UAE-Iran Joint Economic Commission Convenes for First Time in 10 Years
DUBAI, April 30 (Reuters) - A rare United Arab Emirates-Iran joint economic commission will convene in Abu Dhabi from Tuesday to Wednesday, the Iranian Labour News Agency reported, as Tehran seeks to bolster economic ties with the Persian...
North Koreans Discuss Trade on Rare Visit to Iran
DUBAI, April 29 (Reuters) - A North Korean delegation attended an Iranian expo in Tehran last week and discussed bilateral trade with Iranian government officials and the private sector, Iranian Foreign Ministry spokesperson Nasser Kanaani said on Monday.
North Korea and Iran have...
ANALYSIS: Islamic Republic Is Illicitly Trading Oil, Gas Via Malaysia, UAE
By Kayhan Life Staff
The Islamic Republic of Iran has encountered significant challenges because of strict sanctions imposed by the international community. These sanctions were primarily a response to Iran’s nuclear program and its alleged...
Unit of Thailand’s SCG Pays $20 Mln to US to Settle Iran Sanctions Case
April 19 (Reuters) - A unit of Thai company SCG Chemicals PCL IPO-SCGC.BK has agreed to pay $20 million to the United States to settle potential civil liability for violations of U.S. sanctions on Iran, the Treasury...
ANALYSIS: Oil Traders Sanguine About Risks From Israel-Iran Conflict
By John Kemp
LONDON, April 18 (Reuters) - Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise.
Like major industrial accidents, extreme...
Halkbank Urges Immunity From US Prosecution in Iran Sanctions Case
By Jonathan Stempel
NEW YORK, Feb 28 (Reuters) - Turkey's Halkbank HALKB.IS drew skepticism from a U.S. appeals court panel on Wednesday, as the state-owned lender renewed its push to escape U.S. criminal charges that it helped Iran evade American sanctions.
Arguing...
Iraq’s Central Bank Revokes Iran’s Bank Melli Operating Licence
By Timour Azhari
BAGHDAD, Feb 8 (Reuters) - The Central Bank of Iraq (CBI) has revoked the operating licence of Iran's largest bank, Bank Melli Iran, citing international sanctions and the bank's limited operations in Iraq, a CBI document...
ANALYSIS: After Currency Devaluation, Iran’s Economic Outlook Is Bleak
By Roshanak Astaraki
The Iranian foreign exchange (forex or FX) market experienced one of its most volatile periods in the last week of January, with a dramatic devaluation of the Iranian rial.
On Jan. 23, the...
US Targets Iranian, Hezbollah Financial Network, Treasury Dept Says
WASHINGTON, Jan 31 (Reuters) - The United States on Wednesday imposed sanctions on three entities and one individual in Lebanon and Turkey for "providing critical financial support" to a financial network used by Iran's Quds Force and...
Erdogan, Eyeing More Trade With Iran, Says Turkey Weighing Opening New Border Crossings
ANKARA, Jan 25 (Reuters) - Turkey is considering opening new border crossings with eastern neighbour Iran, President Tayyip Erdogan said late on Wednesday after talks with his Iranian counterpart, as they seek to revive sagging economic relations.
https://youtu.be/d_mIGxixCbo?si=aI5ZnbG0H41ntL8Y
Erdogan, speaking...
