Tag Archives | Iran Mercantile Exchange

IFC signs Data Vending Agreement with Greek Firm

By John Lee. The Iran Financial Center (IFC) has reportedly signed a data vendor agreement with Greece’s Inforex S.A.. Under the deal, the IFC will provide Inforex with data about Iranian companies listed on the exchanges for a period of two years, while Inforex will commit to offer them to the foreigners interested in making […]

Iran Mercantile Exchange plans Branch in Iraq

By John Lee. The Iran Mercantile Exchange (IME) has set up a taskforce to “strengthen and deepen” its relationship with Iraq. Among the areas being considered are free economic zones on both sides, simplification of customs regulations, and the use of modern financial instruments like Certificate of Depositary Receipt based on warehousing systems to be […]

IME resumes Cement Export Trade

Cement offerings for export have reportedly resumed at the Iran Mercantile Exchange (IME). Isfahan Cement Company initiated the offering with 2000 tonnes of cement on Saturday, 1000 tonnes of which were traded on cash payment, according to Cemnet. IRNA also quotes IME head Hamed Soltaninejad as saying: “We intend to expand our export markets for […]

Sanctions Relief has not kick-started Iran’s Industry

By Arash Karami, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Why sanctions relief has not been enough to kick-start Iran’s industry A cursory review of changes in the volume of untreated steel, base metals and petrochemical products traded on the Iran Mercantile Exchange reveals […]