Tag Archives | Saudi Arabia

Iran-Boeing deal would Reverse Decision to sell to Saudis

By Barbara Slavin, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Boeing deal would reverse 1993 decision to sell to Saudis, not Iran A multibillion-dollar deal by Boeing to sell civilian airliners to Iran would be a major financial, diplomatic and psychological breakthrough between the United […]

Iran to Develop Integrated Cyber-Attack Warning System

The Head of Iran’s Civil Defense Organization, Brigadier General Gholam Reza Jalali (pictured), has unveiled plans for developing a nationwide alarm system that would alert the country’s organizations to possible cyber-attacks. Speaking at a TV talk show on Sunday, General Jalali emphasized the necessity for a countrywide, integrated system capable of alarming organizations online in […]

Has the Iran-Saudi Cyberwar already started?

By Arash Karami, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Numerous Iranian media outlets reported May 25 that the website The Statistical Center of Iran (pictured) was hacked and temporarily put out of use. News agencies wrote that the hackers were “outside of Iran” […]

Four reasons Sisi won’t turn against Iran

By Hassan Ahmadian, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Riyadh is engulfing Cairo — this was the perception when King Salman bin Abdul-Aziz Al Saud visited Egypt for five days early last month. During the visit, many treaties and agreements were signed, including […]

Saudi-Iran Rivalry spills into UN Human Rights Council

By Fereshteh Sadeghi, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On March 23, the United Nations Human Rights Council voted to pass Resolution A/HCR/31/L.27, thereby extending the mandate of the special human rights rapporteur for Iran, Ahmed Shaheed (pictured). The resolution was approved by […]

Will Saudi block Iranians from Hajj this year?

By Arash Karami, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Tensions between regional rivals Saudi Arabia and Iran are not new, but recent statements by Iranian officials suggest that Saudi Arabia is intentionally delaying meetings between the two countries that would prevent Iranian pilgrims […]

Big Rise in Tenders for Iranian Offshore Projects

By John Lee. Zawya reports that the number of tenders for Iranian offshore projects increased by 20 percent in the last Iranian calendar year. The Head of the Contracts Department at the Iranian Offshore Oil Company (IOOC) said that 120 tenders were held last year for development of the offshore sector and the sea fields, […]

Saudi Arabia bans Iran’s Mahan Air

By John Lee. Saudi Arabia’s General Authority of Civil Aviation (GACA) has banned Iran’s Mahan Air from flying into the kingdom. It issued the order on Monday night, due to what it called “systematic violations” of the country’s safety regulations and laws. An official told Tasnim news agency that Iranian airlines currently have no flights to […]

Iran has World’s 5th Lowest Oil Production Costs

By John Lee. A report by Rystad Energy says that Iran has the world’s fifth-lowest-cost crude oil. Kuwait came in lowest at $8.50 per barrel, with Saudi Arabia at $9.90, followed by Iraq at $10.70. Fourth place went to UAE at $12.30, and Iran took fifth place with $12.60. The United Kingdom was the most […]

Iran Expected to raise April Light Crude Prices

By John Lee. Reuters reports that Iran is expected to raise price of its flagship light crude for Asian buyers in April. Iran is expected to price its light crude at a discount of 50 cents to the average of Oman and Dubai quotes to Asia for the month, up 30 cents from March. This […]

Five Reasons why Iran-Saudi Conflict Won’t Escalate

By Dr. Ali Omidi, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Relations between Iran and Saudi Arabia have been tense ever since the establishment of the Islamic Republic back in 1979. Initially, Iran’s doctrine of exporting its revolution and its leaders’ negative view of countries […]

Zarif: Iran, EU to start ‘All-Out Cooperation’

Foreign Minister Mohammad Javad Zarif said Monday that Iran and the European Union (EU) are set to start all-out cooperation and he will discuss Syria and Yemen in his talks in Brussels. Zarif is to hold talks with the officials of the European Union (EU) on various issues including the July nuclear deal known as […]

Will Saudi’s Cut to Trade with Iran Really Matter?

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Tension seems to be escalating further between Tehran and Riyadh after the Jan. 2 storming of the Saudi Embassy and consulate by a number of “extremists” in Iran. Although the administration of President Hassan […]

Could Iraq Mediate Iran, Saudi Strife?

By Mohammad Ali Shabani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Several regional states geopolitically situated between Tehran and Riyadh, including Pakistan and Oman, have expressed an interest in helping patch up the broken Iranian-Saudi relationship. However, Iraq is perhaps the most suited among […]

Is Iran prepared for more Saudi Surprises?

By Hassan Ahmadian, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. When two rivals constantly make contradictory strategic decisions, they are bound to eventually end up in a direct confrontation. Iran and Saudi Arabia are no exception. Since 2005, both countries have made conflicting strategic […]

Saudi-backed Shipping Line Resumes Iran Business

By John Lee. The United Arab Shipping Company (UASC) said on Wednesday it had “started accepting shipments to and from Iran,” according to a report from Reuters. The company, which suspended all Iran business in April 2013, is owned by the governments of the United Arab Emirates (UAE), Bahrain, Saudi Arabia (35%), Kuwait, Qatar (51%) and […]

Video: Saudi Arabia vs Iran: Beyond the Sunni-Shia Narrative

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. The long-running conflict between Saudi Arabia and Iran reached new heights this week after the kingdom severed diplomatic relations with Tehran. The diplomatic rupture, which has heightened tensions in the Middle East, came […]

Video: Will Saudi Arabia Win Support against Iran?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. When the Arab League met in an emergency session on Sunday tension with Iran topped the agenda. Saudi officials accused Iran of interfering in Arab affairs and undermining regional security. A day earlier, […]

Saudi Firm to Maintain Iran Business

By John Lee. Saudi Arabia’s largest food producer Savola says it will maintain business in Iran, brushing off speculation that its stake might be sold in the wake of a diplomatic spat between the two countries, reports Iran’s PressTV. A senior Savola executive told Reuters the company “plans to maintain its investments there (in Iran) […]

Video: Saudi-Iran Row – Iraq Offers to Mediate

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is offering to mediate between Saudi Arabia and Iran to end their dispute, which began when Riyadh executed a prominent Shia cleric. This, along with Tehran’s alleged failure to protect Saudi Arabian […]