Economy

Over the last week;

Trading over 637 thousand tonnes of Commodities on IME

Tehran (ISNA) - During weekdays ending up to September 17, 2020, while over 637,597 MT of commodities worth over 1,595 million USD were traded on the Iran Mercantile Exchange.
Interesting facts about dates, one of the most valuable export products of Iran

Tehran (ISNA) - The Middle East is a mysterious region and it has undergone so many wars over its abundant natural resources. The distinctive climate of the Middle East blessed the area with variety of special fruits offered in high quality.
Iran to hold forum on boosting trade with Africa

Tehran (ISNA) - The Trade Promotion Organization of Iran is going to hold a forum in early October to weigh plans for boosting Iranian exports to the African nations, an official has announced.
Iran, Azerbaijan to develop infrastructure, rail links

Tehran (ISNA) – Iranian Minister of Roads and Urban Development Ahmad Eslami and Minister of Roads, Communications and Advanced Technologies of the Republic of Azerbaijan Ramin Gholizadeh held a video conference, stressing on the need to further develop infrastructure and rail links in the region.
Bitumen market forecast in next 40 days until US election

Tehran (ISNA) - OPEC basket price fell below 40$ on Thursday, September 10, 2020. For the past two weeks, oil prices have been decreasing. Due to the current global situation and lockdowns, the entire world seeks relative economic stability, especially in fuel and oil markets. According to the information gathered by Infinity Galaxy, the growing trend for fuel demand caused increasing oil supply around the world. All these challenges have decreased prices.
Iran steel export hits 1.7m tons

Tehran (ISNA) - The total exports of Iran's largest steel mills companies, rose up to 1.7 million tons over the past five months of current Iranian year (March 21- August 21).
Over the last week;

Trading more than 464 thousand tonnes of commodities on IME

Tehran (ISNA) - During weekdays ending up to September 3, 2020, more than 464,519 MT of commodities worth over 1,166 million USD were traded on the Iran Mercantile Exchange.
Over August 2020;

Trading over 2.7 million tonnes of various commodities on IME

Tehran (ISNA) - At the end of August 2020, different trading floors of the Iran Mercantile Exchange witnessed trading of more than 2,787,865 tonnes of commodities worth over 5,368 million USD.
Over the last week;

IME witnesses growth in its trading volume, value

Tehran (ISNA) - During weekdays ending up to August 20, 2020, while over 693,030 MT of commodities worth over 1,238 million USD were traded on the Iran Mercantile Exchange, the trading volume and value experienced growth of %12 and %2, respectively.
185000 barrels to be added to Iran’s oil output by implementing 13 new contracts

Tehran (ISNA) - Deputy Director for Development and Engineering Affairs at National Iranian Oil Company (NIOC), Reza Dehghan announced that 185,000 barrels of oil will be added to the current oil production capacity of country by implementing 13 new contracts.
The explanation behind Lira's fall

Tehran (ISNA) – Turkish Lira has been recently hit new historical low. For further discussing this matter, we’d asked professor Hanke for a commentary.
IME witnesses a %58 growth in its metal trading volume

Tehran (ISNA) - During weekdays ending up to August 6, 2020, while over 572,763 MT of commodities worth over 1,190 million USD were traded on the Iran Mercantile Exchange, the trading volume on its metal and mineral trading floor experienced a growth of %58.
Iran’s steel production surpasses 30 million tons

Tehran (ISNA) - Deputy Minister of Industry, Mine and Trade and the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Khodadad Gharibpour announced that during the current year, steel industry for the first time has increased the steel production volume by more than 30 million tons.
Over July 2020;

Trading over 2.6 million tonnes of various commodities on IME

Tehran (ISNA) - At the end of July 2020, different trading floors of the Iran Mercantile Exchange witnessed trading of more than 2,608,406 tonnes of commodities worth over 4,669 million USD.
How is Bitumen Manufactured?

Tehran (ISNA) - The importance of bitumen in our world is growing. Currently, this principal product has more than 250 applications and meets the demands of different industries in terms of waterproofing, sealing, and insulating. More importantly, bitumen is a crucial component of the asphalt in road construction.
Over the last week;

IME witnesses growths in its trading volume, value

Tehran (ISNA) - During weekdays ending up to July 30, 2020, while over 712,569 MT of commodities worth over 1,166 million USD were traded on the Iran Mercantile Exchange, the trading volume and value experienced growths of 74 and 40 percent, respectively.
Oil, bitumen price future

Tehran (ISNA) - Oil, petrochemicals, and bitumen price and costs have been always among the top latest news. As a matter of fact, oil and bitumen have dominated the modern society for many years and are largely supplying energy to many industries. Oil and petrochemical products have also a major role in heating homes, domestic needs, vehicles and airplanes fuel, and other consumptions in the world.
Important notes for Iranians who want to do transactions with Canada

Tehran (ISNA) – Canada has recently declared new measures concerning to FATF High-Risk Jurisdictions subject to a Call for Action in February 2020. According to Canadian authority decision, all transactions originating from or destined to Iran are treated as high-risk. For discussing the details and effects of this decision, we’d asked FINTRAC for commentary.
Iran’s export to Eurasia grows by 63%

Tehran (ISNA) - Iran’s exports to Eurasia have registered a considerable growth despite the coronavirus pandemic.
Iran, Italy to boom economic relations

Tehran (ISNA) - The think tank European House - Ambrosetti in partnership with the Italian Embassy in Tehran and the Tehran’s Chamber of Commerce - hosted today a virtual Business Forum on "Economic relations between Italy and Iran in the current context: non-oil sectors, SMEs’ role, EU support".
Over the second week of July;

Trading over 559 thousand tonnes of Commodities on IME

Tehran (ISNA) - During weekdays ending up to July 16, 2020, over 559,589 MT of commodities worth over 1,119 million USD were traded on the Iran Mercantile Exchange.
Iran Air adds Manchester as their 2nd go-to destination in UK for summer 2020

Tehran (ISNA) - Iran Air Manchester flights will be offered once-weekly on Saturdays. The airline also offers three times a week flights to London, every Tuesday, Thursday and Sunday. Iran Air London flight schedule has changed recently and most days flights are early morning from Tehran to London and around noon from London to Tehran.
Return of international airlines to Iran

Tehran (ISNA) - Deputy Director of Iran Civil Organization for Aviation and International Affairs, Morteza Dehqan announced that international airlines have resumed and increased their flights to Iran.
Professor Hanke's suggestion to make rial a credible currency

Tehran (ISNA) – Iranian rial plumbed new lows against the Dollar in the recent days. For discussing the reasons for this performance and the ways to stabilize the currency market we’d asked professor Hanke for a commentary.
Rosewater, an astonishing substance that people neglect

Tehran (ISNA) - The great properties of rosewater have been underestimated for a while. Most people are not aware of the fact that this liquid can also be used as a skin toner.
Over the last week;

IME witnesses growths in its trading volume, value

Tehran (ISNA) - During weekdays ending up to July 9, 2020, while over 832,078 MT of commodities worth over 1,404 million USD were traded on the Iran Mercantile Exchange, the trading volume and value experienced growths of 30 and 54 percent, respectively.
Over the last days of June;

IME experienced trading of 639 thousand tonnes of various commodities

Tehran (ISNA) - During weekdays ending up to July 2, 2020, more than 639,202 MT of commodities worth over 904 million USD were traded on the Iran Mercantile Exchange.
How oil prices affected by coronavirus in 2020 + Video

Tehran (ISNA) - For the future of oil industry, coronavirus pandemic is a key concern.
Over the fourth week of June;

IME experiences growths in its trading volume, value

Tehran (ISNA) - During weekdays ending up to June 25, 2020, while 870,896 MT of commodities worth over 1,452 million USD were traded on the Iran Mercantile Exchange, the trading volume and value experienced growths of 65 and 95 percent, respectively.
Iran’s cargo ship enters Venezuela’s water

Tehran (ISNA) – Iran’s embassy in Venezuela announced that Iranian ship carrying food supplies entered Venezuelan territorial waters on Sunday and is nearing the port of La Guayra, northern Venezuela.