FINANCIAL NEWS

Oman, Iran plan to invest heavily in mining industry

15 Dec 2015

(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.

Both nations intend to launch joint schemes and exchange knowledge, and they realize the number of opportunities waiting ahead upon removing the sanctions.

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 terminate all nuclear-related sanctions imposed on Iran once it comes into force.

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