By: Ramy Sameeh
Muscat - Mubasher: Tehran Stock Exchange is seeking to attract 12 initial public offerings for new companies annually after international sanctions against Iran had been lifted, according to CEO Hassan Ghalibaf Asl.
“Iran's capital markets became more open now and we will work hard for listing more companies in the coming years, especially after lifting sanctions." the CEO said in an interview with Mubasher.
Ghalibaf said that last week there was a new listing for a local company in petrochemical sector and more share offerings are in the pipeline.
The official also confirmed that Tehran bourse has regulations for listing foreign companies that will be equally treated with local ones. He added that any company needs to list its shares should be registered first at the market regulator and then it can be listed in bourse.
The detailed interview will be available on the next edition of Mubasher Magazine.
