Iran Approves Zarandieh Special Economic Zone Plan, Names a Vangin Affiliate as Operator
Sahmino Newsroom | 31 October 2026 | 11 days ago
Iran's Negin Iranian Financial and Economic Group said in a Codal disclosure on Saturday, October 31, 2026 that the cabinet resolution dated October 25, 2026 approving the Zarandieh Special Economic Zone master plan had been communicated. Its affiliate, Sarzamin Iranian Tourism Development, may manage the zone as the responsible organisation under applicable law; the group holds a direct 27.94 percent interest in the Sarzamin Iranian project. The company said issuance of property deeds depends on project progress, completion and legal formalities, rather than being an accomplished step. After coordination with a Farabourse specialist, it reclassified the earlier Group A disclosure as Group B.
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Over the same days, US Dollar fell 3.9 percent, to 2,599,000 rial.
Over the same days, Tehran Stock Exchange Index rose 6.6 percent, to 8,357,840.
Over the same days, Brent Crude fell 19 percent, to 92.00 dollars.
- US Dollar
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- Tehran Stock Exchange Index
- +6.6%
- Brent Crude
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Prices to the close of 10 November
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