- In a seminar hosting more than 100 foreign investors from England, Germany, etc. held in Muscat, the CEO of TSE explained the requirements to invest in Iran’s capital market and called the country’s debt market of a high growth potential. Referring to the Oil Products, Banking and Metals sectors as the three major sectors of the market, he called liquidity as one of the challenges with which regional markets are grappling with and compared TSE’s liquidity with other emerging markets in the Middle East. He also announced that the market cap, with its low P/E ratio, has demonstrated an ascending tend within the last 10 years. Pointing out to the role of foreign investment in increasing the market’s liquidity and trades, he added that Iran’s capital market will host large foreign investment funds and pension funds in the near future. Regarding foreign investors’ concerns, he stated that financial reports will be published in English and in line with international standard, respecting the rules of corporate governance.
- Having been freed of sanctions, Iran seems to be now considered as a safe haven for foreign investors. Having prohibited the purchase of Iranian Government bonds since 2014, Norway has recently put an end to such restrictions. Being encouraged by the 20% return, Norwegian authorities have expressed interest in Iranian government bonds which can be quite alluring.