News Categories

Railway projects worth $142m inaugurated across Iran

9 February 2020 - 15:54
Head of Islamic Republic of Iran Railways (known as RAI) said 56 railway infrastructure and service projects were inaugurated across the country on Sunday, on the occasion of the “Ten-Day Dawn” which marks the 41st anniversary of the Islamic Revolution in 1979.

Envoy: Iran Progressing in Developing Smart Cities

7 December 2019 - 17:51
Iran is taking long strides in developing smart cities with strengthening infrastructures, the country’s Ambassador to Romania Morteza Abutalebi said.

Minister: Iran to Reconstruct Syria's Ravaged Water, Sewage Infrastructures

5 December 2019 - 16:17
Iranian Energy Minister Reza Ardakanian announced that Tehran and Damascus will sign a Memorandum of Understanding (MoU) which paves the ground for Iran's cooperation with Syria in reconstruction of its water and sewage infrastructures destroyed during war.

Portside weakness drags down PBF premiums

14 November 2019 - 19:27
Seaborne floating premiums for PB fines have halved since early October, pressured lower by weakness in China's portside markets.

Iran seeks to renovate Afghanistan’s war-ravaged infrastructure

23 August 2019 - 01:14
After Iraq, Iran is setting eyes on reconstructing Afghanistan’s war-ravaged infrastructure. Iran’s shuttle diplomacy is active now. Iranian and Afghani delegations are meeting quite regularly to coordinate efforts.

Iran to Further Solidify Economic Infrastructures against Foreign Plots

28 July 2019 - 22:16
Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August, in a bid to strengthen its economic system in the face of foreign interventions.

Iran Railroad Expansion: Accomplishments, Grand Plans

18 April 2018 - 17:13
In the last few years, Iran has demonstrated its strong political will to reemerge as a regional transportation hub.

Narrowing Budget Deficit Ups Development Spending by 70%

11 April 2018 - 00:29
Iran's government spent 316.3 trillion rials ($5.27 billion) on development projects in the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), 70.1% more than the similar period of the year before.

$41m in Securities Sold to Finance Iran's Rail Project

20 March 2018 - 09:59
The Economy Ministry sold 2 trillion rials ($41.6 million) of Islamic bonds on Iran Fara Bourse on Sunday to finance the establishment of a railroad connecting three major cities.

Chinese Company to Supply 630 Cars for Tehran Subway

14 March 2018 - 22:45
China Railway Rolling Stock Corporation Changchun Railway Company (CRRC CRC) and Tehran Wagon Company have won the tender to build and supply 630 cars for Tehran’s Subway on Wednesday.
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