Investment, security to top agenda during Saudi Crown Prince India visit

:: Saudi Crown Prince Mohammed bin Salman is set to arrive in India on Tuesday as part of his Asian tour, which kick started in Pakistan and will end in China at More »

Public Prosecution to handle customs probes in Saudi Arabia

:: King Salman on Tuesday issued a royal decree to transfer investigations and prosecutions of customs cases to the Public Prosecution, instead of the General Customs Authority, within a period not exceeding More »

King Salman receives officials from anti-corruption agencies

:: Senior officials from different government monitoring and anti-corruption agencies called on King Salman at his palace in Riyadh on Monday. The king stressed the need for fighting graft and the importance More »

Port paves way for ‘new era of economic affluence’ in Saudi Arabia

:: Crown Prince Mohammed bin Salman (center) at the launch of the King Abdullah Port on Monday. King Abdullah Port, the fastest-growing container port in the world, is considered a major success More »

Saudi anti-corruption crackdown recovers $106 billion in assets

:: Saudi investigators have recovered assets worth more than $106 billion in an anti-corruption crackdown ordered by Crown Prince Mohammed bin Salman, the royal court said on Wednesday. The funds are in More »

 

Tag Archives: IRAN SANCTIONS

Iran facing the toughest economic situation in 40 years: Rouhani

:: Iran’s president said on Wednesday the country was facing its toughest economic situation in 40 years, and the United States, not the government, was to blame. US President Donald Trump last year pulled out of an international nuclear deal

Iraq’s pro-Iranian militias threaten to break Iran’s blockade

:: Following the United States’ sanctions going into effect against the Islamic Republic on Tuesday, Iraq’s pro-Iranian militias threatened to break Iran’s blockade at all cost. In a statement, Kata’ib Sayyid al-Shuhada, an Iraqi Shiite militia, said that work is

Turkey: We are not bound by US sanctions on Iran

:: Turkish Foreign Minister Mevlut Cavusoglu said on Tuesday that his country has informed US officials that it opposes US sanctions against Iran and that they were not obliged to implement them. “We have told them we will not join

Iranian President Rouhani leaves for Europe visit

:: Iranian President Hassan Rouhani left Monday for a visit to Europe billed as of “prime importance” after the US pulled out of the 2015 nuclear deal between Tehran and world powers. Rouhani was headed for Switzerland and scheduled to

Canadian-Iranian sentenced to prison for conspiring to export military gear

:: A Canadian-Iranian man was sentenced Friday to 32 months in prison for violating US sanctions against Iran. Between 2014 and 2016, Ali Soofi, 63, “conspired to export military items from the United States to Iran, both directly and through

UAE jails Iranian over international sanctions breach

:: A United Arab Emirates appeals court has upheld a 10-year jail sentence against an Iranian convicted of breaching international sanctions against Tehran, state media reported on Tuesday. The State Security Court upheld the man’s conviction on charges of “sharing

Iran parliament increases missile funds ‘to confront terrorist US’

:: Iran’s parliament voted Sunday to allocate $520 million to develop its missile program to fight Washington’s “adventurism” and sanctions, and to boost the foreign operations of the country’s Revolutionary Guards. “The Americans should know that this was our first

US puts new sanctions on Iran over ballistic missile program

:: The United States slapped new economic sanctions against Iran on Tuesday over its ballistic missile program and said Tehran’s “malign activities” in the Middle East undercut any “positive contributions” coming from the 2015 Iran nuclear accord. The measures signaled

US slaps 18 Iranian individuals, groups with sanctions over missiles program

:: The Trump administration on Tuesday unveiled new economic sanctions against Iran over its ballistic missile program and for contributing to regional tensions, one day after warning Tehran that it was not following the spirit of its nuclear agreement with

Defiant Iran in missile exercise after sanctions

Iran is to deploy missiles for a Revolutionary Guards exercise Saturday in a show of defiance a day after the United States imposed sanctions over a ballistic missile test launch last weekend. The Guards’ Sepahnews website said the manoeuvres were

Iran-born Turkish trader seeks $50 mln bail in US sanctions case

A lawyer for a wealthy Iranian-born Turkish gold trader accused of conspiring to violate U.S. sanctions against Iran urged a U.S. judge on Thursday to release his client from jail on a $50 million bond and to place him under

Iran aims to hurt the U.S. by dumping the dollar

Dr. Majid Rafizadeh

By : Dr. Majid Rafizadeh Tehran has declared that it is moving away from the U.S. dollar in trade, and welcomes using other currencies instead. According to Iran’s official news agency Shana, Safar-Ali Karamati, deputy director of international affairs for

Iran’s new best friends

Dr. Majid Rafizadeh

By : Dr. Majid Rafizadeh Iranian President Hassan Rowhani has been on a shopping spree in Europe to reap benefits from business deals worth billions of dollars. The red carpet was rolled out for him, and he was invited to

Canada lifts Iran sanctions

Ottawa announced Friday the lifting of economic sanctions against Tehran, which will allow Canadian firms access to Iran after a deal on its nuclear program recently came into force. Canada, however, will maintain restrictions on exports of nuclear goods and

Why Turkey and Iran are two odd allies

Dr. Majid Rafizadeh

By : Dr. Majid Rafizadeh The Turkish-Iranian relationship seems to have become more complicated in the recent months. In addition, the lifting of sanctions on Iran appears to mark a new era between Istanbul and Tehran. On the surface, tensions

Mega-deals flow as Rowhani begins Europe trip

Italy and Iran signed billions of dollars of business deals on Monday at the start of a visit to Europe by Iranian President Hassan Rowhani aimed at rebuilding his nation’s ties with the West after years of economic sanctions. Heading

Whither the Middle East after the Iran nuclear deal

Hisham Melhem

By : Hisham Melhem Those of us wordsmiths writing, thinking , wondering and obsessing about things Middle Eastern have a new phrase to ponder; ‘Implementation day’. On January 16, 2016 you could hear many people saying: rejoice, the day we

An undecided Tehran is bad for Iran

Mohamed Chebarro

By : Mohamed Chebarro With Iran taking a major step toward normalizing its relations with the world, Tehran’s leadership has to decide, in the interest of its people, culture and economy, whether it is a state or a revolutionary entity.

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