According to the Public Relations and International Affairs Department of Kish Free Zone Organization, quoted by the Secretariat of the Supreme Council of Free and Special Economic Zones, the full text of this announcement is as follows:

Regarding the issuance of the license of the International Stock Exchange of Free Zones in the meeting dated August 23, 2022, of the Supreme Council of the Stock Exchange and the notification dated October 2, 2022, of the Securities and Exchange Organization and the recent meeting of the initial board of founders, the Secretariat of the Supreme Council of Free Commercial-Industrial and Special Economic Zones intends to complete and increase participation in the founding board.

The initial capital of this stock exchange is expected to be 30 million Euros, and the applicant for participation in the board of founders must have sources/income of foreign currency and only take action from the same place to secure their contribution.

Therefore, it is necessary for the applicants who meet the above conditions to declare their official readiness and request to participate as founders, to send a written request no later than December 10, 2022, to the executive management of the establishment of the International Exchange of Free Zones, the Secretariat of the Supreme Council of Commercial-Industrial and Special Economic Free Zones

Should you require further information, please contact +98 21 88771062 and +98 21 75207541.

PR & Int'l Affairs Department- KFZO