EghtesadOnline: Tehran stock market's turbocharged rally in recent weeks had many up on their feet and cheering for what seemed like a healthy growth compared to other parallel inflated markets.
EghtesadOnline: The Securities and Exchange Organization has given the go-ahead to Iran Fara Bourse to increase its capital by 300 billion rials ($7.14 million), according to an official SEO statement released on Wednesday.
EghtesadOnline: The Iranian Parliament decided on Saturday that companies with losses exceeding half of their capital will be exempt from taxation on capital increase through revaluation of fixed assets.
EghtesadOnline: Based on the decisions approved and finalized as part of the annual general shareholders’ meeting of Middle East Bank held on Nov. 1, the lender will have a capital increase of approximately 1 trillion rials ($23.8 million), the private bank has announced.
EghtesadOnline: Deutsche Bank AG said it will raise 8 billion euros ($8.6 billion) from a capital increase starting this week as the lender seeks to shore up its finances and boost growth.