Iran is the world's 17th most populous nation in the world and second largest population of the region(MENA) after Egypt, with an estimated 80 million people in July 2014.
About 65% of the population is under 30 years old, and literacy among 15- to 24-year-olds is 98%.
Iran has one of the highest urban growth rates in the world. From 1950 to 2002, the urban proportion of the population increased from 27% to 60%. The United Nations predicts that by 2030, 80% of the population will be urban, this continues change caused a continuing rising middle class population which have been changed their consumption patterns.
Iran is the leading Middle Eastern scientific power, ranking as the world’s 17th biggest producer of scientific papers, above Turkey and Israel.
Its elite universities, particularly Sharif University of Technology (Iran’s MIT) and University of Tehran (Iran’s Harvard), have produced some of the most competent engineers and scientists in the world, most notably Maryam Mirzakhani, who became the first woman to win the “Nobel Prize” of mathematics.
More than 4 million person are studying in universities in Iran and universities churn out almost 750,000 skilled graduates annually.
Iran is 18th largest economy in the world and ranked as an upper-middle income economy by the World Bank With Gross Domestic Product (GDP) of US$D 406.3 billion in 2014 and second largest economy in the Middle East and North Africa (MENA) region after Saudi Arabia.
The economy of Iran is a mixed and transition economy with a large public sector. Some 60% of the economy is centrally planned. But according to the International Monetary Fund, Iran is a "transition economy, changing from a planned to a market economy.
Iran with having fourth-largest proven oil reserves and second-largest natural gas reserves is considered as a energy super power.
It is really diversified economy and broad industrial base with over 40 industries directly involved in the Tehran stock Exchange makes it unique in region , industries such as oil, petrochemicals, auto-manufacturing, transportation, construction materials, home appliances, food and agricultural goods, pharmaceuticals and information technology.
• Opening a trading account
In order to invest in Iran stock market, foreign individual and institutional investors need to personally present at any branches of iranian brokerages and open a trading account and also obtain an foreign trading license and trading code from SEO.
But if you want to work with NOVIN Investment Bank Group, all you need is opening a trading account with NOVIN Investment Bank Group, individual and institutional investors have to present their passports as well as signed and filled in required forms in all novin branches or any iranian embassy/consulate in your country of residence, all other part of process to obtain foreign trading license and trading code will be done with novin group.
For more enquiries do not hesitate to
contact with us
For downloading application forms, please check below links.
Trading license application (natural persons)
Trading license application (legal persons)
Opening account in NOVIN brokerage is free and there is no need for initial deposit.
We are consider bellow mentioned premium services for you at zero-cost
- Obtaining foreign trading license and trading code.
- Providing corporate access for our clients .
- Providing basic financial and economic data which our clients need.
- Maintaining constant contact with clients to keep them informed of changing markets conditions or new regulation which is related to them.
- Helping foreign investors to go through the acquirement process of the FIPPA license.