INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Iran archeologists stand against antiquities trade bill

Iran is home to 26 UNESCO World Heritage Sites and 53 other sites on the body's tentative list (Image - Pixabay)
  • Iranian lawmakers said they hope to turn Iran into a "regional center" for antiquities trade
  • Local media regularly report arrests of individuals accused of smuggling artefacts out of the country

Iranian archaeology professors have published an open letter calling on parliament to step back from a draft law that would allow trade in antiquities, Iranian media reported Wednesday.

“A group of archaeology professors from across the country called for the withdrawal of a bill that would allow the trade of ancient artefacts,” local news agency reported.

According to the news agency, 46 out of 290 MPs proposed the draft law earlier this week, dubbed the “optimal utilization of ancient objects and treasures”.

Lawmakers said they hope to turn Iran into a “regional center” for antiquities trade, aiming to prevent the “cheap smuggling of national heritage”, local news said, citing the text of the draft.

Iranian media regularly report arrests of individuals accused of smuggling artefacts out of the country.

In their letter, the professors strongly criticized the MPs for proposing the bill “without any consultation with official archaeological institutions”.

“Not only does this plan not prevent the destruction of heritage and unprofessional excavations, it legally authorizes looters to destroy our heritage,” the letter warned.

Iran is home to 26 UNESCO World Heritage Sites and 53 other sites on the body’s tentative list.