Search Site

Trends banner

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Iran asserts peaceful nuclear agenda amid western concerns

Iran's Supreme Leader Ayatollah Ali Khamenei shows him (C) visiting an exhibition of the country's nuclear industry achievements in Tehran, on June 11, 2023. AFP
  • Iranian foreign ministry spokesman Nasser Kanani reaffirmed the country's commitment to continuing cooperation with the IAEA
  • Kanani said that Iran views negotiation and diplomacy as the best methods for resolving any unfounded concerns about its nuclear program

Tehran, Iran – Iran’s nuclear program remains peaceful, said Nasser Kanani, the spokesman for the Iranian Ministry of Foreign Affairs, on Friday in response to a joint statement from the United States and three European countries.

In a press release on Friday, Kanani suggested that these countries should reconsider their actions over the past two years, particularly regarding negotiations to lift sanctions and their non-constructive policies. He emphasized that Iran’s enrichment of uranium to a 60-percent purity level is solely for peaceful purposes and is under the full supervision of the International Atomic Energy Agency (IAEA).

Asserting Iran’s awareness of its international rights and obligations, Kanani reaffirmed the country’s commitment to continuing cooperation with the IAEA. He criticized the United States and the three European countries for withdrawing from nuclear talks and introducing irrelevant issues, actions that he claims have led to the current stalemate. According to Kanani, such unilateral demands and a lack of willingness to correct Western missteps are unproductive.

Kanani said that Iran views negotiation and diplomacy as the best methods for resolving any unfounded concerns about its nuclear program.

This response comes following a joint statement by the United States, the United Kingdom, France, and Germany, expressing their strong objection to Iran’s increased uranium enrichment. According to a recent IAEA report, Iran has raised its uranium enrichment levels to 60-percent purity. The four countries condemned Iran’s actions, describing them as an “unabated escalation” of its nuclear program.