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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.

Hot Mix Asphalt Plant Established in Qazvin

14 March 2018 - 22:42
A hot mix asphalt production plant has been established in Qazvin Province’s Alamut region, Managing Director of Qazvin Roads and Urban Development Organization Masoud Haqlotfi said.

China Steps Up Rail Cooperation With Iran

10 March 2018 - 22:30
In line with its ambitious railroad expansion plans stipulated in Iran's Sixth Five-Year Development Plan (2017-22), the Iranian government is strengthening its cooperation with China.

Plans to Commission KSC to Produce Rail

9 January 2018 - 23:41
The government is planning to commission Khouzestan Steel Company to produce rails, a member of Majlis Development Commission, Eghbal Mohammadian.
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