FINANCIAL NEWS

Oman, Iran agree to invest jointly in mining industry

28 Jul 2016

(MENAFN) Oman and Iran have revealed recently great interest in cooperating as they have great potentials to further grow joint collaboration in the mining sector.

In accordance, both nations intend to launch joint schemes and exchange knowledge, and they realize the number of opportunities waiting ahead especially after removing the sanctions.

Moreover, mutual projects have already been created like the Omani Gate Investment Delta that sells products of Iran’s Gol-Gohar Mining firm such as iron ore concentrate.

Furthermore, the extensive nuclear deal between Iran and the six powers would has opened wide doors of lucrative endeavors which would render the Republic as a mega economic power.

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