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ECONOMY

Iran’s largest investment holding goes public

Iran’s largest investment holding Shasta pockets over $0.4 billion in IPO.

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ECONOMY

Iran’s telecom thrills European investors

Two leading European companies are set to buy stakes in Iran’s biggest cellular operator, Mobile Telecommunication Company (MCI), its head Vahid Sadouqi says.

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ECONOMY

Russia billionaire interested in Iran business

Russian billionaire Mikhail Prokhorov’s Renaissance Capital is interested in business in Iran and has already started scoping out opportunities in the country.

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ECONOMY

Tehran bourse loses $3.5 billion in a month

Iran’s main bourse lost $3.5 billion in the month of Khordad that ended on June 21 as a lingering recession took its toll on major businesses, the daily Hamshahri reported on Tuesday.

Iran