nuclear sanctions

In Iran, Dividends of Nuclear Deal Are Slow To Appear

By Samia Nakhoul and Richard Mably TEHRAN, May 24 – Hopes that Iran would quickly reintegrate with world markets after its nuclear deal, bringing investment and opportunities to a young population, are turning to frustration. An opaque business environment in Iran and political uncertainty in the United States are to blame. Tehran’s hotels are buzzing

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Missiles, Not Talks, Key to Iran’s Future: Khamenei

DUBAI, March 30  – Iran’s top leader on Wednesday said missiles were key to the Islamic Republic’s future, offering support to the hardline Revolutionary Guards that have drawn criticism from the West for testing ballistic missiles. Supreme Leader Ayatollah Ali Khamenei supported last year’s nuclear deal with world powers but has since called for Iran

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Iranians Exasperated As U.S. Sanctions Frustrate Deal Making

By Tom Arnold and Jonathan Saul DUBAI/LONDON, March 23 – More than two months after international nuclear sanctions on Iran were supposed to have ended, frustration is deepening that few trade deals are going through as foreign banks shy away from processing transactions with the country. Iranian hopes of rapidly ending the country’s economic isolation

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Iran Revolutionary Guards Conduct Ballistic Missile Test

DUBAI, March 8 (Reuters) – Iran test-fired several ballistic missiles from silos across the country on Tuesday, the official website of the Islamic Revolutionary Guards Corps (IRGC) said, defying recent U.S. sanctions on its missile program. The test was intended “to show Iran’s deterrent power and also the Islamic Republic’s ability to confront any threat

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Iran Says European Banks Reluctant to Resume Transactions

By Bozorgmehr Sharafedin DUBAI, March 6 – Iran complained on Saturday that European banks and companies were too wary about renewing business ties following the lifting of economic sanctions and said it had asked the International Monetary Fund (IMF) to ease their concerns. In January, world powers led by the United States and the European

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Australia Softens Sanctions Against Iran

SYDNEY, March 2 – Australia followed major world powers by lifting sanctions on Iran on Wednesday, after confirmation from the United Nations that Tehran had taken steps required to curb its disputed nuclear program. Under changes announced by the Australian government, businesses will no longer need to seek approval for transactions of more than A$20,000

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Tehran Targets Foreign Investors

Iran’s first roadshow after sanctions promises abundant investments By Leila Hatoum MUSCAT Feb 29 Iran is targeting over $100 billion in foreign investments after being isolated from the global market for nearly a decade due to international economic sanctions for its nuclear program, Iranian officials told Newsweek Middle East. During its first roadshow since the

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Iran’s Pragmatic Rouhani Cheers Election Wins, Says Gov’t Stronger

By Samia Nakhoul TEHRAN, Feb 28  – Iranian President Hassan Rouhani earned an emphatic vote of confidence and reformist partners secured surprise gains in parliament in early results from elections that could accelerate the Islamic Republic’s emergence from years of isolation. While gains by moderates and reformists in Friday’s polls were most evident in the

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Iranian Banks Reconnected to Global Payments Network

DUBAI, Feb 17 – Global transaction network SWIFT has reconnected a number of Iranian banks to its system, allowing them to resume cross-border transactions with foreign banks after the lifting of sanctions on Tehran, a SWIFT official said. Iranian banks were disconnected from Belgium-based SWIFT, the Society for Worldwide Interbank Financial Telecommunication, in March 2012

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Iran Sees Israeli Lobby Behind U.S. Visa Waiver Changes

By Sam Wilkin DUBAI, Dec 21 – Iran’s foreign ministry said on Monday that Israeli lobbying was behind a new measure passed by the U.S. Congress that will prevent visa-free travel to the United States for people who have visited Iran or hold Iranian nationality. The measure, which President Barack Obama signed into law on

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