Press TV - Irans state railway company and its Italian counterpart have signed a deal worth 1.2 billion euros ($1.3 billion) to build a high-speed rail line between Iranian cities of Arak and Qom. Renato Mazzoncini, CEO of Ferrovie dello Stato (FS), and head of the Islamic Republic of Iran Railways Saeed Mohammadzadeh oversaw the signing of ...

Financial Tribune- Irans national rail company, the Islamic Republic of Iran Railways, will sign a 1.2 billion deal with its Italian counterpart on July 11 to build a high-speed railroad between the cities of Qom and Arak. The agreement will be signed during the visit of Renato Mazzoncini, CEO of Italys state railroad company Ferrovie dello Stato ...