Iran to build "Formula 1 Circuit" on Qeshm Island
Iran plans to build a "Formula 1 circuit" on Qeshm Island, south of Iran. Mahmoud Seydanlou, the head of...
Construction
Italian firm ANAS carrying out Iranian road study
An Italian-Iranian road study agreement has now been signed. The Italian state-controlled road concession firm ANAS has a cooperation agreement...
Iran to lure 20 million visitors a year to generate $30 billion
Iran has earned at least $6.1 billion from tourism during the past year and Tehran is considering the development of...
Indian cabinet approves $150 million credit line for Iran port construction
The union cabinet on Wednesday approved the provision and operationalization of a $150 million EXIM Bank credit line for developing...
Jordan expands medical services with two new hospitals
Progress on two new medical facilities, located in Irbid and Amman, could add much-needed capacity to Jordan’s health sector as...
Iran Khodro launches pickup truck assembly in Iraq
Iran Khodro has inaugurated an assembly line for its Arisan brand of pickup trucks in Iskandariya, Iraq in a ceremony...
Daimler Trucks face Chinese competition in Iran after Africa
Germany’s Daimler AG, seeking to retake its position as one of the leading truck-makers in Iran, is bracing for competition...
Qatar plans 1,000 MW of solar power via joint venture
Qatar plans to build around 1,000 megawatts of solar power generating capacity to diversify its energy mix away from hydrocarbons,...
New ski center planned in north of Lebanon at a cost of $36 million
A touristic project is underway in the North, from Sir-Dinniyeh to Bqaasifrin, extending over 70,000 square meters (m2) at a...
$50 million new road projects in Lebanon
The Council of Ministers has approved two road projects financed by loans from the Islamic Development Bank (IDB), for a...
The resource of credible, industry-specific updates