Middle East Economic Survey

VOL. XLVIII

No 16

18-April-2005

IRAN

Another Round Of Iran Privatization Under Way

The Deputy Head ofIrans Privatization Organization, Mahdi Aghdai, has said that the shares of 12 major industrial state entities worth $630mn are being offered for sale on the Tehran Stock Market (TSE) over the period 11-20 April. This is the first major privatization in the new Iranian year which started on 21 March. Last year the governments drive to sell state assets attracted only a...