Iran

Venezuelan navy bolsters arsenal with Iranian-made anti-ship missiles

bne bureau South America April 22, 2024

The Venezuelan Navy has recently augmented its military capabilities with the addition of new CM-90 anti-ship missiles (ASM) manufactured in Iran, according to the country's Ministry of Defence.

Iran’s two major clubs officially sold to banks, petchem companies

bne Tehran bureau April 22, 2024

Iran's Economy Minister Ehsan Khandouzi has confirmed the transfer of ownership of the country's top two football clubs, Persepolis and Esteghlal to the private sector to continue playing in the Asian football league.

Iran’s supreme leader admits Israeli strike didn't do damage

bne Tehran bureau April 21, 2024

Leader of Iran Ali Khamenei said on April 21 that the retaliatory strike on Israel demonstrated and proved the “willpower of the Iranian nation and armed forces to the world.”

Mysterious predator dubbed “Goat Sucker” causes panic in Iraq

bne Gulf bureau April 21, 2024

A mysterious creature resembling a lizard and locally dubbed as "Goat Sucker" has caused a stir in the village of Sarsoola, eastern Dohuk, Iraq, after allegedly preying on 21 sheep.

EXPLAINER: Who are Iraq’s Popular Mobilisation Forces hit in alleged Israeli strike?

bne Gulf bureau April 20, 2024

In the early hours of April 20, Iraq's security force, the Popular Mobilisation Forces military base at Kalso was reportedly struck by Israeli missiles.

Massive explosion leaves huge crater in Iraqi military base after suspected Israeli strike

bne Tehran bureau April 20, 2024

An explosion at a military camp in northern Babil province, Iraq, resulted in the death of a member of the Popular Mobilization Forces (PMF) and injuries to eight others, the Iraqi Security Media Cell reported on April 20

PANNIER: Gulf investment commitments to Central Asia rival sums once pledged by China

Bruce Pannier April 19, 2024

Since Russia lost leverage in the region after invading Ukraine, many countries have sought to fill the gap. In terms of pledged capital, the Arab nations have become big players.

Israeli security minister Ben Gvir criticised for mocking alleged strike on Iran

bne Gulf bureau April 19, 2024

Israeli Internal Security Minister Itamar Ben-Gvir faced sharp criticism on April 19 from both government officials and opposition leaders after he posted a dismissive one-word tweet in response to reports of an Israeli attack on Iran.

EU’s Von der Leyen, China call for calm following Israeli attacks on Iran

bne Tehran bureau April 19, 2024

European Commission President Ursula von der Leyen urged Israel and Iran to prevent further escalation in the Middle East following an Israeli strike on Iranian territory

Iran denies 'Israeli strike', admits shooting down drones

bne Tehran bureau April 19, 2024

Iranian military and government officials confirmed that recent air defence activity in Isfahan province was a routine measure against suspicious aerial objects, with no resulting damages or incidents.

Iran's President Raisi warns Israel against any missteps

bne Tehran bureau April 18, 2024

Iran's President Ebrahim Raisi issued a stern warning to Israel late on April 18, cautioning that any mistake or aggression towards Iranian territory would be met with a severe response that would leave Israel and its allies regretting their actions.

Iran says may revise nuclear policies in case of Israeli threat against its sites

bne Tehran bureau April 18, 2024

Iran said it could revise its anti-nuclear weapons doctrine if threatened by Israel against its nuclear sites, in an escalation of events as the Jewish State prepares to celebrate passover on April 22.

Remittances come to the rescue of Lebanon’s battered economy

Fin DePencier in Beruit April 18, 2024

Lebanon has always found a way to bounce back. But past performance is no guarantee of future results, and the last few years have pushed the small Mediterranean country to the brink.

Russia's AvtoVAZ to start exporting Lada cars to Iran in 2024

bne Tehran bureau April 17, 2024

Russian carmaker AvtoVAZ is set to return to the Iranian market after a 25-year hiatus, the company’s president, Maxim Sokolov, has said, ignoring Middle East tensions.

Dubai airport, city and roads still underwater from historic floods

Deema Kanaani in Dubai April 17, 2024

Dubai witnessed "chaos" on April 17, with continued road closures and travellers urged not to come to the airport, a day after a storm accompanied by rains flooded large portions of the city.

Sick-looking Iranian president warns Israel of 'strong response'

bne Tehran bureau April 17, 2024

Iranian President Raisi looks ill in cabinet meeting

Dubai hit with a year’s worth of rain in a day

bne IntelliNews April 17, 2024

Dubai was hit with the heaviest rainfall in 75 years after a whole year’s worth of rain fell in a day on April 16, plunging the capital of the United Arab Emirates into chaos.

Russia pushes Iran to release its sailor from captured Israeli container ship

bne Tehran bureau April 16, 2024

Iranian authorities said they would provide Russian embassy officials with access to its citizen who was captured as part of the crew of the Israeli-owned MSC Aries.

Israel's financial markets hold despite Iranian missile strikes and threat of regional war

Ben Aris in Berlin April 16, 2024

Israel's financial markets shrugged off the April 13 Iranian missile strikes, which will have a minimal economic impact in the short term, say analysts

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