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Iran Plans 20-Year Contracts as Incentive for Energy Investments

Iran will pay foreign oil companies larger fees than it did under previous buy-back contracts to attract $100 billion of investments needed to rebuild its energy industry.

The Persian Gulf state, once OPEC’s second-largest crude producer, will also offer 20-year contracts on oil and natural gas projects, Roknoddin

Dubai Property Seen too Expensive to Get Iran Sanctions Bounce

Dubai homes are 4.4 times more expensive for Iranians using local currency than they were five years ago, meaning a lifting of sanctions against the Islamic republic would have little short-term effect on the emirate’s slumping real estate market, according to Phidar Advisory.

“This is simply a

AP Interview: Iran Preparing for ‘Tsunami’ of Tourists

TEHRAN, Iran — Iran’s vice president told The Associated Press on Sunday his country is preparing for a “tsunami” of foreign tourists as Iran and world powers are set to begin implementing a landmark nuclear deal that will lift sanctions in return for curbs on Iran’s nuclear program.

Masoud