I attended the Iran Capital Market Conference organized by the Securities and Exchange Organization of Iran. It took place on Kish Island, a luxury island 19 km from the continent. The Shah wanted it to give the image of a booming and international Iran. Judging from the construction, Kish Island could be the next Miami, including skyscrapers, palm trees, palaces and beaches.
One of the most interesting elements of this Iranian capital markets conference was the presence of the Indian, Indonesian, German, British and Belgian institutions. Also, the Turkish and the South Korean ambassadors were there to represent their countries. Read More