Press Releases

MENAFN

(MENAFN) Iran’s Islamic Revolutionary Guard Corps (IRGC) on Thursday welcomed the US withdrawal from Iraq, describing it as a potential starting point for a broader American departure from the Middle East. In a statement marking the end of the US...

MENAFN

(MENAFN) Iraq on Friday announced a deal letting Iranian airlines run up to 40 daily flights to and from Najaf International Airport, excluding Mahan Air, an Iraqi news agency reported.

MENAFN

(MENAFN) Senior members of US President Donald Trump’s national security team met at Camp David on Friday for closed-door discussions focused on the war with Iran and the conflict involving Saudi Arabia and the Houthis in Yemen, according to...

MENAFN

(MENAFN) President Donald Trump's senior national security officials met behind closed doors at Camp David on Friday to discuss the Iran war and the Saudi-Houthi conflict in Yemen, media reported.

MENAFN

(MENAFN) China on Wednesday called on the United States and Iran to return to the framework established by the Islamabad memorandum of understanding (MoU) and restart diplomatic talks.

MENAFN

(MENAFN) Iranian Foreign Minister Abbas Araghchi has received a US response to a proposal delivered through Qatari mediation, Iranian government spokeswoman Fatemeh Mohajerani said Wednesday, according to reports.

Bank of England

Introduction The conflict in the Middle East has generated significant volatility and financial market repricing in the UK, relating to uncertainty around the evolution of the conflict, the outlook for UK inflation, and our monetary policy...

MENAFN

(MENAFN) Tehran has received Washington's answer to a proposal passed through Qatari mediators, government spokeswoman Fatemeh Mohajerani said Wednesday, citing a state broadcaster.

MENAFN

(MENAFN) Iran’s Islamic Revolutionary Guard Corps praised the completion of the US military withdrawal from Iraq on Thursday, describing the development as a potential starting point for a broader departure of American forces from the Middle East....

MENAFN

(MENAFN) Iran on Wednesday rejected reports that its delegation to the UN General Assembly was expelled from the United States, insisting it left on a schedule it had shared with Washington weeks earlier.

U.S. Department of the Treasury

Actions Target Iran’s Automotive, Rail, Manufacturing, and Steel Networks WASHINGTON—Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury is targeting some of the last significant elements of Iran’s failing industrial...

U.S. Department of the Treasury

WASHINGTON—Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury took unprecedented action against the A7 Network, a shadow banking network with ties to Russia used by the Iranian regime to evade sanctions.

Bank of England

Headline judgements and policy actions The likelihood that interconnected vulnerabilities in the financial system crystallise has risen since the Financial Policy Committee’s (FPC) previous meeting.

MENAFN

(MENAFN) The central banks of the United Arab Emirates (UAE) and Egypt extended their bilateral currency swap agreement on Tuesday, renewing a facility valued at 5 billion Emirati dirhams, or 69 billion Egyptian pounds ($1.36 billion). Khaled...

MENAFN

(MENAFN) Iran's rial plunged to an all-time low against the US dollar on Tuesday, with the free-market rate breaching the 2.5 million rials threshold for the first time.

MENAFN

(MENAFN) Iran issued a warning on Tuesday about the consequences of Israel's presence in the region, hours after Israeli Prime Minister Benjamin Netanyahu visited the United Arab Emirates.

MENAFN

(MENAFN) UK Prime Minister Andy Burnham said Wednesday there is a "strong indication" that Iran was involved in a suspected terror plot near the Royal Air Force (RAF) Fairford base in South West England. "There is indeed a strong indication that...

MENAFN

(MENAFN) Indian Prime Minister Narendra Modi and US President Donald Trump discussed bilateral trade, defense and energy cooperation during a phone conversation on Wednesday, alongside broader strategic issues between the two countries.

MENAFN

(MENAFN) Iran's parliament speaker warned on Tuesday that if Tehran cannot sell its oil, no other producer in the region will be able to either, a state-run news agency reported. “The US and other countries should know, as we have said, that in a...

MENAFN

(MENAFN) Iran has lodged a formal complaint with the International Civil Aviation Organization (ICAO) over US restrictions targeting its aviation sector, the head of the country's Civil Aviation Organization said Monday.