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Italy’s Fata inks $543 million Iran power deal

ENERGY

Italy’s Fata inks $543 million Iran power deal

Italy’s Fata, the engineering unit of the country’s leading group Finmeccanica, has signed a 500 million euro ($543 million) contract with Ghadir Investment Company to build a power plant in Iran.

"Cameron vandalizing democracy"

POLITICS

"Cameron vandalizing democracy"

Tory's plans to appoint more supporting peers to House of Lords. This has sparked outrage in opposition camp saying it is against democratic principles.

Fitch review sees Iran agribusiness grow

ECONOMY

Fitch review sees Iran agribusiness grow

An agribusiness review of Iran by a research center, part of Fitch Group, has offered an upbeat assessment of the country’s agriculture sector.

India pushes for $2.6 billion Iran smelter

ECONOMY

India pushes for $2.6 billion Iran smelter

Iranian and Indian officials will reportedly meet next week to discuss plans for construction of an aluminum smelter and a captive power plant in Iran in a project worth about $2.6 billion.