Sell
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Iran Fara Bourse Sells 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…
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Gov’t Starts Selling 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…
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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…
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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…
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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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Iran Gov’t Sells $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…
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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…
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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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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…
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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…
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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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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…