Middle East Economic Survey

VOL. LIII

No 29

19-Jul-2010

IRAN

Iranian Government Sells 18 % Of Iran Khodro

The Iranian Government has sold an 18% stake in the state-owned Iran Khodro, the biggest car manufacturing company in the Middle East, according to a recent statement on the Tehran Stock Exchange (TSE) website. The statement said that, in compliance with the governments privatization scheme, 1,134mn shares (18%) were offered on 28 June by the Iran Privatization Organization on the TSE for a...