Iranian supreme leader Ayatollah Ali Khamenei delivers an official endorsment letter to president elect Masoud Pezeshikan. EPA
Iranian supreme leader Ayatollah Ali Khamenei delivers an official endorsment letter to president elect Masoud Pezeshikan. EPA
Iranian supreme leader Ayatollah Ali Khamenei delivers an official endorsment letter to president elect Masoud Pezeshikan. EPA
Iranian supreme leader Ayatollah Ali Khamenei delivers an official endorsment letter to president elect Masoud Pezeshikan. EPA

Iran's Khamenei formally endorses Pezeshkian as president


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Iran's supreme leader Ayatollah Ali Khamenei on Sunday formally endorsed Masoud Pezeshkian as the Islamic republic's ninth president, after he won a snap election earlier this month pledging reforms.

Mr Pezeshkian, a reformist who will be sworn in before parliament on Tuesday, is taking office at a time of heightened tension in the Middle East as fighting escalates between Israel and Iranian allies.

The endorsement ceremony, held in Tehran, was broadcast live on state television as banks and most government offices were shut to tackle a heatwave.

"I endorse his excellency Dr Masoud Pezeshkian as the president of the Islamic republic of Iran," said a decree by the supreme leader, read out by the director of his office.

Although a moderate, Mr Pezeshkian is not expected to bring about any radical shifts in foreign, domestic, or nuclear policy, as the supreme leader remains at the helm of all state affairs.

Foreign policy is not a matter decided by the Iranian president, but by Iran’s Islamic Revolutionary Guard Corps who answer to Mr Khamenei.

In his speech during the ceremony, Mr Khamenei reiterated Iran's anti-Israeli stance and praised Palestinian armed group Hamas for its resistance in Gaza.

Mr Pezeshkian vowed to adhere to the law and religious values, vowing that his administration will serve the people and "take no path but the path of justice and fairness".

Following the ceremony, acting president Mohammad Mokhber handed over to Mr Pezeshkian.

Mr Pezeshkian won a run-off race against ultraconservative Saeed Jalili on July 5 to replace president Ebrahim Raisi who died in a helicopter crash in May alongside other top officials.

Mr Raisi was a hardliner and his replacement has sparked hopes of a thaw in relations between Iran and the West, particularly with regards to nuclear issues.

During the ceremony, Mr Khamenei suggested he may be open to improving ties.

"We have no intention to oppose some European countries. The reason I did not mention European countries as a priority is that they have not treated us well for many years," he said.

If European countries did not "have this bad attitude" then mending ties "would be one of our priorities," he added.

Mr Khamenei stressed the importance of adopting an "active and effective" response to regional developments and that diplomacy should prioritise neighbouring countries.

He secured about 54 per cent of the 30 million ballots cast.

Later on Sunday, Mr Pezeshkian appointed reformist Mohammad Reza Aref, 72, as his first vice president, according to Iranian state media.

Mr Aref previously served as a vice president under former reformist President Mohammad Khatami from 2001 to 2005. The appointment marks the new president's first official act since assuming the position.

UAE currency: the story behind the money in your pockets
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Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
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Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

MATCH INFO

Sheffield United 0 Wolves 2 (Jimenez 3', Saiss 6)

Man of the Match Romain Saiss (Wolves)

THE SPECS

Engine: 6.0-litre, twin-turbocharged W12

Transmission: eight-speed automatic

Power: 626bhp

Torque: 900Nm

Price: Dh1,050,000

On sale: now

MATCH INFO

First Test at Barbados
West Indies won by 381 runs

Second Test at Antigua
West Indies won by 10 wickets

Third Test at St Lucia
February 9-13

 

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

COMPANY%20PROFILE
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The Vines - In Miracle Land
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The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

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Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

UAE currency: the story behind the money in your pockets
Honeymoonish
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Updated: July 28, 2024, 2:16 PM