Latest News

Domino effect of foreign shareholders leaving Iran

2025.01.15, 14:44
Domino effect of foreign shareholders leaving Iran

Following investors from Saudi Arabia and the UAE, this time the European shareholders of Digikala have decided to withdraw from Iran.

Gunaz.tv

This was reported by the local Iranian press.

The European investment company IIIC, which owns about 33% of Digikala's shares, will soon leave Iran. Earlier, it was announced that the Saudi Arabian company Savola would sell all its assets in Iran for $ 188 million and leave Iran.

Then word spread that the Emirati company Majid Al Futtaim, an investor in the Hyperstar chain of stores, is also planning to leave Iran.

Some analysts believe that the tense political climate, sharp exchange rate fluctuations, high inflation, and economic downturn have harmed the security of investment and business in Iran, significantly reducing the attractiveness of the Iranian market to foreign investors.

Others believe that the sudden departure of foreign investors from Iran foreshadows significant events in the country.

Keywords :

Similar News

Selected News

Most Read