Tags: Iran
Time to embrace the Internet, Iran president says
Iran should embrace the Internet rather than see it as a threat, President Hassan Rouhani has said, in remarks that challenge hardliners who have stepped up measures to censor the Web.
BP inks $16 billion tight gas project deal in Oman
Reuters said in its report that Britain's BP PLC has closed a $16 billion deal to develop Oman's Khazzan tight gas project. Construction of the tight gas project is expected to begin next year, while first gas is expected in late 2017.
EU lifts ban on tankers transporting Iranian crude
Following a nuclear deal reached in Geneva, the European Union has removed the ban on insuring tankers transporting Iranian oil. The EU also agreed to release USD4.2 billion in frozen oil assets and permit Iranian crude exports to continue at its current levels.
Reuters: Iran's Setad controls properties worth more than Iran's oil exports
The Setad, an entity created by the first Ayatollah, now had expanded its business interests to real estate and nearly twelve other Iranian companies both locally and worldwide.
