Iran Privatization Organization has released new information about the block sale of controlling shares in Tehran's two main football clubs, Esteghlal and Persepolis.
Privatization in Iran
After publishing the names of 20 state-owned companies for divestment, the Iranian Privatization Organization concurred that these companies face countless challenges in the divestment process…
Minister of Industries, Mining and Trade Reza Fatemi-Amin said the privatization of SAIPA and Iran Khodro (IKCO) are in the final stage.
Ten percent of shares held by the government in Tehran's two main football clubs, Esteghlal and Persepolis, will be sold via the Iran Fara Bourse (IFB) on March 6, head of the Iran Privatization…
As the budget deficit expands, the Economy Ministry has asked the government to divest a part of its stakes in seven companies. According to a press release published on the Cabinet…
The government in Iran neither wants to see any part of its powers function outside its purview, nor delegate it to the private sector. This explains why challenges facing the Iranian private…
The Ministry of Sports and Youth Affairs has completed the requirements for the long-awaited offering of Tehran's two major football clubs, Esteghlal and Persepolis, on Iran Fara Bourse, says…
Following years of judicial and legal wrangling over the process leading to the privatization of Haft Tappeh Sugarcane Agro-Industry Company, supervisory bodies reversed the controversial…
Successful privatizations across the world show they started a gradual process of handing over small firms and industries from state hands to private entities and then expanding to large-cap…
Privatization of Tehran's two top football clubs, Esteghlal and Persepolis, will be finalized by the end of December, the Minister of Sports and Youth Affairs Masoud Soltanifar was quoted as…
The government will maintain the policy of selling its shares in state-owned companies via the bourse. Addressing economic and bank officials at a Cabinet meeting on Tuesday, President Hassan…
The government has so far sold 970.89 trillion rials ($3.3 billion) in sukuk to shore up its finances in the current fiscal year (March 2019-20).
The government divested shares worth 272 trillion rials ($1.2 billion) in 16 state-owned companies in one year ending August 2019, the Iranian Privatization Organization said a report.…
The long-delayed plan to privatize Esteghlal and Perspolis, Iran's two top football clubs, seems to be in the final stages. Stocks of the two clubs are to be offered on the Iran Fara Bourse soon…
The government will launch one of its biggest schemes to divest banks’ non-financial assets in the coming week, a deputy minister of economy said. The divestiture is related to non-…
The government will unveil a plan this week for the divestiture of state-owned companies in the stock market, the economy minister said. Speaking on a state radio program, Farhad…
The Iranian government will institute fundamental changes in the existing procedures regarding privatization. It’s nearly 28 years since the first privatization sale in Iran’s economy. …
The remaining government shares in three companies will be offered on the stock market during the current Persian month to July 22, according to an official with the Iran Privatization…
How can Iran’s economy make big inroads into sports industry when 70% of people are merely speculators and give physical activity a wide berth? This was a question participants of a meeting…
Iranian Privatization Organization divested more than 21 trillion rials ($136.36 million) worth of government shares and assets through the stock market, negotiations and tenders during the…
Iranian Privatization Organization is scheduled to stage the biggest privatization bid of the current fiscal year (March 2018-19) on July 31, IPO's deputy head, Zohreh Alipour, said.
The…
Iran Privatization Organization has sold 1.02 trillion rials ($24.4 million) worth of state-owned assets via tenders so far this fiscal year (started March 21).
The third month of the current fiscal year (May 22-June 21) will witness 19 government-owned assets worth more than $109 million put up for sale both via capital market and tenders. The sales…
Strengthening the private sector role in bolstering the economy and implementing divestiture laws has been a major focus of President Hassan Rouhani’s administration, but the privatization…
Iranian Privatization Organization plans to transfer the shares of 12 public companies to the private sector on April 17, the organization’s website announced.