Search Site

Trends banner

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

West has failed to isolate Iran, says President Ebrahim Raisi

A critical agenda item for Raisi's Moscow visit is the situation in Palestine. (AFP)
  • "The enemy tried to follow two strategies: one was to isolate Iran from the world and the other was to discourage the Iranian nation," Raisi said.
  • The president said Iran was continuing to seek "the lifting of sanctions" through negotiations to revive the 2015 nuclear accord.

Tehran, Iran – Iran’s President Ebrahim Raisi said on Tuesday that the West had failed to isolate his country, while also holding out the prospect of resuming talks on reviving a nuclear deal.

“The enemy tried to follow two strategies: one was to isolate Iran from the world and the other was to discourage the Iranian nation,” Raisi said.

“It failed with both strategies. It didn’t succeed in isolating Iran,” he told a news conference in Tehran.

Raisi was referring to sanctions imposed on Iran since the United States torpedoed the nuclear deal in 2018, as well as protests that erupted in September 2022 over a young woman’s death in custody.

The president said Iran was continuing to seek “the lifting of sanctions” through negotiations to revive the 2015 nuclear accord.

But he added “we are not tying the country’s economy to the wishes” of Western countries.

Tensions between Tehran and Washington eased this month with the announcement of an agreement for Iran to release five American prisoners in exchange for the return of $6 billion in Iranian funds frozen in South Korea.

But the delicate agreement does not include the possibility of a return to the nuclear deal in the run-up to the 2024 US presidential election.

Raisi highlighted diplomatic successes, including rapprochement with Arab countries like Saudi Arabia along with its membership in the Shanghai Cooperation Organization and invitation to join the BRICS grouping.

Such alliances with emerging countries “represent a good opportunity to counter American unilateralism”, he said, adding his government was working “to reduce the influence of the dollar” on Iran’s economy.