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Publish Date:05/January/2020 | 06:04

Iran Gov’t to Sell Stakes in Six Refineries

EghtesadOnline: The government’s remaining stakes in six refineries is to be offered via a monolithic exchange-traded fund, according to a decision by an ad hoc committee in charge of divesting government property.

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Publish Date:21/December/2019 | 24:09

Gov’t to Sell $3.3b in Bonds to Plug Budget Deficit

EghtesadOnline: The Ministry of Economy will issue Islamic financial securities worth 380 trillion rials ($3.3 billion) to partly compensate the budget deficit for the current fiscal year (March 2019-20).

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Publish Date:23/September/2019 | 13:18

Tehran Stocks Fall Amid Sell -Off Rush

EghtesadOnline: The main gauge of Tehran Stock Exchange shed more than 3,800 points on Tuesday amid investors’ rush to sell shares to save profits.

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Publish Date:18/September/2019 | 24:11

Iran Currency Market: Rial Firms as Forex Power Diminishes

EghtesadOnline: F oreign exchange rates are of the declining order in the final days of November thanks to a stronger presence of the Central Bank of Iran in the market and optimism that Iran will continue to sell its oil despite earlier speculations.

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Publish Date:26/November/2018 | 24:07