Turquoise taps Iran’s potential
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
CAPITAL MARKETS

Turquoise taps Iran’s potential

Turquoise Partners’ insights into the Iranian stock market have yielded impressive returns for its two funds. Sudip Roy reports.

Ramin Rabii,Turquoise

"Iran is one of the most attractive countries in the world in terms of its long-term potential"

Ramin Rabii, Turquoise

AS THE PROVIDER of the only opportunity for foreign investors to participate in the Tehran Stock Exchange not via a state-owned company, Turquoise Partners has a unique insight into Iran’s financial fortunes. "Iran is one of the most attractive countries in the world in terms of its long-term potential," says Ramin Rabii, managing director of the firm, which is a boutique investment bank specializing in the Middle Eastern country. He highlights three areas in particular. The first is the country’s demographic profile. With 70% of the population aged under 30 there is tremendous scope for a consumer boom in the next five to 10 years. Then there are the country’s natural resources. Iran is the world’s second-biggest producer of oil and gas. In addition, it is a big producer of zinc, copper and iron ore. "Iran has about 1% of the world’s population and land mass but 7% of the natural resources," says Rabii. The other attraction is the level of literacy and education.

Gift this article