Belgians to build Tabriz power plant as Iran looks for $30bn for energy sector

Tabriz power plant: A Belgian company has won the contract to build a $700m, 600MW combined cycle…

Rio Tinto awards Jacobs Engineering $5.3bn Oyu Tolgoi mining contract

Rio Tinto has awarded Jacobs Engineering the main contract to build the $5.3bn Oyu Tolgoi underground…

China’s CNTIC to invest €1.7bn in Iranian Mehran petrochemical plant

 Mehran petrochemical plant: CNTIC  –  the China National Technical Import & Export Corporation – this week agreed…

Chinese consortium to build Bangladeshi coal-fired power plant

Bangladeshi coal-fired power plant: Bangladesh yesterday signed an engineering, procurement and construction (EPC) contract with a consortium of…

India set to beat China to $1.6bn Bangladesh power plant project

Bangladesh power plant: Indian’s state-run  Bharat Heavy Electricals (BHEL) looks set to secure the contract to build…

Qatargas in $15bn Pakistan LNG deal

Pakistan LNG: The   Qatar Liquefied Gas Company (Qatargas) yesterday clinched a contract to supply Pakistan with 3.75m…

India and Russia close to five S-400 anti-aircraft systems deal

India is close to buying at least five S-400 anti-aircraft systems from Russia for $2.5bn  as part…

Japan on track to build first bullet train for India in $14.6bn deal

Bullet train for India: Japan is this week expected to be formally granted the rights to…

Russia agrees to sell Iran S-300 surface-to-air missiles

Russia has signed a contract to supply Iran with sophisticated S-300 surface-to-air missiles following the lifting…

Egypt eyes up Russia’s Mistral helicopter carriers

Egypt may end up buying the two Mistral helicopter carriers that were originally destined for Russia,…

Rosatom to build floating nuclear power plants in Indonesia

Rosatom Overseas has won a contract to build a series of floating nuclear power plants in Indonesia, the…

Algeria orders 14 Sukhoi fighter jets

Russia and Algeria have signed a contract for the sale of 14 Russian-made Sukhoi fighter jets,…

Russia poised to sell S-300 anti-aircraft system to Iran

Russia and Iran will sign an agreement for the delivery of advanced Russian-built S-300 anti-aircraft missile…

Korean Exim bank set to dominate Eastern Economic Forum

Around $70bn worth of contracts and MoUs covering 200 projects – many involving South Korea –…

UAC picks up new $1.5bn Su-35 contract at MAKS 2015

Russia’s United Aircraft Corporation (UAC), expects to sign a $1.5bn deal with the country’s Ministry of  Defence…

Beijing postpones Russian – Chinese gas contract indefinitely

Russian-Chinese gas contract: China’s  state-run CNPC gas giant has indefinitely postponed plans  to buy  Russian gas from Gazprom that was…

Russia partners with Ambani to build frigates for Indian navy

Russia has chosen to partner with Indian  business magnate, investor and philanthropist Anil Ambani’s  Pipavav Defence…

Turkey offered stakes in $10bn Iranian transport infrastructure program

Iranian transport infrastructure program: Iran is looking to Turkey’s construction industry  to help it with its $10bn initiative…

Russia ready to sell Almaz-2500 anti-aircraft missile systems to Iran

Russia could be ready to sell its  Almaz-2500 anti-aircraft missile systems to Iran after it emerged that  Tehran was…

Russia and China close to signing $20bn Moscow-Kazan railway contract at SPIEF

Moscow-Kazan railway: Russia and China are expected to sign an agreement for the construction of the high-speed rail…

Trans-Baikal signs 49-year agricultural land lease deal with Chinese investors

Authorities in Russia’s Trans-Baikal region in eastern Siberia have granted China’s Zoje Resources Investment and  its…

France offers Russia €785m for breakdown of Mistral deal

Mistral deal: France is reported to have signalled to Moscow that it is prepared to return Russia around…

India to build 197 Kamov helicopters

India’s Defence Ministry  has approved the purchase of 197 Kamov helicopters  as part of its fleet renewal…

USC commissions Huawei to manage comms infrastructure

Russia’s United Shipbuilding Corporation USC has commissioned the Chinese multinational networking and telecommunications equipment and services company…