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Afghan troops kill 56 militants

AFGHANISTAN

Afghan troops kill 56 militants

Afghan forces kill 56 militants, including ISIL-linked elements, in their latest military operations in Afghanistan.

Iran oil to hit 4.7 million bpd ‘soon’

ENERGY

Iran oil to hit 4.7 million bpd ‘soon’

Minister of Petroleum Bijan Zangeneh says Iran will raise its oil recovery to 4.7 million barrels per day “in the near future” and unveil its new Iran Petroleum Contract (IPC) in the month of Shahrivar which begins on Aug. 23.

'Gold rush' begins for Iran business

ECONOMY

'Gold rush' begins for Iran business

European companies see a huge potential for business in Iran and some of them have already marked out their target markets, waiting for a nod to move in.