EghtesadOnline: As projected in the draft budget bill for the fiscal 2020-21, the Iranian government has permitted municipalities to issue sukuk (Islamic bonds) to the tune of 50 trillion rials ($357 million) for expanding urban public transportation.

EghtesadOnline: Tehran's urban transportation infrastructure is in dire need of expansion to meet growing demand, chairman of Tehran City Council said.

EghtesadOnline: The new round of traffic rule waiver in the capital city of Tehran has failed to curb the jostling crowd in the subway, contrary to expectations, Tehran Metro’s CEO said.

EghtesadOnline: The Iranian government has provided Tehran Municipality with 10 trillion rials ($78.7 million) to boost urban transportation development in the megacity of Tehran.

EghtesadOnline: Tehran Municipality has announced that revenues earned from traffic and air pollution schemes underway in the capital city of Tehran are being spent on expanding the city's urban transportation system.