Financial Tribune - The outbreak of Covid-19 in Iran since mid-February has saddled Tehran Metro Company with a massive loss of 2 trillion rials ($11.2 million), the head of the company said. Speaking at a press conference on Sunday, Farnoush Nobakht added that in the past three months, the company has incurred a huge loss due to the adverse ...

Financial Tribune - After the official launch of two new stations in Tehran Metros Line 7 early this week, urban managers assured the citizens of swift progress in the expansion of Tehran subway network. Speaking at the inauguration ceremony on Monday, Tehran Mayor Pirouz Hanachi said by the end of the current Iranian year (March 2020), a major ...

MNA The first pre-phase of Tehran Metro Line 6, considered as one of the longest subway routes in the region, was inaugurated on Sun. in the presence of President Hassan Rouhani and a number ofCity Council members. The phase one comprises 9 kilometers of the southern part of Tehran Metro Line 6, which includes three stations of Shohada Square, ...

Bloomberg | Golnar Motevalli: A construction group owned by Irans Revolutionary Guards will develop 250 kilometers (155 miles) of metro rail in cities across Iran. The chief of the Guards Khatam al-Anbia Construction Headquarters unit, Saeed Mohammad, announced the plan Saturday at the launch of one section of the project -- a 4.5 trillion rial ...

Financial Tribune- Twenty-two kilometers of Metro Line 7 (70% of the total line to be constructed) was officially inaugurated on Saturday on the birth anniversary of Imam Hassan (AS), the second Shia Imam. Line 7 is the deepest among the metro lines in the city and has the longest tunnel. The line has intersections at all the six other subway lines,...

TEHRAN (Tasnim) Four people were killed and seven others sustained serious injuries after two metro tunnels collapsed in Tehran, the head of Irans Emergency Medical Services said. Pir Hossein Kolivand told the Tasnim news agency that 4 people lost their lives and 6 others wounded after a metro tunnel that was under construction collapsed in Kianshahr ...

Tehran, Nov 25, IRNA Tehran Metro has been successful in gaining access to the second position in terms of development of under-construction metro lines. Simultaneously with Tehran Metro Companys record breaking in drilling operation and building tunnels and stations in six projects, four intra-city and two satellite lines in a length of 200 km, ...

By Reuters Oct 15 (Reuters) - Iran is hopeful its allyChinawill fund up to $2 billion to complete Tehran's metro rail which faces delays due to lack of financing as a result of sanctions, a government official said on Monday. Phase two of the metro is on track for completion next year but two new lines under the third phase may be delayed due ...