EghtesadOnline: The Export-Import Bank of China (EXIM) signs a $1.5 billion deal to finance the electrification of a high-speed rail line between the Iranian cities of Tehran and Mashhad.

EghtesadOnline: The Islamic Republic of Iran Railways signed a €1.2 billion deal with its Italian counterpart late Tuesday for establishing a high-speed railroad between the Iranian cities of Qom and Arak.