Economy

Over 12,000 kilometers of roads, railways under construction

TEHRAN- More than 12,000 kilometers of roads and railways are currently under construction throughout the country, Iran’s Deputy Transport Minister Kheirollah Khademi announced on Tuesday.
‘Investment making a necessity for railway sector’

TEHRAN- Managing Director of Islamic Republic of Iran Railways (known as RAI) Saeed Mohammadzadeh said that development in the railway sector of the country is in need of large investment makings, IRNA reported.
Bonds worth $950m sold in 7 months

TEHRAN- Iranian government has sold bonds worth 39.842 trillion rials (about $948.6 million) during the first seven months of the current Iranian calendar year (March 21-October 22), IRIB reported on Tuesday citing the report released by the Central Bank of Iran (CBI).

Falahatian appointed deputy oil minister for planning

TEHRAN- Houshang Falahatian was appointed as Iran’s deputy oil minister for planning, Shana news agency reported on Tuesday.
Next year’s budget bill to be submitted to parliament as soon as possible

TEHRAN- Deputy head of Iran’s Budget and Planning Organization told reporters on Tuesday that the prepared budget bill for the next Iranian calendar year (starting March 21, 2019) will be submitted to the parliament as soon as possible, IRIB reported.
Iran seeks to preserve water, increase agricultural production

Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and Agriculture Ministry have vowed to increase agricultural production by 2.2 kilograms per square meter of water used in cultivation by 2026.
Bonds worth $950m sold in 7 months

TEHRAN- Iranian government has sold bonds worth 39.842 trillion rials (about $948.6 million) during the first seven months of the current Iranian calendar year (March 21-October 22), IRIB reported on Tuesday citing the report released by the Central Bank of Iran (CBI).
‘Investment making a necessity for railway sector’

TEHRAN- Managing Director of Islamic Republic of Iran Railways (known as RAI) Saeed Mohammadzadeh said that development in the railway sector of the country is in need of large investment makings, IRNA reported.
Over 12,000 kilometers of roads, railways under construction

TEHRAN- More than 12,000 kilometers of roads and railways are currently under construction throughout the country, Iran’s Deputy Transport Minister Kheirollah Khademi announced on Tuesday.
New oil, gas fields discovered in Iran in past 2 years

TEHRAN – The director of National Iranian Oil Company (NIOC)'s Discovery Department said new oil and gas fields have been discovered in the country during the past two years, IRNA reported on Tuesday.
Tehran hosting 29th ECO Regional Planning Council meeting

TEHRAN - The 29th meeting of Regional Planning Council (RPC) of Economic Cooperation Organization (ECO) kicked off on Monday at the ECO secretariat in Tehran.
Liquidity almost at $403b in a month

TEHRAN- Iran’s liquidity stood at 16.93 quadrillion rials (about $403 billion) during the seventh month of the present Iranian calendar year, Mehr (September 23- October 22, 2018), according to a report released by the Central Bank of Iran (CBI).
IRANIMEX 2018 running in Kish Island

TEHRAN- Iran’s 20th International Maritime and Offshore Technologies Exhibition (IRANIMEX 2018) kicked off in Kish Island in south of the country on Monday, Ports and Maritime Organization (PMO) announced.