Middle East Economic Survey


No 21



Iranian Government Passes Bylaw To Attract Foreign Investors To TSE

The Iranian government on 18 April ratified a new bylaw on the regulations governing foreign investments in exchanges and over the counter (OTC) markets, in a bid to attract foreign investors to the Tehran Stock Exchange (TSE). Trading on the TSE has risen sharply in the past year or so, with the TEPIX 1 index closing at 14,155 on 19 May, up by 49.5% from 9,471 on 1...