In reverse water gas shift (RWGS) reaction CO2 is converted to CO which in turn can be used to produce beneficial chemicals such as methanol. In the present study, Mo/Al2O3, Fe/Al2O3 and Fe-Mo/Al2O3 catalysts were synthesised using impregnation method. The structures of catalysts were studied using X-ray diffraction (XRD), Brunauer-Emmett-Teller (BET) method, inductively coupled plasma atomic emission spectrometer (ICP-AES), temperature programmed reduction (H-2-TPR), CO chemisorption, energy dispersive X-ray (EDX) and scanning electron microscopy (SEM) techniques. Kinetic properties of all catalysts were investigated in a batch reactor for RWGS reaction. The results indicated that Mo existence in structure of Fe-Mo/Al2O3 catalyst enhances its activity as compared to Fe/Al2O3. This enhancement is probably due to better Fe dispersion and smaller particle size of Fe species. Stability test of Fe-Mo/Al2O3 catalyst was carried out in a fixed bed reactor and a high CO yield for 60 h of time on stream was demonstrated. Fe-2(MoO4)(3) phase was found in the structures of fresh and used catalysts. TPR results also indicate that Fe-2(MoO4)(3) phase has low reducibility, therefore the Fe-2(MoO4)(3) phase significantly inhibits the reduction of the remaining Fe oxides in the catalyst, resulted in high stability of Fe-Mo/Al2O3 catalyst. Overall, this study introduces Fe-Mo/Al2O3 as a novel catalyst with high CO yield, almost no by-products and fairly stable for RWGS reaction.