The Iranian president says the Tehran Stock Exchange has increased people’s contribution to the country's economy.
President Hassan Rouhani on Tuesday called on the High Stock Exchange Council as well as the Securities and Exchange Organization to offer the necessary support to “make this secure atmosphere all the more promising for people and make this market move full steam ahead.”
“Freeing up Justice Shares was a major move made on the back of years of effort by the government,” said the president in a Cabinet meeting held to coordinate economic activities.
Justice shares where bonds that government offered to people years ago, but remained under the government control. Recently, people were authorized to take control of their shares and trade them on the stock exchange.
“Now, people own shares whose ownership was not transparent before, and which people would not be able to trade,” he added.
He said the stock exchange is flourishing with people’s well-managed contribution at a time when the nation is gripped by the coronavirus.
The president urged the High Stock Exchange Council as well as the Ministry of Finance and Economic Affairs to give fresh impetus to trade in real estate shares and bonds.
Aid items donated by millions of Iranians within a national campaign, have reached the beseiged…
Iran's Deputy Foreign Minister Majid Takht Ravanchi has said Iran and Saudi Arabia are committed…
Behrouz Kamalvandi, the spokesperson for the Atomic Energy Organization of Iran (AEOI), says the organization…
Hundreds of people gathered in Tehran on Friday morning in front of the United Nations…
An international law expert and analyst has revealed the U.S. plans to impose punitive measures…
Iran’s Minister of Science, Research, and Technology, Hossein Simayee Saraf, addressed on Thursday academic migration…