Archive | Security

Former Central Bank boss denies meeting Zarrab

From Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran’s former Central Bank head Mahmoud Bahmani, reacting to Iranian-Turkish tycoon Reza Zarrab’s recent statements in a US court, says he never met with Zarrab. In his testimony in a New York trial, Zarrab, who was arrested in the […]

Banking Problems between Iran & UK being Removed Gradually

Boris Johnson, the UK foreign secretary, has underlined Iran’s importance in the region and also reiterated his country’s support for maintaining the JCPOA, the 2015 nuclear agreement between Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany). In a Sunday meeting in Tehran with Head of the Atomic Energy Organization of […]

Israeli Tech puts Iranian Startups in Bind

By Bijan Khajehpour, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Israeli tech puts Iranian ride-hailing startups in bind Iran’s recent decision to once again block Waze, a mobile navigation app developed in Israel, has created a great deal of controversy in the country. The […]

Erdogan helped Iran evade US Sanctions, Zarrab claims

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. A trial playing out in New York is being watched carefully in Turkey. That’s where a banker accused of helping to launder money for Iran is from. And wrapping up his testimony on […]

Iran, South Korea in €720m Rail Deal

Iran Rail Industries Development Company (IRICO) and South Korea’s Hyundai Rotem have signed a contract to jointly manufacture diesel rail-cars for public transport in suburban Tehran. The €720-million contract was signed during a ceremony in the Iranian capital, Tehran, attended by Iran’s Minister of Roads and Urban Development Abbas Akhoundi. Hyundai Rotem will produce 150 cars […]

Iran moves to stamp out Corruption in Customs

By Bijan Khajehpour, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran moves to stamp out Corruption Opportunities in Customs Government officials and investors all agree that Iran needs to improve its business climate to attract the needed investment for job creation. One of the phenomena that can […]

Video: Is the Iran Deal set to Unravel?

While the Iran nuclear deal was hailed as a “triumph of diplomacy” by its supporters around the world, US President Donald Trump called it “the worst deal ever”. He recently decided to officially “decertify” the deal formally known as the JCPOA, the Joint Comprehensive Plan of Action, between Iran six world powers and the EU […]

Saudi Reforms put Spotlight on Iran’s Women’s Movement

By Leila Alikarami, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Saudi Arabia attracted significant media attention when it announced that it would finally allow women to drive as of June 2018. It was also announced later that women will be allowed into some of the […]

Turkish-Iranian Gold Trader Pleads Guilty

By John Lee. Prosecutors in the United States have reportedly revealed that a wealthy Turkish-Iranian gold trader has agreed to testify about what is claimed to be a “vast corruption scheme they say reached into the upper levels of the Turkish government.“ Associated Press says that Reza Zarrab (34) is expected to outline how he […]

Why UK-US Divide on Iranian Nuclear Deal Matters

By Kasra Aarabi for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iran Business News.  European powers, most notably Britain, have rebuffed US President Donald Trump’s Oct. 13 refusal to certify that the landmark nuclear agreement with Iran meets congressional requirements. Issuing a joint […]

New US Sanctions over Iran: Full Details

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a network of individuals and entities involved in a large-scale scheme to help Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) counterfeit currency to support its destabilizing activities. This network employed deceptive measures to circumvent European export control restrictions and procured advanced […]

EU Ministers Voice Support for JCPOA

Foreign ministers of the three European parties to the Joint Comprehensive Plan of Action (JCPOA) emphasized the necessity for saving the nuclear agreement between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany). In a meeting before a gathering of the EU Foreign Affairs Council (FAC) meeting in Belgium’s capital of […]

Video: UK’s Foreign Secretary says Sorry for Blunder

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. The UK’s Foreign Secretary has apologised for causing distress to a British citizen jailed in Iran, and her family. Nazanin Zaghari-Ratcliffe is facing charges of spreading propaganda. Boris Johnson has reportedly complicated the […]

Ex-CIA director speaks out Against Iran Deal

By John Lee. The former Central Intelligence Agency (CIA) director James Woolsey (pictured) has said the US should destroy virtually all of the Islamic Revolutionary Guard Corps (IRGC) infrastructure as well as Iran’s nuclear facilities to reduce its terrorist and nuclear threats. He told The Jerusalem Post: “The next time the IRGC looks cross-eyed at […]

Video: EU warns of ‘Dangerous’ Mid-East Escalation

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Europe’s top diplomat Federica Mogherini warns that the mounting tension between Saudi Arabia, Iran and their respective allies and proxies is “extremely dangerous,” which the European Union views as “proof” of the need of […]

The Human Mules Of Iraq, Circumventing Sanctions On Iran

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On the borders of Iraqi Kurdistan, thousands of locals find work carrying contraband goods into Iran. Recently though, the job’s been getting more dangerous thanks to the Kurdish independence referendum. […]

Restrictions on Border with Iraqi Kurdistan to Be Removed

Chief of Staff of the Iranian Armed Forces said on Monday that the country’s border with Iraqi Kurdistan region will reopen in coming days. Speaking to reporters on the sidelines of a local ceremony, Major General Mohammad Hossein Baqeri pointed to the ruling Kurdistan Democratic Party led by Masoud Barzani’s attempts in the Iraqi Kurdistan […]

Boeing-IranAir deal at risk amid claims of IRGC use

By Saeed Jalili, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. US President Donald Trump’s new Iran strategy, including his Oct. 13 refusal to certify that the Joint Comprehensive Plan of Action (JCPOA) meets congressional requirements, will push a contract for 80 passenger jets signed […]