Iran, Austria ink 2bn euro deals for cooperation

Iranian and Austrian private sectors will work on seven contracts, worth two billion euros,dealing with a number of agricultural and development projects. Member of the Board of Representatives of Tehran Chamber of Commerce, Industries, Mines and Agriculture Hamid-Reza Salehi said the projects will also cover railway transportation, auto spare part…

900 m euro steel contracts signed with Italy

Managing Director of Isfahan Mobarakeh Steel Company Bahram Sobhani said that during the visit of President Hassan Rouhani to Europe, three development projects with the value of 900 million euro were signed with Italian firms. He told reporters that development projects in affiliated companies of the Mobarakeh Steel Group were…

Petroleum ministry plans to attract $200bn investment

A senior official with the Ministry of Petroleum says that the ministry plans to attract $200 billion capital for investment in its projects. Speaking on the sidelines of the 12th International Energy Exhibition, titled KISH ENEX 2016, Afkham Zarvani said that the sum will be obtained in five years out…