Production from the oil layer of South Pars, the giant gas field shared between Iran and Qatar in the Persian Gulf, has exceeded 1 million barrels in less than two months, managing director of…
Deputy Roads and Urban Development Minister Asgahr Fakhrieh-Kashan said Iran Air has signed a contract with ATR to purchase 20 short-haul passenger jets.
During the Tehran Auto Show that was held last week several manufacturers showed their latest models to the large number of visitors wanting to offload their locally-produced Peugeots and Prides.…
The Russian planemaker Sukhoi Civil Aircraft Company is trying to obtain a license from the US Treasury Department’s Office of Foreign Assets Control to sell its Super Jet 100 aircraft to Iran,…
Railroads, environment and water and sewage are top priorities of the budget for the next fiscal year (March 2017-18), as 100 trillion rials ($2.6 billion) have been earmarked for the development…
The Iranian government's activities make up 60% of Iran's economy and amount to $251 billion (10 quadrillion rials converted at market exchange rate) of a $393 billion economy, the next year's…