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Iran, Oman Eye Military Medicine Cooperation

Military officials from Iran and Oman met in Tehran to discuss the ways to launch cooperation between the Armed Forces of the two sides in the medical sphere. A delegation from the medical department of Sultan of Oman’s Armed Forces, chaired by Colonel Dr. Ali bin Salem al-Harethi, held a meeting with the Islamic Revolution […]

Westminster Group seeks Solution to Remain in Iran

By John Lee. UK-based supplier of managed services and technology-based security solutions has said it is seeking a solution that would allow it to remain in the Iranian market. In a statement to the markets on Tuesday, Westminster Group said: “On the 10 May 2018 the Company announced that its major long term managed services contract […]

Report: Iran Increases Cyber Attacks on Germany

By John Lee. A report from the German intelligence agency is said to show that Iran has increase hack attacks on German computer systems. According to Reuters, the BfV report said numbers of cyber attacks thought to have originated in Iran had been rising since 2014, with a sharp increase last year. German Interior Minister […]

Iran, Pakistan eye Joint Production of Military Equipment

Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri, who is on an official visit to neighboring Pakistan, said Tehran and Islamabad are making efforts to jointly manufacture military equipment. In remarks released after a meeting with Pakistani President Mamnoon Hussain in Islamabad on Tuesday, Major General Baqeri said during his […]

US Sanctions Mahan Air Service Provider

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Mahan Travel and Tourism Sdn Bhd, a Malaysia-based General Sales Agent (GSA), for acting for or on behalf of Mahan Air, an Iranian airline previously designated in connection with Iran’s support for international terrorism. GSAs such as Mahan Travel and Tourism […]

Video: Is Trump on Relentless Quest to Corner Iran?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Oil production, prices and politics require a delicate balance. Donald Trump is urging oil producing countries except Iran to boost output. He hopes that will keep prices low – and motorists happy with […]

FATF Gives Iran until October to Complete ‘Reforms’

The Financial Action Task Force (FATF) said Iran had until October to complete reforms that would “bring it into line with global norms or face consequences” that could further deter investors from the country. “The FATF is disappointed with Iran’s failure to implement its action plan to address its significant AML/CFT deficiencies,” the organization said […]

Trump says No Sanctions Exemption for EU Firms

US President Donald Trump warned European companies that they would face secondary sanctions if they violated US restrictions on doing business with Tehran following Washington’s move to pull out of the Iran nuclear deal. The US president said on Sunday that he would not exempt European companies from Iran-related sanctions, suggesting that EU demands for […]

Video: Anti-Govt Protesters Injured in Khuzestan

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iranian state media says a number of people have been wounded during two days of clashes between police and protesters across the southeastern region of Khuzestan. Eleven people were hurt after unknown gunmen […]

Second Day of Protests in Iran

From Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Rouhani under fire amid second day of protests in Iran As the unofficial exchange rate in Iran hit a record 90,000 rials to the dollar June 24, a second day of protests erupted in Iran. On […]

Arrest of Human Rights Lawyer “an Outrage”

From Amnesty International. Arrest of prominent human rights lawyer Nasrin Sotoudeh is an outrage The arrest of Nasrin Sotoudeh, a prominent Iranian human rights lawyer, is an outrageous attack on a brave and prolific human rights defender, Amnesty International said today. Nasrin Sotoudeh was arrested at her home in Tehran this morning and transferred to […]

Protecting EU companies in Iran

Following up on the informal Leaders’ Meeting in Sofia, as well as the Commission’s announcements of 18 May, the European Commission has adopted an update of the Blocking Statute and of the European Investment Bank (EIB)‘s External Lending Mandate. These measures are meant to help protecting the interests of EU companies investing in Iran and to demonstrate the EU’s […]

Video: Will Iran-US Tensions threaten Iraq’s Stability?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. It’s been three weeks since the parliamentary election in Iraq and many Iraqis voted for a nationalist party opposed to foreign interference. But both Riyadh and Washington want an Iraq that is sympathetic […]

US, Iran “Face Off” in Former Extremist-Held Iraqi Town

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Locals in Al Qaim, Anbar, worry that the current stable security situation can’t last. It’s being upheld by US troops and Iran-allied militias, whose antipathy toward one another is […]

Iran to Boost Uranium Enrichment Capacity

Iran to Boost Uranium Enrichment Capacity Following Leader’s Order: AEOI Spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi said the organization is starting a process to boost the country’s capacity to enrich uranium following an order by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei. Kamalvandi told ISNA news agency on […]