Market News
Being an exclusive event for global leaders in the exchange sector, on 12 November, the Mondo Visione Exchange Forum is about to host a delegation of senior stock market managers from the Middle East to discuss investment opportunities in the Iranian market. Tehran Stock Exchange CEO Hasan Qalibaf Asl, Dubai Stock Exchange CEO Gaurang Desai, Istanbul Stock Exchange Derivatives Manager Muammer Cakir, and Iran Farabourse CEO Amir Hamooni will attend the event and speak. Mondo Visione Managing Director Herbie Skeete has stated that investment opportunities are increasing in the Middle East; as a result, this forum will focus on the growing interest as well as potential in the Tehran and Istanbul capital markets. Mr Skeete stated that the Iranian capital market post-sanctions will face competition from the UAE, Kuwait and Bahrain in attracting foreign investment and improving transaction processes. He also emphasized the strong presence of the Istanbul capital market as a result of Turkey’s ambitions to become the region’s financial hub.