Tag Archives | United Kingdom

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 […]

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 […]

UK Firm in Iran Healthcare Deal

Oncimmune Holdings plc, a leading early cancer detection company developing and commercialising its proprietary EarlyCDT® platform technology, has announced that it has signed an exclusive agreement for distribution of its EarlyCDT®-Lung test in Iran with Tarvand Sina Tajhiz Co., an Iranian provider of test services and kits to the medical community. The agreement allows for the sale 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 […]

BBC Complains to UN on behalf of Persian Staff

The BBC has filed an urgent complaint to David Kaye, UN Special Rapporteur on the promotion and protection of the right to freedom of opinion and expression, on behalf of the staff of its BBC Persian service. The urgent complaint has also been sent to Asma Jahangir, UN Special Rapporteur on human rights in Iran, […]

Dentons advises Quercus on €500m Solar Energy Deal

Dentons Europe LLP has advised Quercus, one of the world’s largest renewable energy investors, on a deal worth more than €500 million with Iran’s Ministry of Energy for the development, construction and operation of a 600 MW solar energy photovoltaic (PV) plant in Iran. This is Quercus’ first investment outside of Europe and represents the […]

European Powers Continue to Support Nuke Deal

Joint statement from Prime Minister Theresa May, Chancellor Angela Merkel and President Emmanuel Macron following President Trump’s statement on the US’ Iran Strategy. We, the Leaders of France, Germany and the United Kingdom take note of President Trump’s decision not to recertify Iran’s compliance with the Joint Comprehensive Plan of Action to Congress and are […]

Iranian Universities enter Iraq

By Zep Kalb for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. In the aftermath of the US-led invasion of Iraq in 2003, the country’s educational system all but collapsed. Illiteracy rates have exploded. Universities have turned into sectarian battlegrounds. Systemic violence — including beatings, rape and […]

UK Parliamentary Team Due in Iran in 3 Weeks

A delegation from the British Parliament will pay a visit to Iran within the next three weeks, an Iranian lawmaker announced. Speaking to Tasnim, Head of Iran-UK Parliamentary Friendship Group Alireza Rahimi said arrangements for the trip are being discussed with the British side. The visit would take place within the next three weeks, he […]

Tehran Chamber of Commerce opens London Office

An office of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has been opened in London to attract foreign investment in the Islamic Republic. Speaking at the inauguration of the office, the head of the TCCIMA, Masoud Khansari, said following the 2015 nuclear deal between Tehran and six world powers, also known as […]

Rouhani Hopes for Closer Tehran-London Trade Ties

Iranian President Hassan Rouhani reiterated his administration’s policy to promote relations with European countries and said the Islamic Republic is ready to deepen ties with Britain in all spheres, economy in particular. Speaking at a meeting with British Prime Minister Theresa May in New York on Wednesday, Rouhani described facilitating banking cooperation as an important […]

Quercus plans EUR 500m Iran Solar Project

By John Lee. UK-based renewable energy investor Quercus will reportedly invest over half a billion euros in a solar power project in Iran. Chief executive Diego Biasi (pictured) told Reuters that construction of the 600-megawatt (MW) plant will start in the first half of 2018. He added that the firm embarked on such a big project […]

Shell, NIOC discuss Gas Field Development

Anglo-Dutch oil giant Shell met with officials from the National Iranian Oil Company (NIOC) to discuss the development project of Iran’s Kish gas field. A delegation from Shell headed by Hand Nijkamp, Shell’s VP in Shell Upstream International, Middle East and North Africa, met with Gholamreza Manouchehri, deputy for development and engineering at NIOC, and […]

Iran “Freezes Assets of BBC Persian Staff”

The BBC has said that Iranian authorities have frozen the assets of BBC Persian staff in Iran. BBC World Service Director Francesca Unsworth said the order was preventing staff from selling or buying property, cars and other goods. The service, which broadcasts on TV, on radio and online, is banned in Iran. More from BBC […]

Huge Iran-UK Immigration Ring Busted

By John Lee. Police in Spain have reportedly broken up a large immigration ring that smuggled Iranians as young as five into the United Kingdom. According to BBC News, the gang allegedly supplied fake Spanish passports to Iranian nationals so they could fly into the UK. Europol said the group charged migrants about €25,000 (£22,500) […]

Shell Proposes Plan to Develop Iranian Oil Fields

At a meeting on Tuesday, Shell submitted its technical study plan to Iran’s Petroleum Engineering and Development Company (PEDEC) for developing the Azadegan and Yadavaran oil fields. The meeting was attended by Sayyid Nooruddin Shahnazizadeh, CEO and PEDEC’s chairman of the board of directors, a team of experts in petroleum engineering management as well as […]

Iran’s Economy a ‘Masterpiece of Structural Ambiguity’

By Ali Dadpay for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The economy dominated Iran’s recent presidential election. Hassan Rouhani, the incumbent, argued that integration into the global economy is the only path to prosperity and job creation, while his rivals accused his administration of […]

UK Fashion Group targets Iran

By John Lee. Fashion retailer Quiz Group says it is planning to open further concessions in “Cyprus and the Middle East (such as in Iran) with existing partners and further concessions with new partners in the short term.” The Scottish-based company has successfully completed a £102.7 million placing, and is intending to apply for the admission […]

easyHotel to deliver 500+ new Hotel Rooms in Iran

By John Lee. UK-based easyHotel, the owner, developer and operator of “super budget” branded hotels, has announced that it has signed a Master Development Agreement with 3SV Limited to develop the easyHotel brand across multiple sites in Iran. The Iranian Tourism industry has seen significant growth in recent years with the Government outlining ambitious plans […]

UK: Iran Nuclear Deal “Best Option for the Int’l Community”

By John Lee. The United Kingdom’s Minister for Foreign Affairs has argued that the Iran nuclear deal — officially known as the Joint Comprehensive Plan of Action (JCPOA) — is working, and represents “the best option for the international community.” Writing in The Washington Post, Boris Johnson says: “In the troubled landscape of the Middle […]