Iran's Foreign Minister Abbas Araghchi will attend meetings in Geneva and Istanbul this weekend. AFP
Iran's Foreign Minister Abbas Araghchi will attend meetings in Geneva and Istanbul this weekend. AFP
Iran's Foreign Minister Abbas Araghchi will attend meetings in Geneva and Istanbul this weekend. AFP
Iran's Foreign Minister Abbas Araghchi will attend meetings in Geneva and Istanbul this weekend. AFP

Iranian Foreign Minister Abbas Araghchi to head to Geneva for talks with European ministers


Thomas Harding
  • English
  • Arabic

Iran's Foreign Minister has confirmed he will travel to Geneva to meet his counterparts from Britain, France and Germany on Friday for talks on Israel's conflict with Tehran.

Boosting hopes for a diplomatic breakthrough, Abbas Araghchi is to leave Iran for Switzerland. EU foreign affairs minister Kaja Kallas will also take part in the meeting.

Iranian state media reported the trip and Mr Araghchi said the meeting had come at the request of the three European countries. "We will meet with the European delegation in Geneva on Friday," he added.

David Lammy, the UK’s Foreign Secretary, is ready to support talks to reach a diplomatic settlement to the war, a UK official has told The National.

“The UK has had long-standing concerns about Iran’s nuclear programme for many years and the Foreign Secretary is ready to support talks to press for a diplomatic solution,” the diplomatic source said. An agreement is needed “to address the nuclear issue for the long term”, they added.

An EU official also confirmed to The National that Ms Kallas would “join her E3 counterparts for talks with the Iranian Foreign Minister in Geneva on Friday", in the hope of encouraging Iran to focus on a diplomatic resolution to the war. Other officials told The National overnight that the talks were "in the balance".

French Foreign Minister Jean-Noel Barrot said in Paris on Thursday that Iran was interested in holding talks. "During discussions we have had with the Iranian authorities, their message has been relatively clear: there is a willingness to resume discussions, including with the United States, provided that a ceasefire can be achieved," he said.

"On our side, there is a willingness to resume negotiations, provided that these negotiations can lead to a lasting, substantial reversal by Iran of its nuclear programme, its ballistic missile programme and its regional destabilisation activities."

The talks in Geneva will concentrate on whether Iran can provide assurances on significantly scaling back or ending its nuclear programme in light of the Israeli assault.

Mr Araghchi, who spoke by phone with the three foreign ministers earlier this week, insisted on social media that Tehran did not aim to develop a nuclear weapon. “Iran has proven in action what it has always publicly committed itself to: we have never sought and will never seek nuclear weapons,” he said.

But he is still said to be refusing to meet the US special envoy to the Middle East, Steve Witkoff, after the US approved Israel's air strikes across Iran last Friday.

Before the meeting with Mr Araghchi, UK Foreign Secretary David Lammy is first due to hold talks with US Secretary of State Marco Rubio in Washington, to address the Middle East crisis.

Meanwhile, Mr Aragchi is also expected to attend a meeting of the Organisation of Islamic Co-operation (OIC) in Istanbul on Saturday, a Turkish Foreign Ministry source said on Thursday.

The source added that a special session of the 51st OIC Council of Foreign Ministers is expected to focus on Israel's war on Iran. Turkey has sharply criticised Israel, called its actions illegal and said Iran was defending itself.

Opening the two-day summit, Turkish Foreign Minister Hakan Fidan is expected to call on Muslim countries to unite in the face of “destabilising actions” across the region, the ministry source said.

White House meeting

On Wednesday, Iran denied sending a delegation to Oman for negotiations with US officials over a ceasefire with Israel. Foreign Ministry spokesman Esmail Baghaei was quoted by state-run media as saying reports about the talks were “fabricated”.

Earlier media reports claimed Iran sent three planes to Muscat carrying officials for “secret” talks with US officials about a ceasefire with Israel.

US President Donald Trump has been ambiguous about whether American forces would strike Iranian nuclear sites. He has said Tehran made contact in a bid to negotiate.

His comments came a day after he appeared to be preparing for war and demanded the “unconditional surrender” of Tehran. He added that Iranian officials wanted to negotiate and had even proposed a meeting in the White House, but that it was “very late to be talking”.

Iran's mission to the UN denied that such a request had been made. “No Iranian official has ever asked to grovel at the gates of the White House,” the mission said in a post on X.

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

WITHIN%20SAND
%3Cp%3EDirector%3A%20Moe%20Alatawi%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Ra%E2%80%99ed%20Alshammari%2C%20Adwa%20Fahd%2C%20Muhand%20Alsaleh%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A

Favourite book: ‘The Art of Learning’ by Josh Waitzkin

Favourite film: Marvel movies

Favourite parkour spot in Dubai: Residence towers in Jumeirah Beach Residence

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Sly%20Cooper%20and%20the%20Thievius%20Raccoonus
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Sucker%20Punch%20Productions%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Sony%20Computer%20Entertainment%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%202%20to%205%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Nancy 9 (Hassa Beek)

Nancy Ajram

(In2Musica)

Padmaavat

Director: Sanjay Leela Bhansali

Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5

Updated: June 19, 2025, 1:30 PM