INSEAD Day 4 - 728x90

Iran

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.
  • Tehran, Iran -- As United Nations sanctions returned in full force on Sunday, Iranians felt the strain deepen, with prices soaring and the rial sinking to new lows. For Helia, a 33-year-old graphic designer in Tehran, the impact was already visible: the price tag on the furniture for her new...
  • Iran seizes US-bound oil tanker off Oman, says 2 missing in collision

    The US Navy demanded the immediate release of the tanker, saying it was transiting international waters in the Gulf of Oman and slammed Iran's "continued harassment of vessels". It is one of a spate of incidents since 2018, when then US president Donald Trump pulled out of a nuke pact...
  • Iran calls upon Lebanon to elect a president

    Iran's foreign minister called on Lebanon to overcome political deadlock and elect a president, urging foreign governments not to interfere in the choice. "We will support any election and agreement reached between all Lebanese sides... and we call on other foreign parties to respect the choice of the Lebanese," Hossein...
  • Iran director Panahi travels abroad after 14-year ban

    The 62-year-old Iranian director, whose films have won numerous international awards, was freed on bail in early February after nearly seven months in detention in Tehran. The lawyer said Panahi was travelling to France to visit his daughter.
  • Russia hosts talks for normalizing ties between Syria, Turkey

    Russian Defense Minister Sergei Shoigu hosted four-way talks aimed at normalizing ties between Ankara and Damascus, which were severed at the start of Syria's civil war in 2011. "Practical steps were discussed in the field of strengthening security in the Syrian Arab Republic and normalizing Syrian-Turkish relations," the Russian defense...
  • Iran claims foreign demand for its military equipment has gone up

    Tehran, Iran— Claiming that Iran has received numerous “requests” from different countries for purchase of its defense equipment and cooperation, Brigadier General Afshin Khajeh Fard has hailed the achievements in producing unmanned aerial vehicles (UAVs) and manned drones with fixed and moving wings. The brigadier general, the head of the...
  • Iran imposes sanctions on UK, EU individuals, entities

    Tehran, Iran— Iran has announced new sanctions against the UK and European Union “individuals and entities” for supporting what it terms as terrorist groups in the Islamic Republic. According to MEHR News Agency, sanctions have been imposed on 17 individuals and four entities for inciting and encouraging terrorist acts and...
  • West imposed nearly 800 sanctions on Iran since Sept 2022: Analyst

    Tehran, Iran -- The West has intensified economic pressures on Iran in recent months and imposed nearly 800 sanctions on Iran since September last year alone, an Iranian expert has said. Mohsen Pakaeen, a foreign policy analyst, told the official Islamic Republic News Agency that US, Europe along with Canada...
  • Iraq president to visit Iran as Middle East peace process gathers pace

    Tehran, Iran-- Iraq's President Abdul Latif Rashid will make an official visit to Iran in the near future as the two countries seek to consolidate their relations amid the warming of ties between Saudi Arabia and Iran. The visit of the Iraqi president to Iran was confirmed in a phone...
  • Saudi, Iran foreign ministers talk on phone, discuss next steps in ties

    Riyadh, Saudi Arabia - Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received a phone call from his Iranian counterpart Hussein Amir-Abdollahian, during which they discussed a number of issues of common interest between the two countries. The two sides discussed the next steps in light of...
  • US denies Iranian claims of forcing its submarine to surface

    TEHRAN, IRAN- Iran said on Thursday it had "forced" a US submarine to surface as it was crossing the strategic Strait of Hormuz in the Gulf, a claim the Americans promptly denied. Admiral Shahram Irani, the commander of Iran's navy, told state TV the USS Florida nuclear submarine was "approaching and...
  • Yemen stampede kills 85 at a charity distribution event

    In one of the deadliest stampedes in a decade, more than 80 people died and hundreds were injured at a charity distribution event in Yemen, according to Houthi officials. The tragedy struck the Arabian Peninsula's poorest country a few days before Eid al-Fitr. A Houthi official said many women and...
  • Step aside US: China’s road to global leadership goes through Middle East

    If China successfully mediates the Israel-Palestine peace talks, it will cement its status as a global peacemaker, a role that has long been reserved for the United States.
  • Middle East thaw: Now Qatar and UAE to reopen embassies

    "The technical committees are now doing their work in this context, and it is expected that there will be exchange visits to consider the procedures we need to reopen embassies." foreign ministry spokesperson Majid Al-Ansari told a briefing. A UAE official confirmed that the reopening of embassies is "under process".
  • Sound Saudi-Syria relations should be norm, says Bashar al-Assad

    The Syrian president met with Saudi Arabia's Foreign Minister Faisal bin Farhan in Damascus. This is the first visit to Syria's capital by a Saudi official since the start of the country's civil war in 2011, marking a new era in ties betwee the two countries.
  • Cementing ties: Iran invites Saudi Arabia’s king to visit Tehran

    The two countries had severed ties seven years ago after Saudi Arabia executed a revered Saudi shia cleric Sheikh Nimr al-Nimr. They have pledged to work for stabilizing the situation in the Middle East, where they have been supporting opposite sides in the conflicts of Syria and Yemen.
  • After major Yemen prisoner swap, another 104 released: ICRC

    A day after a major prisoner exchange, more than 100 prisoners of war were flown from Saudi Arabia to Yemen on Monday, raising hopes for peace in the future. Two ICRC planes carrying 48 prisoners each flew to Sanaa, Yemen's rebel-held capital, while a third with eight captives took off...
  • 10 Iranian soldiers sentenced for downing of Ukrainian plane

    Iran's judiciary had said in November 2021 that a trial had opened in Tehran for 10 military members in connection with the jet's downing.
  • Iraq invites Turkey, Iran to discuss water share issue  

    BAGHDAD, IRAQ -  Iraq's Minister of Water Resources Aoun Diab said on Sunday that the releases of the Tigris River will improve in the coming days. He also said that an invitation was extended to the Iranian Minister of Energy to attend the third Baghdad Water Conference. Diab said that...
  • Iran seals 150 businesses for ‘disrespecting’ headscarf obligation

    The closures were announced a day after police said they have now implemented a plan to deal with women who violate the law, using surveillance cameras and facial recognition technology. The requirement for women to wear the headscarf in public was enshrined in law shortly after the Islamic revolution of...
  • Iranian police to prosecute women violating dress code

    Iranian police said they will deal with women who violate the Islamic dress code. The number of women defying the dress code that headscarves must be worn in public has risen since a protest movement triggered by the death in custody of Kurdish-Iranian Mahsa Amini, 22, for allegedly flouting it.
  • Arab nations gather to discuss ending Syria’s long isolation

    Arab countries gathered in Jeddah on Friday to discuss ending Syria's long spell in the diplomatic wilderness as regional relations shift following Saudi Arabia and Iran's decision to resume ties.
  • Thousands of Iranians hold rallies on pro-Palestine Jerusalem Day

    The pro-Palestinian rallies follow months of unrest in Iran sparked by the September death in custody of Mahsa Amini, a young women arrested for an alleged breach of strict dress rules. The rallies, an annual fixture since Iran's 1979 Islamic revolution, are held on the last Friday of Ramadan.
  • Yemen prisoner swap starts as truce talks set for second round

    The first plane departed Sanaa, the rebel-held capital, for government-controlled Aden hours after a Saudi delegation departed without a fresh truce but with plans to meet again. Both initiatives come a month after Gulf heavyweights Saudi Arabia and Iran, who back opposing sides in the Yemeni conflict, agreed to re-establish...
  • Syria’s return to Arab fold: Shifting Mideast diplomacy takes center stage in Jeddah talks today

    Friday's nine-nation talks in Jeddah, the Red Sea gateway to Mecca, come after Syria's foreign minister arrived on a previously unannounced visit - the first since the outbreak of the country's civil war in 2011.
  • Saudi Deputy Foreign Minister Walid Al Khuraiji, right, receives Syrian Foreign Minister Faisal Mekdad upon his arrival at the airport of Jeddah, Saudi Arabia. (SPA)

    Arab meet: Middle East peace, ending Syria isolation key issues

    Friday's nine-nation talks in Jeddah come after Syria's foreign minister arrived on a previously unannounced visit -- the first since the outbreak of the country's civil war in 2011. It was one in a flurry of events that were nearly unthinkable before Saudi Arabia and Iran announced to restore ties.
  • Saudi Deputy Foreign Minister Walid Al Khuraiji, right, receives Syrian Foreign Minister Faisal Mekdad upon his arrival at the airport of Jeddah, Saudi Arabia. (SPA)

    Historic talks: Syrian and Saudi ministers discuss steps to resolve ongoing crisis in Syria

    It's raining peace in the Arab world. Saudi Arabia has taken lead in normalizing ties with countries such as Turkey, Iran and Syria in the past few months.
  • Yemen prisoner swap to start Thursday as peace hopes rise

    Nearly 900 prisoners, most of whom were fighting with Houthi rebels, will be flown between Yemen and Saudi Arabia, which leads the military coalition fighting on behalf of the ousted government, the official said on Tuesday.
  • Iran plans to strengthen penalties for violence against women

    TEHRAN, IRAN  -  Iran's parliament has adopted proposals to toughen penalties for perpetrators of violence against women which could be voted into law within months, state media has reported. Initiated more than 10 years ago, discussions in parliament led to the adoption on Sunday of the general principles of a draft...
  • Saudi delegation arrives in Yemen for peace talks with Houthis

    The delegation's arrival comes roughly a month after China helped broker a surprise rapprochement between Saudi Arabia and Iran, fuelling hopes for progress on ending the Yemen conflict that has claimed hundreds of thousands of lives. Omani mediators arrived in the Yemeni capital, Sanaa, on Saturday.
  • Iran officials to visit Saudi Arabia on April 14 ahead of reopening diplomatic missions

    Iran's foreign ministry said a delegation will visit Saudi Arabia by April 14 to pave the way for reopening its diplomatic missions there following a similar move by Riyadh. The announcement comes a day after a Saudi delegation arrived in Tehran and follows a historic meeting between the two Gulf...
  • Iran police to deploy ‘smart’ technology to nab unveiled women

    Tehran, Iran--Police in Iran said on Saturday they plan to use "smart" technology in public places to identify and then penalise women who violate the country's strict Islamic dress code. A statement said the force would "take action to identify norm-breaking people by using tools and smart cameras in public places...
  • Saudi Arabian delegation arrives in Iran to cement diplomatic ties

    Saturday's visit is part of "implementing the tripartite agreement" reached on March 10 between the two regional powers, brokered by China, to restore relations ruptured in 2016, the Saudi foreign ministry said. The two longtime Middle East rivals have now pledged to work together.
  • Omani group in Yemen to discuss Saudi-Houthi peace deal

    Nearly a decade of war in Yemen has claimed hundreds of thousands of lives, both directly and indirectly, and triggered what the United Nations has called the world's worst humanitarian crisis. The Huthis seized the capital Sanaa in 2014, triggering the conflict with the government backed for eight years by...
  • Schoolgirl poisonings continue in Iran

    TEHRAN, IRAN - Dozens of schoolgirls were poisoned Saturday in several schools across Iran, local media reported, in continuation of the mysterious phenomenon that has shaken the country for months. Since late November many schools, mostly for girls, have been affected by sudden poisoning incidents from gases or toxic substances, in...
  • French foreign minister has rare meeting with Iranian counterpart in China

    France's foreign minister has held a rare face-to-face meeting with her Iranian counterpart in China, urging Tehran to release French nationals "arbitrarily detained" in Iran, the foreign ministry said. Catherine Colonna, traveling with French President Emmanuel Macron on his state visit to China, met Hossein Amir-Abdollahian in Beijing.
  • Iran and Saudi Arabia: From proxy wars to partnership

    The two regional powers have cut ties twice since the 1987 crackdown on protesting Iranian pilgrims in Makkah. They have now pledged to work together for regional stability.
  • Iran, KSA agree to resume flights and bilateral visits

    Iranian Foreign Minister Hossein Amir-Abdollahian and his Saudi counterpart Prince Faisal bin Farhan have pledged to reopen diplomatic representations within two months.
  • Iran welcomes US decision to spur peace process in Yemen

    TEHRAN, IRAN - Iran on Wednesday welcomed a US call to help end the long-running conflict in Yemen by backing a peace process, one year after a United Nations-brokered truce dramatically reduced fighting. Diplomatic efforts to resolve the conflict have multiplied since the Yemeni government's main foreign backer Saudi Arabia signed a...
  • Iran names envoy to UAE after nearly eight-year absence

    Iran and the United Arab Emirates have long had close economic ties which continued even during the diplomatic chill. A veteran diplomat who served most recently as director general of the foreign ministry's diaspora affairs department, Reza Ameri's career had previously taken him to Algeria, Sudan and Eritrea.
  • Iran working on key pipeline to supply gas to Oman

    Reza Noshadi, who heads the National Iranian Gas Company’s engineering subsidiary, said that Iran will be able to export gas to Oman through the 200-kilometer pipeline from Minab to Kuhmobarak.
  • Israeli strike, fourth in a week, kills two civilians in Syria

    Damascus, Syria - An Israeli air strike on Tuesday killed two Syrian civilians, state media reported, the fourth such attack on government-held areas of the war-torn country in less than a week. During more than a decade of civil war in Syria, Israel has launched hundreds of air strikes on its...
  • 20 schoolgirls in Iran hospitalized due to poison attack

    TEHRAN, IRAN - Twenty Iranian schoolgirls were hospitalized Tuesday after the latest in a mysterious wave of poisoning attacks that have sickened thousands of pupils, state media reported. The girls were treated after suffering shortness of breath, in Tabriz, capital of the northwestern province of East Azerbaijan, reported the news agency...
  • Iran puts two women behind bars for refusal to wear hijab

    Iranian authorities ordered the arrest of two women, the judiciary said after a viral video appeared to show them being attacked by a man for not wearing the hijab. Video footage widely shared on social media in Iran appeared to show the two women customers, who were not wearing hijab...
  • Iran’s Revolutionary Guards officer killed in Israeli strike on Syria

    Tehran, Iran--An officer from Iran's powerful Revolutionary Guards was killed in Israeli air strikes on Syria early on Friday, a website affiliated with the Guards said. During more than a decade of civil war in Syria, Israel has launched hundreds of air strikes on Syrian territory, primarily targeting Iran-backed forces and Lebanese Hezbollah...
  • Two soldiers injured in Israeli aerial attack, says Syria

    Syria's foreign ministry condemned the strikes, accusing Israel in a statement of trying to "escape internal divisions", as the country faces a severe domestic crisis over controversial judicial reforms.
  • Saudi Arabia agrees to partner with China-led security bloc

    Riyadh, Saudi Arabia -- Saudi Arabia has agreed to join the Shanghai Cooperation Organization as a "dialogue partner", state media reported on Wednesday, the latest indication of closer political ties with China. The Shanghai Cooperation Organization was established in 2001 as a political, economic and security organization to rival Western institutions....
  • After Xi-brokered Iran deal, Saudi Arabia to join China led security bloc

    Riyadh's move to partner with the bloc comes less than three weeks after the unveiling of a landmark China-brokered reconciliation deal with Iran to restore full diplomatic relations that were severed seven years ago.
  • Xi hails Middle East thaw in call with Saudi crown prince

    In his first comments on the matter to be made public since the deal was struck, Xi said the dialogue promoted by China would "play a major role in strengthening regional unity and cooperation". Crown Prince Mohammed on Tuesday "expressed the Kingdom's appreciation for the Chinese initiative to support efforts...
  • Saudi, Iranian FMs vow to meet before Ramadan ends

    The proposed meeting between Saudi Prince Faisal bin Farhan and Iranian Foreign Minister Hossein Amir-Abdollahian aims to implement a reconciliation deal brokered by China.
  • Death toll in US strikes on Iran-linked groups in Syria rises to 19

    The Britain-based Observatory, which has a wide network of sources on the ground, said 19 people were killed in the first wave of US strikes: three Syrian soldiers and 16 members of Iran-backed militias. After the strikes, Biden sought to lower the temperature saying the US "does not seek conflict...